AMT vs. BXP: A Head-to-Head Stock Comparison

Updated on October 6, 2025

Here’s a clear look at AMT and BXP, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Both AMT and BXP are Real Estate Investment Trusts (REITs). These entities are required to distribute the majority of their taxable income to shareholders, often resulting in higher dividend yields.

Symbol	AMT	BXP
Company Name	American Tower Corporation	BXP, Inc.
Country	United States	United States
GICS Sector	Real Estate	Real Estate
GICS Industry	Specialized REITs	Office REITs
Market Capitalization	89.07 billion USD	13.37 billion USD
Exchange	NYSE	NYSE
Listing Date	February 27, 1998	June 18, 1997
Security Type	REIT	REIT

Historical Performance

This chart compares the performance of AMT and BXP by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

AMT vs. BXP: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	AMT	BXP
5-Day Price Return	-2.23%	0.32%
13-Week Price Return	-14.22%	9.85%
26-Week Price Return	-12.59%	12.53%
52-Week Price Return	-17.97%	-5.65%
Month-to-Date Return	-1.10%	1.71%
Year-to-Date Return	3.71%	1.68%
10-Day Avg. Volume	3.02M	2.27M
3-Month Avg. Volume	2.49M	1.86M
3-Month Volatility	20.40%	30.00%
Beta	0.93	1.02

Profitability

Return on Equity (TTM)

AMT

36.23%

Specialized REITs Industry

Max: 21.01%
Q3: 17.78%
Median: 8.42%
Q1: 6.83%
Min: -1.71%

AMT’s Return on Equity of 36.23% is exceptionally high, placing it well beyond the typical range for the Specialized REITs industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

BXP

0.09%

Office REITs Industry

Max: 9.67%
Q3: 6.69%
Median: 5.08%
Q1: 1.57%
Min: -0.31%

BXP’s Return on Equity of 0.09% is in the lower quartile for the Office REITs industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

AMT vs. BXP: A comparison of their Return on Equity (TTM) against their respective Specialized REITs and Office REITs industry benchmarks.

Net Profit Margin (TTM)

AMT

12.60%

Specialized REITs Industry

Max: 70.20%
Q3: 38.00%
Median: 23.98%
Q1: 6.53%
Min: -1.41%

In the Specialized REITs industry, Net Profit Margin is often not the primary profitability metric.

BXP

0.14%

Office REITs Industry

Max: 85.58%
Q3: 47.35%
Median: 43.44%
Q1: 6.51%
Min: -1.31%

In the Office REITs industry, Net Profit Margin is often not the primary profitability metric.

AMT vs. BXP: A comparison of their Net Profit Margin (TTM) against their respective Specialized REITs and Office REITs industry benchmarks.

Operating Profit Margin (TTM)

AMT

45.53%

Specialized REITs Industry

Max: 107.13%
Q3: 54.03%
Median: 42.12%
Q1: 16.28%
Min: 5.86%

In the Specialized REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

BXP

29.78%

Office REITs Industry

Max: 115.21%
Q3: 70.41%
Median: 29.81%
Q1: 26.15%
Min: 12.67%

In the Office REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

AMT vs. BXP: A comparison of their Operating Profit Margin (TTM) against their respective Specialized REITs and Office REITs industry benchmarks.

Profitability at a Glance

Symbol	AMT	BXP
Return on Equity (TTM)	36.23%	0.09%
Return on Assets (TTM)	2.07%	0.02%
Net Profit Margin (TTM)	12.60%	0.14%
Operating Profit Margin (TTM)	45.53%	29.78%
Gross Profit Margin (TTM)	74.37%	60.37%

Financial Strength

Current Ratio (MRQ)

AMT

0.61

Specialized REITs Industry

Max: 1.74
Q3: 1.08
Median: 0.58
Q1: 0.34
Min: 0.10

AMT’s Current Ratio of 0.61 aligns with the median group of the Specialized REITs industry, indicating that its short-term liquidity is in line with its sector peers.

BXP

1.13

Office REITs Industry

Max: 2.11
Q3: 1.13
Median: 0.63
Q1: 0.40
Min: 0.14

BXP’s Current Ratio of 1.13 aligns with the median group of the Office REITs industry, indicating that its short-term liquidity is in line with its sector peers.

AMT vs. BXP: A comparison of their Current Ratio (MRQ) against their respective Specialized REITs and Office REITs industry benchmarks.

Debt-to-Equity Ratio (MRQ)

AMT

10.10

Specialized REITs Industry

Max: 5.86
Q3: 3.80
Median: 1.22
Q1: 0.73
Min: 0.16

With a Debt-to-Equity Ratio of 10.10, AMT operates with exceptionally high leverage compared to the Specialized REITs industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

BXP

3.08

Office REITs Industry

Max: 1.63
Q3: 1.36
Median: 0.87
Q1: 0.77
Min: 0.44

With a Debt-to-Equity Ratio of 3.08, BXP operates with exceptionally high leverage compared to the Office REITs industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

AMT vs. BXP: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Specialized REITs and Office REITs industry benchmarks.

Interest Coverage Ratio (TTM)

AMT

5.07

Specialized REITs Industry

Max: 5.24
Q3: 3.92
Median: 2.94
Q1: 2.07
Min: 1.14

AMT’s Interest Coverage Ratio of 5.07 is in the upper quartile for the Specialized REITs industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

BXP

1.09

Office REITs Industry

Max: 3.98
Q3: 3.17
Median: 1.73
Q1: 1.18
Min: 0.20

In the lower quartile for the Office REITs industry, BXP’s Interest Coverage Ratio of 1.09 indicates a tighter cushion for servicing debt, suggesting less financial flexibility than many of its competitors.

AMT vs. BXP: A comparison of their Interest Coverage Ratio (TTM) against their respective Specialized REITs and Office REITs industry benchmarks.

Financial Strength at a Glance

Symbol	AMT	BXP
Current Ratio (MRQ)	0.61	1.13
Quick Ratio (MRQ)	0.51	1.08
Debt-to-Equity Ratio (MRQ)	10.10	3.08
Interest Coverage Ratio (TTM)	5.07	1.09

Growth

Revenue Growth

AMT vs. BXP: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

AMT vs. BXP: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

AMT

3.44%

Specialized REITs Industry

Max: 6.92%
Q3: 5.29%
Median: 4.71%
Q1: 3.25%
Min: 2.16%

AMT’s Dividend Yield of 3.44% is consistent with its peers in the Specialized REITs industry, providing a dividend return that is standard for its sector.

BXP

5.78%

Office REITs Industry

Max: 8.13%
Q3: 6.22%
Median: 5.09%
Q1: 3.83%
Min: 2.00%

BXP’s Dividend Yield of 5.78% is consistent with its peers in the Office REITs industry, providing a dividend return that is standard for its sector.

AMT vs. BXP: A comparison of their Dividend Yield (TTM) against their respective Specialized REITs and Office REITs industry benchmarks.

Dividend Payout Ratio (TTM)

AMT

111.40%

Specialized REITs Industry

Max: 338.69%
Q3: 202.75%
Median: 125.21%
Q1: 107.89%
Min: 16.73%

AMT’s Dividend Payout Ratio of 111.40% is within the typical range for the Specialized REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

BXP

222.09%

Office REITs Industry

Max: 277.06%
Q3: 174.29%
Median: 94.90%
Q1: 92.69%
Min: 21.37%

BXP’s Dividend Payout Ratio of 222.09% is in the upper quartile for the Office REITs industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

AMT vs. BXP: A comparison of their Dividend Payout Ratio (TTM) against their respective Specialized REITs and Office REITs industry benchmarks.

Dividend at a Glance

Symbol	AMT	BXP
Dividend Yield (TTM)	3.44%	5.78%
Dividend Payout Ratio (TTM)	111.40%	222.09%

Valuation

Price-to-Earnings Ratio (TTM)

AMT

69.24

Specialized REITs Industry

Max: 119.95
Q3: 64.19
Median: 27.78
Q1: 23.88
Min: 5.25

The P/E Ratio is often not the primary metric for valuation in the Specialized REITs industry.

BXP

2,429.95

Office REITs Industry

Max: 78.58
Q3: 40.95
Median: 23.89
Q1: 14.94
Min: 5.75

The P/E Ratio is often not the primary metric for valuation in the Office REITs industry.

AMT vs. BXP: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Specialized REITs and Office REITs industry benchmarks.

Price-to-Sales Ratio (TTM)

AMT

8.73

Specialized REITs Industry

Max: 10.35
Q3: 8.84
Median: 8.28
Q1: 5.39
Min: 1.68

AMT’s P/S Ratio of 8.73 aligns with the market consensus for the Specialized REITs industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

BXP

3.47

Office REITs Industry

Max: 14.25
Q3: 8.80
Median: 6.86
Q1: 4.53
Min: 2.59

In the lower quartile for the Office REITs industry, BXP’s P/S Ratio of 3.47 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

AMT vs. BXP: A comparison of their Price-to-Sales Ratio (TTM) against their respective Specialized REITs and Office REITs industry benchmarks.

Price-to-Book Ratio (MRQ)

AMT

27.87

Specialized REITs Industry

Max: 13.73
Q3: 7.48
Median: 2.56
Q1: 1.70
Min: 0.71

At 27.87, AMT’s P/B Ratio is at an extreme premium to the Specialized REITs industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

BXP

2.03

Office REITs Industry

Max: 2.08
Q3: 1.35
Median: 1.06
Q1: 0.72
Min: 0.45

BXP’s P/B Ratio of 2.03 is in the upper tier for the Office REITs industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

AMT vs. BXP: A comparison of their Price-to-Book Ratio (MRQ) against their respective Specialized REITs and Office REITs industry benchmarks.

Valuation at a Glance

Symbol	AMT	BXP
Price-to-Earnings Ratio (TTM)	69.24	2,429.95
Price-to-Sales Ratio (TTM)	8.73	3.47
Price-to-Book Ratio (MRQ)	27.87	2.03
Price-to-Free Cash Flow Ratio (TTM)	23.93	125.22