AMT vs. CBRE: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AMT and CBRE, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
AMT’s market capitalization of 103.81 billion USD is substantially larger than CBRE’s 42.68 billion USD, indicating a significant difference in their market valuations.
CBRE carries a higher beta at 1.29, indicating it’s more sensitive to market moves, while AMT (beta: 0.83) exhibits greater stability.
| Symbol | AMT | CBRE |
|---|---|---|
| Company Name | American Tower Corporation | CBRE Group, Inc. |
| Country | US | US |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Specialty | Real Estate - Services |
| CEO | Steven O. Vondran | Robert E. Sulentic |
| Price | 221.75 USD | 143.18 USD |
| Market Cap | 103.81 billion USD | 42.68 billion USD |
| Beta | 0.83 | 1.29 |
| Exchange | NYSE | NYSE |
| IPO Date | February 27, 1998 | June 10, 2004 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AMT and CBRE 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.
Profitability
Return on Equity
AMT
50.68%
REIT - Specialty Industry
- Max
- 37.06%
- Q3
- 18.93%
- Median
- 6.30%
- Q1
- -0.13%
- Min
- -15.30%
Return on Equity is often not a primary performance indicator in the REIT - Specialty industry.
CBRE
11.91%
Real Estate - Services Industry
- Max
- 11.91%
- Q3
- 9.21%
- Median
- 1.80%
- Q1
- -6.57%
- Min
- -12.86%
In the upper quartile for the Real Estate - Services industry, CBRE’s Return on Equity of 11.91% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
Return on Invested Capital
AMT
7.12%
REIT - Specialty Industry
- Max
- 13.73%
- Q3
- 9.56%
- Median
- 7.01%
- Q1
- 4.47%
- Min
- 3.05%
Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Specialty industry.
CBRE
6.30%
Real Estate - Services Industry
- Max
- 24.08%
- Q3
- 6.27%
- Median
- 3.51%
- Q1
- -7.42%
- Min
- -22.36%
In the upper quartile for the Real Estate - Services industry, CBRE’s Return on Invested Capital of 6.30% signifies a highly effective use of its capital to generate profits when compared to its peers.
Net Profit Margin
AMT
17.34%
REIT - Specialty Industry
- Max
- 50.00%
- Q3
- 26.13%
- Median
- 14.60%
- Q1
- 4.75%
- Min
- 1.95%
In the REIT - Specialty industry, Net Profit Margin is often not the primary profitability metric.
CBRE
2.74%
Real Estate - Services Industry
- Max
- 9.09%
- Q3
- 2.89%
- Median
- 2.32%
- Q1
- -1.64%
- Min
- -7.18%
CBRE’s Net Profit Margin of 2.74% is aligned with the median group of its peers in the Real Estate - Services industry. This indicates its ability to convert revenue into profit is typical for the sector.
Operating Profit Margin
AMT
45.66%
REIT - Specialty Industry
- Max
- 73.20%
- Q3
- 47.39%
- Median
- 32.80%
- Q1
- 16.51%
- Min
- 8.59%
In the REIT - Specialty industry, Operating Profit Margin is often not the primary measure of operational efficiency.
CBRE
4.04%
Real Estate - Services Industry
- Max
- 20.42%
- Q3
- 7.02%
- Median
- 3.99%
- Q1
- -3.44%
- Min
- -16.39%
CBRE’s Operating Profit Margin of 4.04% is around the midpoint for the Real Estate - Services industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | AMT | CBRE |
|---|---|---|
| Return on Equity (TTM) | 50.68% | 11.91% |
| Return on Assets (TTM) | 2.94% | 3.81% |
| Return on Invested Capital (TTM) | 7.12% | 6.30% |
| Net Profit Margin (TTM) | 17.34% | 2.74% |
| Operating Profit Margin (TTM) | 45.66% | 4.04% |
| Gross Profit Margin (TTM) | 68.44% | 19.86% |
Financial Strength
Current Ratio
AMT
0.55
REIT - Specialty Industry
- Max
- 4.07
- Q3
- 2.38
- Median
- 1.43
- Q1
- 0.59
- Min
- 0.19
For the REIT - Specialty industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
CBRE
1.00
Real Estate - Services Industry
- Max
- 3.77
- Q3
- 2.87
- Median
- 1.40
- Q1
- 1.11
- Min
- 0.31
CBRE’s Current Ratio of 1.00 falls into the lower quartile for the Real Estate - Services industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio
AMT
12.56
REIT - Specialty Industry
- Max
- 2.76
- Q3
- 1.56
- Median
- 1.11
- Q1
- 0.55
- Min
- 0.42
With a Debt-to-Equity Ratio of 12.56, AMT operates with exceptionally high leverage compared to the REIT - Specialty industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
CBRE
1.07
Real Estate - Services Industry
- Max
- 2.11
- Q3
- 1.66
- Median
- 0.54
- Q1
- 0.24
- Min
- 0.00
CBRE’s Debt-to-Equity Ratio of 1.07 is typical for the Real Estate - Services industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
AMT
3.51
REIT - Specialty Industry
- Max
- 3.62
- Q3
- 3.44
- Median
- 3.01
- Q1
- 2.44
- Min
- 1.17
AMT’s Interest Coverage Ratio of 3.51 is in the upper quartile for the REIT - Specialty industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
CBRE
6.48
Real Estate - Services Industry
- Max
- 12.80
- Q3
- 6.13
- Median
- 2.49
- Q1
- -1.96
- Min
- -9.17
CBRE’s Interest Coverage Ratio of 6.48 is in the upper quartile for the Real Estate - Services industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.
Financial Strength at a Glance
| Symbol | AMT | CBRE |
|---|---|---|
| Current Ratio (TTM) | 0.55 | 1.00 |
| Quick Ratio (TTM) | 0.55 | 1.00 |
| Debt-to-Equity Ratio (TTM) | 12.56 | 1.07 |
| Debt-to-Asset Ratio (TTM) | 0.72 | 0.34 |
| Net Debt-to-EBITDA Ratio (TTM) | 5.68 | 3.65 |
| Interest Coverage Ratio (TTM) | 3.51 | 6.48 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AMT and CBRE. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
AMT
2.99%
REIT - Specialty Industry
- Max
- 13.18%
- Q3
- 6.30%
- Median
- 4.63%
- Q1
- 2.61%
- Min
- 0.00%
AMT’s Dividend Yield of 2.99% is consistent with its peers in the REIT - Specialty industry, providing a dividend return that is standard for its sector.
CBRE
0.00%
Real Estate - Services Industry
- Max
- 10.79%
- Q3
- 1.45%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CBRE currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio
AMT
124.45%
REIT - Specialty Industry
- Max
- 667.77%
- Q3
- 177.73%
- Median
- 119.02%
- Q1
- 86.06%
- Min
- 0.14%
AMT’s Dividend Payout Ratio of 124.45% is above 100%. This means the company is paying out more in dividends than it earned, a practice that is often unsustainable and could indicate a risk to future dividend stability.
CBRE
0.00%
Real Estate - Services Industry
- Max
- 34.56%
- Q3
- 3.97%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
CBRE has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | AMT | CBRE |
|---|---|---|
| Dividend Yield (TTM) | 2.99% | 0.00% |
| Dividend Payout Ratio (TTM) | 124.45% | 0.00% |
Valuation
Price-to-Earnings Ratio
AMT
56.78
REIT - Specialty Industry
- Max
- 82.59
- Q3
- 54.68
- Median
- 29.28
- Q1
- 15.94
- Min
- 8.64
The P/E Ratio is often not the primary metric for valuation in the REIT - Specialty industry.
CBRE
43.58
Real Estate - Services Industry
- Max
- 76.80
- Q3
- 59.95
- Median
- 42.42
- Q1
- 19.27
- Min
- 12.83
CBRE’s P/E Ratio of 43.58 is within the middle range for the Real Estate - Services industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Forward P/E to Growth Ratio
AMT
4.98
REIT - Specialty Industry
- Max
- 12.06
- Q3
- 5.37
- Median
- 2.44
- Q1
- 0.82
- Min
- 0.51
The Forward PEG Ratio is often not a primary valuation metric in the REIT - Specialty industry.
CBRE
2.72
Real Estate - Services Industry
- Max
- 13.06
- Q3
- 6.50
- Median
- 1.45
- Q1
- 0.67
- Min
- 0.01
CBRE’s Forward PEG Ratio of 2.72 is within the middle range of its peers in the Real Estate - Services industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
Price-to-Sales Ratio
AMT
9.86
REIT - Specialty Industry
- Max
- 9.68
- Q3
- 8.45
- Median
- 5.59
- Q1
- 2.71
- Min
- 0.89
With a P/S Ratio of 9.86, AMT trades at a valuation that eclipses even the highest in the REIT - Specialty industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
CBRE
1.16
Real Estate - Services Industry
- Max
- 1.84
- Q3
- 1.80
- Median
- 1.22
- Q1
- 0.65
- Min
- 0.07
CBRE’s P/S Ratio of 1.16 aligns with the market consensus for the Real Estate - Services industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.
Price-to-Book Ratio
AMT
29.34
REIT - Specialty Industry
- Max
- 10.05
- Q3
- 5.14
- Median
- 1.95
- Q1
- 1.66
- Min
- 1.09
At 29.34, AMT’s P/B Ratio is at an extreme premium to the REIT - Specialty 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.
CBRE
5.29
Real Estate - Services Industry
- Max
- 6.77
- Q3
- 5.49
- Median
- 1.72
- Q1
- 0.71
- Min
- 0.28
The P/B Ratio is often not a primary valuation metric for the Real Estate - Services industry.
Valuation at a Glance
| Symbol | AMT | CBRE |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 56.78 | 43.58 |
| Forward PEG Ratio (TTM) | 4.98 | 2.72 |
| Price-to-Sales Ratio (P/S, TTM) | 9.86 | 1.16 |
| Price-to-Book Ratio (P/B, TTM) | 29.34 | 5.29 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 27.48 | 31.43 |
| EV-to-EBITDA (TTM) | 19.62 | 24.49 |
| EV-to-Sales (TTM) | 13.87 | 1.37 |