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

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Here’s a clear look at AMT and DLR, 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 DLR’s 58.13 billion USD, indicating a significant difference in their market valuations.

With betas of 0.83 for AMT and 0.97 for DLR, both stocks show similar sensitivity to overall market movements.

SymbolAMTDLR
Company NameAmerican Tower CorporationDigital Realty Trust, Inc.
CountryUSUS
SectorReal EstateReal Estate
IndustryREIT - SpecialtyREIT - Office
CEOSteven O. VondranAndrew P. Power
Price221.75 USD172.6 USD
Market Cap103.81 billion USD58.13 billion USD
Beta0.830.97
ExchangeNYSENYSE
IPO DateFebruary 27, 1998October 29, 2004
ADRNoNo

Historical Performance

This chart compares the performance of AMT and DLR 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. DLR: Growth of a $10,000 investment over the past one year.

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.

DLR

2.04%

REIT - Office Industry

Max
9.40%
Q3
3.15%
Median
0.71%
Q1
-2.53%
Min
-10.33%

Return on Equity is often not a primary performance indicator in the REIT - Office industry.

AMT vs. DLR: A comparison of their ROE against their respective REIT - Specialty and REIT - Office industry benchmarks.

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.

DLR

1.07%

REIT - Office Industry

Max
5.21%
Q3
3.70%
Median
2.50%
Q1
1.66%
Min
0.56%

Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Office industry.

AMT vs. DLR: A comparison of their ROIC against their respective REIT - Specialty and REIT - Office industry benchmarks.

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.

DLR

7.65%

REIT - Office Industry

Max
21.26%
Q3
7.69%
Median
3.16%
Q1
-9.27%
Min
-30.12%

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

AMT vs. DLR: A comparison of their Net Profit Margin against their respective REIT - Specialty and REIT - Office industry benchmarks.

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.

DLR

9.20%

REIT - Office Industry

Max
38.61%
Q3
26.61%
Median
20.01%
Q1
11.93%
Min
-1.11%

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

AMT vs. DLR: A comparison of their Operating Margin against their respective REIT - Specialty and REIT - Office industry benchmarks.

Profitability at a Glance

SymbolAMTDLR
Return on Equity (TTM)50.68%2.04%
Return on Assets (TTM)2.94%0.96%
Return on Invested Capital (TTM)7.12%1.07%
Net Profit Margin (TTM)17.34%7.65%
Operating Profit Margin (TTM)45.66%9.20%
Gross Profit Margin (TTM)68.44%55.04%

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.

DLR

1.53

REIT - Office Industry

Max
4.34
Q3
2.61
Median
1.46
Q1
0.88
Min
0.01

For the REIT - Office industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

AMT vs. DLR: A comparison of their Current Ratio against their respective REIT - Specialty and REIT - Office industry benchmarks.

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.

DLR

0.86

REIT - Office Industry

Max
2.25
Q3
1.66
Median
1.33
Q1
0.95
Min
0.63

Falling into the lower quartile for the REIT - Office industry, DLR’s Debt-to-Equity Ratio of 0.86 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

AMT vs. DLR: A comparison of their D/E Ratio against their respective REIT - Specialty and REIT - Office industry benchmarks.

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.

DLR

1.17

REIT - Office Industry

Max
2.60
Q3
1.69
Median
1.28
Q1
0.62
Min
-0.11

DLR’s Interest Coverage Ratio of 1.17 is positioned comfortably within the norm for the REIT - Office industry, indicating a standard and healthy capacity to cover its interest payments.

AMT vs. DLR: A comparison of their Interest Coverage against their respective REIT - Specialty and REIT - Office industry benchmarks.

Financial Strength at a Glance

SymbolAMTDLR
Current Ratio (TTM)0.551.53
Quick Ratio (TTM)0.551.53
Debt-to-Equity Ratio (TTM)12.560.86
Debt-to-Asset Ratio (TTM)0.720.41
Net Debt-to-EBITDA Ratio (TTM)5.685.96
Interest Coverage Ratio (TTM)3.511.17

Growth

The following charts compare key year-over-year (YoY) growth metrics for AMT and DLR. These metrics are based on the companies’ annual financial reports.

Revenue Growth

AMT vs. DLR: A comparison of their annual year-over-year Revenue Growth.

Earnings Per Share (EPS) Growth

AMT vs. DLR: A comparison of their annual year-over-year Earnings Per Share (EPS) Growth.

Free Cash Flow Growth

AMT vs. DLR: A comparison of their annual year-over-year 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.

DLR

2.83%

REIT - Office Industry

Max
14.12%
Q3
6.26%
Median
4.71%
Q1
2.62%
Min
0.00%

DLR’s Dividend Yield of 2.83% is consistent with its peers in the REIT - Office industry, providing a dividend return that is standard for its sector.

AMT vs. DLR: A comparison of their Dividend Yield against their respective REIT - Specialty and REIT - Office industry benchmarks.

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.

DLR

392.93%

REIT - Office Industry

Max
1,116.08%
Q3
556.10%
Median
233.84%
Q1
123.25%
Min
49.88%

DLR’s Dividend Payout Ratio of 392.93% 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.

AMT vs. DLR: A comparison of their Payout Ratio against their respective REIT - Specialty and REIT - Office industry benchmarks.

Dividend at a Glance

SymbolAMTDLR
Dividend Yield (TTM)2.99%2.83%
Dividend Payout Ratio (TTM)124.45%392.93%

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.

DLR

134.84

REIT - Office Industry

Max
90.97
Q3
72.34
Median
44.07
Q1
23.31
Min
19.29

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

AMT vs. DLR: A comparison of their P/E Ratio against their respective REIT - Specialty and REIT - Office industry benchmarks.

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.

DLR

6.07

REIT - Office Industry

Max
24.48
Q3
14.97
Median
1.22
Q1
0.24
Min
0.04

The Forward PEG Ratio is often not a primary valuation metric in the REIT - Office industry.

AMT vs. DLR: A comparison of their Forward PEG Ratio against their respective REIT - Specialty and REIT - Office industry benchmarks.

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.

DLR

10.32

REIT - Office Industry

Max
5.80
Q3
5.05
Median
3.85
Q1
2.27
Min
1.19

With a P/S Ratio of 10.32, DLR trades at a valuation that eclipses even the highest in the REIT - Office industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

AMT vs. DLR: A comparison of their P/S Ratio against their respective REIT - Specialty and REIT - Office industry benchmarks.

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.

DLR

2.73

REIT - Office Industry

Max
2.09
Q3
1.38
Median
0.98
Q1
0.74
Min
0.14

At 2.73, DLR’s P/B Ratio is at an extreme premium to the REIT - Office 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.

AMT vs. DLR: A comparison of their P/B Ratio against their respective REIT - Specialty and REIT - Office industry benchmarks.

Valuation at a Glance

SymbolAMTDLR
Price-to-Earnings Ratio (P/E, TTM)56.78134.84
Forward PEG Ratio (TTM)4.986.07
Price-to-Sales Ratio (P/S, TTM)9.8610.32
Price-to-Book Ratio (P/B, TTM)29.342.73
Price-to-Free Cash Flow Ratio (P/FCF, TTM)27.4835.17
EV-to-EBITDA (TTM)19.6227.63
EV-to-Sales (TTM)13.8713.16