American Tower (AMT) vs. Equinix (EQIX)
This page compares American Tower (AMT) with Equinix (EQIX) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.
Company Profile
American Tower (AMT) and Equinix (EQIX) both belong to the Specialized REITs industry, though AMT is classified under Telecom Tower REITs while EQIX falls under Data Center REITs.
Both American Tower (AMT, REIT) and Equinix (EQIX, REIT) are distribution-oriented income vehicles — payout ratios and P/E should be read alongside FFO, distributable cash flow, or issuer-specific cash-flow measures.
| Symbol | AMT | EQIX |
|---|---|---|
| Company Name | American Tower Corporation | Equinix, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Real Estate | Real Estate |
| GICS Industry Group | Equity Real Estate Investment Trusts (REITs) | Equity Real Estate Investment Trusts (REITs) |
| GICS Industry | Specialized REITs | Specialized REITs |
| GICS Sub-Industry | Telecom Tower REITs | Data Center REITs |
| Market Capitalization | 85.62 billion USD | 106.36 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NasdaqGS |
| Listing Date | February 27, 1998 | August 11, 2000 |
| Security Type | REIT | REIT |
Historical Performance
Historical Performance at a Glance
| Symbol | AMT | EQIX |
|---|---|---|
| 5-Day Price Return | 7.71% | 1.79% |
| 13-Week Price Return | -0.55% | 17.47% |
| 26-Week Price Return | 1.46% | 37.11% |
| 52-Week Price Return | -14.01% | 25.52% |
| Month-to-Date Return | 0.59% | -0.41% |
| Year-to-Date Return | 4.68% | 40.76% |
| 10-Day Avg. Volume | 3.38M | 0.51M |
| 3-Month Avg. Volume | 3.23M | 0.61M |
| 3-Month Volatility | 27.45% | 18.03% |
| Beta | 0.90 | 1.00 |
Profitability
Return on Equity (TTM)
American Tower (AMT) posts Return on Equity (TTM) of 78.17%, above its industry benchmark range, while Equinix (EQIX) at 10.03% sits closer to the industry mid-range.
AMT
Equity Real Estate Investment Trusts (REITs) industry group
78.17%
- Max
- 22.01%
- Q3
- 11.68%
- Median
- 6.89%
- Q1
- 3.22%
- Min
- -9.32%
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
10.03%
- Max
- 22.01%
- Q3
- 11.68%
- Median
- 6.89%
- Q1
- 3.22%
- Min
- -9.32%
Net Profit Margin (TTM)
Net Profit Margin (TTM) isn’t a meaningful figure for either American Tower (AMT) in Equity Real Estate Investment Trusts (REITs) or Equinix (EQIX) in Equity Real Estate Investment Trusts (REITs) under our convention.
AMT
Equity Real Estate Investment Trusts (REITs) industry group
26.81%
- Max
- 70.59%
- Q3
- 34.78%
- Median
- 23.30%
- Q1
- 9.09%
- Min
- -22.16%
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
15.07%
- Max
- 70.59%
- Q3
- 34.78%
- Median
- 23.30%
- Q1
- 9.09%
- Min
- -22.16%
Operating Profit Margin (TTM)
Operating Profit Margin (TTM) isn’t a meaningful figure for either American Tower (AMT) in Equity Real Estate Investment Trusts (REITs) or Equinix (EQIX) in Equity Real Estate Investment Trusts (REITs) under our convention.
AMT
Equity Real Estate Investment Trusts (REITs) industry group
44.65%
- Max
- 78.54%
- Q3
- 40.76%
- Median
- 25.94%
- Q1
- 14.42%
- Min
- -21.19%
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
20.86%
- Max
- 78.54%
- Q3
- 40.76%
- Median
- 25.94%
- Q1
- 14.42%
- Min
- -21.19%
Profitability at a Glance
| Symbol | AMT | EQIX |
|---|---|---|
| Return on Equity (TTM) | 78.17% | 10.03% |
| Return on Assets (TTM) | 4.57% | 3.60% |
| Net Profit Margin (TTM) | 26.81% | 15.07% |
| Operating Profit Margin (TTM) | 44.65% | 20.86% |
| Gross Profit Margin (TTM) | 73.96% | 51.14% |
Financial Strength
Current Ratio (MRQ)
Equinix (EQIX) at 1.18 keeps Current Ratio (MRQ) within its industry mid-range, while American Tower (AMT) at 0.30 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for AMT.
AMT
Equity Real Estate Investment Trusts (REITs) industry group
0.30
- Max
- 2.89
- Q3
- 1.41
- Median
- 0.74
- Q1
- 0.34
- Min
- 0.00
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
1.18
- Max
- 2.89
- Q3
- 1.41
- Median
- 0.74
- Q1
- 0.34
- Min
- 0.00
Debt-to-Equity Ratio (MRQ)
Equinix (EQIX) at 1.53 is around its industry mid-range for Debt-to-Equity Ratio (MRQ), while American Tower (AMT) at 10.59 sits above its industry benchmark range, pointing to a heavier debt load relative to equity.
AMT
Equity Real Estate Investment Trusts (REITs) industry group
10.59
- Max
- 3.10
- Q3
- 1.71
- Median
- 1.05
- Q1
- 0.76
- Min
- 0.14
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
1.53
- Max
- 3.10
- Q3
- 1.71
- Median
- 1.05
- Q1
- 0.76
- Min
- 0.14
Interest Coverage Ratio (TTM)
Equinix (EQIX) at 5.52 ranks in the top quartile for Interest Coverage Ratio (TTM), ahead of American Tower (AMT) at 2.50, which sits around the industry mid-range.
AMT
Equity Real Estate Investment Trusts (REITs) industry group
2.50
- Max
- 6.82
- Q3
- 3.66
- Median
- 2.50
- Q1
- 1.54
- Min
- -0.62
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
5.52
- Max
- 6.82
- Q3
- 3.66
- Median
- 2.50
- Q1
- 1.54
- Min
- -0.62
Financial Strength at a Glance
| Symbol | AMT | EQIX |
|---|---|---|
| Current Ratio (MRQ) | 0.30 | 1.18 |
| Quick Ratio (MRQ) | 0.27 | 1.18 |
| Debt-to-Equity Ratio (MRQ) | 10.59 | 1.53 |
| Interest Coverage Ratio (TTM) | 2.50 | 5.52 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | AMT | EQIX |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 6.82% | 9.84% |
| Revenue Growth (TTM vs Prior YoY) | 6.31% | 6.67% |
| 3-Year Revenue CAGR | 3.34% | 8.27% |
| 5-Year Revenue CAGR | 5.77% | 8.97% |
EPS Growth
EPS Growth at a Glance
| Symbol | AMT | EQIX |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 76.50% | 19.96% |
| EPS Growth (TTM vs Prior YoY) | 58.98% | 50.24% |
| 3-Year EPS CAGR | 12.24% | 21.49% |
| 5-Year EPS CAGR | 7.32% | 26.88% |
Dividend
Dividend Yield (TTM)
American Tower (AMT) at 3.72% reports Dividend Yield (TTM) around its industry mid-range, while Equinix (EQIX) at 1.79% drops into the bottom quartile.
AMT
Equity Real Estate Investment Trusts (REITs) industry group
3.72%
- Max
- 8.57%
- Q3
- 5.38%
- Median
- 4.20%
- Q1
- 3.23%
- Min
- 0.06%
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
1.79%
- Max
- 8.57%
- Q3
- 5.38%
- Median
- 4.20%
- Q1
- 3.23%
- Min
- 0.06%
Dividend Payout Ratio (TTM)
Dividend Payout Ratio (TTM) isn’t a meaningful figure for either American Tower (AMT) in Equity Real Estate Investment Trusts (REITs) or Equinix (EQIX) in Equity Real Estate Investment Trusts (REITs) under our convention.
AMT
Equity Real Estate Investment Trusts (REITs) industry group
110.17%
- Max
- 264.79%
- Q3
- 154.23%
- Median
- 110.31%
- Q1
- 77.71%
- Min
- 0.00%
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
134.11%
- Max
- 264.79%
- Q3
- 154.23%
- Median
- 110.31%
- Q1
- 77.71%
- Min
- 0.00%
Dividend at a Glance
| Symbol | AMT | EQIX |
|---|---|---|
| Dividend Yield (TTM) | 3.72% | 1.79% |
| Dividend Payout Ratio (TTM) | 110.17% | 134.11% |
Valuation
Price-to-Earnings Ratio (TTM)
Price-to-Earnings Ratio (TTM) isn’t a meaningful figure for either American Tower (AMT) in Equity Real Estate Investment Trusts (REITs) or Equinix (EQIX) in Equity Real Estate Investment Trusts (REITs) under our convention.
AMT
Equity Real Estate Investment Trusts (REITs) industry group
29.61
- Max
- 62.52
- Q3
- 38.29
- Median
- 28.27
- Q1
- 21.86
- Min
- 1.10
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
74.79
- Max
- 62.52
- Q3
- 38.29
- Median
- 28.27
- Q1
- 21.86
- Min
- 1.10
Price-to-Sales Ratio (TTM)
American Tower (AMT) at 7.94 carries typical industry Price-to-Sales Ratio (TTM), while Equinix (EQIX) at 11.27 sits in the higher-multiple quartile — EQIX carries a higher trailing revenue multiple relative to peers.
AMT
Equity Real Estate Investment Trusts (REITs) industry group
7.94
- Max
- 15.33
- Q3
- 9.12
- Median
- 6.96
- Q1
- 3.47
- Min
- 0.75
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
11.27
- Max
- 15.33
- Q3
- 9.12
- Median
- 6.96
- Q1
- 3.47
- Min
- 0.75
Price-to-Book Ratio (MRQ)
Both American Tower (AMT) at 22.85 and Equinix (EQIX) at 6.76 sit above their industries’ benchmark ranges for Price-to-Book Ratio (MRQ), pointing to unusually high book-value multiples relative to peers.
AMT
Equity Real Estate Investment Trusts (REITs) industry group
22.85
- Max
- 3.43
- Q3
- 2.78
- Median
- 1.80
- Q1
- 1.32
- Min
- 0.22
EQIX
Equity Real Estate Investment Trusts (REITs) industry group
6.76
- Max
- 3.43
- Q3
- 2.78
- Median
- 1.80
- Q1
- 1.32
- Min
- 0.22
Valuation at a Glance
| Symbol | AMT | EQIX |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 29.61 | 74.79 |
| Price-to-Sales Ratio (TTM) | 7.94 | 11.27 |
| Price-to-Book Ratio (MRQ) | 22.85 | 6.76 |
| Price-to-Free Cash Flow Ratio (TTM) | 22.78 | 297.92 |