AMT vs. O: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at AMT and O, 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 O’s 52.09 billion USD, indicating a significant difference in their market valuations.
With betas of 0.83 for AMT and 0.77 for O, both stocks show similar sensitivity to overall market movements.
| Symbol | AMT | O |
|---|---|---|
| Company Name | American Tower Corporation | Realty Income Corporation |
| Country | US | US |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Specialty | REIT - Retail |
| CEO | Steven O. Vondran | Sumit Roy |
| Price | 221.75 USD | 57.68 USD |
| Market Cap | 103.81 billion USD | 52.09 billion USD |
| Beta | 0.83 | 0.77 |
| Exchange | NYSE | NYSE |
| IPO Date | February 27, 1998 | October 18, 1994 |
| ADR | No | No |
Historical Performance
This chart compares the performance of AMT and O 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.
O
2.52%
REIT - Retail Industry
- Max
- 21.92%
- Q3
- 12.41%
- Median
- 7.21%
- Q1
- 1.78%
- Min
- -4.50%
Return on Equity is often not a primary performance indicator in the REIT - Retail industry.
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.
O
3.27%
REIT - Retail Industry
- Max
- 10.68%
- Q3
- 6.77%
- Median
- 5.71%
- Q1
- 3.03%
- Min
- 1.32%
Return on Invested Capital is often not a primary measure of capital efficiency in the REIT - Retail industry.
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.
O
18.15%
REIT - Retail Industry
- Max
- 45.09%
- Q3
- 28.32%
- Median
- 18.15%
- Q1
- 10.14%
- Min
- -12.26%
In the REIT - Retail industry, Net Profit Margin is often not the primary profitability metric.
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.
O
44.38%
REIT - Retail Industry
- Max
- 65.94%
- Q3
- 46.00%
- Median
- 35.03%
- Q1
- 24.10%
- Min
- 5.51%
In the REIT - Retail industry, Operating Profit Margin is often not the primary measure of operational efficiency.
Profitability at a Glance
| Symbol | AMT | O |
|---|---|---|
| Return on Equity (TTM) | 50.68% | 2.52% |
| Return on Assets (TTM) | 2.94% | 1.40% |
| Return on Invested Capital (TTM) | 7.12% | 3.27% |
| Net Profit Margin (TTM) | 17.34% | 18.15% |
| Operating Profit Margin (TTM) | 45.66% | 44.38% |
| Gross Profit Margin (TTM) | 68.44% | 92.67% |
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.
O
1.45
REIT - Retail Industry
- Max
- 3.39
- Q3
- 1.98
- Median
- 0.71
- Q1
- 0.45
- Min
- 0.13
For the REIT - Retail industry, the Current Ratio is often not the most suitable measure of short-term liquidity.
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.
O
0.71
REIT - Retail Industry
- Max
- 1.99
- Q3
- 1.99
- Median
- 1.03
- Q1
- 0.77
- Min
- 0.07
Falling into the lower quartile for the REIT - Retail industry, O’s Debt-to-Equity Ratio of 0.71 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
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.
O
2.34
REIT - Retail Industry
- Max
- 4.88
- Q3
- 2.85
- Median
- 2.16
- Q1
- 1.45
- Min
- 0.24
O’s Interest Coverage Ratio of 2.34 is positioned comfortably within the norm for the REIT - Retail industry, indicating a standard and healthy capacity to cover its interest payments.
Financial Strength at a Glance
| Symbol | AMT | O |
|---|---|---|
| Current Ratio (TTM) | 0.55 | 1.45 |
| Quick Ratio (TTM) | 0.55 | 1.45 |
| Debt-to-Equity Ratio (TTM) | 12.56 | 0.71 |
| Debt-to-Asset Ratio (TTM) | 0.72 | 0.39 |
| Net Debt-to-EBITDA Ratio (TTM) | 5.68 | 6.34 |
| Interest Coverage Ratio (TTM) | 3.51 | 2.34 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for AMT and O. 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.
O
5.98%
REIT - Retail Industry
- Max
- 10.82%
- Q3
- 5.31%
- Median
- 4.63%
- Q1
- 4.01%
- Min
- 0.00%
With a Dividend Yield of 5.98%, O offers a more attractive income stream than most of its peers in the REIT - Retail industry, signaling a strong commitment to shareholder returns.
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.
O
283.37%
REIT - Retail Industry
- Max
- 423.00%
- Q3
- 209.73%
- Median
- 147.41%
- Q1
- 110.19%
- Min
- 11.52%
O’s Dividend Payout Ratio of 283.37% 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.
Dividend at a Glance
| Symbol | AMT | O |
|---|---|---|
| Dividend Yield (TTM) | 2.99% | 5.98% |
| Dividend Payout Ratio (TTM) | 124.45% | 283.37% |
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.
O
52.57
REIT - Retail Industry
- Max
- 61.28
- Q3
- 51.98
- Median
- 26.77
- Q1
- 22.01
- Min
- 1.22
The P/E Ratio is often not the primary metric for valuation in the REIT - Retail industry.
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.
O
-0.53
REIT - Retail Industry
- Max
- 28.54
- Q3
- 16.17
- Median
- 7.98
- Q1
- 4.29
- Min
- 0.21
The Forward PEG Ratio is often not a primary valuation metric in the REIT - Retail industry.
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.
O
9.66
REIT - Retail Industry
- Max
- 12.50
- Q3
- 8.72
- Median
- 6.69
- Q1
- 5.52
- Min
- 1.52
O’s P/S Ratio of 9.66 is in the upper echelon for the REIT - Retail industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
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.
O
1.32
REIT - Retail Industry
- Max
- 2.71
- Q3
- 2.52
- Median
- 1.58
- Q1
- 1.33
- Min
- 0.99
O’s P/B Ratio of 1.32 is in the lower quartile for the REIT - Retail industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.
Valuation at a Glance
| Symbol | AMT | O |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 56.78 | 52.57 |
| Forward PEG Ratio (TTM) | 4.98 | -0.53 |
| Price-to-Sales Ratio (P/S, TTM) | 9.86 | 9.66 |
| Price-to-Book Ratio (P/B, TTM) | 29.34 | 1.32 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 27.48 | 14.54 |
| EV-to-EBITDA (TTM) | 19.62 | 18.47 |
| EV-to-Sales (TTM) | 13.87 | 14.71 |