American Tower (AMT) vs. Prologis (PLD)
This page compares American Tower (AMT) with Prologis (PLD) using historical performance, profitability, financial strength, growth, dividend, and valuation metrics.
Company Profile
American Tower (AMT) and Prologis (PLD) both fall under the Equity Real Estate Investment Trusts (REITs) industry group, but AMT is classified in Specialized REITs while PLD is classified in Industrial REITs.
Both American Tower (AMT, REIT) and Prologis (PLD, 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 | PLD |
|---|---|---|
| Company Name | American Tower Corporation | Prologis, 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 | Industrial REITs |
| GICS Sub-Industry | Telecom Tower REITs | Industrial REITs |
| Market Capitalization | 85.62 billion USD | 134.84 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 27, 1998 | November 21, 1997 |
| Security Type | REIT | REIT |
Historical Performance
Historical Performance at a Glance
| Symbol | AMT | PLD |
|---|---|---|
| 5-Day Price Return | 7.71% | 2.92% |
| 13-Week Price Return | -0.55% | 4.02% |
| 26-Week Price Return | 1.46% | 16.64% |
| 52-Week Price Return | -14.01% | 38.18% |
| Month-to-Date Return | 0.59% | 1.84% |
| Year-to-Date Return | 4.68% | 13.29% |
| 10-Day Avg. Volume | 3.38M | 2.92M |
| 3-Month Avg. Volume | 3.23M | 3.50M |
| 3-Month Volatility | 27.45% | 20.09% |
| Beta | 0.90 | 1.36 |
Profitability
Return on Equity (TTM)
American Tower (AMT) posts Return on Equity (TTM) of 78.17%, above its industry benchmark range, while Prologis (PLD) at 7.01% 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%
PLD
Equity Real Estate Investment Trusts (REITs) industry group
7.01%
- 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 Prologis (PLD) 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%
PLD
Equity Real Estate Investment Trusts (REITs) industry group
41.54%
- 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 Prologis (PLD) 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%
PLD
Equity Real Estate Investment Trusts (REITs) industry group
38.24%
- Max
- 78.54%
- Q3
- 40.76%
- Median
- 25.94%
- Q1
- 14.42%
- Min
- -21.19%
Profitability at a Glance
| Symbol | AMT | PLD |
|---|---|---|
| Return on Equity (TTM) | 78.17% | 7.01% |
| Return on Assets (TTM) | 4.57% | 3.78% |
| Net Profit Margin (TTM) | 26.81% | 41.54% |
| Operating Profit Margin (TTM) | 44.65% | 38.24% |
| Gross Profit Margin (TTM) | 73.96% | 74.43% |
Financial Strength
Current Ratio (MRQ)
Both American Tower (AMT) at 0.30 and Prologis (PLD) at 0.16 run Current Ratio (MRQ) in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
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
PLD
Equity Real Estate Investment Trusts (REITs) industry group
0.16
- Max
- 2.89
- Q3
- 1.41
- Median
- 0.74
- Q1
- 0.34
- Min
- 0.00
Debt-to-Equity Ratio (MRQ)
Prologis (PLD) at 0.65 maintains Debt-to-Equity Ratio (MRQ) in the lower-leverage quartile, while American Tower (AMT) at 10.59 sits above its industry benchmark range.
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
PLD
Equity Real Estate Investment Trusts (REITs) industry group
0.65
- Max
- 3.10
- Q3
- 1.71
- Median
- 1.05
- Q1
- 0.76
- Min
- 0.14
Interest Coverage Ratio (TTM)
Prologis (PLD) posts Interest Coverage Ratio (TTM) of 7.44, above its industry benchmark range, while American Tower (AMT) at 2.50 sits closer to 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
PLD
Equity Real Estate Investment Trusts (REITs) industry group
7.44
- Max
- 6.82
- Q3
- 3.66
- Median
- 2.50
- Q1
- 1.54
- Min
- -0.62
Financial Strength at a Glance
| Symbol | AMT | PLD |
|---|---|---|
| Current Ratio (MRQ) | 0.30 | 0.16 |
| Quick Ratio (MRQ) | 0.27 | 0.16 |
| Debt-to-Equity Ratio (MRQ) | 10.59 | 0.65 |
| Interest Coverage Ratio (TTM) | 2.50 | 7.44 |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | AMT | PLD |
|---|---|---|
| Revenue Growth (MRQ vs Prior YoY) | 6.82% | 7.39% |
| Revenue Growth (TTM vs Prior YoY) | 6.31% | 6.72% |
| 3-Year Revenue CAGR | 3.34% | 13.74% |
| 5-Year Revenue CAGR | 5.77% | 14.64% |
EPS Growth
EPS Growth at a Glance
| Symbol | AMT | PLD |
|---|---|---|
| EPS Growth (MRQ vs Prior YoY) | 76.50% | 65.35% |
| EPS Growth (TTM vs Prior YoY) | 58.98% | -0.99% |
| 3-Year EPS CAGR | 12.24% | -5.68% |
| 5-Year EPS CAGR | 7.32% | 12.11% |
Dividend
Dividend Yield (TTM)
American Tower (AMT) at 3.72% reports Dividend Yield (TTM) around its industry mid-range, while Prologis (PLD) at 2.87% 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%
PLD
Equity Real Estate Investment Trusts (REITs) industry group
2.87%
- 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 Prologis (PLD) 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%
PLD
Equity Real Estate Investment Trusts (REITs) industry group
105.78%
- Max
- 264.79%
- Q3
- 154.23%
- Median
- 110.31%
- Q1
- 77.71%
- Min
- 0.00%
Dividend at a Glance
| Symbol | AMT | PLD |
|---|---|---|
| Dividend Yield (TTM) | 3.72% | 2.87% |
| Dividend Payout Ratio (TTM) | 110.17% | 105.78% |
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 Prologis (PLD) 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
PLD
Equity Real Estate Investment Trusts (REITs) industry group
36.91
- 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 Prologis (PLD) at 15.33 sits in the higher-multiple quartile — PLD 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
PLD
Equity Real Estate Investment Trusts (REITs) industry group
15.33
- Max
- 15.33
- Q3
- 9.12
- Median
- 6.96
- Q1
- 3.47
- Min
- 0.75
Price-to-Book Ratio (MRQ)
Prologis (PLD) at 2.30 hovers around the typical industry Price-to-Book Ratio (MRQ), while American Tower (AMT) at 22.85 sits above its industry benchmark range — an elevated book-value multiple for AMT 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
PLD
Equity Real Estate Investment Trusts (REITs) industry group
2.30
- Max
- 3.43
- Q3
- 2.78
- Median
- 1.80
- Q1
- 1.32
- Min
- 0.22
Valuation at a Glance
| Symbol | AMT | PLD |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 29.61 | 36.91 |
| Price-to-Sales Ratio (TTM) | 7.94 | 15.33 |
| Price-to-Book Ratio (MRQ) | 22.85 | 2.30 |
| Price-to-Free Cash Flow Ratio (TTM) | 22.78 | 120.73 |