AMT vs CCI Stock Comparison

American Tower and Crown Castle Prices as of Oct 23, 2026 Peers: Industry group
AMT American Tower Corp /Ma/
$188.97 +10.6% 1M -0.7% 1Y
Market cap
$87.68B
P/E
25.8x
Revenue (TTM)
$10.94B
Div. yield
–
Tower REITs Real Estate
10 wins
CCI Crown Castle Inc.
$86.01 +22.5% 1M -12.5% 1Y
Market cap
$37.97B
P/E
44.0x
Revenue (TTM)
$4.16B
Div. yield
-0.06%
Tower REITs Real Estate
1 win

Head to Head

11 decided of 12

American Tower leads on 10 of the 12 questions below (American Tower 10, Crown Castle 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMTCCILeader
Larger companyMarket capitalisation $87.68B $37.97B AMT
Cheaper on earningsLower P/E, profitable companies only 25.8x 44.0x AMT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 28.0x 42.8x AMT
Faster revenue growthRevenue growth, trailing twelve months +6.6% -4.6% AMT
More profitableNet margin, trailing twelve months 31.1% 20.7% AMT
Better return on capitalReturn on invested capital 9.2% 10.4% CCI
Less leveragedLower net debt / EBITDA 5.1x 6.4x AMT
Higher dividend yieldTrailing dividend yield 0.00% -0.06% –
Better 1-year returnPrice return, last 12 months -0.7% -12.5% AMT
Better 5-year returnAnnualised price return, 5 years -7.9%/yr -13.7%/yr AMT
Less volatileAnnualised volatility, 1 year 28.5% 35.0% AMT
Higher overall scoreMean of the five percentile scores vs peers 56/100 37/100 AMT

Percentile Scorecard

AMTCCI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMTCCI
Valuation 30 #8 of 11 50 #6 of 11
Growth 89 #2 of 10 0 #10 of 10
Profitability 67 #4 of 10 78 #3 of 10
Financial Health 40 #7 of 11 20 #9 of 11
Shareholder Returns – –
Overall 56 37
  • AMT ranked among 11 companies in Infrastructure REITs
  • CCI ranked among 11 companies in Infrastructure REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMTCCISPY
1 month +10.6%+22.5% -1.0%
3 months +13.4%+14.8% +2.9%
6 months +6.0%-0.4% +6.4%
Year to date +7.6%-3.2% +11.4%
1 year -0.7%-12.5% +13.1%
3 years +15.8%-2.4% +79.4%
3 years, per year +5.0%-0.8% +21.5%
5 years -33.6%-52.0% +67.7%
5 years, per year -7.9%-13.7% +10.9%
10 years +63.3%-9.4% +255.2%
10 years, per year +5.0%-1.0% +13.5%

Risk

MeasureAMTCCISPY
Volatility, 1Y 28.5%35.0% 12.7%
Downside volatility, 1Y 28.7%34.4% 12.7%
Beta vs S&P 500, 1Y -0.060.17 1.00
Return / volatility, 1Y -0.02-0.36 1.03
Max drawdown, 5Y -46.1%-68.3% -25.4%
From 52-week high -2.7%-12.7% -2.5%
52-week high $194.12$98.49 $779.14
52-week low $161.11$66.11 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMTCCI
P/E now vs peer median 25.9xmedian 24.1x 43.2xmedian 24.1x
P/S now vs peer median 8.0xmedian 6.3x 8.8xmedian 6.3x
EV/EBITDA now vs peer median 17.7xmedian 16.7x 20.0xmedian 16.7x
P/FCF now vs peer median 22.2xmedian 18.0x 15.2xmedian 18.0x
P/B now vs peer median 8.6xmedian 2.3x -11.2xmedian 2.3x
PEG now vs peer median 0.50median 0.71 -2.12median 0.71

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMTCCI
Revenue $10.94B $4.16B
Gross profit $10.78B $4.06B
Operating income $4.90B $1.98B
Net income $3.52B $862.00M
Free cash flow $3.96B $2.41B
EPS (diluted) $7.29 $1.99
Cash & equivalents $1.76B $1.04B
Total debt $37.19B $18.24B
Shares (diluted) 466.27M 434.00M
Enterprise value $80.88B $36.72B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMTCCI
P/E 25.9x 43.2x
P/FCF 22.2x 15.2x
P/Operating cash flow 15.2x 14.0x
P/S 8.0x 8.8x
P/B 8.6x -11.2x
P/Tangible book -23.6x -11.1x
EV/EBITDA 17.7x 20.0x
EV/EBIT 25.2x 27.1x
EV/Revenue 11.3x 12.9x
EV/FCF 31.2x 22.4x
EV/Operating cash flow 21.4x 20.5x
PEG (3Y EPS CAGR) 0.50 -2.12

Growth

14 metrics
MetricAMTCCI
Revenue growth (1Y) 6.6% -4.6%
Revenue CAGR (3Y) 5.4% -16.5%
Gross profit growth (1Y) 6.5% -4.6%
Gross profit CAGR (3Y) 5.2% -15.4%
Operating income growth (1Y) 4.9% -6.9%
Operating income CAGR (3Y) 20.1% -7.5%
Net income growth (1Y) 164.5% 118.6%
Net income CAGR (3Y) 58.7% -20.4%
EPS growth (1Y) 164.5% 118.7%
EPS CAGR (3Y) 52.1% -20.4%
Operating cash flow growth (1Y) 10.1% -13.9%
Operating cash flow CAGR (3Y) 9.5% -7.0%
Free cash flow growth (1Y) 5.8% -16.4%
Free cash flow CAGR (3Y) 18.2% 9.8%

Profitability

14 metrics
MetricAMTCCI
Gross margin 98.5% 97.5%
EBITDA margin 63.7% 64.7%
Operating margin 44.8% 47.7%
Pretax margin 36.0% 26.2%
Net margin 31.1% 20.7%
FCF margin 36.2% 57.8%
Operating cash flow margin 52.8% 63.1%
Return on equity 34.5% –
Return on assets 5.6% 7.5%
Return on invested capital 9.2% 10.4%
Return on capital employed 9.0% 8.6%
Asset turnover 0.2x 0.2x
Cash conversion (OCF / net income) 1.6x 3.0x
Stock comp / revenue 1.5% 2.0%

Financial Health

11 metrics
MetricAMTCCI
Debt / assets 58.8% 84.8%
Debt / equity 3.6x -5.6x
Net debt / EBITDA 5.1x 6.4x
Debt / FCF 9.4x 7.6x
Liabilities / assets 83.8% 115.2%
Equity / assets 16.2% -15.2%
Interest coverage 3.5x 2.1x
Current ratio 0.4x 0.5x
Quick ratio 0.3x 0.4x
Cash ratio 0.2x 0.3x
Altman Z-score 1.20 -0.06

Shareholder Returns

7 metrics
MetricAMTCCI
Dividend yield 3.7% 4.9%
Net buyback yield 0.2% 2.7%
Shareholder yield 3.9% 7.6%
Payout ratio (earnings) – 266.9%
Payout ratio (FCF) – 95.6%
Dividend growth (1Y) – 21.8%
Dividend CAGR (3Y) – 3.0%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMTCCI
Forward P/E 28.0xFY2026 42.8xFY2026
EPS, next fiscal year $6.75FY2026 $2.01FY2026
EPS growth, next FY +25.0%FY2026 +99.0%FY2026
EPS growth, the year after -0.3% +43.3%
Revenue, next fiscal year $11.51BFY2026 $3.83BFY2026
Revenue growth, next FY +8.2%FY2026 -10.1%FY2026
Revenue growth, the year after +4.0% +0.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMTCCI
Held by institutions 94.4% 97.7%
Institutions holding 1,743 930
Change in shares held, QoQ +2.5% +1.0%
Institutions buying 860 438
Institutions selling 657 377
Buyers to sellers 1.31 1.16

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMTCCI
AMT 1.00 0.88
CCI 0.88 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMT and CCI?

American Tower (AMT) is the largest by market capitalisation: American Tower (AMT) $87.68B, Crown Castle (CCI) $37.97B.

Which stock is cheaper, AMT and CCI?

American Tower (AMT) trades on the lowest price-to-earnings ratio (American Tower (AMT) 25.8x, Crown Castle (CCI) 44.0x). On next year's consensus earnings, American Tower (AMT) is cheapest (American Tower (AMT) 28.0x, Crown Castle (CCI) 42.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

American Tower (AMT) grew revenue fastest over the trailing twelve months: American Tower (AMT) +6.6%, Crown Castle (CCI) -4.6%.

Which company is more profitable?

American Tower (AMT) has the highest net margin (American Tower (AMT) 31.1%, Crown Castle (CCI) 20.7%). On return on invested capital, Crown Castle (CCI) leads (American Tower (AMT) 9.2%, Crown Castle (CCI) 10.4%).

Which stock has performed better?

Over the past year American Tower (AMT) returned the most: American Tower (AMT) -0.7%, Crown Castle (CCI) -12.5%. Over five years, American Tower (AMT) compounded fastest (American Tower (AMT) -7.9%/yr, Crown Castle (CCI) -13.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, American Tower (AMT) has been the steadiest (American Tower (AMT) 28.5%, Crown Castle (CCI) 35.0%). Volatility measures how widely the price swings, not the risk of the business.

Do AMT and CCI move together?

Their daily returns over the past year have a correlation of 0.88, a strong positive relationship. Holding both adds little diversification.

Which is the better stock, AMT and CCI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, American Tower (AMT) leads on 10. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.