AMT vs JLL vs AD Stock Comparison

American Tower, Jones Lang Lasalle and Array Digital Infrastructure Prices as of Oct 27, 2026 Peers: Industry group
AMT American Tower Corp /Ma/
$183.78 +8.7% 1M -3.1% 1Y
Market cap
$85.31B
P/E
25.8x
Revenue (TTM)
$11.01B
Div. yield
3.85%
Tower REITs Real Estate
3 wins
JLL Jones Lang Lasalle Inc
$299.91 -6.9% 1M -5.0% 1Y
Market cap
$13.80B
P/E
13.9x
Revenue (TTM)
$27.43B
Div. yield
–
Commercial Real Estate Services Real Estate
2 wins

Head to Head

12 decided of 12

Array Digital Infrastructure leads on 7 of the 12 questions below (Array Digital Infrastructure 7, American Tower 3, Jones Lang Lasalle 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMTJLLADLeader
Larger companyMarket capitalisation $85.31B $13.80B $2.80B AMT
Cheaper on earningsLower P/E, profitable companies only 25.8x 13.9x 5.2x AD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.2x 12.5x 5.1x AD
Faster revenue growthRevenue growth, trailing twelve months +5.3% +11.2% +98.9% AD
More profitableNet margin, trailing twelve months 30.1% 3.6% 250.8% AD
Better return on capitalReturn on invested capital 9.1% 10.6% 19.3% AD
Less leveragedLower net debt / EBITDA 5.1x 0.9x 0.5x AD
Higher dividend yieldTrailing dividend yield 3.85% 0.00% 65.61% AD
Better 1-year returnPrice return, last 12 months -3.1% -5.0% -35.8% AMT
Better 5-year returnAnnualised price return, 5 years -8.5%/yr +2.6%/yr +1.0%/yr JLL
Less volatileAnnualised volatility, 1 year 28.6% 36.0% 45.8% AMT
Higher overall scoreMean of the five percentile scores vs peers 62/100 81/100 58/100 JLL

Percentile Scorecard

AMTJLLAD

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

AxisAMTJLLAD
Valuation 40 #7 of 11 94 #2 of 18 20 #9 of 11
Growth 89 #2 of 10 87 #3 of 16 67 #4 of 10
Profitability 78 #3 of 10 87 #3 of 16 44 #6 of 10
Financial Health 40 #7 of 11 56 #8 of 17 100 #1 of 11
Shareholder Returns – – –
Overall 62 81 58
  • AMT ranked among 11 companies in Infrastructure REITs
  • JLL ranked among 19 companies in Real Estate Services
  • AD ranked among 11 companies in Infrastructure REITs

Price Performance

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

Returns

PeriodAMTJLLADSPY
1 month +8.7%-6.9%-6.1% -0.2%
3 months +7.0%-12.6%-7.5% +3.9%
6 months +3.0%-12.2%-32.7% +8.2%
Year to date +4.7%-10.9%-39.6% +12.9%
1 year -3.1%-5.0%-35.8% +12.3%
3 years +6.9%+143.3%-21.7% +87.4%
3 years, per year +2.2%+34.5%-7.9% +23.3%
5 years -35.7%+13.4%+5.3% +67.9%
5 years, per year -8.5%+2.6%+1.0% +10.9%
10 years +59.3%+205.7%-10.0% +261.1%
10 years, per year +4.8%+11.8%-1.0% +13.7%

Risk

MeasureAMTJLLADSPY
Volatility, 1Y 28.6%36.0%45.8% 12.7%
Downside volatility, 1Y 28.8%37.8%57.7% 12.7%
Beta vs S&P 500, 1Y -0.070.960.20 1.00
Return / volatility, 1Y -0.11-0.14-0.78 0.97
Max drawdown, 5Y -46.1%-55.5%-57.9% -25.4%
From 52-week high -5.3%-23.6%-46.3% -1.2%
52-week high $194.12$392.79$60.28 $779.14
52-week low $161.11$280.16$32.39 $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.

MultipleAMTJLLAD
P/E now vs peer median 25.8xmedian 24.2x 13.9xmedian 21.2x 5.2xmedian 24.2x
P/S now vs peer median 7.7xmedian 6.3x 0.5xmedian 0.7x 13.1xmedian 6.3x
EV/EBITDA now vs peer median 17.3xmedian 15.7x 9.4xmedian 9.8x 5.4xmedian 15.7x
P/FCF now vs peer median 21.5xmedian 18.2x 12.3xmedian 12.3x -8.3xmedian 18.2x
P/B now vs peer median 8.7xmedian 2.4x 1.8xmedian 1.8x 2.2xmedian 2.4x
PEG now vs peer median 0.39median 0.72 0.28median 0.52 0.03median 0.72

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 monthsAMTJLLAD
Revenue $11.01B $27.43B $213.53M
Gross profit $10.87B – $124.63M
Operating income $4.94B $1.28B $515.33M
Net income $3.38B $997.90M $539.97M
Free cash flow $3.96B $1.12B -$338.11M
EPS (diluted) $7.11 $21.29 $6.19
Cash & equivalents $1.87B $458.20M $416.44M
Total debt $37.58B $1.92B $674.88M
Shares (diluted) 465.76M 46.93M 86.51M
Enterprise value $84.84B $12.01B $1.70B

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
MetricAMTJLLAD
P/E 25.8x 13.9x 5.2x
P/FCF 21.5x 12.3x -8.3x
P/Operating cash flow 14.9x 10.1x -9.3x
P/S 7.7x 0.5x 13.1x
P/B 8.7x 1.8x 2.2x
P/Tangible book -21.6x 2.0x -8.7x
EV/EBITDA 17.3x 9.4x 5.4x
EV/EBIT 24.5x 12.0x 5.9x
EV/Revenue 11.0x 0.6x 14.3x
EV/FCF 30.6x 13.6x -9.0x
EV/Operating cash flow 21.2x 11.2x -10.1x
PEG (3Y EPS CAGR) 0.39 0.28 0.03

Growth

14 metrics
MetricAMTJLLAD
Revenue growth (1Y) 5.3% 11.2% 98.9%
Revenue CAGR (3Y) 6.2% 10.1% -62.6%
Gross profit growth (1Y) 5.7% – 275.2%
Gross profit CAGR (3Y) 6.0% – -61.4%
Operating income growth (1Y) 3.6% 38.9% 317.3%
Operating income CAGR (3Y) 16.9% 26.9% 205.9%
Net income growth (1Y) 12.0% 76.7% 2,476%
Net income CAGR (3Y) 74.5% 47.6% 207.2%
EPS growth (1Y) 13.6% 82.5% 2,291%
EPS CAGR (3Y) 66.9% 49.4% 197.0%
Operating cash flow growth (1Y) 9.0% 80.6% -135.6%
Operating cash flow CAGR (3Y) 6.2% 73.7% -35.2%
Free cash flow growth (1Y) 7.3% 99.7% -131.0%
Free cash flow CAGR (3Y) 11.8% 176.7% -152.5%

Profitability

14 metrics
MetricAMTJLLAD
Gross margin 98.7% – 58.4%
EBITDA margin 63.6% 5.9% 265.4%
Operating margin 44.8% 4.7% 241.3%
Pretax margin 35.3% 4.5% 373.7%
Net margin 30.1% 3.6% 250.8%
FCF margin 36.0% 4.1% -158.3%
Operating cash flow margin 51.8% 5.0% -141.8%
Return on equity 33.8% 13.3% 35.6%
Return on assets 5.4% 5.6% 15.2%
Return on invested capital 9.1% 10.6% 19.3%
Return on capital employed 9.1% 11.9% 16.1%
Asset turnover 0.2x 1.6x 0.1x
Cash conversion (OCF / net income) 1.7x 1.4x -0.6x
Stock comp / revenue 1.4% – 0.3%

Financial Health

11 metrics
MetricAMTJLLAD
Debt / assets 59.7% 11.0% 20.0%
Debt / equity 3.8x 0.3x 0.5x
Net debt / EBITDA 5.1x 0.9x 0.5x
Debt / FCF 9.5x 1.7x -2.0x
Liabilities / assets 84.5% 56.5% 62.3%
Equity / assets 15.5% 43.5% 37.7%
Interest coverage 3.5x – 13.3x
Current ratio 0.4x 1.1x 1.0x
Quick ratio 0.3x 0.4x 0.9x
Cash ratio 0.2x 0.1x 0.9x
Altman Z-score 1.17 3.31 1.14

Shareholder Returns

7 metrics
MetricAMTJLLAD
Dividend yield 3.8% – 65.6%
Net buyback yield 1.0% 4.1% –
Shareholder yield 4.8% 4.1% 65.6%
Payout ratio (earnings) – – 27.8%
Payout ratio (FCF) – – -44.4%
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusAMTJLLAD
Forward P/E 27.2xFY2026 12.5xFY2026 5.1xFY2026
EPS, next fiscal year $6.75FY2026 $23.99FY2026 $6.38FY2026
EPS growth, next FY +25.0%FY2026 +27.6%FY2026 +1,039.3%FY2026
EPS growth, the year after -0.3% +10.6% -81.8%
Revenue, next fiscal year $11.51BFY2026 $30.87BFY2026 $220.29MFY2026
Revenue growth, next FY +8.2%FY2026 +18.2%FY2026 +35.2%FY2026
Revenue growth, the year after +4.0% +3.4% -1.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMTJLLAD
Held by institutions 94.4% 93.2% 20.6%
Institutions holding 1,743 661 140
Change in shares held, QoQ +2.5% +0.2% -7.9%
Institutions buying 860 317 69
Institutions selling 657 264 46
Buyers to sellers 1.31 1.20 1.50

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.

AMTJLLAD
AMT 1.00 0.05 0.17
JLL 0.05 1.00 0.07
AD 0.17 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMT, JLL and AD?

American Tower (AMT) is the largest by market capitalisation: American Tower (AMT) $85.31B, Jones Lang Lasalle (JLL) $13.80B, Array Digital Infrastructure (AD) $2.80B.

Which stock is cheaper, AMT, JLL and AD?

Array Digital Infrastructure (AD) trades on the lowest price-to-earnings ratio (American Tower (AMT) 25.8x, Jones Lang Lasalle (JLL) 13.9x, Array Digital Infrastructure (AD) 5.2x). On next year's consensus earnings, Array Digital Infrastructure (AD) is cheapest (American Tower (AMT) 27.2x, Jones Lang Lasalle (JLL) 12.5x, Array Digital Infrastructure (AD) 5.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Array Digital Infrastructure (AD) grew revenue fastest over the trailing twelve months: American Tower (AMT) +5.3%, Jones Lang Lasalle (JLL) +11.2%, Array Digital Infrastructure (AD) +98.9%.

Which company is more profitable?

Array Digital Infrastructure (AD) has the highest net margin (American Tower (AMT) 30.1%, Jones Lang Lasalle (JLL) 3.6%, Array Digital Infrastructure (AD) 250.8%). On return on invested capital, Array Digital Infrastructure (AD) leads (American Tower (AMT) 9.1%, Jones Lang Lasalle (JLL) 10.6%, Array Digital Infrastructure (AD) 19.3%).

Which stock has performed better?

Over the past year American Tower (AMT) returned the most: American Tower (AMT) -3.1%, Jones Lang Lasalle (JLL) -5.0%, Array Digital Infrastructure (AD) -35.8%. Over five years, Jones Lang Lasalle (JLL) compounded fastest (American Tower (AMT) -8.5%/yr, Jones Lang Lasalle (JLL) +2.6%/yr, Array Digital Infrastructure (AD) +1.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Array Digital Infrastructure (AD) has the highest dividend yield: American Tower (AMT) 3.85%, Jones Lang Lasalle (JLL) 0.00%, Array Digital Infrastructure (AD) 65.61%. Jones Lang Lasalle (JLL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, American Tower (AMT) has been the steadiest (American Tower (AMT) 28.6%, Jones Lang Lasalle (JLL) 36.0%, Array Digital Infrastructure (AD) 45.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMT, JLL and AD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Array Digital Infrastructure (AD) leads on 7. 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.