American Tower vs Crown Castle AMT vs CCI
American Tower and Crown Castle on one sheet: valuation multiples, growth, margins, debt, dividends and returns, each section labelled with the period it covers, from the companies' filings. Add or remove a stock above the sheet; the link holds the set.
AMTCCI
What differs most
- Market value: American Tower $87.73B, Crown Castle $38.22B.
- Free-cash-flow yield: Crown Castle 7.5%, American Tower 4.3%.
- Trailing P/E: Crown Castle 36.6×, American Tower 25.9×.
- One-year price return: American Tower −1.7%, Crown Castle −11.2%.
Price return
2025-10-26 → 2026-10-26
AMT−1.7%
CCI−11.2%
Profile
latestSector
Real Estate
Real Estate
Industry
REIT - Specialty
REIT - Specialty
Market value
$87.73B
$38.22B
Enterprise value
$130.95B
$61.01B
Employees
4,866
1,500
Revenue per employee (TTM)
$2.2M
$2.7M
Our models
nightlythe valuation on each stock's pagePrice vs model
18% undervalued vs model
18% overvalued vs model
Model range
$197–245
$67.80–86.29
Models in the headline
1
1
FCF growth priced in, at a 10% return
19.7%
12.4%
Every model, its assumptions and its range: AMT valuation · CCI valuation. The growth priced in, at any return: AMT reverse DCF · CCI reverse DCF.
Trading
close 2026-10-26Last close
$188.28
$87.47
52-week high
$194.12
$97.60
52-week low
$161.06
$66.12
Price vs 52-week high
−3.0%
−10.4%
Price vs 52-week low
+16.9%
+32.3%
Average daily volume / shares
0.6%
1.0%
Beta
0.89
0.96
Returns
to 2026-10-261 month
+13.1%
+29.8%
3 months
+13.0%
+16.8%
6 months
+5.7%
+1.3%
Year to date
+7.2%
−1.6%
1 year
−1.7%
−11.2%
1 year, dividends added
+2.0%
−6.9%
2 years
−15.5%
−19.7%
Valuation
AMT price × TTM to Jun 2026 · CCI price × TTM to Sep 2026P/E (TTM)
25.9×
36.6×
P/E on consensus EPS (next FY)
27.0×
45.3×
Price / sales
8.0×
9.4×
EV / sales
12.0×
14.9×
EV / EBITDA
19.6×
22.9×
Price / book
23.6×
—
Price / free cash flow (FY)
23.2×
13.3×
Free-cash-flow yield (FY)
4.3%
7.5%
Growth
TTM and FY2025Revenue growth (TTM)
—
—
Revenue growth, consensus next FY
+3.6%
−5.3%
Revenue, 3-year CAGR
3.3%
−15.2%
Revenue, 5-year CAGR
5.8%
−6.1%
EPS growth (TTM)
—
—
EPS growth, consensus next FY
+29.3%
+89.3%
EPS, 3-year CAGR
12.2%
−35.8%
Free cash flow, 3-year CAGR
27.6%
22.4%
Diluted shares, 3-year change
+1.4%
+0.7%
Profitability
AMT TTM to Jun 2026 · CCI TTM to Sep 2026Gross margin (FY)†
73.7%
66.1%
Operating margin
44.4%
47.2%
EBITDA margin
60.9%
65.2%
Net margin
30.9%
25.3%
Free-cash-flow margin (FY)
35.5%
67.4%
Return on equity
90.8%
—
Return on assets
5.3%
5.0%
Asset turnover
0.17
0.20
† Gross margin (FY): As filed. Companies draw the cost-of-revenue line in different places, so gross margins of two companies in one industry can differ for that reason alone; operating margin does not depend on where the line is drawn.
Balance sheet
AMT MRQ Jun 2026 · CCI MRQ Sep 2026Cash
$1.76B
$133.0M
Total debt
$44.98B
$22.92B
Net debt
$43.22B
$22.79B
Debt / equity
12.1×
—
Net debt / EBITDA (TTM)
6.5×
8.6×
Interest coverage (FY)
4.8×
2.2×
Current ratio (FY)
0.63
0.26
Dividends
trailing 12 monthsDividend yield
3.8%
4.9%
Dividends per share
$7.07
$4.25
Payout ratio (of TTM EPS)
97.2%
177.8%
Dividend per share, 5-year CAGR
7.0%
−4.4%
Frequency
Quarterly
Quarterly
Ownership and activity
last 90 days · latest 13FTracked superinvestors holding (13F)
4
0
Insider open-market buys (Form 4)
$509K
$0
Insider sales (Form 4)
$0
$114K
Analyst upgrades
1
1
Analyst downgrades
0
1
Statements
AMT income TTM to Jun 2026 · cash flow FY2025 · CCI income TTM to Sep 2026 · cash flow FY2025Revenue
$10.94B
$4.08B
EBITDA
$6.67B
$2.67B
Operating income
$4.86B
$1.93B
Net income
$3.38B
$1.03B
EPS (diluted)
$7.27
$2.39
Operating cash flow
$5.46B
$3.06B
Capital expenditure
−$1.68B
−$182.0M
Free cash flow
$3.78B
$2.88B
Dividends paid
$3.16B
$2.08B
Keep comparing
Statements, prices, dividends and consensus estimates from Financial Modeling Prep; insider trades from Form 4 and holdings from 13F. Refreshed nightly. A comparison of filed numbers, not a recommendation to buy, sell or hold any security.