Equinix [EQIX] vs American Tower [AMT] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Equinix, Inc. wins in 6 metrics, American Tower Corporation wins in 15 metrics, with 0 ties. American Tower Corporation appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Equinix, Inc. American Tower Corporation Better
P/E Ratio (TTM) 81.29 32.36 American Tower Corporation
Price-to-Book Ratio 7.74 22.31 Equinix, Inc.
Debt-to-Equity Ratio 160.29 434.21 Equinix, Inc.
PEG Ratio -0.04 -0.98 Equinix, Inc.
EV/EBITDA 32.07 19.06 American Tower Corporation
Profit Margin (TTM) 14.58% 23.76% American Tower Corporation
Operating Margin (TTM) 21.54% 44.94% American Tower Corporation
EBITDA Margin (TTM) 21.54% 44.94% American Tower Corporation
Return on Equity 9.72% 26.28% American Tower Corporation
Return on Assets (TTM) 3.33% 4.90% American Tower Corporation
Free Cash Flow (TTM) $-400.00M $3.78B American Tower Corporation
Dividend Yield 2.50% 3.87% American Tower Corporation
1-Year Return 18.28% -12.86% Equinix, Inc.
Price-to-Sales Ratio (TTM) 11.88 7.66 American Tower Corporation
Enterprise Value $130.60B $131.64B American Tower Corporation
EV/Revenue Ratio 14.10 12.37 American Tower Corporation
Gross Profit Margin (TTM) 50.50% 73.91% American Tower Corporation
Revenue per Share (TTM) $95 $23 Equinix, Inc.
Earnings per Share (Diluted) $13.72 $5.40 Equinix, Inc.
Beta (Stock Volatility) 1.00 0.93 American Tower Corporation
Short % of Float 2.53% 1.72% American Tower Corporation

Equinix, Inc. vs American Tower Corporation Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Equinix, Inc.0.81%0.15%0.47%8.12%39.79%39.30%
American Tower Corporation-0.76%-1.77%8.87%0.57%3.05%6.27%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Equinix, Inc.18.28%35.61%28.33%181.88%1,001.79%2,025.73%
American Tower Corporation-12.86%-2.96%-29.62%75.03%272.87%521.45%

Performance & Financial Health Analysis: Equinix, Inc. vs American Tower Corporation

MetricEQIXAMT
Market Information
Market Cap i$109.35B$83.48B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i480,7343,035,756
90 Day Avg. Volume i543,7453,304,055
Last Close$1,064.38$185.76
52 Week Range$710.52 - $1,128.68$165.08 - $234.33
% from 52W High-5.70%-20.73%
All-Time High$1,128.68 (Apr 24, 2026)$303.72 (Sep 06, 2021)
% from All-Time High-5.70%-38.84%
Growth Metrics
Quarterly Revenue Growth0.08%0.08%
Quarterly Earnings Growth0.07%-0.33%
Financial Health
Profit Margin (TTM) i0.15%0.24%
Operating Margin (TTM) i0.22%0.45%
Return on Equity (TTM) i0.10%0.26%
Debt to Equity (MRQ) i160.29434.21
Cash & Liquidity
Book Value per Share (MRQ)$144.12$7.83
Cash per Share (MRQ)$17.58$3.16
Operating Cash Flow (TTM) i$3.91B$5.46B
Levered Free Cash Flow (TTM) i$2.83B$4.51B
Dividends
Last 12-Month Dividend Yield i2.50%3.87%
Last 12-Month Dividend i$23.92$6.80

Valuation & Enterprise Metrics Analysis: Equinix, Inc. vs American Tower Corporation

MetricEQIX (Apr 26, 2026)AMT (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i81.2932.36
Forward P/E i63.3025.18
PEG Ratio i-0.04-0.98
Price to Sales (TTM) i11.887.66
Price to Book (MRQ) i7.7422.31
Market Capitalization
Market Capitalization i$109.35B$83.48B
Enterprise Value i$130.60B$131.64B
Enterprise Value Metrics
Enterprise to Revenue i14.1012.37
Enterprise to EBITDA i32.0719.06
Risk & Other Metrics
Beta i1.000.93
Book Value per Share (MRQ) i$144.12$7.83

Financial Statements Comparison: Equinix, Inc. vs American Tower Corporation

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricEQIX (2025)AMT (2025)
Revenue/Sales i9.22B10.64B
Cost of Goods Sold i4.51B2.75B
COGS % of Revenue i48.9%25.8%
Gross Profit i4.71B7.90B
Gross Margin i51.1%74.2%
Research & Development iN/AN/A
Operating Income (EBIT) i1.97B4.93B
Operating Margin i21.3%46.3%
EBITDA i4.22B7.34B
EBITDA Margin i45.8%68.9%
Pre-Tax Income i1.51B3.04B
Pre-Tax Income % of Revenue i16.4%28.6%
Income Tax i160.00M415.70M
Income Tax % of Revenue i1.7%3.9%
Net Income (Profit) i1.35B2.63B
Profit Margin i14.6%24.7%

Balance Sheet & Liquidity Metrics

MetricEQIX (2025)AMT (2025)
Cash & Equivalents i1.73B1.47B
Total Current Assets i5.13B2.74B
Total Current Assets % of Revenue i55.6%25.8%
Total Current Liabilities i3.89B6.91B
Total Current Liabilities % of Revenue i42.2%65.0%
Long-Term Debt i21.09B40.99B
Long-Term Debt % of Revenue i228.8%385.1%
Total Shareholders Equity i14.18B10.36B
Retained Earnings i-6.10B-5.09B
Retained Earnings % of Revenue i-66.2%-47.8%
Property, Plant & Equipment i16.93B30.88B

Cash Flow Statement Comparison

MetricEQIX (2025)AMT (2025)
Operating Cash Flow i3.84B4.73B
Operating Cash Flow % of Revenue i41.7%44.4%
Capital Expenditures i-4.31B-1.68B
Free Cash Flow i-400.00M3.78B
FCF Margin i-4.3%35.5%
Debt Repayment i-1.36B-9.45B
Common Stock Repurchase iN/A-364.60M

Short Interest & Institutional Ownership Analysis

MetricEQIXAMT
Shares Short i2.18M6.98M
Short Ratio i3.562.15
Short % of Float i2.53%1.72%
Shares Outstanding i98.23M466.32M
Float Shares i97.87M464.68M
% Held by Insiders i0.28%0.09%
% Held by Institutions i99.48%96.27%
% Held by Public i0.24%3.64%

Dividend Analysis & Yield Comparison: Equinix, Inc. vs American Tower Corporation

MetricEQIXAMT
Last 12-Month Dividend i$23.92$6.80
Last 12-Month Dividend Yield i2.50%3.87%
3-Year Avg Annual Dividend i$18.48$6.58
3-Year Avg Dividend Yield i0.52%0.84%
3-Year Total Dividends i$55.45$19.73
Ex-Dividend DateFeb 25, 2026Dec 29, 2025