AMETEK, Inc. vs American Tower Corp — how do they compare? AMETEK, Inc. trades at $232.13 (market cap $53.63B), while American Tower Corp trades at $169.93 (market cap $78.54B). The key difference: American Tower Corp is the larger of the two by market cap, and American Tower Corp pays the higher dividend (4.14%). Which is the better fit depends on your goals.
| AME | AMT | |
|---|---|---|
Market Cap | $53.63B | $78.54B |
Sector | Industrials | Real Estate |
52-Week High | $241.94 | $232.35 |
52-Week Low | $176.44 | $162.11 |
Enterprise Value | $55.33B | $122.07B |
Dividend Yield | 0.58% | 4.14% |
Trailing returns across standard periods
Latest headlines on both assets
Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.
Read more on AME →American Tower owns and operates more than 220,000 cell towers throughout the U.S., Asia, Latin America, Europe, and Africa. It also owns and/or operates 25 data centers in eight U.S. markets after acquiring CoreSite. On its towers, the company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the U.S., which accounted for more than half of its total revenue in 2021. Outside the U.S., American Tower's greatest presence is in India and Brazil, where it operates roughly 75,000 and 19,000 towers, respectively. American Tower operates as a real estate investment trust.
Read more on AMT →