American Tower Corp vs Dolby Laboratories, Inc. — how do they compare? American Tower Corp trades at $169 (market cap $79.00B), while Dolby Laboratories, Inc. trades at $60.91 (market cap $5.75B). The key difference: American Tower Corp is far larger — about 13.7× Dolby Laboratories, Inc.'s market cap, and American Tower Corp pays the higher dividend (4.12%). Which is the better fit depends on your goals.
| AMT | DLB | |
|---|---|---|
Market Cap | $79.00B | $5.75B |
Sector | Real Estate | Industrials |
52-Week High | $211.88 | $75.62 |
52-Week Low | $162.11 | $48.51 |
Enterprise Value | $122.53B | $5.12B |
Dividend Yield | 4.12% | 2.35% |
Trailing returns across standard periods
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 →Dolby Laboratories Inc develops audio and surround sound for cinema, broadcast, home audio systems, in-car entertainment systems, DVD players, games, televisions, and personal computers. The company generates three fourths of its revenue from licensing its technology to consumer electronics manufacturers around the world. The rest of revenue comes from equipment sales to professional producers and audio engineering services.
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