American Tower Corp vs Live Nation Entertainment, Inc. — how do they compare? American Tower Corp trades at $169.49 (market cap $79.00B), while Live Nation Entertainment, Inc. trades at $185.84 (market cap $42.71B). The key difference: American Tower Corp is the larger of the two by market cap, and American Tower Corp pays a 4.12% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| AMT | LYV | |
|---|---|---|
Market Cap | $79.00B | $42.71B |
Sector | Real Estate | Industrials |
52-Week High | $211.88 | $186.59 |
52-Week Low | $162.11 | $125.61 |
Enterprise Value | $122.53B | $44.92B |
Dividend Yield | 4.12% | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 33% of Live Nation, held under its SiriusXM tracking stock.
Read more on LYV →