American Tower Corp vs McCormick & Company, Incorporated — how do they compare? American Tower Corp trades at $170 (market cap $78.80B), while McCormick & Company, Incorporated trades at $52.75 (market cap $14.27B). The key difference: American Tower Corp is far larger — about 5.5× McCormick & Company, Incorporated's market cap, and American Tower Corp pays the higher dividend (4.13%). Which is the better fit depends on your goals.
| AMT | MKC | |
|---|---|---|
Market Cap | $78.80B | $14.27B |
Sector | Real Estate | Consumer Staples |
52-Week High | $211.88 | $72.26 |
52-Week Low | $162.11 | $45.60 |
Enterprise Value | $122.32B | $18.87B |
Dividend Yield | 4.13% | 3.61% |
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 →In its 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers, with about 30% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the recently acquired Cholula brand.
Read more on MKC →