American Tower Corp vs Prologis Inc — how do they compare? American Tower Corp trades at $169 (market cap $78.80B), while Prologis Inc trades at $139.1 (market cap $133.20B). The key difference: Prologis Inc is the larger of the two by market cap, and American Tower Corp pays the higher dividend (4.13%). Which is the better fit depends on your goals.
| AMT | PLD | |
|---|---|---|
Market Cap | $78.80B | $133.20B |
Sector | Real Estate | Real Estate |
52-Week High | $211.88 | $149.96 |
52-Week Low | $162.11 | $104.81 |
Enterprise Value | $122.32B | $167.94B |
Dividend Yield | 4.13% | 3.05% |
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 →Prologis was formed by the June 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $70 billion of third-party AUM. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.
Read more on PLD →