AMT vs WELL
American Tower (AMT) and Welltower (WELL) compared side by side. Welltower (WELL) is larger, with a market cap of $171.0B versus $88.1B for American Tower, about 1.9 times the size. On trailing earnings, AMT is cheaper at 26.0x versus 106.4x for WELL.
Head to head
| Metric | AMT | WELL |
|---|---|---|
| Market cap | $88.1B | $171.0B |
| P/E (TTM) | 26.0x | 106.4x |
| Forward P/E | 27.1x | 74.2x |
| Revenue (TTM) | $10.9B | $12.8B |
| Revenue growth | 4.7% | 39.1% |
| Gross margin | 73.8% | 39.6% |
| Operating margin | 45.4% | 16.6% |
| Free cash flow | $4.0B | $2.9B |
| Dividend yield | 3.79% | 1.43% |
| 1-year return | +3.3% | +36.8% |
| 5-year return (annual) | -4.8% | +27.0% |
| Max drawdown | -99% | -63% |
| FI Handbook grade | B- | D+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
AMT vs WELL FAQ
Which is bigger, AMT or WELL?
Welltower (WELL) is larger, with a market cap of $171.0B versus $88.1B for American Tower, about 1.9 times the size.
Is AMT or WELL cheaper?
On trailing earnings, AMT is cheaper at 26.0x versus 106.4x for WELL. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, AMT or WELL?
WELL returned +36.8% over the past year including dividends, versus +3.3% for AMT, through October 23, 2026.
Which pays a higher dividend, AMT or WELL?
AMT yields 3.79% versus 1.43% for WELL.
Full pages: American Tower · Welltower