Compare Stocks: AMT vs. SBAC

Market Snapshot

Current market context for the selected companies.

AMT

$177.54

Market Cap $80.57B

Sector Real Estate

Industry Tower REIT

Data through 2026-09-03

SBAC

$191.31

Market Cap $19.78B

Sector Real Estate

Industry Tower REIT

Data through 2026-09-03

Key Differences

A differences-first view of the selected companies using the same data shown in the comparison tables below.

6M Performance

SBAC has the stronger six-month price performance (-2.2% vs -5.4% for AMT).

Revenue Growth

AMT currently shows the faster revenue growth rate (4.7% vs 2.3% for SBAC).

Operating Margin

SBAC currently shows the higher operating margin (52.2% vs 45.4% for AMT).

Forward P / E

SBAC currently trades at the lower forward earnings multiple (22.7x vs 24.7x for AMT).

Performance

Absolute returns and relative performance versus SPY.

Metric	AMT	SBAC
1 Month	+5.6%	+7.2%
1 Month vs SPY	+5.3%	+6.9%
3 Months	-8.4%	-8.0%
3 Months vs SPY	-10.5%	-10.0%
6 Months	-5.4%	-2.2%
6 Months vs SPY	-18.8%	-15.7%
1 Year	-9.5%	-4.0%
1 Year vs SPY	-29.6%	-24.1%
2 Years	-20.6%	-15.6%
2 Years vs SPY	-59.0%	-53.9%

Growth & Profitability

Operating growth, margins and capital efficiency.

Metric	AMT	SBAC
Revenue Growth	4.7%	2.3%
Earnings Growth	138.5%	-10.5%
Gross Margin	73.8% · Context	74.2% · Context
Operating Margin	45.4% · Context	52.2% · Context
Net Margin	31.1% · Context	34.5% · Context
Return on Equity	33.9%	—
Return on Assets	4.9%	8.4%

Valuation

Common valuation multiples shown side by side.

Metric	AMT	SBAC
P / E	N/A	N/A
Forward P / E	N/A	N/A
P / S	7.5 · Context	7.0 · Context
P / B	22.0 · Context	-4.3 · Context
EV / Sales	12.0 · Context	12.2 · Context
EV / EBIT	N/A	N/A
P / FCF	N/A	N/A
FCF Yield	N/A	N/A

Cash Flow & Balance Sheet

Cash generation and leverage context.

Metric	AMT	SBAC
Free Cash Flow	$2.92B · Context	$752.06M · Context
Operating Cash Flow	$5.77B · Context	$1.28B · Context
Debt / Equity	438.7%	—

Earnings Outlook

Upcoming earnings expectations when available.

Metric	AMT	SBAC
Next Earnings	2026-10-27	2026-11-02
EPS Estimate	1.64	2.09
Revenue Estimate	2.76B	724.97M
EPS Growth	-10.1%	-5.0%
Revenue Growth	+1.5%	-1.0%
Analyst Coverage	7	9