AMT vs. JNJ
AMT (American Tower Corporation) and JNJ (Johnson & Johnson) are both stocks. AMT operates in REIT - Specialty (Real Estate), while JNJ operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, AMT returned 8.47%/yr vs 10.46%/yr for JNJ. At a 0.25 correlation, their price movements are largely independent.
Performance
AMT vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, AMT achieves a 8.71% return, which is significantly lower than JNJ's 17.68% return. Over the past 10 years, AMT has underperformed JNJ with an annualized return of 8.47%, while JNJ has yielded a comparatively higher 10.46% annualized return.
AMT
- 1D
- -0.18%
- 1M
- 10.83%
- YTD
- 8.71%
- 6M
- 6.65%
- 1Y
- -9.49%
- 3Y*
- 3.15%
- 5Y*
- -3.91%
- 10Y*
- 8.47%
JNJ
- 1D
- 1.07%
- 1M
- 4.96%
- YTD
- 17.68%
- 6M
- 15.11%
- 1Y
- 57.15%
- 3Y*
- 17.82%
- 5Y*
- 10.94%
- 10Y*
- 10.46%
AMT vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMT American Tower Corporation | 8.71% | -0.92% | -12.16% | 5.37% | -25.67% | 32.89% | -0.48% | 47.87% | 13.32% | 37.71% |
JNJ Johnson & Johnson | 17.68% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between AMT and JNJ is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 1998 | 0.25 |
The correlation between AMT and JNJ shifts across timeframes, from 0.24 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AMT:
$87.38B
JNJ:
$588.98B
AMT:
$6.14
JNJ:
$8.65
AMT:
30.46
JNJ:
27.85
AMT:
8.69
JNJ:
0.93
AMT:
8.10
JNJ:
6.08
AMT:
23.92
JNJ:
7.25
AMT:
$10.82B
JNJ:
$96.36B
AMT:
$7.94B
JNJ:
$66.60B
AMT:
$6.71B
JNJ:
$31.62B
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Return for Risk
AMT vs. JNJ — Risk / Return Rank
AMT
JNJ
AMT vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Tower Corporation (AMT) and Johnson & Johnson (JNJ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMT | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.84 | ||
| Sortino ratioReturn per unit of downside risk | -5.38 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.61 | -0.66 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 5.28 | -5.66 |
| Martin ratioReturn relative to average drawdown | -0.54 | 15.52 | -16.07 |
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Drawdowns
AMT vs. JNJ - Drawdown Comparison
The maximum AMT drawdown since its inception was -98.70%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for AMT and JNJ.
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Drawdown Indicators
| AMT | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.70% | -50.67% | -48.03% |
Max Drawdown (1Y)Largest decline over 1 year | -26.67% | -10.96% | -15.71% |
Max Drawdown (3Y)Largest decline over 3 years | -27.54% | -15.95% | -11.59% |
Max Drawdown (5Y)Largest decline over 5 years | -45.34% | -18.41% | -26.93% |
Max Drawdown (10Y)Largest decline over 10 years | -45.34% | -27.37% | -17.97% |
Current DrawdownCurrent decline from peak | -27.92% | -2.54% | -25.38% |
Average DrawdownAverage peak-to-trough decline | -27.02% | -11.90% | -15.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.40% | 3.72% | +14.68% |
Volatility
AMT vs. JNJ - Volatility Comparison
American Tower Corporation (AMT) has a higher volatility of 9.22% compared to Johnson & Johnson (JNJ) at 5.47%. This indicates that AMT's price experiences larger fluctuations and is considered to be riskier than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMT | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.22% | 5.47% | +3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 19.39% | 12.16% | +7.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.22% | 16.94% | +7.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.39% | 16.87% | +9.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.21% | 18.48% | +7.73% |
Dividends
AMT vs. JNJ - Dividend Comparison
AMT's dividend yield for the trailing twelve months is around 4.64%, more than JNJ's 2.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMT American Tower Corporation | 3.73% | 3.87% | 3.53% | 2.99% | 2.77% | 1.78% | 2.02% | 1.64% | 1.99% | 1.84% | 2.05% | 1.87% |
JNJ Johnson & Johnson | 2.18% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Financials
AMT vs. JNJ - Financials Comparison
This section allows you to compare key financial metrics between American Tower Corporation and Johnson & Johnson. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AMT vs. JNJ - Profitability Comparison
AMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Tower Corporation reported a gross profit of 2.02B and revenue of 2.74B. Therefore, the gross margin over that period was 73.9%.
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.
AMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Tower Corporation reported an operating income of 1.16B and revenue of 2.74B, resulting in an operating margin of 42.4%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.
AMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Tower Corporation reported a net income of 836.80M and revenue of 2.74B, resulting in a net margin of 30.6%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.
Frequently Asked Questions
AMT and JNJ have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMT has higher volatility (9.22%) compared to JNJ (5.47%). In terms of maximum drawdown, AMT dropped -98.70% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.42 vs -0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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