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AMT vs. SBAC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between AMT and SBAC is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

AMT vs. SBAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Tower Corporation (AMT) and SBA Communications Corporation (SBAC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

AMT:

0.47

SBAC:

0.63

Sortino Ratio

AMT:

1.05

SBAC:

1.22

Omega Ratio

AMT:

1.14

SBAC:

1.15

Calmar Ratio

AMT:

0.49

SBAC:

0.38

Martin Ratio

AMT:

1.43

SBAC:

1.89

Ulcer Index

AMT:

12.55%

SBAC:

10.25%

Daily Std Dev

AMT:

27.80%

SBAC:

27.16%

Max Drawdown

AMT:

-98.70%

SBAC:

-99.65%

Current Drawdown

AMT:

-21.50%

SBAC:

-37.19%

Fundamentals

Market Cap

AMT:

$99.89B

SBAC:

$24.61B

EPS

AMT:

$6.18

SBAC:

$7.55

PE Ratio

AMT:

34.53

SBAC:

30.34

PEG Ratio

AMT:

52.58

SBAC:

1.68

PS Ratio

AMT:

9.82

SBAC:

9.16

PB Ratio

AMT:

28.03

SBAC:

0.00

Total Revenue (TTM)

AMT:

$10.53B

SBAC:

$2.69B

Gross Profit (TTM)

AMT:

$7.21B

SBAC:

$2.02B

EBITDA (TTM)

AMT:

$7.45B

SBAC:

$1.68B

Returns By Period

In the year-to-date period, AMT achieves a 17.30% return, which is significantly higher than SBAC's 14.96% return. Over the past 10 years, AMT has outperformed SBAC with an annualized return of 10.97%, while SBAC has yielded a comparatively lower 7.90% annualized return.


AMT

YTD

17.30%

1M

-2.12%

6M

10.48%

1Y

13.08%

5Y*

1.25%

10Y*

10.97%

SBAC

YTD

14.96%

1M

3.28%

6M

5.97%

1Y

17.10%

5Y*

-2.74%

10Y*

7.90%

*Annualized

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Risk-Adjusted Performance

AMT vs. SBAC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMT
The Risk-Adjusted Performance Rank of AMT is 6868
Overall Rank
The Sharpe Ratio Rank of AMT is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of AMT is 6666
Sortino Ratio Rank
The Omega Ratio Rank of AMT is 6666
Omega Ratio Rank
The Calmar Ratio Rank of AMT is 7272
Calmar Ratio Rank
The Martin Ratio Rank of AMT is 6868
Martin Ratio Rank

SBAC
The Risk-Adjusted Performance Rank of SBAC is 7171
Overall Rank
The Sharpe Ratio Rank of SBAC is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of SBAC is 7171
Sortino Ratio Rank
The Omega Ratio Rank of SBAC is 6868
Omega Ratio Rank
The Calmar Ratio Rank of SBAC is 6868
Calmar Ratio Rank
The Martin Ratio Rank of SBAC is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AMT vs. SBAC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Tower Corporation (AMT) and SBA Communications Corporation (SBAC). 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.


The current AMT Sharpe Ratio is 0.47, which is comparable to the SBAC Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of AMT and SBAC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

AMT vs. SBAC - Dividend Comparison

AMT's dividend yield for the trailing twelve months is around 3.07%, more than SBAC's 1.74% yield.


TTM20242023202220212020201920182017201620152014
AMT
American Tower Corporation
3.07%3.53%2.99%2.77%1.78%2.02%1.64%1.99%1.84%2.05%1.87%1.42%
SBAC
SBA Communications Corporation
1.74%1.92%1.34%1.01%0.60%0.66%0.31%0.00%0.00%0.00%0.00%0.00%

Drawdowns

AMT vs. SBAC - Drawdown Comparison

The maximum AMT drawdown since its inception was -98.70%, roughly equal to the maximum SBAC drawdown of -99.65%. Use the drawdown chart below to compare losses from any high point for AMT and SBAC. For additional features, visit the drawdowns tool.


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Volatility

AMT vs. SBAC - Volatility Comparison

American Tower Corporation (AMT) and SBA Communications Corporation (SBAC) have volatilities of 10.49% and 10.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

AMT vs. SBAC - Financials Comparison

This section allows you to compare key financial metrics between American Tower Corporation and SBA Communications Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


500.00M1.00B1.50B2.00B2.50B3.00B20212022202320242025
2.56B
664.25M
(AMT) Total Revenue
(SBAC) Total Revenue
Values in USD except per share items

AMT vs. SBAC - Profitability Comparison

The chart below illustrates the profitability comparison between American Tower Corporation and SBA Communications Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%30.0%40.0%50.0%60.0%70.0%80.0%20212022202320242025
75.2%
76.9%
(AMT) Gross Margin
(SBAC) Gross Margin
AMT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, American Tower Corporation reported a gross profit of 1.93B and revenue of 2.56B. Therefore, the gross margin over that period was 75.2%.

SBAC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, SBA Communications Corporation reported a gross profit of 510.58M and revenue of 664.25M. Therefore, the gross margin over that period was 76.9%.

AMT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, American Tower Corporation reported an operating income of 1.25B and revenue of 2.56B, resulting in an operating margin of 48.9%.

SBAC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, SBA Communications Corporation reported an operating income of 334.91M and revenue of 664.25M, resulting in an operating margin of 50.4%.

AMT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, American Tower Corporation reported a net income of 488.70M and revenue of 2.56B, resulting in a net margin of 19.1%.

SBAC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, SBA Communications Corporation reported a net income of 191.78M and revenue of 664.25M, resulting in a net margin of 28.9%.