CCI vs. AMT
CCI (Crown Castle Inc.) and AMT (American Tower Corporation) are both stocks. Both operate in the REIT - Specialty industry within the Real Estate sector. Over the past 10 years, CCI returned 2.74%/yr vs 7.71%/yr for AMT. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
CCI vs. AMT - Performance Comparison
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Returns By Period
In the year-to-date period, CCI achieves a -4.20% return, which is significantly lower than AMT's 2.46% return. Over the past 10 years, CCI has underperformed AMT with an annualized return of 2.74%, while AMT has yielded a comparatively higher 7.71% annualized return.
CCI
- 1D
- 1.30%
- 1M
- -8.06%
- YTD
- -4.20%
- 6M
- -1.49%
- 1Y
- -13.04%
- 3Y*
- -3.66%
- 5Y*
- -11.62%
- 10Y*
- 2.74%
AMT
- 1D
- 0.22%
- 1M
- -3.12%
- YTD
- 2.46%
- 6M
- 5.28%
- 1Y
- -15.74%
- 3Y*
- 1.76%
- 5Y*
- -4.83%
- 10Y*
- 7.71%
CCI vs. AMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CCI Crown Castle Inc. | -4.20% | 2.96% | -16.39% | -10.24% | -32.57% | 35.08% | 15.49% | 35.45% | 1.75% | 32.97% |
AMT American Tower Corporation | 2.46% | -0.92% | -12.16% | 5.37% | -25.67% | 32.89% | -0.48% | 47.87% | 13.32% | 37.71% |
Correlation
The correlation between CCI and AMT is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 1998 | 0.62 |
Over the past year, CCI and AMT have become more correlated (0.85) than their long-term average of 0.62, meaning their price movements have been converging.
Fundamentals
CCI:
$36.32B
AMT:
$82.36B
CCI:
$2.42
AMT:
$6.14
CCI:
34.30
AMT:
28.71
CCI:
8.62
AMT:
7.64
CCI:
$4.21B
AMT:
$10.82B
CCI:
$2.03B
AMT:
$7.94B
CCI:
$2.15B
AMT:
$6.71B
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Return for Risk
CCI vs. AMT — Risk / Return Rank
CCI
AMT
CCI vs. AMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Crown Castle Inc. (CCI) and American Tower Corporation (AMT). 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.
| CCI | AMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.91 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | -0.59 | +0.16 |
| Martin ratioReturn relative to average drawdown | -0.72 | -0.85 | +0.12 |
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Drawdowns
CCI vs. AMT - Drawdown Comparison
The maximum CCI drawdown since its inception was -97.52%, roughly equal to the maximum AMT drawdown of -98.70%. Use the drawdown chart below to compare losses from any high point for CCI and AMT.
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Drawdown Indicators
| CCI | AMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.52% | -98.70% | +1.18% |
Max Drawdown (1Y)Largest decline over 1 year | -30.01% | -26.67% | -3.34% |
Max Drawdown (3Y)Largest decline over 3 years | -30.77% | -27.54% | -3.23% |
Max Drawdown (5Y)Largest decline over 5 years | -55.48% | -45.34% | -10.14% |
Max Drawdown (10Y)Largest decline over 10 years | -55.48% | -45.34% | -10.14% |
Current DrawdownCurrent decline from peak | -50.09% | -32.06% | -18.03% |
Average DrawdownAverage peak-to-trough decline | -25.94% | -27.02% | +1.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.06% | 18.60% | -0.54% |
Volatility
CCI vs. AMT - Volatility Comparison
Crown Castle Inc. (CCI) has a higher volatility of 9.29% compared to American Tower Corporation (AMT) at 8.42%. This indicates that CCI's price experiences larger fluctuations and is considered to be riskier than AMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CCI | AMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.29% | 8.42% | +0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 23.26% | 19.69% | +3.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.62% | 24.43% | +3.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.74% | 26.43% | +0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.06% | 26.23% | -0.17% |
Dividends
CCI vs. AMT - Dividend Comparison
CCI's dividend yield for the trailing twelve months is around 5.11%, more than AMT's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMT American Tower Corporation | 3.96% | 3.87% | 3.53% | 2.99% | 2.77% | 1.78% | 2.02% | 1.64% | 1.99% | 1.84% | 2.05% | 1.87% |
CCI Crown Castle Inc. | 5.11% | 5.35% | 6.90% | 5.43% | 4.41% | 2.62% | 3.10% | 3.22% | 3.94% | 3.51% | 4.15% | 3.87% |
Financials
CCI vs. AMT - Financials Comparison
This section allows you to compare key financial metrics between Crown Castle Inc. and American Tower 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.
Total Revenue: Total amount of money received from sales and other business activities
CCI vs. AMT - Profitability Comparison
CCI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Crown Castle Inc. reported a gross profit of 0.00 and revenue of 1.01B. Therefore, the gross margin over that period was 0.0%.
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%.
CCI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Crown Castle Inc. reported an operating income of 465.00M and revenue of 1.01B, resulting in an operating margin of 46.0%.
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%.
CCI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Crown Castle Inc. reported a net income of 151.00M and revenue of 1.01B, resulting in a net margin of 15.0%.
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%.
Frequently Asked Questions
CCI and AMT have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CCI has higher volatility (9.29%) compared to AMT (8.42%). In terms of maximum drawdown, CCI dropped -97.52% vs AMT's -98.70%.
CCI currently has the higher Sharpe Ratio (-0.47 vs -0.65), 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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