American Tower vs Equinix
Equinix is larger by market cap ($101.9B vs $79.0B). American Tower reports higher tracked revenue ($10.6B vs $9.2B). American Tower's primary segment is Data Center Operators (Colo); Equinix's is Data Center REITs.
Shared segment: AI & Data Center.
Side-by-side
| American Tower | Equinix | |
|---|---|---|
| Market cap | $79.0B | $101.9B |
| Revenue | $10.6B (FY2025) | $9.2B (FY2025) |
| Primary segment | Data Center Operators (Colo) | Data Center REITs |
| Market position | major | leader |
| Country | United States | United States |
| Tracked suppliers | 4 | 12 |
| Tracked customers | 5 | 7 |
| Chokepoint / criticality | 8/100 | 81/100 |
Market caps/revenue from the wafergraph dataset · data as of 2026-08-12. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.
How American Tower and Equinix compare
- Size: Equinix is the larger company by market cap.
- Revenue: American Tower reports higher tracked revenue.
- Supply-chain criticality: Equinix has the higher chokepoint score (81/100 vs 8/100).
- Footprint: American Tower (United States) vs Equinix (United States).