EXR vs PSA
Extra Space Storage and Public Storage, both Real Estate
Public Storage is the larger company at $56B against $32B. On trailing earnings PSA is the cheaper of the two at a P/E of 27.7 against 29.7, a gap that is only a bargain if the two are growing at similar rates. Over the past year PSA returned +5.3% against -2.3% for EXR.
| Figure | EXR | PSA |
|---|---|---|
| Last close | $135 | $290 |
| Market cap | $32B | $56B |
| Trailing P/Elower is cheaper for the same earnings, not automatically better | 29.7 | 27.7 |
| Dividend yield | 4.9% | 4.2% |
| 1-year return | -2.3% | +5.3% |
| 5-year return | -12% | +12% |
Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.
Extra Space Storage
Revenue of $874M in Q2 2026, net income $263M. Its largest reported line is Self Storage Operations, 89% of the disclosed total.
Public Storage
Revenue of $1.2B in Q2 2026, net income $500M. Its largest reported line is Self Storage Operations, 92% of the disclosed total.
Open these two in the interactive comparison to add more names, change the period or see the correlation.