Is AVB or PSA cheaper?

On trailing earnings, AVB is cheaper: AVB trades at a 23.26 P/E and PSA at 33.64.

Which has grown faster, AVB or PSA?

Over the past five years, PSA grew revenue faster — AVB at a 6.36% CAGR versus PSA at 10.32%.

Does AVB or PSA pay a bigger dividend?

AVB yields 3.76% and PSA yields 2.76% based on trailing dividends and the latest price.

Is AVB or PSA more profitable?

PSA runs the higher net margin — AVB at 37.27% versus PSA at 39.16%.

Which has been the better investment, AVB or PSA?

Over the past 10-year, PSA delivered the higher annualized total return — AVB at 4.41% versus PSA at 6.79%. Past performance doesn't predict future results.

AvalonBay Communities, Inc. (AVB) vs Public Storage (PSA)

PSA leads on 9 of 15 compared metrics, though AVB is the cheaper stock.

A side-by-side comparison of AvalonBay Communities, Inc. and Public Storage across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

AVB

AvalonBay Communities, Inc.

Total return — AVB vs PSA

growth of $100 · last 30y

AVB +633.5%PSA +1509.6%PSA compounded faster

AVB PSA

AVB vs PSA: by the numbers

•PSA is the larger company ($57.22B vs $26.53B market cap).
•AVB trades at the lower earnings multiple (23.26 vs 33.64 P/E).
•PSA converts more revenue to profit (39.16% vs 37.27% net margin).
•PSA grew revenue faster over the past five years (10.32% vs 6.36% CAGR).
•AVB pays the higher dividend yield (3.76% vs 2.76%).

Which is better, AVB or PSA?

Metric tally: AVB 6 · PSA 9

It depends on what you're optimizing for:

ValueAVB(lower P/E)

GrowthPSA(faster 5Y revenue CAGR)

IncomeAVB(higher dividend yield)

QualityPSA(higher ROIC)

Valuation

Metric	AVB	PSA
P/E ratio	23.26●	33.64
Forward P/E	34.15	33.01●
P/S ratio	8.60●	11.80
P/B ratio	2.29●	6.22
PEG ratio	4.98	4.47●
EV / EBITDA	17.86●	20.76

Profitability

Metric	AVB	PSA
Gross margin	67.92%●	60.63%
Operating margin	29.15%	50.85%●
Net margin	37.27%	39.16%●
ROE	9.94%	20.63%●
ROIC	4.28%	11.50%●

Dividends

Metric	AVB	PSA
Dividend yield	3.76%●	2.76%
Payout ratio	95.00%	99.56%

Growth (annualized)

Metric	AVB	PSA
Revenue CAGR (5Y)	6.36%	10.32%●
EPS CAGR (5Y)	4.67%	7.52%●
Total return CAGR (5Y)	0.64%	5.63%●

Frequently asked

Which is better, AVB or PSA?: It depends on your goal. value: AVB (lower P/E); growth: PSA (faster 5Y revenue CAGR); income: AVB (higher dividend yield); quality: PSA (higher ROIC). Across all compared metrics, PSA leads 9 to 6.
Is AVB or PSA cheaper?: On trailing earnings, AVB is cheaper: AVB trades at a 23.26 P/E and PSA at 33.64.
Which has grown faster, AVB or PSA?: Over the past five years, PSA grew revenue faster — AVB at a 6.36% CAGR versus PSA at 10.32%.
Does AVB or PSA pay a bigger dividend?: AVB yields 3.76% and PSA yields 2.76% based on trailing dividends and the latest price.
Is AVB or PSA more profitable?: PSA runs the higher net margin — AVB at 37.27% versus PSA at 39.16%.
Which has been the better investment, AVB or PSA?: Over the past 10-year, PSA delivered the higher annualized total return — AVB at 4.41% versus PSA at 6.79%. Past performance doesn't predict future results.

Go deeper

Full AVB analysis Full PSA analysis Interactive comparison tool

Dig into the metrics

AvalonBay Communities P/E ratio Public Storage P/E ratio AvalonBay Communities dividend yield Public Storage dividend yield AvalonBay Communities ROE Public Storage ROE AvalonBay Communities operating margin Public Storage operating margin AvalonBay Communities revenue growth Public Storage revenue growth AvalonBay Communities free cash flow Public Storage free cash flow

AvalonBay Communities & Public Storage appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.