Digital Realty Trust, Inc. (DLR) vs Extra Space Storage Inc. (EXR)
EXR leads on 10 of 14 compared metrics.
A side-by-side comparison of Digital Realty Trust, Inc. and Extra Space Storage Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
DLR
Digital Realty Trust, Inc.
$176.25Real EstateDelayed quote: Jul 20, 2026, 4:00 PM EDT
EXR
Extra Space Storage Inc.
$147.28Real EstateDelayed quote: Jul 20, 2026, 4:00 PM EDT
Total return — DLR vs EXR
growth of $100 · dividends reinvested · last 22yDLR +3358.8%EXR +2490.5%DLR compounded faster
DLR EXR
DLR vs EXR: by the numbers
- •DLR is the larger company ($63.04B vs $31.11B market cap).
- •EXR trades at the lower earnings multiple (33.47 vs 46.38 P/E).
- •EXR converts more revenue to profit (27.82% vs 21.47% net margin).
- •EXR grew revenue faster over the past five years (19.26% vs 9.00% CAGR).
- •EXR pays the higher dividend yield (4.40% vs 2.77%).
Which is better, DLR or EXR?
Metric tally: DLR 4 · EXR 10It depends on what you're optimizing for:
ValueEXR(lower P/E)
GrowthEXR(faster 5Y revenue CAGR)
IncomeEXR(higher dividend yield)
QualityEXR(higher ROIC)
Metrics side by side
Valuation
| Metric | DLR | EXR |
|---|---|---|
| P/E ratio | 46.38 | 33.47● |
| Forward P/E | 84.31 | 31.91● |
| P/S ratio | 9.70 | 9.56 |
| P/B ratio | 2.66 | 2.43● |
| PEG ratio | 0.36● | 2.04 |
| EV / EBITDA | 27.36 | 21.13● |
Profitability
| Metric | DLR | EXR |
|---|---|---|
| Gross margin | 55.39%● | 27.87% |
| Operating margin | 14.61% | 43.25%● |
| Net margin | 21.47% | 27.82%● |
| ROE | 5.90% | 7.08%● |
| ROIC | 2.29% | 5.18%● |
Dividends
| Metric | DLR | EXR |
|---|---|---|
| Dividend yield | 2.77% | 4.40%● |
| Payout ratio | 130.83% | 141.18% |
Growth (annualized)
| Metric | DLR | EXR |
|---|---|---|
| Revenue CAGR (5Y) | 9.00% | 19.26%● |
| EPS CAGR (5Y) | 29.87%● | 4.35% |
| Total return CAGR (5Y) | 5.90%● | 0.91% |
Frequently asked
- Which is better, DLR or EXR?
- It depends on your goal. value: EXR (lower P/E); growth: EXR (faster 5Y revenue CAGR); income: EXR (higher dividend yield); quality: EXR (higher ROIC). Across all compared metrics, EXR leads 10 to 4.
- Is DLR or EXR cheaper?
- On trailing earnings, EXR is cheaper: DLR trades at a 46.38 P/E and EXR at 33.47.
- Which has grown faster, DLR or EXR?
- Over the past five years, EXR grew revenue faster — DLR at a 9.00% CAGR versus EXR at 19.26%.
- Does DLR or EXR pay a bigger dividend?
- DLR yields 2.77% and EXR yields 4.40% based on trailing dividends and the latest price.
- Is DLR or EXR more profitable?
- EXR runs the higher net margin — DLR at 21.47% versus EXR at 27.82%.
- Which has been the better investment, DLR or EXR?
- Over the past 10-year, DLR delivered the higher annualized total return — DLR at 9.01% versus EXR at 8.69%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Digital Realty Trust P/E ratioExtra Space Storage P/E ratioDigital Realty Trust dividend yieldExtra Space Storage dividend yieldDigital Realty Trust ROEExtra Space Storage ROEDigital Realty Trust operating marginExtra Space Storage operating marginDigital Realty Trust revenue growthExtra Space Storage revenue growthDigital Realty Trust free cash flowExtra Space Storage free cash flow
Digital Realty Trust & Extra Space Storage appear in these rankings
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 July 20, 2026.