Digital Realty Trust, Inc. (DLR) vs Public Storage (PSA)
PSA leads on 11 of 16 compared metrics.
A side-by-side comparison of Digital Realty Trust, Inc. and Public Storage across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Not enough overlapping price history to compare DLR and PSA.
DLR vs PSA: by the numbers
- •DLR is the larger company ($64.73B vs $57.22B market cap).
- •PSA trades at the lower earnings multiple (33.64 vs 48.47 P/E).
- •PSA converts more revenue to profit (39.16% vs 21.47% net margin).
- •PSA grew revenue faster over the past five years (10.32% vs 9.00% CAGR).
- •PSA pays the higher dividend yield (2.76% vs 1.99%).
Which is better, DLR or PSA?
Metric tally: DLR 5 · PSA 11It depends on what you're optimizing for:
ValuePSA(lower P/E)
GrowthPSA(faster 5Y revenue CAGR)
IncomePSA(higher dividend yield)
QualityPSA(higher ROIC)
Valuation
| Metric | DLR | PSA |
|---|---|---|
| P/E ratio | 48.47 | 33.64● |
| Forward P/E | 81.80 | 32.82● |
| P/S ratio | 10.14● | 11.80 |
| P/B ratio | 2.78● | 6.22 |
| PEG ratio | 0.36● | 4.47 |
| EV / EBITDA | 20.84 | 20.76 |
| FCF yield | 1.77% | 5.34%● |
Profitability
| Metric | DLR | PSA |
|---|---|---|
| Gross margin | 25.12% | 60.63%● |
| Operating margin | 14.61% | 50.85%● |
| Net margin | 21.47% | 39.16%● |
| ROE | 5.90% | 20.63%● |
| ROIC | 1.30% | 11.50%● |
Dividends
| Metric | DLR | PSA |
|---|---|---|
| Dividend yield | 1.99% | 2.76%● |
| Payout ratio | 98.12% | 99.56% |
Growth (annualized)
| Metric | DLR | PSA |
|---|---|---|
| Revenue CAGR (5Y) | 9.00% | 10.32%● |
| EPS CAGR (5Y) | 29.87%● | 7.52% |
| FCF CAGR (5Y) | -2.35% | 9.58%● |
| Total return CAGR (5Y) | 6.16%● | 5.63% |
Frequently asked
- Which is better, DLR or PSA?
- It depends on your goal. value: PSA (lower P/E); growth: PSA (faster 5Y revenue CAGR); income: PSA (higher dividend yield); quality: PSA (higher ROIC). Across all compared metrics, PSA leads 11 to 5.
- Is DLR or PSA cheaper?
- On trailing earnings, PSA is cheaper: DLR trades at a 48.47 P/E and PSA at 33.64.
- Which has grown faster, DLR or PSA?
- Over the past five years, PSA grew revenue faster — DLR at a 9.00% CAGR versus PSA at 10.32%.
- Does DLR or PSA pay a bigger dividend?
- DLR yields 1.99% and PSA yields 2.76% based on trailing dividends and the latest price.
- Is DLR or PSA more profitable?
- PSA runs the higher net margin — DLR at 21.47% versus PSA at 39.16%.
- Which has been the better investment, DLR or PSA?
- Over the past 10-year, DLR delivered the higher annualized total return — DLR at 9.78% versus PSA at 6.79%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Digital Realty Trust P/E ratioPublic Storage P/E ratioDigital Realty Trust dividend yieldPublic Storage dividend yieldDigital Realty Trust ROEPublic Storage ROEDigital Realty Trust operating marginPublic Storage operating marginDigital Realty Trust revenue growthPublic Storage revenue growthDigital Realty Trust free cash flowPublic Storage free cash flow
Digital Realty Trust & Public 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 June 13, 2026.