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 11

It depends on what you're optimizing for:

ValuePSA(lower P/E)
GrowthPSA(faster 5Y revenue CAGR)
IncomePSA(higher dividend yield)
QualityPSA(higher ROIC)

Valuation

MetricDLRPSA
P/E ratio48.4733.64
Forward P/E81.8032.82
P/S ratio10.1411.80
P/B ratio2.786.22
PEG ratio0.364.47
EV / EBITDA20.8420.76
FCF yield1.77%5.34%

Profitability

MetricDLRPSA
Gross margin25.12%60.63%
Operating margin14.61%50.85%
Net margin21.47%39.16%
ROE5.90%20.63%
ROIC1.30%11.50%

Dividends

MetricDLRPSA
Dividend yield1.99%2.76%
Payout ratio98.12%99.56%

Growth (annualized)

MetricDLRPSA
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.

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.