Equity Residential (EQR) vs Extra Space Storage Inc. (EXR)
A side-by-side comparison of Equity Residential and Extra Space Storage Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.
EQR
Equity Residential
$67.07Real EstateAt close: Aug 7, 2026, 4:00 PM ET
EXR
Extra Space Storage Inc.
$149.54Real EstateAt close: Aug 7, 2026, 4:00 PM ET
Total return — EQR vs EXR
growth of $100 · dividends reinvested · last 22yEQR +465.9%EXR +2852.8%EXR compounded faster
Log scale — wide-divergence pair
EQR EXR
EQR vs EXR: by the numbers
- •EXR is the larger company ($31.59B vs $25.15B market cap).
- •EQR trades at the lower trailing earnings multiple (29.42 vs 33.45 P/E), one valuation lens rather than an overall verdict.
- •EXR grew revenue faster over the past five years (18.58% vs 5.22% CAGR).
- •EXR pays the higher dividend yield (4.33% vs 4.16%).
Metrics side by side
Valuation
| Metric | EQR | EXR |
|---|---|---|
| P/E ratio | 29.42 | 33.45 |
| Forward P/E | 46.09 | 32.44 |
| P/S ratio | 8.21 | 9.62 |
| P/B ratio | 2.45 | 2.49 |
| PEG ratio | 2.41 | 2.04 |
| EV / EBITDA | 18.15 | 21.07 |
| FCF yield | 4.57% | 5.35% |
Profitability
| Metric | EQR | EXR |
|---|---|---|
| Gross margin | 45.96% | 23.00% |
| Operating margin | 36.33% | 43.37% |
| Net margin | 27.91% | 27.96% |
| ROE | 8.32% | 7.22% |
| ROIC | 4.61% | 5.51% |
Dividends
| Metric | EQR | EXR |
|---|---|---|
| Dividend yield | 4.16% | 4.33% |
| Payout ratio | 93.94% | 141.18% |
Growth (annualized)
| Metric | EQR | EXR |
|---|---|---|
| Revenue CAGR (5Y) | 5.22% | 18.58% |
| EPS CAGR (5Y) | 4.71% | 4.35% |
| FCF CAGR (5Y) | 2.37% | 16.09% |
| Total return CAGR (5Y) | -0.73% | 0.65% |
Frequently asked
- Which has the lower trailing P/E, EQR or EXR?
- EQR has the lower trailing P/E: EQR trades at 29.42 and EXR at 33.45. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EQR or EXR?
- Over the past five years, EXR grew revenue faster — EQR at a 5.22% CAGR versus EXR at 18.58%.
- Does EQR or EXR pay a bigger dividend?
- EQR yields 4.16% and EXR yields 4.33% based on trailing dividends and the latest price.
- How have EQR and EXR total returns compared?
- Over the past 10 years, EQR delivered 3.60% and EXR delivered 10.14% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Equity Residential P/E ratioExtra Space Storage P/E ratioEquity Residential dividend yieldExtra Space Storage dividend yieldEquity Residential ROEExtra Space Storage ROEEquity Residential operating marginExtra Space Storage operating marginEquity Residential revenue growthExtra Space Storage revenue growthEquity Residential free cash flowExtra Space Storage free cash flow
Equity Residential & 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 August 8, 2026.