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.

Compare

Total returnEQR vs EXR

growth of $100 · dividends reinvested · last 22y
EQR +465.9%EXR +2852.8%EXR compounded faster
Log scale — wide-divergence pair
101001k10kStart $10020082012201620202024$566$2,953
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

MetricEQREXR
P/E ratio29.4233.45
Forward P/E46.0932.44
P/S ratio8.219.62
P/B ratio2.452.49
PEG ratio2.412.04
EV / EBITDA18.1521.07
FCF yield4.57%5.35%

Profitability

MetricEQREXR
Gross margin45.96%23.00%
Operating margin36.33%43.37%
Net margin27.91%27.96%
ROE8.32%7.22%
ROIC4.61%5.51%

Dividends

MetricEQREXR
Dividend yield4.16%4.33%
Payout ratio93.94%141.18%

Growth (annualized)

MetricEQREXR
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.

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.