Equity Residential (EQR) vs Extra Space Storage Inc. (EXR)
EQR leads on 8 of 15 compared metrics.
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 June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — EQR vs EXR
growth of $100 · last 22yEQR +116.8%EXR +1082.1%EXR compounded faster
Log scale — wide-divergence pair
EQR EXR
EQR vs EXR: by the numbers
- •EXR is the larger company ($31.22B vs $24.62B market cap).
- •EQR trades at the lower earnings multiple (26.49 vs 33.58 P/E).
- •EQR converts more revenue to profit (30.56% vs 27.82% net margin).
- •EXR grew revenue faster over the past five years (19.26% vs 4.64% CAGR).
- •EXR pays the higher dividend yield (4.39% vs 3.18%).
Which is better, EQR or EXR?
Metric tally: EQR 8 · EXR 7It depends on what you're optimizing for:
ValueEQR(lower P/E)
GrowthEXR(faster 5Y revenue CAGR)
IncomeEXR(higher dividend yield)
QualityEQR(higher ROIC)
Metrics side by side
Valuation
| Metric | EQR | EXR |
|---|---|---|
| P/E ratio | 26.49● | 33.58 |
| Forward P/E | 42.27 | 30.43● |
| P/S ratio | 8.11● | 9.59 |
| P/B ratio | 2.37● | 2.44 |
| PEG ratio | 2.41 | 2.04● |
| EV / EBITDA | 14.68 | 14.27● |
Profitability
| Metric | EQR | EXR |
|---|---|---|
| Gross margin | 46.32%● | 27.87% |
| Operating margin | 28.50% | 43.25%● |
| Net margin | 30.56%● | 27.82% |
| ROE | 8.94%● | 7.08% |
| ROIC | 219.27%● | 4.89% |
Dividends
| Metric | EQR | EXR |
|---|---|---|
| Dividend yield | 3.18% | 4.39%● |
| Payout ratio | 70.29% | 141.18% |
Growth (annualized)
| Metric | EQR | EXR |
|---|---|---|
| Revenue CAGR (5Y) | 4.64% | 19.26%● |
| EPS CAGR (5Y) | 4.71%● | 4.35% |
| Total return CAGR (5Y) | 0.18% | 1.82%● |
Frequently asked
- Which is better, EQR or EXR?
- It depends on your goal. value: EQR (lower P/E); growth: EXR (faster 5Y revenue CAGR); income: EXR (higher dividend yield); quality: EQR (higher ROIC). Across all compared metrics, EQR leads 8 to 7.
- Is EQR or EXR cheaper?
- On trailing earnings, EQR is cheaper: EQR trades at a 26.49 P/E and EXR at 33.58.
- Which has grown faster, EQR or EXR?
- Over the past five years, EXR grew revenue faster — EQR at a 4.64% CAGR versus EXR at 19.26%.
- Does EQR or EXR pay a bigger dividend?
- EQR yields 3.18% and EXR yields 4.39% based on trailing dividends and the latest price.
- Is EQR or EXR more profitable?
- EQR runs the higher net margin — EQR at 30.56% versus EXR at 27.82%.
- Which has been the better investment, EQR or EXR?
- Over the past 10-year, EXR delivered the higher annualized total return — EQR at 3.46% versus EXR at 9.50%. 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 June 24, 2026.