Extra Space Storage Inc. (EXR) vs Realty Income Corporation (O)
EXR leads on 9 of 14 compared metrics.
A side-by-side comparison of Extra Space Storage Inc. and Realty Income Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
EXR
Extra Space Storage Inc.
$147.28Real EstateDelayed quote: Jul 20, 2026, 4:00 PM EDT
O
Realty Income Corporation
$65.18Real EstateDelayed quote: Jul 20, 2026, 4:00 PM EDT
Total return — EXR vs O
growth of $100 · dividends reinvested · last 22yEXR +2808.2%O +922.3%EXR compounded faster
EXR O
EXR vs O: by the numbers
- •O is the larger company ($60.78B vs $31.11B market cap).
- •EXR trades at the lower earnings multiple (33.47 vs 53.86 P/E).
- •EXR converts more revenue to profit (27.82% vs 18.94% net margin).
- •O grew revenue faster over the past five years (28.65% vs 19.26% CAGR).
- •O pays the higher dividend yield (4.93% vs 4.40%).
Which is better, EXR or O?
Metric tally: EXR 9 · O 5It depends on what you're optimizing for:
ValueEXR(lower P/E)
GrowthO(faster 5Y revenue CAGR)
IncomeO(higher dividend yield)
QualityEXR(higher ROIC)
Metrics side by side
Valuation
| Metric | EXR | O |
|---|---|---|
| P/E ratio | 33.47● | 53.86 |
| Forward P/E | 31.91● | 42.50 |
| P/S ratio | 9.56● | 10.05 |
| P/B ratio | 2.43 | 1.52● |
| PEG ratio | 2.04● | 2.49 |
| EV / EBITDA | 21.13 | 21.12 |
Profitability
| Metric | EXR | O |
|---|---|---|
| Gross margin | 27.87% | 89.80%● |
| Operating margin | 43.25%● | 29.27% |
| Net margin | 27.82%● | 18.94% |
| ROE | 7.08%● | 2.86% |
| ROIC | 5.18%● | 2.45% |
Dividends
| Metric | EXR | O |
|---|---|---|
| Dividend yield | 4.40% | 4.93%● |
| Payout ratio | 141.18% | 276.84% |
Growth (annualized)
| Metric | EXR | O |
|---|---|---|
| Revenue CAGR (5Y) | 19.26% | 28.65%● |
| EPS CAGR (5Y) | 4.35%● | 0.35% |
| Total return CAGR (5Y) | 0.91% | 4.46%● |
Frequently asked
- Which is better, EXR or O?
- It depends on your goal. value: EXR (lower P/E); growth: O (faster 5Y revenue CAGR); income: O (higher dividend yield); quality: EXR (higher ROIC). Across all compared metrics, EXR leads 9 to 5.
- Is EXR or O cheaper?
- On trailing earnings, EXR is cheaper: EXR trades at a 33.47 P/E and O at 53.86.
- Which has grown faster, EXR or O?
- Over the past five years, O grew revenue faster — EXR at a 19.26% CAGR versus O at 28.65%.
- Does EXR or O pay a bigger dividend?
- EXR yields 4.40% and O yields 4.93% based on trailing dividends and the latest price.
- Is EXR or O more profitable?
- EXR runs the higher net margin — EXR at 27.82% versus O at 18.94%.
- Which has been the better investment, EXR or O?
- Over the past 10-year, EXR delivered the higher annualized total return — EXR at 8.69% versus O at 4.52%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Extra Space Storage P/E ratioRealty Income P/E ratioExtra Space Storage dividend yieldRealty Income dividend yieldExtra Space Storage ROERealty Income ROEExtra Space Storage operating marginRealty Income operating marginExtra Space Storage revenue growthRealty Income revenue growthExtra Space Storage free cash flowRealty Income free cash flow
Extra Space Storage & Realty Income 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 July 20, 2026.