Extra Space Storage Inc. (EXR) vs SBA Communications Corporation (SBAC)
A side-by-side comparison of Extra Space Storage Inc. and SBA Communications Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 5, 2026. Differences are shown without an overall score or investment verdict.
EXR
Extra Space Storage Inc.
$150.04Real EstateDelayed quote: Aug 5, 2026, 4:00 PM EDT
SBAC
SBA Communications Corporation
$178.40Real EstateDelayed quote: Aug 5, 2026, 4:00 PM EDT
Total return — EXR vs SBAC
growth of $100 · dividends reinvested · last 22yEXR +2859.2%SBAC +4006.1%SBAC compounded faster
EXR SBAC
EXR vs SBAC: by the numbers
- •EXR is the larger company ($31.70B vs $18.92B market cap).
- •SBAC trades at the lower trailing earnings multiple (20.23 vs 33.53 P/E), one valuation lens rather than an overall verdict.
- •SBAC converts more revenue to profit (34.43% vs 27.96% net margin).
- •EXR grew revenue faster over the past five years (18.58% vs 5.63% CAGR).
- •EXR pays the higher dividend yield (4.32% vs 2.51%).
Metrics side by side
Valuation
| Metric | EXR | SBAC |
|---|---|---|
| P/E ratio | 33.53 | 20.23 |
| Forward P/E | 32.56 | 25.28 |
| P/S ratio | 9.64 | 6.95 |
| P/B ratio | 2.49 | N/A |
| PEG ratio | 2.04 | 0.48 |
| EV / EBITDA | 14.59 | 14.44 |
| FCF yield | 5.31% | 5.27% |
Profitability
| Metric | EXR | SBAC |
|---|---|---|
| Gross margin | 28.43% | 41.61% |
| Operating margin | 43.37% | 47.96% |
| Net margin | 27.96% | 34.43% |
| ROE | 7.22% | -21.71% |
| ROIC | 11.83% | 122.53% |
Dividends
| Metric | EXR | SBAC |
|---|---|---|
| Dividend yield | 4.32% | 2.51% |
| Payout ratio | 141.18% | 48.02% |
Growth (annualized)
| Metric | EXR | SBAC |
|---|---|---|
| Revenue CAGR (5Y) | 18.58% | 5.63% |
| EPS CAGR (5Y) | 4.35% | 113.83% |
| FCF CAGR (5Y) | 17.62% | 1.35% |
| Total return CAGR (5Y) | 0.67% | -10.25% |
Frequently asked
- Which has the lower trailing P/E, EXR or SBAC?
- SBAC has the lower trailing P/E: EXR trades at 33.53 and SBAC at 20.23. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, EXR or SBAC?
- Over the past five years, EXR grew revenue faster — EXR at a 18.58% CAGR versus SBAC at 5.63%.
- Does EXR or SBAC pay a bigger dividend?
- EXR yields 4.32% and SBAC yields 2.51% based on trailing dividends and the latest price.
- Is EXR or SBAC more profitable?
- SBAC runs the higher net margin — EXR at 27.96% versus SBAC at 34.43%.
- How have EXR and SBAC total returns compared?
- Over the past 10 years, EXR delivered 10.24% and SBAC delivered 6.14% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Extra Space Storage P/E ratioSBA Communications P/E ratioExtra Space Storage dividend yieldSBA Communications dividend yieldExtra Space Storage ROESBA Communications ROEExtra Space Storage operating marginSBA Communications operating marginExtra Space Storage revenue growthSBA Communications revenue growthExtra Space Storage free cash flowSBA Communications free cash flow
Extra Space Storage & SBA Communications 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 5, 2026.