Extra Space Storage Inc. (EXR) vs SBA Communications Corporation (SBAC)
SBAC leads on 9 of 14 compared metrics.
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 June 21, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
EXR
Extra Space Storage Inc.
$145.33Real Estate
SBAC
SBA Communications Corporation
$186.87Real Estate
Total return — EXR vs SBAC
growth of $100 · last 22yEXR +1062.6%SBAC +3578.5%SBAC compounded faster
EXR SBAC
EXR vs SBAC: by the numbers
- •EXR is the larger company ($30.70B vs $19.82B market cap).
- •SBAC trades at the lower earnings multiple (19.65 vs 33.03 P/E).
- •SBAC converts more revenue to profit (35.66% vs 27.82% net margin).
- •EXR grew revenue faster over the past five years (19.26% vs 6.18% CAGR).
- •EXR pays the higher dividend yield (4.46% vs 2.53%).
Which is better, EXR or SBAC?
Metric tally: EXR 5 · SBAC 9It depends on what you're optimizing for:
ValueSBAC(lower P/E)
GrowthEXR(faster 5Y revenue CAGR)
IncomeEXR(higher dividend yield)
QualitySBAC(higher ROIC)
Metrics side by side
Valuation
| Metric | EXR | SBAC |
|---|---|---|
| P/E ratio | 33.03 | 19.65● |
| Forward P/E | 29.93 | 22.26● |
| P/S ratio | 9.44 | 6.95● |
| P/B ratio | 2.40 | — |
| PEG ratio | 2.04 | 0.48● |
| EV / EBITDA | 14.11● | 16.59 |
Profitability
| Metric | EXR | SBAC |
|---|---|---|
| Gross margin | 27.87% | 63.62%● |
| Operating margin | 43.25% | 47.63%● |
| Net margin | 27.82% | 35.66%● |
| ROE | 7.08%● | -21.71% |
| ROIC | 4.89% | 10.05%● |
Dividends
| Metric | EXR | SBAC |
|---|---|---|
| Dividend yield | 4.46%● | 2.53% |
| Payout ratio | 141.18% | 48.02% |
Growth (annualized)
| Metric | EXR | SBAC |
|---|---|---|
| Revenue CAGR (5Y) | 19.26%● | 6.18% |
| EPS CAGR (5Y) | 4.35% | 113.83%● |
| Total return CAGR (5Y) | 2.16%● | -8.68% |
Frequently asked
- Which is better, EXR or SBAC?
- It depends on your goal. value: SBAC (lower P/E); growth: EXR (faster 5Y revenue CAGR); income: EXR (higher dividend yield); quality: SBAC (higher ROIC). Across all compared metrics, SBAC leads 9 to 5.
- Is EXR or SBAC cheaper?
- On trailing earnings, SBAC is cheaper: EXR trades at a 33.03 P/E and SBAC at 19.65.
- Which has grown faster, EXR or SBAC?
- Over the past five years, EXR grew revenue faster — EXR at a 19.26% CAGR versus SBAC at 6.18%.
- Does EXR or SBAC pay a bigger dividend?
- EXR yields 4.46% and SBAC yields 2.53% based on trailing dividends and the latest price.
- Is EXR or SBAC more profitable?
- SBAC runs the higher net margin — EXR at 27.82% versus SBAC at 35.66%.
- Which has been the better investment, EXR or SBAC?
- Over the past 10-year, EXR delivered the higher annualized total return — EXR at 9.30% versus SBAC at 7.47%. 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 June 21, 2026.