Is IRM or PSA cheaper?

On trailing earnings, PSA is cheaper: IRM trades at a 145.54 P/E and PSA at 33.48.

Which has grown faster, IRM or PSA?

Over the past five years, IRM grew revenue faster — IRM at a 11.73% CAGR versus PSA at 10.32%.

Does IRM or PSA pay a bigger dividend?

IRM yields 2.61% and PSA yields 3.70% based on trailing dividends and the latest price.

Is IRM or PSA more profitable?

PSA runs the higher net margin — IRM at 3.76% versus PSA at 39.16%.

Which has been the better investment, IRM or PSA?

Over the past 10-year, IRM delivered the higher annualized total return — IRM at 19.69% versus PSA at 6.78%. Past performance doesn't predict future results.

Iron Mountain Incorporated (IRM) vs Public Storage (PSA)

PSA leads on 9 of 13 compared metrics.

A side-by-side comparison of Iron Mountain Incorporated and Public Storage across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

IRM

Iron Mountain Incorporated

Total return — IRM vs PSA

growth of $100 · last 30y

IRM +2316.8%PSA +1472.4%IRM compounded faster

IRM PSA

IRM vs PSA: by the numbers

•PSA is the larger company ($56.96B vs $39.40B market cap).
•PSA trades at the lower earnings multiple (33.48 vs 145.54 P/E).
•PSA converts more revenue to profit (39.16% vs 3.76% net margin).
•IRM grew revenue faster over the past five years (11.73% vs 10.32% CAGR).
•PSA pays the higher dividend yield (3.70% vs 2.61%).

Which is better, IRM or PSA?

Metric tally: IRM 4 · PSA 9

It depends on what you're optimizing for:

ValuePSA(lower P/E)

GrowthIRM(faster 5Y revenue CAGR)

IncomePSA(higher dividend yield)

QualityPSA(higher ROIC)

Metrics side by side

Valuation

Metric	IRM	PSA
P/E ratio	145.54	33.48●
Forward P/E	50.93	32.75●
P/S ratio	5.46●	11.75
P/B ratio	—	6.19
PEG ratio	—	4.45
EV / EBITDA	25.33	18.36●

Profitability

Metric	IRM	PSA
Gross margin	25.69%●	24.96%
Operating margin	18.01%	50.85%●
Net margin	3.76%	39.16%●
ROE	-14.74%	20.63%●
ROIC	5.72%	13.14%●

Dividends

Metric	IRM	PSA
Dividend yield	2.61%	3.70%●
Payout ratio	705.31%	132.74%

Growth (annualized)

Metric	IRM	PSA
Revenue CAGR (5Y)	11.73%●	10.32%
EPS CAGR (5Y)	-16.26%	7.52%●
Total return CAGR (5Y)	30.08%●	4.96%

Frequently asked

Which is better, IRM or PSA?: It depends on your goal. value: PSA (lower P/E); growth: IRM (faster 5Y revenue CAGR); income: PSA (higher dividend yield); quality: PSA (higher ROIC). Across all compared metrics, PSA leads 9 to 4.
Is IRM or PSA cheaper?: On trailing earnings, PSA is cheaper: IRM trades at a 145.54 P/E and PSA at 33.48.
Which has grown faster, IRM or PSA?: Over the past five years, IRM grew revenue faster — IRM at a 11.73% CAGR versus PSA at 10.32%.
Does IRM or PSA pay a bigger dividend?: IRM yields 2.61% and PSA yields 3.70% based on trailing dividends and the latest price.
Is IRM or PSA more profitable?: PSA runs the higher net margin — IRM at 3.76% versus PSA at 39.16%.
Which has been the better investment, IRM or PSA?: Over the past 10-year, IRM delivered the higher annualized total return — IRM at 19.69% versus PSA at 6.78%. Past performance doesn't predict future results.

Go deeper

Full IRM analysis Full PSA analysis Interactive comparison tool

Dig into the metrics

Iron Mountain P/E ratio Public Storage P/E ratio Iron Mountain dividend yield Public Storage dividend yield Iron Mountain ROE Public Storage ROE Iron Mountain operating margin Public Storage operating margin Iron Mountain revenue growth Public Storage revenue growth Iron Mountain free cash flow Public Storage free cash flow

Iron Mountain & Public Storage appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

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 27, 2026.