Realty Income Corporation (O) vs Public Storage (PSA)

A side-by-side comparison of Realty Income Corporation and Public Storage across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnO vs PSA

growth of $100 · dividends reinvested · last 30y
O +3553.6%PSA +4641.6%PSA compounded faster
01k2k3k4k5kStart $100200120062011201620212026$3,654$4,742
O PSA

O vs PSA: by the numbers

  • PSA is the larger company ($61.62B vs $61.29B market cap).
  • PSA trades at the lower trailing earnings multiple (33.44 vs 53.69 P/E), one valuation lens rather than an overall verdict.
  • PSA converts more revenue to profit (39.16% vs 18.94% net margin).
  • O grew revenue faster over the past five years (28.65% vs 10.32% CAGR).
  • O pays the higher dividend yield (4.95% vs 3.70%).

Metrics side by side

Valuation

MetricOPSA
P/E ratio53.6933.44
Forward P/E42.3631.77
P/S ratio10.0111.73
P/B ratio1.516.18
PEG ratio2.494.45
EV / EBITDA21.0818.34

Profitability

MetricOPSA
Gross margin89.80%24.96%
Operating margin29.27%50.85%
Net margin18.94%39.16%
ROE2.86%20.63%
ROIC2.45%13.14%

Dividends

MetricOPSA
Dividend yield4.95%3.70%
Payout ratio276.84%132.74%

Growth (annualized)

MetricOPSA
Revenue CAGR (5Y)28.65%10.32%
EPS CAGR (5Y)0.35%7.52%
Total return CAGR (5Y)4.31%4.32%

Frequently asked

Which has the lower trailing P/E, O or PSA?
PSA has the lower trailing P/E: O trades at 53.69 and PSA at 33.44. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, O or PSA?
Over the past five years, O grew revenue faster — O at a 28.65% CAGR versus PSA at 10.32%.
Does O or PSA pay a bigger dividend?
O yields 4.95% and PSA yields 3.70% based on trailing dividends and the latest price.
Is O or PSA more profitable?
PSA runs the higher net margin — O at 18.94% versus PSA at 39.16%.
How have O and PSA total returns compared?
Over the past 10 years, O delivered 4.59% and PSA delivered 6.47% annualized total return. Past performance doesn't predict future results.

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 28, 2026.