Prologis, Inc. (PLD) vs Public Storage (PSA)

PSA leads on 9 of 15 compared metrics.

A side-by-side comparison of Prologis, Inc. and Public Storage across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — PLD vs PSA

growth of $100 · last 29y
PLD +546.7%PSA +1085.2%PSA compounded faster
05001k2kStart $10020022007201220172022$647$1,185
PLD PSA

PLD vs PSA: by the numbers

  • PLD is the larger company ($138.68B vs $57.22B market cap).
  • PSA trades at the lower earnings multiple (33.64 vs 37.56 P/E).
  • PLD converts more revenue to profit (41.54% vs 39.16% net margin).
  • PLD grew revenue faster over the past five years (14.19% vs 10.32% CAGR).
  • PSA pays the higher dividend yield (3.68% vs 2.76%).

Which is better, PLD or PSA?

Metric tally: PLD 6 · PSA 9

It depends on what you're optimizing for:

ValuePSA(lower P/E)
GrowthPLD(faster 5Y revenue CAGR)
IncomePSA(higher dividend yield)
QualityPSA(higher ROIC)

Metrics side by side

Valuation

MetricPLDPSA
P/E ratio37.5633.64
Forward P/E40.5733.01
P/S ratio15.9211.80
P/B ratio2.666.22
PEG ratio2.974.47
EV / EBITDA22.8620.76

Profitability

MetricPLDPSA
Gross margin43.37%60.63%
Operating margin38.94%50.85%
Net margin41.54%39.16%
ROE6.95%20.63%
ROIC3.60%11.50%

Dividends

MetricPLDPSA
Dividend yield2.76%3.68%
Payout ratio114.85%132.74%

Growth (annualized)

MetricPLDPSA
Revenue CAGR (5Y)14.19%10.32%
EPS CAGR (5Y)12.63%7.52%
Total return CAGR (5Y)6.58%5.63%

Frequently asked

Which is better, PLD or PSA?
It depends on your goal. value: PSA (lower P/E); growth: PLD (faster 5Y revenue CAGR); income: PSA (higher dividend yield); quality: PSA (higher ROIC). Across all compared metrics, PSA leads 9 to 6.
Is PLD or PSA cheaper?
On trailing earnings, PSA is cheaper: PLD trades at a 37.56 P/E and PSA at 33.64.
Which has grown faster, PLD or PSA?
Over the past five years, PLD grew revenue faster — PLD at a 14.19% CAGR versus PSA at 10.32%.
Does PLD or PSA pay a bigger dividend?
PLD yields 2.76% and PSA yields 3.68% based on trailing dividends and the latest price.
Is PLD or PSA more profitable?
PLD runs the higher net margin — PLD at 41.54% versus PSA at 39.16%.
Which has been the better investment, PLD or PSA?
Over the past 10-year, PLD delivered the higher annualized total return — PLD at 14.65% versus PSA at 6.79%. 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 June 15, 2026.