Prologis, Inc. (PLD) vs Public Storage (PSA)
A side-by-side comparison of Prologis, Inc. and Public Storage across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 1, 2026. Differences are shown without an overall score or investment verdict.
PLD
Prologis, Inc.
$144.61Real EstateAt close: Jul 31, 2026, 4:00 PM ET
PSA
Public Storage
$324.17Real EstateDelayed quote: Jul 31, 2026, 4:00 PM EDT
Total return — PLD vs PSA
growth of $100 · dividends reinvested · last 29yPLD +1840.5%PSA +3471.5%PSA compounded faster
PLD PSA
PLD vs PSA: by the numbers
- •PLD is the larger company ($134.83B vs $60.45B market cap).
- •PSA trades at the lower trailing earnings multiple (30.29 vs 32.21 P/E), one valuation lens rather than an overall verdict.
- •PLD converts more revenue to profit (45.79% vs 41.86% net margin).
- •PLD grew revenue faster over the past five years (15.39% vs 9.62% CAGR).
- •PSA pays the higher dividend yield (3.78% vs 2.88%).
Metrics side by side
Valuation
| Metric | PLD | PSA |
|---|---|---|
| P/E ratio | 32.21 | 30.29 |
| Forward P/E | 39.69 | 31.55 |
| P/S ratio | 15.07 | 11.46 |
| P/B ratio | 2.58 | 6.10 |
| PEG ratio | 2.55 | 4.03 |
| EV / EBITDA | 27.63 | 18.70 |
Profitability
| Metric | PLD | PSA |
|---|---|---|
| Gross margin | 59.60% | 24.96% |
| Operating margin | 38.43% | 48.30% |
| Net margin | 45.79% | 41.86% |
| ROE | 7.83% | 22.28% |
| ROIC | 3.75% | 12.36% |
Dividends
| Metric | PLD | PSA |
|---|---|---|
| Dividend yield | 2.88% | 3.78% |
| Payout ratio | 116.53% | 132.74% |
Growth (annualized)
| Metric | PLD | PSA |
|---|---|---|
| Revenue CAGR (5Y) | 15.39% | 9.62% |
| EPS CAGR (5Y) | 12.63% | 7.52% |
| Total return CAGR (5Y) | 5.47% | 4.48% |
Frequently asked
- Which has the lower trailing P/E, PLD or PSA?
- PSA has the lower trailing P/E: PLD trades at 32.21 and PSA at 30.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PLD or PSA?
- Over the past five years, PLD grew revenue faster — PLD at a 15.39% CAGR versus PSA at 9.62%.
- Does PLD or PSA pay a bigger dividend?
- PLD yields 2.88% and PSA yields 3.78% based on trailing dividends and the latest price.
- Is PLD or PSA more profitable?
- PLD runs the higher net margin — PLD at 45.79% versus PSA at 41.86%.
- How have PLD and PSA total returns compared?
- Over the past 10 years, PLD delivered 13.41% and PSA delivered 6.91% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Prologis P/E ratioPublic Storage P/E ratioPrologis dividend yieldPublic Storage dividend yieldPrologis ROEPublic Storage ROEPrologis operating marginPublic Storage operating marginPrologis revenue growthPublic Storage revenue growthPrologis free cash flowPublic Storage free cash flow
Prologis & Public Storage 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 1, 2026.