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).
Total return — PLD vs PSA
growth of $100 · last 29yPLD +546.7%PSA +1085.2%PSA compounded faster
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 9It 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
| Metric | PLD | PSA |
|---|---|---|
| P/E ratio | 37.56 | 33.64● |
| Forward P/E | 40.57 | 33.01● |
| P/S ratio | 15.92 | 11.80● |
| P/B ratio | 2.66● | 6.22 |
| PEG ratio | 2.97● | 4.47 |
| EV / EBITDA | 22.86 | 20.76● |
Profitability
| Metric | PLD | PSA |
|---|---|---|
| Gross margin | 43.37% | 60.63%● |
| Operating margin | 38.94% | 50.85%● |
| Net margin | 41.54%● | 39.16% |
| ROE | 6.95% | 20.63%● |
| ROIC | 3.60% | 11.50%● |
Dividends
| Metric | PLD | PSA |
|---|---|---|
| Dividend yield | 2.76% | 3.68%● |
| Payout ratio | 114.85% | 132.74% |
Growth (annualized)
| Metric | PLD | PSA |
|---|---|---|
| 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.
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 June 15, 2026.