Is PSA or SBAC cheaper?

On trailing earnings, SBAC is cheaper: PSA trades at a 33.64 P/E and SBAC at 21.53.

Which has grown faster, PSA or SBAC?

Over the past five years, PSA grew revenue faster — PSA at a 10.32% CAGR versus SBAC at 6.18%.

Does PSA or SBAC pay a bigger dividend?

PSA yields 2.76% and SBAC yields 2.30% based on trailing dividends and the latest price.

Is PSA or SBAC more profitable?

PSA runs the higher net margin — PSA at 39.16% versus SBAC at 35.66%.

Which has been the better investment, PSA or SBAC?

Over the past 10-year, SBAC delivered the higher annualized total return — PSA at 6.79% versus SBAC at 8.32%. Past performance doesn't predict future results.

Public Storage (PSA) vs SBA Communications Corporation (SBAC)

PSA and SBAC are evenly matched — 7 metrics each of 14.

A side-by-side comparison of Public Storage and SBA Communications Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

SBA Communications Corporation

$21.72B

$204.79Real Estate

Total return — PSA vs SBAC

growth of $100 · last 27y

PSA +1012.0%SBAC +2206.2%SBAC compounded faster

PSA SBAC

PSA vs SBAC: by the numbers

•PSA is the larger company ($57.22B vs $21.72B market cap).
•SBAC trades at the lower earnings multiple (21.53 vs 33.64 P/E).
•PSA converts more revenue to profit (39.16% vs 35.66% net margin).
•PSA grew revenue faster over the past five years (10.32% vs 6.18% CAGR).
•PSA pays the higher dividend yield (2.76% vs 2.30%).

Which is better, PSA or SBAC?

Metric tally: PSA 7 · SBAC 7

It depends on what you're optimizing for:

ValueSBAC(lower P/E)

GrowthPSA(faster 5Y revenue CAGR)

IncomePSA(higher dividend yield)

QualityPSA(higher ROIC)

Valuation

Metric	PSA	SBAC
P/E ratio	33.64	21.53●
Forward P/E	33.01	24.39●
P/S ratio	11.80	7.61●
P/B ratio	6.22	—
PEG ratio	4.47	0.48●
EV / EBITDA	20.76	17.49●

Profitability

Metric	PSA	SBAC
Gross margin	60.63%	63.62%●
Operating margin	50.85%●	47.63%
Net margin	39.16%●	35.66%
ROE	20.63%●	-21.71%
ROIC	11.50%●	10.05%

Dividends

Metric	PSA	SBAC
Dividend yield	2.76%●	2.30%
Payout ratio	99.56%	48.02%

Growth (annualized)

Metric	PSA	SBAC
Revenue CAGR (5Y)	10.32%●	6.18%
EPS CAGR (5Y)	7.52%	113.83%●
Total return CAGR (5Y)	5.63%●	-6.93%

Frequently asked

Which is better, PSA or SBAC?: It depends on your goal. value: SBAC (lower P/E); growth: PSA (faster 5Y revenue CAGR); income: PSA (higher dividend yield); quality: PSA (higher ROIC). Across all compared metrics, they are evenly matched.
Is PSA or SBAC cheaper?: On trailing earnings, SBAC is cheaper: PSA trades at a 33.64 P/E and SBAC at 21.53.
Which has grown faster, PSA or SBAC?: Over the past five years, PSA grew revenue faster — PSA at a 10.32% CAGR versus SBAC at 6.18%.
Does PSA or SBAC pay a bigger dividend?: PSA yields 2.76% and SBAC yields 2.30% based on trailing dividends and the latest price.
Is PSA or SBAC more profitable?: PSA runs the higher net margin — PSA at 39.16% versus SBAC at 35.66%.
Which has been the better investment, PSA or SBAC?: Over the past 10-year, SBAC delivered the higher annualized total return — PSA at 6.79% versus SBAC at 8.32%. Past performance doesn't predict future results.

Go deeper

Full PSA analysis Full SBAC analysis Interactive comparison tool

Dig into the metrics

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

Public Storage & SBA Communications appear in these rankings

Highest Dividend Yield Stocks Highest Operating Margin Stocks Highest FCF Yield 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 14, 2026.