Public Storage (PSA) vs Welltower Inc. (WELL)
PSA leads on 11 of 14 compared metrics.
A side-by-side comparison of Public Storage and Welltower Inc. 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 — PSA vs WELL
growth of $100 · last 30yPSA +1519.2%WELL +938.4%PSA compounded faster
PSA WELL
PSA vs WELL: by the numbers
- •WELL is the larger company ($151.23B vs $57.22B market cap).
- •PSA trades at the lower earnings multiple (33.64 vs 106.58 P/E).
- •PSA converts more revenue to profit (39.16% vs 12.15% net margin).
- •WELL grew revenue faster over the past five years (21.49% vs 10.32% CAGR).
- •PSA pays the higher dividend yield (3.68% vs 1.38%).
Which is better, PSA or WELL?
Metric tally: PSA 11 · WELL 3It depends on what you're optimizing for:
ValuePSA(lower P/E)
GrowthWELL(faster 5Y revenue CAGR)
IncomePSA(higher dividend yield)
QualityPSA(higher ROIC)
Metrics side by side
Valuation
| Metric | PSA | WELL |
|---|---|---|
| P/E ratio | 33.64● | 106.58 |
| Forward P/E | 33.01● | 73.96 |
| P/S ratio | 11.80● | 13.43 |
| P/B ratio | 6.22 | 3.55● |
| PEG ratio | 4.47 | — |
| EV / EBITDA | 20.76● | 64.79 |
Profitability
| Metric | PSA | WELL |
|---|---|---|
| Gross margin | 60.63%● | 38.87% |
| Operating margin | 50.85%● | 4.62% |
| Net margin | 39.16%● | 12.15% |
| ROE | 20.63%● | 3.21% |
| ROIC | 11.50%● | 0.54% |
Dividends
| Metric | PSA | WELL |
|---|---|---|
| Dividend yield | 3.68%● | 1.38% |
| Payout ratio | 132.74% | 209.93% |
Growth (annualized)
| Metric | PSA | WELL |
|---|---|---|
| Revenue CAGR (5Y) | 10.32% | 21.49%● |
| EPS CAGR (5Y) | 7.52%● | -9.79% |
| Total return CAGR (5Y) | 5.63% | 24.90%● |
Frequently asked
- Which is better, PSA or WELL?
- It depends on your goal. value: PSA (lower P/E); growth: WELL (faster 5Y revenue CAGR); income: PSA (higher dividend yield); quality: PSA (higher ROIC). Across all compared metrics, PSA leads 11 to 3.
- Is PSA or WELL cheaper?
- On trailing earnings, PSA is cheaper: PSA trades at a 33.64 P/E and WELL at 106.58.
- Which has grown faster, PSA or WELL?
- Over the past five years, WELL grew revenue faster — PSA at a 10.32% CAGR versus WELL at 21.49%.
- Does PSA or WELL pay a bigger dividend?
- PSA yields 3.68% and WELL yields 1.38% based on trailing dividends and the latest price.
- Is PSA or WELL more profitable?
- PSA runs the higher net margin — PSA at 39.16% versus WELL at 12.15%.
- Which has been the better investment, PSA or WELL?
- Over the past 10-year, WELL delivered the higher annualized total return — PSA at 6.79% versus WELL at 15.57%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Public Storage P/E ratioWelltower P/E ratioPublic Storage dividend yieldWelltower dividend yieldPublic Storage ROEWelltower ROEPublic Storage operating marginWelltower operating marginPublic Storage revenue growthWelltower revenue growthPublic Storage free cash flowWelltower free cash flow
Public Storage & Welltower 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.