Public Storage (PSA) vs Welltower Inc. (WELL)
A side-by-side comparison of Public Storage and Welltower Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.
PSA
Public Storage
$324.17Real EstateDelayed quote: Jul 31, 2026, 4:00 PM EDT
WELL
Welltower Inc.
$234.44Real EstateAt close: Jul 31, 2026, 4:00 PM ET
Total return — PSA vs WELL
growth of $100 · dividends reinvested · last 30yPSA +4657.3%WELL +6574.4%WELL compounded faster
PSA WELL
PSA vs WELL: by the numbers
- •WELL is the larger company ($168.93B vs $60.45B market cap).
- •PSA trades at the lower trailing earnings multiple (30.29 vs 124.04 P/E), one valuation lens rather than an overall verdict.
- •PSA converts more revenue to profit (41.86% vs 10.67% net margin).
- •WELL grew revenue faster over the past five years (23.85% vs 9.62% CAGR).
- •PSA pays the higher dividend yield (3.78% vs 1.26%).
Metrics side by side
Valuation
| Metric | PSA | WELL |
|---|---|---|
| P/E ratio | 30.29 | 124.04 |
| Forward P/E | 31.55 | 81.63 |
| P/S ratio | 11.46 | 13.61 |
| P/B ratio | 6.10 | 3.70 |
| PEG ratio | 4.03 | N/A |
| EV / EBITDA | 18.70 | 59.53 |
Profitability
| Metric | PSA | WELL |
|---|---|---|
| Gross margin | 24.96% | 38.82% |
| Operating margin | 48.30% | 5.40% |
| Net margin | 41.86% | 10.67% |
| ROE | 22.28% | 2.90% |
| ROIC | 12.36% | 1.01% |
Dividends
| Metric | PSA | WELL |
|---|---|---|
| Dividend yield | 3.78% | 1.26% |
| Payout ratio | 132.74% | 209.93% |
Growth (annualized)
| Metric | PSA | WELL |
|---|---|---|
| Revenue CAGR (5Y) | 9.62% | 23.85% |
| EPS CAGR (5Y) | 7.52% | -9.79% |
| Total return CAGR (5Y) | 4.48% | 25.00% |
Frequently asked
- Which has the lower trailing P/E, PSA or WELL?
- PSA has the lower trailing P/E: PSA trades at 30.29 and WELL at 124.04. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PSA or WELL?
- Over the past five years, WELL grew revenue faster — PSA at a 9.62% CAGR versus WELL at 23.85%.
- Does PSA or WELL pay a bigger dividend?
- PSA yields 3.78% and WELL yields 1.26% based on trailing dividends and the latest price.
- Is PSA or WELL more profitable?
- PSA runs the higher net margin — PSA at 41.86% versus WELL at 10.67%.
- How have PSA and WELL total returns compared?
- Over the past 10 years, PSA delivered 6.91% and WELL delivered 15.51% annualized total return. 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 July 31, 2026.