Digital Realty (DLR) vs Public Storage (PSA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Digital Realty (DLR) has outperformed Public Storage (PSA) over the past year, gaining 3.0% versus a loss of 3.9%. Over five years, DLR leads with a +22.3% price change compared with -11.7% for PSA. Digital Realty is the larger company by market cap ($68.16 billion vs $52.69 billion), about 1.3 times the size.
On valuation, Public Storage trades at a lower forward P/E (28.6x vs 65.3x for Digital Realty). Public Storage offers the higher dividend yield (4.26% vs 2.70%). Public Storage converts more of its revenue into profit, with a net margin of 37.0% versus 21.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | DLR | PSA |
|---|---|---|
| Share price | $180.47 | $281.99 |
| Market cap | $68.16B | $52.69B |
| 1-day change | -2.26% | -1.35% |
| YTD return | +16.65% | +8.67% |
| 1-year return | +3.04% | -3.93% |
| 5-year return | +22.32% | -11.72% |
| P/E ratio (TTM) | 89.79 | 27.30 |
| Forward P/E | 65.34 | 28.62 |
| EPS (TTM) | $2.01 | $10.33 |
| Dividend yield | 2.70% | 4.26% |
| Annual dividend | $4.88 | $12.00 |
| Revenue (latest FY) | $6.11B | $4.82B |
| Revenue growth (YoY) | +10.04% | +2.74% |
| Net income (latest FY) | $1.31B | $1.78B |
| Operating margin | 10.77% | — |
| Net margin | 21.41% | 36.99% |
| 52-week high | $208.14 | $335.55 |
| 52-week low | $146.23 | $256.54 |
| Distance from 52-week high | -13.29% | -15.96% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +23.81% | +18.82% |
| Average volume | 2.29M | 978.28K |
| Shares outstanding | 371.00M | 186.85M |
| Employees | 4,282 | 5,770 |
| Sector | Real Estate | Real Estate |
| Industry | Real Estate Investment Trusts | Real Estate Investment Trusts |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Digital Realty trades at a higher earnings multiple (89.8x vs 27.3x trailing P/E).
- Public Storage offers a meaningfully higher dividend yield (4.26% vs 2.70%).
- Public Storage is more profitable, keeping 37.0 cents of every revenue dollar as net income versus 21.4 cents for Digital Realty.
- Digital Realty grew revenue faster in its latest fiscal year (+10.04% vs +2.74%).
About Digital Realty
DLR stock →Digital Realty Trust, Inc. brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions.
Real Estate · Real Estate Investment Trusts · 4,282 employees
About Public Storage
PSA stock →Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2026, The firm: (i) owned and/or operated 3,584 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 335 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand.
Real Estate · Real Estate Investment Trusts · 5,770 employees
DLR vs PSA FAQ
Which is bigger, Digital Realty or Public Storage?
Digital Realty (DLR) is larger, with a market capitalization of $68.16B compared with $52.69B for Public Storage (PSA).
Which stock has performed better over the past year, DLR or PSA?
DLR returned +3.04% over the past 12 months, compared with -3.93% for PSA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, DLR or PSA?
PSA has the lower trailing P/E at 27.3, versus 89.8 for DLR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Digital Realty or Public Storage?
Public Storage has the higher yield at 4.26%, compared with 2.70% for Digital Realty.
Are Digital Realty and Public Storage in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.