Equinix (EQIX) vs Public Storage (PSA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Equinix (EQIX) has outperformed Public Storage (PSA) over the past year, gaining 31.1% versus a loss of 3.9%. Over five years, EQIX leads with a +32.0% price change compared with -11.7% for PSA. Equinix is the larger company by market cap ($101.81 billion vs $52.69 billion), about 1.9 times the size.
On valuation, Public Storage trades at a lower forward P/E (28.6x vs 55.7x for Equinix). Public Storage offers the higher dividend yield (4.26% vs 1.91%). Public Storage converts more of its revenue into profit, with a net margin of 37.0% versus 14.6%.
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 | EQIX | PSA |
|---|---|---|
| Share price | $1,031.77 | $281.99 |
| Market cap | $101.81B | $52.69B |
| 1-day change | -1.49% | -1.35% |
| YTD return | +34.67% | +8.67% |
| 1-year return | +31.09% | -3.93% |
| 5-year return | +32.04% | -11.72% |
| P/E ratio (TTM) | 66.39 | 26.93 |
| Forward P/E | 55.69 | 28.62 |
| EPS (TTM) | $15.54 | $10.47 |
| Dividend yield | 1.91% | 4.26% |
| Annual dividend | $19.70 | $12.00 |
| Revenue (latest FY) | $9.22B | $4.82B |
| Revenue growth (YoY) | +5.36% | +2.74% |
| Net income (latest FY) | $1.35B | $1.78B |
| Gross margin | 51.09% | — |
| Operating margin | 20.05% | — |
| Net margin | 14.65% | 36.99% |
| 52-week high | $1,128.68 | $335.55 |
| 52-week low | $720.62 | $256.54 |
| Distance from 52-week high | -8.59% | -15.96% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +19.62% | +18.82% |
| Average volume | 537.30K | 978.28K |
| Shares outstanding | 98.67M | 186.85M |
| Employees | 13,716 | 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
- EQIX has outperformed PSA by 35.0 percentage points over the past year.
- Equinix trades at a higher earnings multiple (66.4x vs 26.9x trailing P/E).
- Public Storage offers a meaningfully higher dividend yield (4.26% vs 1.91%).
- Public Storage is more profitable, keeping 37.0 cents of every revenue dollar as net income versus 14.6 cents for Equinix.
About Equinix
EQIX stock →Equinix, Inc. shortens the path to boundless connectivity anywhere in the world.
Real Estate · Real Estate Investment Trusts · 13,716 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
EQIX vs PSA FAQ
Which is bigger, Equinix or Public Storage?
Equinix (EQIX) is larger, with a market capitalization of $101.81B compared with $52.69B for Public Storage (PSA).
Which stock has performed better over the past year, EQIX or PSA?
EQIX returned +31.09% 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, EQIX or PSA?
PSA has the lower trailing P/E at 26.9, versus 66.4 for EQIX. 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, Equinix or Public Storage?
Public Storage has the higher yield at 4.26%, compared with 1.91% for Equinix.
Are Equinix and Public Storage in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.