Extra Space Storage (EXR) vs Prologis (PLD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Prologis (PLD) has outperformed Extra Space Storage (EXR) over the past year, gaining 9.8% versus a loss of 7.4%. Over five years, PLD leads with a -7.0% price change compared with -27.7% for EXR. Prologis is the larger company by market cap ($123.75 billion vs $29.07 billion), about 4.3 times the size.
On valuation, Extra Space Storage trades at a lower forward P/E (27.1x vs 38.2x for Prologis). Extra Space Storage offers the higher dividend yield (4.92% vs 3.27%). Prologis converts more of its revenue into profit, with a net margin of 37.9% versus 28.8%.
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 | EXR | PLD |
|---|---|---|
| Share price | $131.70 | $127.30 |
| Market cap | $29.07B | $123.75B |
| 1-day change | -1.64% | -1.07% |
| YTD return | +1.61% | -0.26% |
| 1-year return | -7.39% | +9.80% |
| 5-year return | -27.68% | -7.04% |
| P/E ratio (TTM) | 29.07 | 28.29 |
| Forward P/E | 27.14 | 38.19 |
| EPS (TTM) | $4.53 | $4.50 |
| Dividend yield | 4.92% | 3.27% |
| Annual dividend | $6.48 | $4.16 |
| Revenue (latest FY) | $3.38B | $8.79B |
| Revenue growth (YoY) | +3.70% | +7.18% |
| Net income (latest FY) | $974.00M | $3.33B |
| Gross margin | 72.82% | — |
| Operating margin | 41.83% | 49.58% |
| Net margin | 28.84% | 37.86% |
| 52-week high | $158.88 | $153.35 |
| 52-week low | $125.71 | $111.03 |
| Distance from 52-week high | -17.11% | -16.99% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +20.16% | +24.30% |
| Average volume | 1.25M | 4.07M |
| Shares outstanding | 211.27M | 950.33M |
| Employees | 8,393 | 2,802 |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Industrial | REIT - Industrial |
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
- Prologis is about 4.3 times larger than Extra Space Storage by market value ($123.75B vs $29.07B).
- PLD has outperformed EXR by 17.2 percentage points over the past year.
- Extra Space Storage offers a meaningfully higher dividend yield (4.92% vs 3.27%).
- Prologis is more profitable, keeping 37.9 cents of every revenue dollar as net income versus 28.8 cents for Extra Space Storage.
About Extra Space Storage
EXR stock →Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2026, the Company owned and/or operated 4,410 self-storage stores in 42 states and Washington, D.C.
Real Estate · REIT - Industrial · 8,393 employees
About Prologis
PLD stock →Prologis, Inc. don't just lead the industry, they define it.
Real Estate · REIT - Industrial · 2,802 employees
EXR vs PLD FAQ
Which is bigger, Extra Space Storage or Prologis?
Prologis (PLD) is larger, with a market capitalization of $123.75B compared with $29.07B for Extra Space Storage (EXR).
Which stock has performed better over the past year, EXR or PLD?
PLD returned +9.80% over the past 12 months, compared with -7.39% for EXR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EXR or PLD?
PLD has the lower trailing P/E at 28.3, versus 29.1 for EXR. 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, Extra Space Storage or Prologis?
Extra Space Storage has the higher yield at 4.92%, compared with 3.27% for Prologis.
Are Extra Space Storage and Prologis in the same industry?
Yes. Both are classified in the REIT - Industrial industry within the Real Estate sector.