Prologis (PLD) 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
Prologis (PLD) has outperformed Public Storage (PSA) over the past year, gaining 9.8% versus a loss of 3.9%. Over five years, PLD leads with a -7.1% price change compared with -11.7% for PSA. Prologis is the larger company by market cap ($123.75 billion vs $52.69 billion), about 2.3 times the size.
On valuation, Public Storage trades at a lower forward P/E (28.6x vs 38.2x for Prologis). Public Storage offers the higher dividend yield (4.26% vs 3.27%). Prologis converts more of its revenue into profit, with a net margin of 37.9% versus 37.0%.
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 | PLD | PSA |
|---|---|---|
| Share price | $127.30 | $281.99 |
| Market cap | $123.75B | $52.69B |
| 1-day change | -1.07% | -1.35% |
| YTD return | -0.28% | +8.67% |
| 1-year return | +9.77% | -3.93% |
| 5-year return | -7.07% | -11.72% |
| P/E ratio (TTM) | 28.29 | 26.93 |
| Forward P/E | 38.19 | 28.62 |
| EPS (TTM) | $4.50 | $10.47 |
| Dividend yield | 3.27% | 4.26% |
| Annual dividend | $4.16 | $12.00 |
| Revenue (latest FY) | $8.79B | $4.82B |
| Revenue growth (YoY) | +7.18% | +2.74% |
| Net income (latest FY) | $3.33B | $1.78B |
| Operating margin | 49.58% | — |
| Net margin | 37.86% | 36.99% |
| 52-week high | $153.35 | $335.55 |
| 52-week low | $111.03 | $256.54 |
| Distance from 52-week high | -16.99% | -15.96% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +24.30% | +18.82% |
| Average volume | 4.07M | 978.28K |
| Shares outstanding | 950.33M | 186.85M |
| Employees | 2,802 | 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
- Prologis is about 2.3 times larger than Public Storage by market value ($123.75B vs $52.69B).
- PLD has outperformed PSA by 13.7 percentage points over the past year.
About Prologis
PLD stock →Prologis, Inc. don't just lead the industry, they define it.
Real Estate · Real Estate Investment Trusts · 2,802 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
PLD vs PSA FAQ
Which is bigger, Prologis or Public Storage?
Prologis (PLD) is larger, with a market capitalization of $123.75B compared with $52.69B for Public Storage (PSA).
Which stock has performed better over the past year, PLD or PSA?
PLD returned +9.77% 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, PLD or PSA?
PSA has the lower trailing P/E at 26.9, versus 28.3 for PLD. 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, Prologis or Public Storage?
Public Storage has the higher yield at 4.26%, compared with 3.27% for Prologis.
Are Prologis and Public Storage in the same industry?
Yes. Both are classified in the Real Estate Investment Trusts industry within the Real Estate sector.