PLD vs PSA

Prologis (PLD) and Public Storage (PSA) compared side by side. Prologis (PLD) is larger, with a market cap of $122.9B versus $57.9B for Public Storage, about 2.1 times the size. On trailing earnings, PLD is cheaper at 28.1x versus 29.6x for PSA.

Head to head

MetricPLDPSA
Market cap$122.9B$57.9B
P/E (TTM)28.1x29.6x
Forward P/E39.9x31.2x
Revenue (TTM)$9.9B$4.9B
Revenue growth10.2%3.3%
Gross margin75.7%74.4%
Operating margin42.9%45.7%
Free cash flow$5.2B$2.9B
Dividend yield3.38%3.87%
1-year return+3.7%+5.4%
5-year return (annual)+0.3%+3.5%
Max drawdown-85%-61%
FI Handbook gradeCC+

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$8.0K
$10.0K
$12.0K
20222023202420252026
PLDPSA

PLD vs PSA FAQ

Which is bigger, PLD or PSA?

Prologis (PLD) is larger, with a market cap of $122.9B versus $57.9B for Public Storage, about 2.1 times the size.

Is PLD or PSA cheaper?

On trailing earnings, PLD is cheaper at 28.1x versus 29.6x for PSA. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, PLD or PSA?

PSA returned +5.4% over the past year including dividends, versus +3.7% for PLD, through October 23, 2026.

Which pays a higher dividend, PLD or PSA?

PSA yields 3.87% versus 3.38% for PLD.

Full pages: Prologis · Public Storage