PSA vs WELL

Public Storage (PSA) and Welltower (WELL) compared side by side. Welltower (WELL) is larger, with a market cap of $171.0B versus $57.9B for Public Storage, about 3.0 times the size. On trailing earnings, PSA is cheaper at 29.6x versus 106.4x for WELL.

Head to head

MetricPSAWELL
Market cap$57.9B$171.0B
P/E (TTM)29.6x106.4x
Forward P/E31.2x74.2x
Revenue (TTM)$4.9B$12.8B
Revenue growth3.3%39.1%
Gross margin74.4%39.6%
Operating margin45.7%16.6%
Free cash flow$2.9B$2.9B
Dividend yield3.87%1.43%
1-year return+5.4%+36.8%
5-year return (annual)+3.5%+27.0%
Max drawdown-61%-63%
FI Handbook gradeC+D+

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

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

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PSAWELL

PSA vs WELL FAQ

Which is bigger, PSA or WELL?

Welltower (WELL) is larger, with a market cap of $171.0B versus $57.9B for Public Storage, about 3.0 times the size.

Is PSA or WELL cheaper?

On trailing earnings, PSA is cheaper at 29.6x versus 106.4x for WELL. A lower P/E can reflect slower expected growth, so compare growth and margins too.

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

WELL returned +36.8% over the past year including dividends, versus +5.4% for PSA, through October 23, 2026.

Which pays a higher dividend, PSA or WELL?

PSA yields 3.87% versus 1.43% for WELL.

Full pages: Public Storage · Welltower