Extra Space Storage vs Public Storage
Prices at close . Model readings .
Extra Space Storage
$144.75+0.14%- Market value
- $31.90B
- P/E
- 32.4
- 1 year
- +0.2%
Public Storage
$310.05−0.77%- Market value
- $57.93B
- P/E
- 32.2
- 1 year
- +6.4%
Price change, with the S&P 500 as a benchmark
Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.
How the two compare
On the latest closes (28 Oct 2026), Public Storage is the larger company by market value ($57.93B against $31.90B). Over the past year Extra Space Storage returned +0.2% and Public Storage +6.4%, while the S&P 500 returned +12.7%. The latest filed P/E is 32.4 for Extra Space Storage and 32.2 for Public Storage, and the operating margin 44.9% against 23.2%. Over the next 21 sessions the model expects −0.61% for Extra Space Storage, with a 27% chance of a rise, and −0.6% for Public Storage, with a 20% chance. Extra Space Storage's long-run fair value is $118.98, a gap of −17.8% to its price; the long-run model view is negative. Public Storage's long-run fair value is $257.67, a gap of −16.9% to its price; the long-run model view is negative.
What the model expects
Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.
How the prices moved
Price change over each period, with the S&P 500 (SPY) for comparison.
What the market pays
Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.
How much of revenue becomes profit
Margins and returns on capital from the latest filing; revenue, net income and earnings per share over the trailing twelve months.
How fast the business grew
Change against the same quarter a year earlier.
Balance sheet and quality scores
Leverage, liquidity and two published scores: Altman Z (below 1.8 the distress zone, above 3 the safe zone) and Piotroski F (0 to 9).
How the shares trade
Volatility, sensitivity to the market, the deepest fall, short interest and how closely the two move together.
Extra Space Storage or Public Storage: common questions
Which is larger by market value, Extra Space Storage or Public Storage?
Public Storage, at $57.93B against $31.90B for Extra Space Storage, on the latest closes (28 Oct 2026).
Which has the higher P/E ratio, Extra Space Storage or Public Storage?
Extra Space Storage has the higher latest filed P/E, 32.4; Public Storage's is 32.2. Filings: quarter to 30 Jun 2026 and 30 Sep 2026.
How did Extra Space Storage and Public Storage move over the past year against the S&P 500?
Over the past year Extra Space Storage returned +0.2% and Public Storage +6.4%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.
What does the model expect for Extra Space Storage and Public Storage over the next month?
−0.61% for Extra Space Storage with a 27% chance of a rise, and −0.6% for Public Storage with a 20% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.
How do the operating margins of Extra Space Storage and Public Storage compare?
The operating margin is 44.9% for Extra Space Storage and 23.2% for Public Storage, and the gross margin 73.5% against 23.2%. Filings: quarter to 30 Jun 2026 and 30 Sep 2026.
Do Extra Space Storage and Public Storage shares move together?
Over the past year the correlation of their daily returns was 0.87 (closely together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.
Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.