O vs. PSA: A Head-to-Head Stock Comparison

Updated on August 25, 2025

Here’s a clear look at O and PSA, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Both O and PSA are Real Estate Investment Trusts (REITs). These entities are required to distribute the majority of their taxable income to shareholders, often resulting in higher dividend yields.

Symbol	O	PSA
Company Name	Realty Income Corporation	Public Storage
Country	United States	United States
GICS Sector	Real Estate	Real Estate
GICS Industry	Retail REITs	Specialized REITs
Market Capitalization	54.77 billion USD	50.34 billion USD
Exchange	NYSE	NYSE
Listing Date	October 18, 1994	November 18, 1980
Security Type	REIT	REIT

Historical Performance

This chart compares the performance of O and PSA by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

O vs. PSA: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	O	PSA
5-Day Price Return	3.60%	2.15%
13-Week Price Return	6.49%	-7.28%
26-Week Price Return	9.07%	-4.75%
52-Week Price Return	-1.58%	-11.19%
Month-to-Date Return	6.72%	5.52%
Year-to-Date Return	12.15%	-4.17%
10-Day Avg. Volume	4.82M	0.65M
3-Month Avg. Volume	5.27M	0.82M
3-Month Volatility	16.21%	21.01%
Beta	0.78	0.88

Profitability

Return on Equity (TTM)

O

2.36%

Retail REITs Industry

Max: 15.84%
Q3: 10.01%
Median: 5.58%
Q1: 2.80%
Min: -2.65%

O’s Return on Equity of 2.36% is in the lower quartile for the Retail REITs industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

PSA

18.93%

Specialized REITs Industry

Max: 37.66%
Q3: 20.19%
Median: 8.96%
Q1: 6.32%
Min: -1.71%

PSA’s Return on Equity of 18.93% is on par with the norm for the Specialized REITs industry, indicating its profitability relative to shareholder equity is typical for the sector.

O vs. PSA: A comparison of their Return on Equity (TTM) against their respective Retail REITs and Specialized REITs industry benchmarks.

Net Profit Margin (TTM)

O

16.77%

Retail REITs Industry

Max: 72.99%
Q3: 48.25%
Median: 27.21%
Q1: 13.68%
Min: -25.48%

In the Retail REITs industry, Net Profit Margin is often not the primary profitability metric.

PSA

38.13%

Specialized REITs Industry

Max: 67.81%
Q3: 40.70%
Median: 25.91%
Q1: 11.01%
Min: 1.95%

In the Specialized REITs industry, Net Profit Margin is often not the primary profitability metric.

O vs. PSA: A comparison of their Net Profit Margin (TTM) against their respective Retail REITs and Specialized REITs industry benchmarks.

Operating Profit Margin (TTM)

O

15.23%

Retail REITs Industry

Max: 102.11%
Q3: 53.88%
Median: 35.05%
Q1: 20.90%
Min: -8.87%

In the Retail REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

PSA

46.56%

Specialized REITs Industry

Max: 107.13%
Q3: 55.10%
Median: 41.03%
Q1: 17.97%
Min: 5.94%

In the Specialized REITs industry, Operating Profit Margin is often not the primary measure of operational efficiency.

O vs. PSA: A comparison of their Operating Profit Margin (TTM) against their respective Retail REITs and Specialized REITs industry benchmarks.

Profitability at a Glance

Symbol	O	PSA
Return on Equity (TTM)	2.36%	18.93%
Return on Assets (TTM)	1.32%	9.09%
Net Profit Margin (TTM)	16.77%	38.13%
Operating Profit Margin (TTM)	15.23%	46.56%
Gross Profit Margin (TTM)	92.63%	73.00%

Financial Strength

Current Ratio (MRQ)

O

1.47

Retail REITs Industry

Max: 1.54
Q3: 0.87
Median: 0.60
Q1: 0.39
Min: 0.04

O’s Current Ratio of 1.47 is in the upper quartile for the Retail REITs industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

PSA

0.84

Specialized REITs Industry

Max: 1.74
Q3: 1.13
Median: 0.59
Q1: 0.35
Min: 0.09

PSA’s Current Ratio of 0.84 aligns with the median group of the Specialized REITs industry, indicating that its short-term liquidity is in line with its sector peers.

O vs. PSA: A comparison of their Current Ratio (MRQ) against their respective Retail REITs and Specialized REITs industry benchmarks.

Debt-to-Equity Ratio (MRQ)

O

0.72

Retail REITs Industry

Max: 1.96
Q3: 1.36
Median: 0.93
Q1: 0.64
Min: 0.28

O’s Debt-to-Equity Ratio of 0.72 is typical for the Retail REITs industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

PSA

1.11

Specialized REITs Industry

Max: 4.54
Q3: 3.26
Median: 1.09
Q1: 0.58
Min: 0.16

PSA’s Debt-to-Equity Ratio of 1.11 is typical for the Specialized REITs industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

O vs. PSA: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Retail REITs and Specialized REITs industry benchmarks.

Interest Coverage Ratio (TTM)

O

2.15

Retail REITs Industry

Max: 4.31
Q3: 3.35
Median: 2.33
Q1: 1.37
Min: 0.52

O’s Interest Coverage Ratio of 2.15 is positioned comfortably within the norm for the Retail REITs industry, indicating a standard and healthy capacity to cover its interest payments.

PSA

18.96

Specialized REITs Industry

Max: 5.24
Q3: 4.05
Median: 2.99
Q1: 2.10
Min: 1.28

With an Interest Coverage Ratio of 18.96, PSA demonstrates a superior capacity to service its debt, placing it well above the typical range for the Specialized REITs industry. This stems from either robust earnings or a conservative debt load.

O vs. PSA: A comparison of their Interest Coverage Ratio (TTM) against their respective Retail REITs and Specialized REITs industry benchmarks.

Financial Strength at a Glance

Symbol	O	PSA
Current Ratio (MRQ)	1.47	0.84
Quick Ratio (MRQ)	1.47	0.84
Debt-to-Equity Ratio (MRQ)	0.72	1.11
Interest Coverage Ratio (TTM)	2.15	18.96

Growth

Revenue Growth

O vs. PSA: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

O vs. PSA: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

O

5.23%

Retail REITs Industry

Max: 6.40%
Q3: 4.96%
Median: 4.61%
Q1: 3.75%
Min: 2.91%

With a Dividend Yield of 5.23%, O offers a more attractive income stream than most of its peers in the Retail REITs industry, signaling a strong commitment to shareholder returns.

PSA

4.57%

Specialized REITs Industry

Max: 7.06%
Q3: 5.09%
Median: 4.51%
Q1: 3.18%
Min: 1.78%

PSA’s Dividend Yield of 4.57% is consistent with its peers in the Specialized REITs industry, providing a dividend return that is standard for its sector.

O vs. PSA: A comparison of their Dividend Yield (TTM) against their respective Retail REITs and Specialized REITs industry benchmarks.

Dividend Payout Ratio (TTM)

O

308.01%

Retail REITs Industry

Max: 233.72%
Q3: 148.83%
Median: 90.03%
Q1: 67.83%
Min: 12.86%

At 308.01%, O’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Retail REITs industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.

PSA

127.11%

Specialized REITs Industry

Max: 295.93%
Q3: 182.11%
Median: 119.31%
Q1: 65.42%
Min: 43.86%

PSA’s Dividend Payout Ratio of 127.11% is within the typical range for the Specialized REITs industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

O vs. PSA: A comparison of their Dividend Payout Ratio (TTM) against their respective Retail REITs and Specialized REITs industry benchmarks.

Dividend at a Glance

Symbol	O	PSA
Dividend Yield (TTM)	5.23%	4.57%
Dividend Payout Ratio (TTM)	308.01%	127.11%

Valuation

Price-to-Earnings Ratio (TTM)

O

58.91

Retail REITs Industry

Max: 69.12
Q3: 38.21
Median: 21.85
Q1: 15.96
Min: 6.82

The P/E Ratio is often not the primary metric for valuation in the Retail REITs industry.

PSA

27.84

Specialized REITs Industry

Max: 85.59
Q3: 64.69
Median: 29.09
Q1: 18.22
Min: 8.79

The P/E Ratio is often not the primary metric for valuation in the Specialized REITs industry.

O vs. PSA: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Retail REITs and Specialized REITs industry benchmarks.

Price-to-Sales Ratio (TTM)

O

9.88

Retail REITs Industry

Max: 13.84
Q3: 9.05
Median: 7.00
Q1: 5.56
Min: 2.93

O’s P/S Ratio of 9.88 is in the upper echelon for the Retail REITs industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

PSA

10.62

Specialized REITs Industry

Max: 14.35
Q3: 9.60
Median: 8.74
Q1: 5.61
Min: 1.63

PSA’s P/S Ratio of 10.62 is in the upper echelon for the Specialized REITs industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

O vs. PSA: A comparison of their Price-to-Sales Ratio (TTM) against their respective Retail REITs and Specialized REITs industry benchmarks.

Price-to-Book Ratio (MRQ)

O

1.33

Retail REITs Industry

Max: 2.75
Q3: 1.73
Median: 1.08
Q1: 0.87
Min: 0.48

O’s P/B Ratio of 1.33 is within the conventional range for the Retail REITs industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

PSA

5.49

Specialized REITs Industry

Max: 11.33
Q3: 5.68
Median: 2.69
Q1: 1.81
Min: 0.71

PSA’s P/B Ratio of 5.49 is within the conventional range for the Specialized REITs industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

O vs. PSA: A comparison of their Price-to-Book Ratio (MRQ) against their respective Retail REITs and Specialized REITs industry benchmarks.

Valuation at a Glance

Symbol	O	PSA
Price-to-Earnings Ratio (TTM)	58.91	27.84
Price-to-Sales Ratio (TTM)	9.88	10.62
Price-to-Book Ratio (MRQ)	1.33	5.49
Price-to-Free Cash Flow Ratio (TTM)	579.99	25.66