PLD vs. EXR

Last updated Apr 1, 2026

Compare and contrast key facts about Prologis, Inc. (PLD) and Extra Space Storage Inc. (EXR).

Performance

PLD vs. EXR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Prologis, Inc. (PLD) and Extra Space Storage Inc. (EXR). The values are adjusted to include any dividend payments, if applicable.

PLD vs. EXR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLD Prologis, Inc.	4.37%	25.08%	-18.12%	21.58%	-31.33%	72.33%	14.74%	55.87%	-6.25%	25.94%
EXR Extra Space Storage Inc.	1.87%	-8.92%	-2.81%	13.86%	-32.82%	100.98%	13.64%	20.71%	7.29%	17.83%

Fundamentals

Market Cap PLD : $126.63B EXR : $28.99B
EPS PLD : $3.56 EXR : $4.55
PE Ratio PLD : 37.09 EXR : 28.82
PS Ratio PLD : 14.39 EXR : 8.50
PB Ratio PLD : 2.38 EXR : 2.16
Total Revenue (TTM) PLD : $8.79B EXR : $3.32B
Gross Profit (TTM) PLD : $5.24B EXR : $1.52B
EBITDA (TTM) PLD : $7.20B EXR : $2.52B

Returns By Period

In the year-to-date period, PLD achieves a 4.37% return, which is significantly higher than EXR's 1.87% return. Over the past 10 years, PLD has outperformed EXR with an annualized return of 14.69%, while EXR has yielded a comparatively lower 7.42% annualized return.

PLD

• 1D: 2.64%
• 1M: -6.54%
• YTD: 4.37%
• 6M: 17.26%
• 1Y: 22.35%
• 3Y*: 5.24%
• 5Y*: 7.02%
• 10Y*: 14.69%

EXR

• 1D: 2.22%
• 1M: -12.17%
• YTD: 1.87%
• 6M: -4.73%
• 1Y: -7.57%
• 3Y*: -2.81%
• 5Y*: 3.31%
• 10Y*: 7.42%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PLD vs. EXR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PLD

PLD Risk / Return Rank: 69
PLD Sharpe Ratio Rank: 71
PLD Sortino Ratio Rank: 64
PLD Omega Ratio Rank: 65
PLD Calmar Ratio Rank: 67
PLD Martin Ratio Rank: 78

EXR

EXR Risk / Return Rank: 29
EXR Sharpe Ratio Rank: 29
EXR Sortino Ratio Rank: 26
EXR Omega Ratio Rank: 26
EXR Calmar Ratio Rank: 32
EXR Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLD vs. EXR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Prologis, Inc. (PLD) and Extra Space Storage Inc. (EXR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PLD	EXR	Difference
Sharpe ratio Return per unit of total volatility	0.84	-0.28	+1.13
Sortino ratio Return per unit of downside risk	1.30	-0.21	+1.51
Omega ratio Gain probability vs. loss probability	1.18	0.97	+0.21
Calmar ratio Return relative to maximum drawdown	1.19	-0.34	+1.52
Martin ratio Return relative to average drawdown	5.08	-0.71	+5.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLD vs. EXR - Sharpe Ratio Comparison

The current PLD Sharpe Ratio is 0.84, which is higher than the EXR Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of PLD and EXR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PLD	EXR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.84	-0.28	+1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.12	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.28	+0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.50	-0.17

Correlation

The correlation between PLD and EXR is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PLD vs. EXR - Dividend Comparison

PLD's dividend yield for the trailing twelve months is around 3.10%, less than EXR's 4.94% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLD Prologis, Inc.	3.10%	3.16%	3.63%	2.61%	2.80%	1.50%	2.33%	2.38%	3.27%	2.73%	3.18%	3.54%
EXR Extra Space Storage Inc.	4.94%	4.98%	4.33%	4.04%	4.08%	1.98%	3.11%	3.37%	3.71%	3.57%	3.79%	2.54%

Drawdowns

PLD vs. EXR - Drawdown Comparison

The maximum PLD drawdown since its inception was -84.70%, which is greater than EXR's maximum drawdown of -71.22%. Use the drawdown chart below to compare losses from any high point for PLD and EXR.

Drawdown Indicators

	PLD	EXR	Difference
Max Drawdown Largest peak-to-trough decline	-84.70%	-71.22%	-13.48%
Max Drawdown (1Y) Largest decline over 1 year	-20.10%	-16.70%	-3.40%
Max Drawdown (5Y) Largest decline over 5 years	-43.30%	-51.36%	+8.06%
Max Drawdown (10Y) Largest decline over 10 years	-43.30%	-51.36%	+8.06%
Current Drawdown Current decline from peak	-13.60%	-31.02%	+17.42%
Average Drawdown Average peak-to-trough decline	-17.43%	-13.27%	-4.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.70%	7.96%	-3.26%

Volatility

PLD vs. EXR - Volatility Comparison

The current volatility for Prologis, Inc. (PLD) is 6.09%, while Extra Space Storage Inc. (EXR) has a volatility of 6.87%. This indicates that PLD experiences smaller price fluctuations and is considered to be less risky than EXR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLD	EXR	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.09%	6.87%	-0.78%
Volatility (6M) Calculated over the trailing 6-month period	14.75%	17.09%	-2.34%
Volatility (1Y) Calculated over the trailing 1-year period	26.65%	26.87%	-0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.85%	28.07%	-1.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.93%	26.90%	+0.03%

Financials

PLD vs. EXR - Profitability Comparison

The chart below illustrates the profitability comparison between Prologis, Inc. and Extra Space Storage Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PLD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Prologis, Inc. reported a gross profit of 1.01B and revenue of 2.25B. Therefore, the gross margin over that period was 44.6%.

EXR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Extra Space Storage Inc. reported a gross profit of 0.00 and revenue of 857.47M. Therefore, the gross margin over that period was 0.0%.

PLD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Prologis, Inc. reported an operating income of 852.36M and revenue of 2.25B, resulting in an operating margin of 37.8%.

EXR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Extra Space Storage Inc. reported an operating income of 370.87M and revenue of 857.47M, resulting in an operating margin of 43.3%.

PLD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Prologis, Inc. reported a net income of 1.48B and revenue of 2.25B, resulting in a net margin of 65.8%.

EXR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Extra Space Storage Inc. reported a net income of 287.40M and revenue of 857.47M, resulting in a net margin of 33.5%.