Public Storage/$PSA
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Public Storage
Public Storage is the largest owner of self-storage facilities in the US, with more than 3,500 self-storage facilities in 40 states and approximately 259 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
- Ticker
- $PSA
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 5,770
- Headquarters
- Frisco, United States
- Website
- www.publicstorage.com
Public Storage Metrics
BasicAdvanced
$64B
36.05
$9.51
0.93
$12.00
3.50%
Price and volume
Market cap
$64B
Beta
0.93
52-week high
$343.63
52-week low
$256.54
Average daily volume
950K
Dividend rate
$12.00
Financial strength
Current ratio
0.373
Quick ratio
0.179
Long term debt to equity
0.699
Total debt to equity
0.801
Dividend payout ratio (TTM)
92.73%
Interest coverage (TTM)
6.42%
Profitability
EBITDA (TTM)
3,524.419
Gross margin (TTM)
74.29%
Net profit margin (TTM)
37.68%
Operating margin (TTM)
44.37%
Effective tax rate (TTM)
-1.34%
Revenue per employee (TTM)
$870,000
Management effectiveness
Return on assets (TTM)
5.70%
Return on equity (TTM)
15.60%
Valuation
Price to earnings (TTM)
36.049
Price to revenue (TTM)
12.077
Price to book
6.55
Price to tangible book (TTM)
7.6
Price to free cash flow (TTM)
20.035
Free cash flow yield (TTM)
4.99%
Free cash flow per share (TTM)
17.108
Dividend yield (TTM)
3.50%
Forward dividend yield
3.50%
Growth
Revenue change (TTM)
5.18%
Earnings per share change (TTM)
-1.27%
3-year revenue growth (CAGR)
4.06%
10-year revenue growth (CAGR)
6.89%
3-year earnings per share growth (CAGR)
-4.47%
10-year earnings per share growth (CAGR)
3.83%
3-year dividend per share growth (CAGR)
2.94%
10-year dividend per share growth (CAGR)
5.54%
What the Analysts think about Public Storage
Analyst ratings (Buy, Hold, Sell) for Public Storage stock.
Analyst projections of the future price of Public Storage stock.
Bulls say / Bears say
Public Storage raised its 2026 Core FFO guidance to $16.75–$17.05 per share after a strong first half, signalling that results are running ahead of its earlier expectations. (Business Wire)
The completed National Storage Affiliates deal gives PSA a larger platform and a route to further earnings growth: management expects $110–$130 million of annual synergies and $0.35–$0.50 of FFO-per-share accretion once they are fully realised. (Public Storage)
Early leasing indicators improved in Q2: average occupancy rose to 92.5% and new-customer move-in rents increased 1.6% year on year, supporting the prospect of a gradual recovery in same-store performance. (Investing.com)
The established portfolio remained under pressure in Q2: same-store revenue fell 0.6%, NOI fell 2.2%, and realised rent per occupied square foot declined 0.8% year on year. (SEC)
Costs are outpacing revenue in the core portfolio: same-store operating costs rose 4.4% in Q2, and the company still forecasts a 0.3%–2.0% decline in same-store NOI for 2026. (Business Wire)
The rapid expansion brings execution and funding risks: PSA reported $10.3 billion of debt at June 2026, while the expected NSA synergies will take three to four years to reach their run-rate level and depend on integrating the acquired portfolio. (Business Wire, SEC)
Data summarised monthly by Lightyear AI. Last updated on 19 Oct 2026.
Public Storage Financial Performance
Revenues and expenses
Public Storage Earnings Performance
Company profitability
Upcoming events
Public Storage News
AllArticlesVideos
Funds containing Public Storage
AllUSDEURGBP
Fund name | Fund size | $PSA weighting |
|---|---|---|
Invesco Real Estate S&P US Select Sector$XRES | $150M | 4.30% |
Invesco Real Estate S&P US Select Sector£XREP | $150M | 4.20% |
VanEck Global Real Estate£TREG | €448M | 4.06% |
VanEck Global Real Estate€TRET | €448M | 4.04% |
iShares Developed Markets Property Yield$IDWP | $1.2B | 3.32% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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