Public Storage/$PSA
1D1W1MYTD1Y5YMAX
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 258 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
$55B
28.28
$10.48
0.94
$12.00
4.05%
Price and volume
Market cap
$55B
Beta
0.94
52-week high
$335.55
52-week low
$256.54
Average daily volume
782K
Dividend rate
$12.00
Financial strength
Current ratio
0.22
Quick ratio
0.13
Long term debt to equity
95.093
Total debt to equity
109.632
Dividend payout ratio (TTM)
112.70%
Interest coverage (TTM)
6.98%
Profitability
EBITDA (TTM)
3,436.555
Gross margin (TTM)
74.42%
Net profit margin (TTM)
41.63%
Operating margin (TTM)
46.27%
Effective tax rate (TTM)
-0.37%
Revenue per employee (TTM)
$850,000
Management effectiveness
Return on assets (TTM)
6.99%
Return on equity (TTM)
21.93%
Valuation
Price to earnings (TTM)
28.285
Price to revenue (TTM)
10.597
Price to book
10.76
Price to tangible book (TTM)
11.29
Price to free cash flow (TTM)
16.139
Free cash flow yield (TTM)
6.20%
Free cash flow per share (TTM)
18.371
Dividend yield (TTM)
4.05%
Forward dividend yield
4.05%
Growth
Revenue change (TTM)
3.20%
Earnings per share change (TTM)
14.32%
3-year revenue growth (CAGR)
3.56%
10-year revenue growth (CAGR)
6.81%
3-year earnings per share growth (CAGR)
-23.16%
10-year earnings per share growth (CAGR)
5.19%
3-year dividend per share growth (CAGR)
6.27%
10-year dividend per share growth (CAGR)
5.69%
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
PSA raised its 2026 Core FFO guidance to $16.75–$17.05 per share from $16.35–$17.00, reflecting management's confidence after stronger-than-expected first-half performance (Reuters).
The completion of the all-stock merger with NSA and the announced $1.2 billion acquisition of PS Canada expands PSA's portfolio to over 4,500 locations, positioning the company for scale-driven synergies and accretion of $0.02 in 2026 and $0.35–$0.50 in stabilized annual FFO per share (Reuters).
Revenues and net operating income from non-same store facilities grew over 20% in Q2, underscoring PSA's ability to drive robust growth through acquisitions and development beyond its core same-store assets (Reuters).
Q2 same-store revenue fell 0.6% year-on-year due to lower realized rents per occupied square foot and higher operating expenses, signaling pressure on underlying leasing fundamentals (Reuters).
Core FFO per share declined 2.6% to $4.17 in Q2, evidence of headwinds to operating cash flow despite net income gains from acquisition activity (Reuters).
PSA trades at approximately 32 times next 12-month earnings, up from 27 times three months ago, representing a premium valuation that may limit upside and increase downside risk (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 26 Aug 2026.
Public Storage Financial Performance
Revenues and expenses
Public Storage Earnings Performance
Company profitability
Upcoming events
Public Storage News
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Funds containing Public Storage
AllEURGBPUSD
Fund name | Fund size | $PSA weighting |
|---|---|---|
VanEck Global Real Estate€TRET | €255M | 3.48% |
VanEck Global Real Estate£TREG | £222M | 3.48% |
iShares Developed Markets Property Yield$IDWP | $1.2B | 3.04% |
iShares Developed Markets Property Yield£IWDP | £859M | 3.04% |
iShares Edge MSCI World Quality Factor$IWQU | $6.3B | 0.37% |
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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