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Public Storage

PSA
$327.00
$-0.34 (-0.10%)-0.10%
Closed
Loading chart...
IndexN/A
Market Cap60.98B
Enterprise Value55.46B
Income$0.41B
Sales$1.18B
Employees5,900
P/E23.53
P/S9.44
P/B4.92
P/C15.72
EV/EBITDA17.09
EV/Sales49.37
EPS (ttm)13.90
Earnings2025-10-29
Gross Margin71.95%
Oper. Margin45.93%
Profit Margin34.47%
Volume0.51M
Shs Outstand0.19B
Change-0.10%
Dividend Est.N/A
Dividend Ex-DateN/A
Perf YTD13.72%
Perf Year-0.74%
Perf 3Y0.79%
Perf 5Y33.21%
Perf 10Y17.35%
IPO1980-11-18
Income Statement by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Revenue$4.70B$4.52B$4.18B$3.42B$2.92B$2.86B$2.76B$2.67B
Cost of Revenue$1.26B$1.15B$1.05B$920.60M$867.46M$813.15M$757.08M$707.98M
Gross Profit$3.44B$3.37B$3.13B$2.50B$2.05B$2.04B$2.00B$1.96B
Gross Margin73.21%74.59%74.82%73.05%70.24%71.52%72.56%73.47%
Operating Expenses$1.24B$1.05B$959.82M$789.39M$636.46M$575.06M$588.36M$537.41M
Operating Income$2.20B$2.32B$2.17B$1.71B$1.41B$1.47B$1.41B$1.42B
Operating Margin46.88%51.33%51.87%49.94%48.41%51.38%51.24%53.33%
Net Income$2.07B$2.15B$4.35B$1.95B$1.36B$1.52B$1.71B$1.44B
Net Margin44.13%47.55%103.99%57.18%46.56%53.26%62.00%54.05%
EPS (Basic)$10.68$11.11$23.64$9.91$6.29$7.30$9.84$6.75
EBITDA$3.51B$3.34B$5.41B$2.78B$1.97B$2.08B$2.23B$1.92B
Stock Option Compensation Expense$44.75M$41.57M$56.70M$59.81M$33.36M$25.83M$69.94M$37.55M
Price To Earnings Ratio25.3424.9111.2933.5329.6924.4120.5825.16
Price To Sales RatioN/AN/AN/AN/AN/AN/AN/AN/A
Shares OutstandingN/AN/AN/AN/AN/AN/AN/AN/A
Market Capitalization$52.51B$53.52B$49.11B$65.49B$40.30B$37.12B$35.21B$36.29B
Balance Sheet by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Cash & Short Term InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Short Term ReceivablesN/AN/AN/AN/AN/AN/AN/AN/A
InventoriesN/AN/AN/AN/AN/AN/AN/AN/A
Other Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Current AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Net Property, Plant & EquipmentN/AN/AN/AN/AN/AN/AN/AN/A
Total Investments and AdvancesN/AN/AN/AN/AN/AN/AN/AN/A
Long-Term Note ReceivableN/AN/AN/AN/AN/AN/AN/AN/A
Intangible AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Other AssetsN/AN/AN/AN/AN/AN/AN/AN/A
Total Assets$19.75B$19.81B$17.55B$17.38B$11.82B$11.37B$10.93B$10.73B
Short Term Debt Incl. Current Port. of LT DebtN/AN/AN/AN/AN/AN/AN/AN/A
Accounts PayableN/AN/AN/AN/AN/AN/AN/AN/A
Income Tax PayableN/AN/AN/AN/AN/AN/AN/AN/A
Other Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Current LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Provision for Risks ChargesN/AN/AN/AN/AN/AN/AN/AN/A
Deferred Tax LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Other LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Total Liabilities$9.94B$9.70B$7.39B$7.96B$3.24B$2.29B$1.78B$1.77B
Non-Equity ReservesN/AN/AN/AN/AN/AN/AN/AN/A
Preferred Stock - Carrying ValueN/AN/AN/AN/AN/AN/AN/AN/A
Common EquityN/AN/AN/AN/AN/AN/AN/AN/A
Total Shareholders Equity$9.71B$10.01B$10.07B$9.34B$8.56B$9.06B$9.12B$8.94B
Accumulated Minority InterestN/AN/AN/AN/AN/AN/AN/AN/A
Total Equity$9.71B$10.01B$10.07B$9.34B$8.56B$9.06B$9.12B$8.94B
Total Liabilities & Stockholders Equity$19.75B$19.81B$17.55B$17.38B$11.82B$11.37B$10.93B$10.73B
Book Value Per Share$55.97$57.60$58.01$53.89$49.15$52.10$52.57$51.63
Tangible Book Value Per Share$54.36$55.39$56.68$52.16$47.98$50.91$51.36$50.40
Full-Time EmployeesN/AN/AN/AN/AN/AN/AN/AN/A
Price to Book RatioN/AN/AN/AN/AN/AN/AN/AN/A
Return on Assets10.49%10.85%24.78%11.24%11.49%13.38%15.66%13.44%
Return on Equity21.33%21.45%43.17%20.92%15.86%16.78%18.76%16.13%
Return on Invested Capital11.46%12.01%12.69%10.03%12.35%13.36%13.39%13.69%
Quick Ratio0.760.621.511.520.651.070.971.29
Current Ratio0.760.621.511.520.651.070.971.29
Cash Flow by fiscal year, newest to oldest
MetricFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017
Net Income$2.07B$2.15B$4.35B$1.95B$1.36B$1.52B$1.71B$1.44B
Depreciation$1.13B$970.06M$888.15M$713.43M$553.26M$512.92M$483.65M$454.53M
Other Funds (Non Cash)N/AN/AN/AN/AN/AN/AN/AN/A
Funds from OperationsN/AN/AN/AN/AN/AN/AN/AN/A
Extraordinary ItemN/AN/AN/AN/AN/AN/AN/AN/A
Changes in Working CapitalN/AN/AN/AN/AN/AN/AN/AN/A
Income Taxes PayableN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Operating Activities$3.13B$3.25B$3.12B$2.54B$2.04B$2.07B$2.06B$1.97B
Capital Expenditures$420.02M$461.14M$459.77M$270.24M$170.00M$187.30M$140.98M$120.59M
Net Assets From AcquisitionsN/AN/AN/AN/AN/AN/AN/AN/A
Sale of Fixed Assets and BusinessesN/AN/AN/AN/AN/AN/AN/AN/A
Purchase or Sale of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Purchase of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Sale Or Maturity of InvestmentsN/AN/AN/AN/AN/AN/AN/AN/A
Other UsesN/AN/AN/AN/AN/AN/AN/AN/A
Other SourcesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Investing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Cash Dividends Paid$2.30B$2.31B$3.91B$1.59B$1.61B$1.61B$1.61B$1.63B
Change in Capital StockN/AN/AN/AN/AN/AN/AN/AN/A
Repurchase of Common Pref Stock$200.00M$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Sale of Common Pref StockN/AN/AN/AN/AN/AN/AN/AN/A
Proceeds from Stock OptionsN/AN/AN/AN/AN/AN/AN/AN/A
Issuance or Reduction of Debt, NetN/AN/AN/AN/AN/AN/AN/AN/A
Change in Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Issuance of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Reduction of Long Term DebtN/AN/AN/AN/AN/AN/AN/AN/A
Net Financing Active Other Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A
Other Financing Activities UsesN/AN/AN/AN/AN/AN/AN/AN/A
Cash from Financing ActivitiesN/AN/AN/AN/AN/AN/AN/AN/A
Exchange Rate EffectN/AN/AN/AN/AN/AN/AN/AN/A
Net Change in CashN/AN/AN/AN/AN/AN/AN/AN/A
Free Cash Flow$2.71B$2.79B$2.66B$2.27B$1.87B$1.88B$1.92B$1.85B
Preferred Dividends (Cash Flow)N/AN/AN/AN/AN/AN/AN/AN/A
Price to Free Cash FlowN/AN/AN/AN/AN/AN/AN/AN/A

Company coverage

Latest news

20 stories
Aug 5 · 7:20AMIs PSA Overvalued? DCF Says Worth $127gurufocus.com ↗Jul 31 · 8:05PMPublic Storage Q2 Earnings Call Highlightsmarketbeat.com ↗Jul 31 · 12:47PMComEd, Solar Landscape and Public Storage Announce 60 New Rooftop Solar Sites Planned for Northern Illinoisbusinesswire.com ↗Jul 30 · 5:43PMPublic Storage (PSA) Q2 2026 Earnings Call Transcriptseekingalpha.com ↗Jul 30 · 12:31PMPublic Storage Q2 FFO Misses on Same-Store NOI Decline, Revenues Beatzacks.com ↗Jul 29 · 7:31PMCompared to Estimates, Public Storage (PSA) Q2 Earnings: A Look at Key Metricszacks.com ↗Jul 29 · 6:26PMPublic Storage (PSA) Q2 FFO Miss Estimateszacks.com ↗Jul 29 · 4:31PMIs Public Storage (PSA) Overvalued After Q2 Earnings Beat? EPS of $2.55 vs. Estimated $2.63, Revenues of $1.006 Billion vs. Estimated $1.230 Billion - GF Score 89/100gurufocus.com ↗
Show 12 more stories↓
Jul 29 · 4:05PMPublic Storage Reports Second Quarter 2026 Results and Raises Guidancebusinesswire.com ↗Jul 29 · 3:57AMArrowstreet Capital Limited Partnership Cuts Position in Public Storage $PSAdefenseworld.net ↗Jul 27 · 7:15AM3 REITs To Buy Before Their Dividends Are Hikedseekingalpha.com ↗Jul 27 · 4:25AMCetera Investment Advisers Buys 15,134 Shares of Public Storage $PSAdefenseworld.net ↗Jul 27 · 4:25AMBank of Nova Scotia Purchases 4,630 Shares of Public Storage $PSAdefenseworld.net ↗Jul 24 · 12:41PMRHP vs. PSA: Which Stock Is the Better Value Option?zacks.com ↗Jul 24 · 10:16AMUnlocking Q2 Potential of Public Storage (PSA): Exploring Wall Street Estimates for Key Metricszacks.com ↗Jul 23 · 12:31PMPublic Storage Closes NSA Deal: What to Expect From Q2 Results?zacks.com ↗Jul 22 · 9:15AMPublic Storage Announces Closing of National Storage Affiliates Acquisitionbusinesswire.com ↗Jul 16 · 5:56PMMolina Healthcare Set to Join S&P MidCap 400 and Construction Partners to Join S&P SmallCap 600prnewswire.com ↗Jul 16 · 5:52PMPublic Storage (PSA) Stock Up 3.1% but GF Value Says Overvalued -- GF Score: 88/100gurufocus.com ↗Jul 15 · 7:30AMIs PSA Overvalued? DCF Says Worth $129gurufocus.com ↗

Insider Trading

View All
Insider
Type
Shares
Price
Value
Date
HAVNER RONALD L JR
Option
34.6K
—
—
Jul 29, 26
Johnson Natalia
Option
3.3K
—
—
Jul 28, 26
Vitan Nathaniel A.
Sell
950
$324.81
$309K
Jun 12, 26
Vitan Nathaniel A.
Sell
950
$324.81
$309K
Jun 12, 26
REYES JOHN
Option
10.5K
—
—
Jan 22, 26

Company

CEO: H. Thomas BoyleEmployees: 5770www.publicstorage.com
About the company↓

Public Storage (PSA), an esteemed Real Estate Investment Trust (REIT) and a constituent of both the S&P 500 and FT Global 500 indices, concentrates its operations on the acquisition, development, ownership, and management of self-storage properties. By September 30, 2020, the company's substantial holdings included 2,504 self-storage facilities located across 38 U.S. states, collectively providing around 171 million net rentable square feet. Additionally, Public Storage held an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR), an entity that owned and operated 239 self-storage sites under the Shurgard brand in seven Western European countries, encompassing approximately 13 million net rentable square feet. Concurrently, it maintained an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB), which, as of the same reporting date, managed roughly 28 million rentable square feet of commercial properties. The company's main office is situated in Glendale, California.

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