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Public Storage

$296.48 +$38.04 (+14.72%)
NYSE · 14 Sep 2026 16:56 UTC
Previous Close
$296.5
Day Range
$294.69$301.3
Year Range
$256.54$335.55
Market Cap
55.29B
AVG Volume
965.96K
Trailing/Forward PE
28.21/29.25
PEG ratio
25.95
Dividend Yield
4.05%
Next Earnings Date
2026-11-04
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
02B4B6B2016201720182019202020212022202320242025
PSA Revenue (USD) by year
PeriodRevenue (USD)
20254.82B
20244.7B
20234.52B
20224.18B
20213.42B
20202.93B
20192.85B
20182.75B
20172.67B
20162.56B
Net Income (USD)
02B4B6B2016201720182019202020212022202320242025
PSA Net Income (USD) by year
PeriodNet Income (USD)
20251.78B
20242.07B
20232.15B
20224.35B
20211.95B
20201.36B
20191.52B
20181.71B
20171.44B
20161.45B
Operating Income (USD)
01B2B3B2016201720182019202020212022202320242025
PSA Operating Income (USD) by year
PeriodOperating Income (USD)
20252.54B
20242.2B
20232.34B
20222.13B
20211.68B
20201.41B
20191.47B
20181.41B
20171.42B
20161.37B
EBITDA (USD)
02B4B6B2016201720182019202020212022202320242025
PSA EBITDA (USD) by year
PeriodEBITDA (USD)
20253.25B
20243.51B
20233.35B
20225.39B
20212.76B
20201.97B
20192.08B
20182.23B
20171.92B
20161.9B
Cash Flows (USD)
01B2B3B4B2016201720182019202020212022202320242025
PSA Cash Flows (USD) by year
PeriodCash Flows (USD)
20253.09B
20242.71B
20232.79B
20222.66B
20212.27B
20201.87B
20191.88B
20181.83B
20171.52B
20161.59B
EPS (USD)
01020302016201720182019202020212022202320242025
PSA EPS (USD) by year
PeriodEPS (USD)
20259.02
202410.63
202311.07
202223.49
20219.87
20206.28
20197.29
20188.54
20176.74
20166.81
Expenses (USD)
0200M400M600MR&DSG&ACapex2016201720182019202020212022202320242025
PSA Expenses (USD) by year
PeriodExpenses (USD)
2025205.76M
2024526.7M
2023554.51M
2022558.43M
2021359.58M
2020235.84M
2019254.21M
2018335.29M
2017538.76M
2016431.15M
Cash & Debt (USD)
05B10B15BCashLong Term Debt2016201720182019202020212022202320242025
PSA Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025318.1M
2024447.42M
2023370M
2022775.25M
2021734.6M
2020257.56M
2019409.74M
2018361.22M
2017433.38M
2016183.69M
Debt ratios
00.20.40.60.820182019202020212022202320242025
PSA Debt ratios by year
PeriodDebt ratios
20250.64
20240.59
20230.65
20220.5
20210.74
20200.28
20190.18
20180.13
Margins
0%20%40%60%80%2016201720182019202020212022202320242025
PSA Margins by year
PeriodMargins
202560.52%
202473.21%
202374.59%
202274.82%
202173.05%
202069.69%
201972.01%
201873.14%
201773.47%
201673.87%
Return on Capital
0%20%40%60%2016201720182019202020212022202320242025
PSA Return on Capital by year
PeriodReturn on Capital
202519.1%
202421.11%
202321.26%
202242.78%
202120.73%
202015.82%
201916.75%
201818.71%
201716.09%
201615.4%
Shares Outstanding
050M100M150M200M2016201720182019202020212022202320242025
PSA Shares Outstanding by year
PeriodShares Outstanding
2025175.47M
2024175.2M
2023175.67M
2022175.34M
2021175.07M
2020174.53M
2019174.38M
2018174.07M
2017173.77M
2016173.19M
Dividends (USD)
01020302017201820192020202120222023202420252026
PSA Dividends (USD) by year
PeriodDividends (USD)
20269
202512
202412
202312
202221.15
20218
20208
20198
20188
20178
Employee Count
02K4K6K8K2016201720182019202020212022202320242025
PSA Employee Count by year
PeriodEmployee Count
20255.77K
20245.9K
20236.2K
20225.9K
20215.8K
20205.4K
20195.9K
20185.6K
20175.5K
20165.5K
Book Value Per Share (USD)
02040602016201720182019202020212022202320242025
PSA Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202553.24
202456.01
202357.53
202257.98
202153.83
202049.14
201952.07
201852.53
201751.59
201654.52
Total Assets (USD)
010B20B30B2016201720182019202020212022202320242025
PSA Total Assets (USD) by year
PeriodTotal Assets (USD)
202520.21B
202419.75B
202319.81B
202217.55B
202117.38B
202011.82B
201911.37B
201810.93B
201710.73B
201610.13B
PE Ratio
22.52527.53032.5med 27.45Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
PSA PE Ratio by year
PeriodPE Ratio
Sep 2625.46
Sep 2625.94
Aug 2626.92
Aug 2627.69
Aug 2627.99
Aug 2628.2
Jul 2627.84
Jul 2629.75
Jul 2629.34
Jul 2629.57
Jul 2630.41
Jun 2629.92
Jun 2629.34
Jun 2630.07
Jun 2628.57
May 2628.01
May 2628.16
May 2626.98
May 2628.69
May 2627.82
Apr 2630.32
Apr 2630.41
Apr 2629.01
Apr 2627.57
Mar 2626.16
Mar 2626.14
Mar 2629.28
Mar 2630.3
Feb 2630.2
Feb 2629.99
Feb 2629.54
Feb 2626.62
Jan 2625.61
Jan 2626.21
Jan 2627.26
Jan 2625.8
Jan 2623.97
Dec 2524.17
Dec 2524.03
Dec 2525.5
Dec 2525.23
Nov 2525.46
Nov 2524.99
Nov 2525.44
Nov 2525.79
Oct 2525.83
Oct 2529.28
Oct 2529.8
Oct 2528.52
Oct 2528.43
Sep 2527.73
Sep 2527.03
Sep 2528.32
Sep 2528.85
Aug 2528.54
Aug 2528.45
Aug 2527.41
Aug 2527.29
Aug 2527.02
Jul 2525.61
Jul 2525.28
Jul 2525.73
Jul 2526.37
Jun 2525.8
Jun 2525.82
Jun 2526.25
Jun 2526.96
May 2527.45
May 2526.41
May 2527.52
May 2527.06
May 2526.72
Apr 2524.6
Apr 2525.03
Apr 2523.7
Apr 2524.06
Mar 2524.89
Mar 2524.62
Mar 2525.21
Mar 2526.55
Feb 2525.67
Feb 2528.07
Feb 2527.45
Feb 2527.93
Jan 2527.55
Jan 2526.97
Jan 2527.32
Jan 2526.67
Jan 2527.73
Dec 2427.51
Dec 2427.46
Dec 2429.31
Dec 2430.82
Nov 2432.12
Nov 2431.15
Nov 2430.92
Nov 2431.32
Nov 2429.87
Oct 2428.38
Oct 2429.16
Free Cash Flow Yield
4%5%6%7%med 5.49%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
PSA Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 266.12%
Sep 266.01%
Aug 265.79%
Aug 265.63%
Aug 265.57%
Aug 265.52%
Jul 265.6%
Jul 265.41%
Jul 265.49%
Jul 265.45%
Jul 265.3%
Jun 265.38%
Jun 265.49%
Jun 265.36%
Jun 265.64%
May 265.75%
May 265.72%
May 265.97%
May 265.61%
May 265.79%
Apr 265.71%
Apr 265.69%
Apr 265.96%
Apr 266.27%
Mar 266.61%
Mar 266.62%
Mar 265.91%
Mar 265.71%
Feb 265.73%
Feb 265.77%
Feb 265.86%
Feb 266.19%
Jan 266.43%
Jan 266.29%
Jan 266.05%
Jan 266.39%
Jan 266.88%
Dec 256.82%
Dec 256.86%
Dec 256.46%
Dec 256.53%
Nov 256.47%
Nov 256.59%
Nov 256.48%
Nov 256.39%
Oct 256.38%
Oct 255.31%
Oct 255.22%
Oct 255.46%
Oct 255.47%
Sep 255.61%
Sep 255.76%
Sep 255.5%
Sep 255.39%
Aug 255.45%
Aug 255.47%
Aug 255.68%
Aug 255.7%
Aug 255.76%
Jul 255.54%
Jul 255.61%
Jul 255.51%
Jul 255.38%
Jun 255.49%
Jun 255.49%
Jun 255.4%
Jun 255.26%
May 255.16%
May 255.37%
May 255.15%
May 255.24%
May 255.31%
Apr 255.31%
Apr 255.22%
Apr 255.51%
Apr 255.43%
Mar 255.25%
Mar 255.31%
Mar 255.19%
Mar 254.92%
Feb 255.09%
Feb 255.06%
Feb 255.18%
Feb 255.09%
Jan 255.16%
Jan 255.27%
Jan 255.2%
Jan 255.33%
Jan 255.13%
Dec 245.17%
Dec 245.18%
Dec 244.85%
Dec 244.61%
Nov 244.43%
Nov 244.56%
Nov 244.6%
Nov 244.54%
Nov 244.76%
Oct 244.67%
Oct 244.55%
Price to Sales
91011121314med 11Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
PSA Price to Sales by year
PeriodPrice to Sales
Sep 2610.64
Sep 2610.84
Aug 2611.25
Aug 2611.58
Aug 2611.7
Aug 2611.79
Jul 2611.64
Jul 2611.65
Jul 2611.49
Jul 2611.58
Jul 2611.91
Jun 2611.72
Jun 2611.49
Jun 2611.77
Jun 2611.19
May 2610.97
May 2611.03
May 2610.57
May 2611.24
May 2610.89
Apr 2611.21
Apr 2611.25
Apr 2610.73
Apr 2610.2
Mar 269.68
Mar 269.67
Mar 2610.83
Mar 2611.21
Feb 2611.17
Feb 2611.09
Feb 2610.92
Feb 2610.52
Jan 2610.13
Jan 2610.36
Jan 2610.77
Jan 2610.2
Jan 269.47
Dec 259.56
Dec 259.5
Dec 2510.08
Dec 259.97
Nov 2510.07
Nov 259.88
Nov 2510.05
Nov 2510.19
Oct 2510.21
Oct 2511.16
Oct 2511.36
Oct 2510.88
Oct 2510.84
Sep 2510.58
Sep 2510.31
Sep 2510.8
Sep 2511
Aug 2510.88
Aug 2510.85
Aug 2510.45
Aug 2510.41
Aug 2510.3
Jul 2510.69
Jul 2510.55
Jul 2510.74
Jul 2511.01
Jun 2510.77
Jun 2510.78
Jun 2510.96
Jun 2511.25
May 2511.46
May 2511.02
May 2511.49
May 2511.3
May 2511.15
Apr 2510.85
Apr 2511.04
Apr 2510.46
Apr 2510.62
Mar 2510.98
Mar 2510.86
Mar 2511.12
Mar 2511.71
Feb 2511.33
Feb 2511.38
Feb 2511.13
Feb 2511.32
Jan 2511.17
Jan 2510.93
Jan 2511.08
Jan 2510.81
Jan 2511.24
Dec 2411.15
Dec 2411.13
Dec 2411.88
Dec 2412.5
Nov 2413.02
Nov 2412.63
Nov 2412.54
Nov 2412.7
Nov 2412.11
Oct 2412.74
Oct 2413.09
EV/EBITDA
16182022med 18.34Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
PSA EV/EBITDA by year
PeriodEV/EBITDA
Sep 2618.33
Sep 2618.61
Aug 2619.21
Aug 2619.68
Aug 2619.86
Aug 2619.98
Jul 2619.76
Jul 2620.53
Jul 2620.29
Jul 2620.43
Jul 2620.92
Jun 2620.64
Jun 2620.3
Jun 2620.72
Jun 2619.84
May 2619.51
May 2619.6
May 2618.9
May 2619.91
May 2619.39
Apr 2619.73
Apr 2619.78
Apr 2619.01
Apr 2618.21
Mar 2617.44
Mar 2617.43
Mar 2619.15
Mar 2619.72
Feb 2619.66
Feb 2619.55
Feb 2619.3
Feb 2617.97
Jan 2617.41
Jan 2617.74
Jan 2618.33
Jan 2617.51
Jan 2616.47
Dec 2516.59
Dec 2516.51
Dec 2517.34
Dec 2517.19
Nov 2517.32
Nov 2517.06
Nov 2517.3
Nov 2517.5
Oct 2517.53
Oct 2519.21
Oct 2519.5
Oct 2518.79
Oct 2518.74
Sep 2518.35
Sep 2517.95
Sep 2518.67
Sep 2518.97
Aug 2518.79
Aug 2518.75
Aug 2518.16
Aug 2518.1
Aug 2517.95
Jul 2517.5
Jul 2517.31
Jul 2517.57
Jul 2517.94
Jun 2517.61
Jun 2517.62
Jun 2517.87
Jun 2518.28
May 2518.56
May 2517.96
May 2518.6
May 2518.34
May 2518.14
Apr 2517.08
Apr 2517.33
Apr 2516.55
Apr 2516.76
Mar 2517.25
Mar 2517.09
Mar 2517.44
Mar 2518.23
Feb 2517.71
Feb 2518.57
Feb 2518.22
Feb 2518.49
Jan 2518.27
Jan 2517.94
Jan 2518.15
Jan 2517.78
Jan 2518.38
Dec 2418.25
Dec 2418.22
Dec 2419.27
Dec 2420.13
Nov 2420.87
Nov 2420.32
Nov 2420.18
Nov 2420.41
Nov 2419.59
Oct 2419.55
Oct 2420.02
Price/Operating Cashflow
14161820med 16.53Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
PSA Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2616.41
Sep 2616.72
Aug 2617.35
Aug 2617.85
Aug 2618.04
Aug 2618.18
Jul 2617.94
Jul 2617.82
Jul 2617.58
Jul 2617.71
Jul 2618.22
Jun 2617.93
Jun 2617.58
Jun 2618.01
Jun 2617.11
May 2616.78
May 2616.87
May 2616.16
May 2617.19
May 2616.66
Apr 2616.98
Apr 2617.03
Apr 2616.24
Apr 2615.44
Mar 2614.65
Mar 2614.64
Mar 2616.39
Mar 2616.97
Feb 2616.91
Feb 2616.8
Feb 2616.54
Feb 2615.63
Jan 2615.04
Jan 2615.39
Jan 2616.01
Jan 2615.15
Jan 2614.08
Dec 2514.2
Dec 2514.11
Dec 2514.98
Dec 2514.82
Nov 2514.95
Nov 2514.68
Nov 2514.94
Nov 2515.14
Oct 2515.17
Oct 2516.86
Oct 2517.16
Oct 2516.42
Oct 2516.37
Sep 2515.97
Sep 2515.56
Sep 2516.31
Sep 2516.61
Aug 2516.43
Aug 2516.38
Aug 2515.78
Aug 2515.72
Aug 2515.56
Jul 2515.94
Jul 2515.73
Jul 2516.01
Jul 2516.41
Jun 2516.05
Jun 2516.06
Jun 2516.33
Jun 2516.77
May 2517.08
May 2516.43
May 2517.12
May 2516.84
May 2516.62
Apr 2516.29
Apr 2516.58
Apr 2515.7
Apr 2515.94
Mar 2516.49
Mar 2516.31
Mar 2516.7
Mar 2517.58
Feb 2517
Feb 2516.9
Feb 2516.52
Feb 2516.81
Jan 2516.58
Jan 2516.23
Jan 2516.45
Jan 2516.05
Jan 2516.69
Dec 2416.56
Dec 2416.52
Dec 2417.64
Dec 2418.55
Nov 2419.33
Nov 2418.75
Nov 2418.61
Nov 2418.85
Nov 2417.98
Oct 2418.28
Oct 2418.79
Price to Book
4.555.566.5med 5.45Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
PSA Price to Book by year
PeriodPrice to Book
Sep 265.61
Sep 265.71
Aug 265.93
Aug 266.1
Aug 266.16
Aug 266.21
Jul 266.13
Jul 266.07
Jul 265.99
Jul 266.04
Jul 266.21
Jun 266.11
Jun 265.99
Jun 266.14
Jun 265.83
May 265.72
May 265.75
May 265.51
May 265.86
May 265.68
Apr 265.79
Apr 265.81
Apr 265.54
Apr 265.27
Mar 265
Mar 264.99
Mar 265.59
Mar 265.79
Feb 265.77
Feb 265.73
Feb 265.64
Feb 265.35
Jan 265.15
Jan 265.27
Jan 265.48
Jan 265.19
Jan 264.82
Dec 254.86
Dec 254.83
Dec 255.13
Dec 255.07
Nov 255.12
Nov 255.03
Nov 255.12
Nov 255.19
Oct 255.2
Oct 255.6
Oct 255.69
Oct 255.45
Oct 255.43
Sep 255.3
Sep 255.17
Sep 255.41
Sep 255.51
Aug 255.45
Aug 255.44
Aug 255.24
Aug 255.22
Aug 255.16
Jul 255.22
Jul 255.15
Jul 255.24
Jul 255.38
Jun 255.26
Jun 255.26
Jun 255.35
Jun 255.49
May 255.59
May 255.38
May 255.61
May 255.52
May 255.44
Apr 255.19
Apr 255.28
Apr 255
Apr 255.08
Mar 255.26
Mar 255.2
Mar 255.32
Mar 255.61
Feb 255.42
Feb 255.48
Feb 255.36
Feb 255.46
Jan 255.38
Jan 255.27
Jan 255.34
Jan 255.21
Jan 255.42
Dec 245.37
Dec 245.36
Dec 245.73
Dec 246.02
Nov 246.27
Nov 246.09
Nov 246.04
Nov 246.12
Nov 245.83
Oct 246.02
Oct 246.19
Public Storage
PSA
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News: PSA

VNO vs. PSA: Which Stock Is the Better Value Option?

zacks.com · 10 Sep 2026

VNO vs. PSA: Which Stock Is the Better Value Option?

Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Vornado (VNO) and Public Storage (PSA). But which of these two stocks presents investors with the better value opportunity right now?

We Named 3 Dividend Stocks to Dominate 2026. Only One Beat the S&P 500.

247wallst.com · 10 Sep 2026

We Named 3 Dividend Stocks to Dominate 2026. Only One Beat the S&P 500.

We picked three dividend stocks to beat the market in 2026, and the results split in ways that reveal something uncomfortable about how income investors actually grade their own calls.

Public Storage Prices Public Offering of C$400 Million Senior Notes in its Inaugural Offering in the Canadian Market

businesswire.com · 9 Sep 2026

Public Storage Prices Public Offering of C$400 Million Senior Notes in its Inaugural Offering in the Canadian Market

FRISCO, Texas--(BUSINESS WIRE)--Public Storage (NYSE:PSA, the “Company”) announced today that it has priced a public offering of C$400 million aggregate principal amount of fixed-rate senior notes due 2033 (the “Notes”). This is the Company's inaugural offering in the Canadian market, follows its recently completed acquisition of Public Storage Canada, and provides the Company another source of financing.The Notes will be issued by the Company's finance subsidiary, PS Canada Finance ULC (“PS Can.

Greenland Capital Management LP Purchases 4,950 Shares of Public Storage $PSA

defenseworld.net · 7 Sep 2026

Greenland Capital Management LP Purchases 4,950 Shares of Public Storage $PSA

Greenland Capital Management LP lifted its holdings in Public Storage (NYSE: PSA) by 300.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,600 shares of the real estate investment trust's stock after buying an additional 4,950 shares during the period. Greenland

B. Metzler seel. Sohn & Co. AG Has $2.89 Million Position in Public Storage $PSA

defenseworld.net · 5 Sep 2026

B. Metzler seel. Sohn & Co. AG Has $2.89 Million Position in Public Storage $PSA

B. Metzler seel. Sohn and Co. AG raised its position in Public Storage (NYSE: PSA) by 26.5% in the undefined quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,085 shares of the real estate investment trust's stock after purchasing an additional 1,902 shares during the

I Would Not Dare Buy These Popular REITs Right Now

seekingalpha.com · 4 Sep 2026

I Would Not Dare Buy These Popular REITs Right Now

Not all REITs are cheap today. Two popular winners look dangerously expensive. Minor growth setbacks could trigger big losses.

American Healthcare REIT Names Aric Chang Chief Financial Officer

businesswire.com · 2 Sep 2026

American Healthcare REIT Names Aric Chang Chief Financial Officer

IRVINE, Calif.--(BUSINESS WIRE)-- #CA--American Healthcare REIT, Inc. (NYSE: AHR) (the “Company” or “AHR”) today announced that Aric Chang has been appointed Chief Financial Officer, effective October 1, 2026. Chang succeeds Brian Peay, who is retiring after 10 years as Chief Financial Officer. Peay will continue to serve in the role through September 30, 2026.Chang joins AHR from Public Storage (NYSE: PSA), an S&P 500 real estate company, where he serves as Chief Financial Officer, Real Estate. A.

Public Storage Completes Acquisition of Public Storage Canada

businesswire.com · 1 Sep 2026

Public Storage Completes Acquisition of Public Storage Canada

FRISCO, Texas--(BUSINESS WIRE)--Public Storage (NYSE: PSA, the “Company”), the leading owner and operator of self-storage facilities, today announced that the Company completed its acquisition of Public Storage Canada (“PS Canada”). Under the terms of the transaction, the Company paid consideration worth approximately $1.2 billion at closing, consisting of approximately $900 million of Public Storage OP units (2.76 million units, valuing each such unit at $321.98 per unit) and approximately $31.

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