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PSA

Public Storage

Price Chart
Latest Quote

$318.04

-6.46 (-1.99%)
Current Price
Previous Close $324.50
Open $323.58
Day High $328.92
Day Low $317.44
Volume 831,180
Fetched: 2026-07-18T11:17:58
Stock Information
Quarterly Dividend / Yield $12.00 / 3.77%
Shares Outstanding 175.58M
Quarterly Dividend Yield 3.77%
Quarterly Dividend $12.00
Total Debt $10.03B
Cash Equivalents $134.61M
Revenue $4.87B
Net Income $1.70B
Sector Real Estate
Industry REIT - Industrial
Market Cap $55.84B
P/E Ratio 33.55
EPS (TTM) $9.48
Exchange NYQ
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📊 Comprehensive Analysis
Company Data
Enterprise Value$70.17B
Sales$4.87B
Income$1.70B
Book/sh$27.77
Cash/sh$0.77
Employees6K
Financial Ratios
Quick Ratio0.09
Current Ratio0.19
Debt/Eq107.65
EPS Growth TTM29.10%
Returns & Margins
ROA7.21%
ROE20.18%
Gross Margin74.77%
Operating Margin46.25%
Profit Margin39.06%
Ownership
Insider Ownership10.17%
Institutional Ownership87.21%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E30.29
PEG4.63
P/S11.46
P/B11.45
Analyst Data
Recommendationbuy
Target Price$332.88
Technical Indicators
SMA20$321.48
SMA50$312.22
SMA200$287.83
RSI44.97
ATR7.2686
Shares Float157.44M
Short Float5.08%
Short Ratio6.64
Volatility0.95
Rel Volume1.07
Performance History
Week-0.79%
Month-0.67%
Quarter+6.38%
6 Months+12.68%
YTD+25.47%
Year+16.00%
3 Years+21.22%
5 Years+27.02%
10 Years+89.02%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-07-17 $318.04 1,072,200
2026-07-16 $324.50 1,332,000
2026-07-15 $314.68 981,700
2026-07-14 $318.93 1,327,900
2026-07-13 $321.86 999,400
2026-07-10 $320.56 624,500
2026-07-09 $319.35 807,800
2026-07-08 $320.77 815,700
2026-07-07 $328.69 705,100
2026-07-06 $324.00 845,800
2026-07-02 $329.64 963,400
2026-07-01 $323.04 613,000
2026-06-30 $318.31 982,500
2026-06-29 $324.45 954,400
2026-06-26 $324.39 1,228,200
2026-06-25 $320.74 778,900
2026-06-24 $317.92 1,838,400
2026-06-23 $321.29 1,031,300
2026-06-22 $320.22 932,000
2026-06-18 $318.12 1,253,400
About Public Storage

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At March 31, 2026, we: (i) owned and/or operated 3,546 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 333 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand. Public Storage was incorporated in 1972 in Maryland and is based in Frisco, Texas.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $1,309,975,000 $1,258,001,000 $1,147,946,000 $1,052,907,000
Cost Of Revenue $1,309,975,000 $1,258,001,000 $1,147,946,000 $1,052,907,000
Total Revenue $4,824,113,000 $4,695,616,000 $4,517,690,000 $4,182,163,000
Operating Revenue $4,824,113,000 $4,695,616,000 $4,517,690,000 $4,182,163,000
Expenses
Interest Expense $304,495,000 $287,401,000 $201,132,000 $136,319,000
Total Expenses $2,563,622,000 $2,494,444,000 $2,198,634,000 $2,012,725,000
Other Income Expense $-202,809,000 $130,526,000 $-32,573,000 $2,306,914,000
Other Non Operating Income Expenses $22,623,000 $18,075,000 $17,954,000 $15,058,000
Net Non Operating Interest Income Expense $-267,878,000 $-242,619,000 $-115,542,000 $-95,752,000
Interest Expense Non Operating $304,495,000 $287,401,000 $201,132,000 $136,319,000
Operating Expense $1,253,647,000 $1,236,443,000 $1,050,688,000 $959,818,000
General And Administrative Expense $101,807,000 $106,677,000 $80,632,000 $71,672,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $1,784,348,000 $2,072,011,000 $2,148,327,000 $4,349,147,000
Net Interest Income $-267,878,000 $-242,619,000 $-115,542,000 $-95,752,000
Interest Income $36,617,000 $44,782,000 $85,590,000 $40,567,000
Normalized Income $1,970,026,440 $1,979,566,260 $2,208,494,650 $2,156,408,503
Net Income From Continuing And Discontinued Operation $1,784,348,000 $2,072,011,000 $2,148,327,000 $4,349,147,000
Net Income Common Stockholders $1,585,585,000 $1,872,685,000 $1,948,741,000 $4,142,288,000
Net Income $1,784,348,000 $2,072,011,000 $2,148,327,000 $4,349,147,000
Net Income Including Noncontrolling Interests $1,797,032,000 $2,084,410,000 $2,160,120,000 $4,366,274,000
Net Income Continuous Operations $1,797,032,000 $2,084,410,000 $2,160,120,000 $4,366,274,000
Pretax Income $1,789,804,000 $2,089,079,000 $2,170,941,000 $4,380,600,000
Special Income Charges $-24,425,000 $-15,506,000 $-26,451,000 $2,100,116,000
Earnings From Equity Interest $9,604,000 $19,821,000 $27,897,000 $106,981,000
Interest Income Non Operating $36,617,000 $44,782,000 $85,590,000 $40,567,000
Operating Income $2,260,491,000 $2,201,172,000 $2,319,056,000 $2,169,438,000
Depreciation Amortization Depletion Income Statement $1,151,840,000 $1,129,766,000 $970,056,000 $888,146,000
Depreciation And Amortization In Income Statement $1,151,840,000 $1,129,766,000 $970,056,000 $888,146,000
Gross Profit $3,514,138,000 $3,437,615,000 $3,369,744,000 $3,129,256,000
Per Share
Diluted EPS $9.01 $10.64 $11.06 $23.50
Basic EPS $9.04 $10.68 $11.11 $23.64
Other
Tax Effect Of Unusual Items $-49,357,560 $185,260 $-302,350 $7,194,503
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $3,481,175,000 $3,413,616,000 $3,402,599,000 $3,205,132,000
Total Unusual Items $-235,036,000 $92,630,000 $-60,470,000 $2,199,933,000
Total Unusual Items Excluding Goodwill $-235,036,000 $92,630,000 $-60,470,000 $2,199,933,000
Reconciled Depreciation $1,151,840,000 $1,129,766,000 $970,056,000 $888,146,000
EBITDA (Bullshit earnings) $3,246,139,000 $3,506,246,000 $3,342,129,000 $5,405,065,000
EBIT $2,094,299,000 $2,376,480,000 $2,372,073,000 $4,516,919,000
Diluted Average Shares $175,902,000 $176,038,000 $176,143,000 $176,280,000
Basic Average Shares $175,447,000 $175,351,000 $175,472,000 $175,257,000
Diluted NI Availto Com Stockholders $1,585,585,000 $1,872,685,000 $1,948,741,000 $4,142,288,000
Otherunder Preferred Stock Dividend $4,060,000 $4,623,000 $4,883,000 $12,469,000
Preferred Stock Dividends $194,703,000 $194,703,000 $194,703,000 $194,390,000
Minority Interests $-12,684,000 $-12,399,000 $-11,793,000 $-17,127,000
Tax Provision $-7,228,000 $4,669,000 $10,821,000 $14,326,000
Restructuring And Mergern Acquisition $24,425,000 $15,506,000 $26,451,000 $28,744,000
Gain On Sale Of Security $-210,611,000 $108,136,000 $-34,019,000 $99,817,000
Selling General And Administration $101,807,000 $106,677,000 $80,632,000 $71,672,000
Other Gand A $76,844,000 $77,969,000 $80,632,000 $71,672,000
Salaries And Wages $24,963,000 $28,708,000 $25,399,000 $37,865,000
Gain On Sale Of Business - $0 $0 $2,128,860,000
Gain On Sale Of Ppe - - - $1,503,000
Other Taxes - - - $16,086,000
Research And Development - - - $17,540,000
Fetched: 2026-07-13
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $8,996,515,000 $9,430,419,000 $9,625,911,000 $9,840,885,000
Total Assets $20,208,604,000 $19,754,934,000 $19,809,216,000 $17,552,307,000
Total Non Current Assets $19,748,401,000 $19,297,542,000 $19,439,214,000 $16,777,054,000
Other Non Current Assets $303,644,000 $272,212,000 $275,050,000 $230,822,000
Goodwill And Other Intangible Assets $251,613,000 $282,187,000 $387,267,000 $232,517,000
Other Intangible Assets $85,770,000 $116,344,000 $221,424,000 $66,674,000
Current Assets $460,203,000 $457,392,000 $370,002,000 $775,253,000
Receivables $142,108,000 $9,976,000 - -
Notes Receivable $142,108,000 $9,976,000 - -
Cash Cash Equivalents And Short Term Investments $318,095,000 $447,416,000 $370,002,000 $775,253,000
Cash And Cash Equivalents $318,095,000 $447,416,000 $370,002,000 $775,253,000
Debt
Net Debt $9,935,786,000 $8,905,618,000 $8,733,275,000 $6,095,573,000
Total Debt $10,253,881,000 $9,353,034,000 $9,103,277,000 $6,870,826,000
Long Term Debt And Capital Lease Obligation $10,253,881,000 $9,353,034,000 $9,103,277,000 $6,870,826,000
Long Term Debt $10,253,881,000 $9,353,034,000 $9,103,277,000 $6,870,826,000
Liabilities
Total Liabilities Net Minority Interest $10,866,770,000 $9,941,282,000 $9,702,270,000 $7,385,506,000
Total Non Current Liabilities Net Minority Interest $10,253,881,000 $9,353,034,000 $9,103,277,000 $6,870,826,000
Current Liabilities $612,889,000 $588,248,000 $598,993,000 $514,680,000
Payables And Accrued Expenses $612,889,000 $588,248,000 $598,993,000 $514,680,000
Equity
Common Stock Equity $4,898,128,000 $5,362,606,000 $5,663,178,000 $5,723,402,000
Preferred Stock Equity $4,350,000,000 $4,350,000,000 $4,350,000,000 $4,350,000,000
Total Equity Gross Minority Interest $9,341,834,000 $9,813,652,000 $10,106,946,000 $10,166,801,000
Stockholders Equity $9,248,128,000 $9,712,606,000 $10,013,178,000 $10,073,402,000
Gains Losses Not Affecting Retained Earnings $-47,799,000 $-71,965,000 $-67,239,000 $-80,317,000
Other Equity Adjustments $-47,799,000 $-71,965,000 $-67,239,000 $-80,317,000
Retained Earnings $-1,219,273,000 $-699,083,000 $-267,910,000 $-110,231,000
Long Term Equity Investment $388,586,000 $382,490,000 $390,180,000 $275,752,000
Preferred Securities Outside Stock Equity - - - -
Other
Preferred Shares Number $174,000,000 $174,000,000 $174,000,000 $174,000,000
Ordinary Shares Number $175,500,243 $175,408,393 $175,670,727 $175,265,668
Share Issued $175,500,243 $175,408,393 $175,670,727 $175,265,668
Tangible Book Value $4,646,515,000 $5,080,419,000 $5,275,911,000 $5,490,885,000
Invested Capital $15,152,009,000 $14,715,640,000 $14,766,455,000 $12,594,228,000
Working Capital $-152,686,000 $-130,856,000 $-228,991,000 $260,573,000
Total Capitalization $19,502,009,000 $19,065,640,000 $19,116,455,000 $16,944,228,000
Minority Interest $93,706,000 $101,046,000 $93,768,000 $93,399,000
Additional Paid In Capital $6,147,650,000 $6,116,113,000 $5,980,760,000 $5,896,423,000
Capital Stock $4,367,550,000 $4,367,541,000 $4,367,567,000 $4,367,527,000
Common Stock $17,550,000 $17,541,000 $17,567,000 $17,527,000
Preferred Stock $4,350,000,000 $4,350,000,000 $4,350,000,000 $4,350,000,000
Current Accrued Expenses $612,889,000 $588,248,000 $598,993,000 $514,680,000
Investments And Advances $388,586,000 $382,490,000 $390,180,000 $275,752,000
Investment Properties $18,610,203,000 $18,052,552,000 $18,041,264,000 $15,664,971,000
Goodwill $165,843,000 $165,843,000 $165,843,000 $165,843,000
Net PPE $194,355,000 $308,101,000 $345,453,000 $372,992,000
Gross PPE $194,355,000 $308,101,000 $345,453,000 $372,992,000
Construction In Progress $194,355,000 $308,101,000 $345,453,000 $372,992,000
Fetched: 2026-07-13
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $2,897,071,000 $2,708,231,000 $2,785,511,000 $2,657,368,000
Operating Activities
Operating Cash Flow $3,186,449,000 $3,128,255,000 $3,246,648,000 $3,117,141,000
Cash Flow From Continuing Operating Activities $3,186,449,000 $3,128,255,000 $3,246,648,000 $3,117,141,000
Operating Gains Losses $174,452,000 $-123,332,000 $6,164,000 $-2,334,907,000
Investing Activities
Capital Expenditure $-289,378,000 $-420,024,000 $-461,137,000 $-459,773,000
Investing Cash Flow $-1,685,089,000 $-1,002,638,000 $-3,538,502,000 $1,119,996,000
Cash Flow From Continuing Investing Activities $-1,685,089,000 $-1,002,638,000 $-3,538,502,000 $1,119,996,000
Net Other Investing Changes $-131,227,000 $-9,960,000 - -
Capital Expenditure Reported $-289,378,000 $-420,024,000 $-461,137,000 $-459,773,000
Financing Activities
Repurchase Of Capital Stock $0 $-200,000,000 $0 $0
Issuance Of Capital Stock $9,412,000 $107,599,000 $53,131,000 $278,103,000
Financing Cash Flow $-1,630,681,000 $-2,078,576,000 $-112,928,000 $-4,193,270,000
Cash Flow From Continuing Financing Activities $-1,630,681,000 $-2,078,576,000 $-112,928,000 $-4,193,270,000
Net Other Financing Charges $-41,615,000 $-26,757,000 $-33,751,000 $-49,381,000
Cash Dividends Paid $-2,303,381,000 $-2,301,935,000 $-2,305,322,000 $-3,908,497,000
Net Common Stock Issuance $9,412,000 $-92,401,000 $53,131,000 $35,271,000
Common Stock Issuance $9,412,000 $107,599,000 $53,131,000 $35,271,000
Dividends Received Cfi $0 $13,285,000 $10,975,000 $13,670,000
Dividend Received Cfo $1,823,000 $11,039,000 $29,333,000 $134,769,000
Net Preferred Stock Issuance - $0 $0 $242,832,000
Preferred Stock Issuance - $0 $0 $242,832,000
Other
Repayment Of Debt $-651,517,000 $-808,505,000 $-8,259,000 $-513,495,000
Issuance Of Debt $1,356,420,000 $1,151,022,000 $2,181,273,000 $0
Interest Paid Supplemental Data $273,007,000 $269,498,000 $146,213,000 $127,711,000
Income Tax Paid Supplemental Data $6,350,000 $6,877,000 $11,056,000 $11,293,000
End Cash Position $318,095,000 $447,416,000 $400,375,000 $805,157,000
Beginning Cash Position $447,416,000 $400,375,000 $805,157,000 $761,290,000
Changes In Cash $-129,321,000 $47,041,000 $-404,782,000 $43,867,000
Common Stock Payments $0 $-200,000,000 $0 $0
Net Issuance Payments Of Debt $704,903,000 $342,517,000 $2,173,014,000 $-513,495,000
Net Long Term Debt Issuance $704,903,000 $342,517,000 $2,173,014,000 $-513,495,000
Long Term Debt Payments $-651,517,000 $-808,505,000 $-8,259,000 $-513,495,000
Long Term Debt Issuance $1,356,420,000 $1,151,022,000 $2,181,273,000 $0
Net Investment Properties Purchase And Sale $-1,264,484,000 $-585,939,000 $-910,189,000 $-1,069,912,000
Sale Of Investment Properties $8,151,000 $8,388,000 $39,986,000 $1,543,000
Purchase Of Investment Properties $-1,272,635,000 $-594,327,000 $-950,175,000 $-1,071,455,000
Net Business Purchase And Sale $0 $0 $-2,178,151,000 $2,636,011,000
Purchase Of Business $0 $0 $-2,178,151,000 $0
Change In Working Capital $1,801,000 $-29,785,000 $18,901,000 $-9,051,000
Change In Other Current Assets $-24,639,000 $-44,968,000 $-16,365,000 $-29,638,000
Change In Payables And Accrued Expense $26,440,000 $15,183,000 $35,266,000 $20,587,000
Change In Accrued Expense $26,440,000 $15,183,000 $35,266,000 $20,587,000
Other Non Cash Items $15,251,000 $11,410,000 $20,508,000 $15,207,000
Stock Based Compensation $39,902,000 $44,747,000 $41,566,000 $56,703,000
Asset Impairment Charge $4,348,000 $0 $0 -
Depreciation Amortization Depletion $1,151,840,000 $1,129,766,000 $970,056,000 $888,146,000
Depreciation And Amortization $1,151,840,000 $1,129,766,000 $970,056,000 $888,146,000
Earnings Losses From Equity Investments $-9,604,000 $-19,821,000 $-27,897,000 $-106,981,000
Gain Loss On Investment Securities $-1,113,000 $-1,537,000 $-17,178,000 $-1,503,000
Net Foreign Currency Exchange Gain Loss $185,169,000 $-101,974,000 $51,239,000 $-97,563,000
Net Income From Continuing Operations $1,797,032,000 $2,084,410,000 $2,160,120,000 $4,366,274,000
Sale Of Business - $0 $0 $2,636,011,000
Gain Loss On Sale Of Business - $0 $0 $-2,128,860,000
Effect Of Exchange Rate Changes - - $0 $0
Proceeds From Stock Option Exercised - - $53,131,000 $35,271,000
Preferred Stock Payments - - $0 $0
Fetched: 2026-07-13