PSA
Public Storage
Price Chart
Latest Quote
$318.12
| Previous Close | $312.58 |
| Open | $318.72 |
| Day High | $320.31 |
| Day Low | $314.61 |
| Volume | 1,250,165 |
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 | $55.86B |
| P/E Ratio | 32.90 |
| EPS (TTM) | $9.67 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $70.19B |
| Sales | $4.87B |
| Income | $1.70B |
| Book/sh | $27.91 |
| Cash/sh | $0.77 |
| Employees | 6K |
Financial Ratios
| Quick Ratio | 0.09 |
| Current Ratio | 0.19 |
| Debt/Eq | 107.65 |
| EPS Growth TTM | 29.10% |
Returns & Margins
| ROA | 7.21% |
| ROE | 20.18% |
| Gross Margin | 74.77% |
| Operating Margin | 46.03% |
| Profit Margin | 39.06% |
Ownership
| Insider Ownership | 10.17% |
| Institutional Ownership | 87.27% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 30.36 |
| PEG | 4.63 |
| P/S | 11.47 |
| P/B | 11.40 |
Analyst Data
| Recommendation | buy |
| Target Price | $328.25 |
Technical Indicators
| SMA20 | $309.12 |
| SMA50 | $303.70 |
| SMA200 | $283.63 |
| RSI | 66.07 |
| ATR | 7.1810 |
| Shares Float | 157.43M |
| Short Float | 5.03% |
| Short Ratio | 7.52 |
| Volatility | 0.96 |
| Rel Volume | 1.34 |
Performance History
| Week | -1.12% |
| Month | +7.94% |
| Quarter | +15.77% |
| 6 Months | +21.26% |
| YTD | +25.50% |
| Year | +12.82% |
| 3 Years | +26.04% |
| 5 Years | +34.78% |
| 10 Years | +97.15% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $318.12 | 1,253,400 |
| 2026-06-17 | $312.58 | 804,300 |
| 2026-06-16 | $320.17 | 821,800 |
| 2026-06-15 | $320.98 | 1,204,900 |
| 2026-06-12 | $322.94 | 876,100 |
| 2026-06-11 | $321.72 | 1,117,000 |
| 2026-06-10 | $320.89 | 1,629,200 |
| 2026-06-09 | $319.89 | 1,292,900 |
| 2026-06-08 | $308.22 | 696,500 |
| 2026-06-05 | $306.83 | 842,900 |
| 2026-06-04 | $303.84 | 782,300 |
| 2026-06-03 | $299.19 | 823,600 |
| 2026-06-02 | $296.39 | 663,100 |
| 2026-06-01 | $293.08 | 731,200 |
| 2026-05-29 | $300.89 | 1,493,600 |
| 2026-05-28 | $306.40 | 768,000 |
| 2026-05-27 | $303.97 | 747,300 |
| 2026-05-26 | $301.67 | 929,300 |
| 2026-05-22 | $302.44 | 675,500 |
| 2026-05-21 | $302.18 | 605,200 |
| 2026-05-20 | $300.08 | 896,700 |
| 2026-05-19 | $294.73 | 1,036,800 |
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.
đ° Latest News
Public Storage (PSA) Stock Valuation Check After Recent Share Price Momentum
Simply Wall St. âĸ 2026-06-15T21:14:00ZAMT vs. PSA: Which Stock Is the Better Value Option?
Zacks âĸ 2026-06-15T15:40:06ZBaron Real Estate Fund Added Public Storage (PSA) Ahead of Inflection
Insider Monkey âĸ 2026-06-15T13:00:50ZBeat the Market Like Zacks: FirstCash, Cisco, Bread Financial in Focus
Zacks âĸ 2026-06-15T12:36:00ZIs Extra Space Storage Stock Underperforming the S&P 500?
Barchart âĸ 2026-06-11T12:43:00ZIs Public Storage Stock Still Worth Watching After a 19.9% YTD Gain?
Zacks âĸ 2026-06-09T16:01:00ZPublic Storage Looks Good But Buy This Unstoppable REIT Wealth Creator as National Debt Soars
24/7 Wall St. âĸ 2026-06-08T00:22:43ZIs Public Storage Stock Underperforming the Dow?
Barchart âĸ 2026-06-06T06:03:01ZCrown Castle (CCI) Soars 5.8%: Is Further Upside Left in the Stock?
Zacks âĸ 2026-06-05T13:11:00ZWhy The Narrative Around Public Storage (PSA) Is Shifting Despite Unchanged Analyst Targets
Simply Wall St. âĸ 2026-06-01T18:10:55ZIncome 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 |
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 |
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 |