Public Storage (PSA)
Real Estate · Self-Storage REITs · US stock · S&P 500 component
$298.31
▲ +2.98 (1.01%)
Day's range
$296.01 – $301.89
52-week range
$249.06 – $332.14
About Public Storage
Public Storage is a real estate investment trust that owns and operates self-storage facilities, where individuals and businesses rent space to keep belongings, inventory and records. Its properties are located across the United States. Customers include households that are moving or downsizing, students and small businesses, and the company also offers tenant insurance and moving supplies.
Revenue consists mostly of monthly rent, with additional income from insurance and merchandise. It was $4.9 billion over the last twelve months, with growth of 4.9% a year across the last three years. The operating margin is 43.2%, and the business earns a profit of 10% on the capital invested in it. Net debt is 3.0 times EBITDA. The dividend yield is 4.0%. On the site's X-Ray Score it receives 48 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $249.06 – $332.14Volume 739,000Daily, split-adjusted
Vitals
Market cap$52.7B
52-week range$249.06 – $332.14
Volume (last day)739,000
P/E (TTM)25.7
EBIT / EV yield3.4%
Free-cash-flow yield–
Dividend yield4.0%
Revenue (TTM)$4.9B
Net income (TTM)$2.0B
Operating margin43.2%
Return on capital10.0%
Debt incl. leases$10.2B
Cash & securities$260M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
Not rated
REIT valuation (FFO multiples + DDM) not built yet: not rated
What this means
Read the lenses below
A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Real Estate peers. Open a lens to see the numbers behind it.
Valuation
Weak
40/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield3.4%
Growth
Weak
38/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)4.9%
EPS growth (3y)-27.4%
Growth consistency100%
Profitability
Fair
61/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital10.0%
Operating margin43.2%
Financial health
Fair
63/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA3.0×
Interest cover6.5×
Dividends
Weak
26/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield4.0%
Quarterly results: last 6 quarters
+2.2%
Mar '25
+2.4%
Jun '25
+3.1%
Sep '25
+3.3%
Dec '25
+2.9%
Mar '26
+2.6%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $1.2B, diluted EPS $2.55.
Compare with peers
EXR Extra Space Storage In...63Other Self-Storage REITs companies by X-Ray Score.
Fundamentals checklist
● 6 Good · ● 2 Average · ● 2 BadCash quality
Earnings backed by cashGood
Risk models
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyGood
Balance sheet
Net debt / EBITDAGood
Interest coverGood
Valuation
EBIT / EV yieldAverage
Profitability
Return on invested capitalGood
Operating marginGood
Each check is graded against the company's sector, not a fixed number. Checklist score 62/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $3.4B | $4.2B | $4.5B | $4.7B | $4.8B |
| Operating income | $2.1B | $4.5B | $2.4B | $2.4B | $2.1B |
| Net income | $2.0B | $4.3B | $2.1B | $2.1B | $1.8B |
| Operating cash flow | $2.5B | $3.1B | $3.2B | $3.1B | $3.2B |
| Operating margin | 60.4% | 108.0% | 52.5% | 50.6% | 43.4% |
| Free cash flow | – | – | – | – | – |
| Diluted EPS | $9.87 | $23.50 | $11.06 | $10.64 | $9.01 |
Fiscal years, from SEC filings.
Technical summary
Daily
Neutral
8 bullish · 1 neutral · 7 bearish
Weekly
Neutral
6 bullish · 1 neutral · 5 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 288.5 | Bullish |
| EMA 10 | 290.5 | Bullish |
| SMA 20 | 287.6 | Bullish |
| EMA 20 | 290.5 | Bullish |
| SMA 50 | 300.5 | Bearish |
| EMA 50 | 296.9 | Bullish |
| SMA 100 | 307.6 | Bearish |
| EMA 100 | 300.0 | Bearish |
| SMA 200 | 296.0 | Bullish |
| EMA 200 | 296.5 | Bullish |
Oscillators (daily)
| RSI (14) | 58.65 | Neutral |
| MACD (12, 26) | -1.63 | Bearish |
| Momentum (12) | 5.47 | Bullish |
| Stochastic %K (14) | 83.63 | Bearish |
| Williams %R (14) | -16.37 | Bearish |
| CCI (20) | 201.3 | Bearish |
Pivot points (classic, last session)
S3 289.7 | S2 292.9 | S1 295.6 | Pivot 298.7 | R1 301.5 | R2 304.6 | R3 307.3 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
12.00 USD
Yield on today's price
4.02%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 15 Sep 2026 | 3.0000 |
| 15 Jun 2026 | 3.0000 |
| 16 Mar 2026 | 3.0000 |
| 15 Dec 2025 | 3.0000 |
| 15 Sep 2025 | 3.0000 |
| 12 Jun 2025 | 3.0000 |
| 13 Mar 2025 | 3.0000 |
| 13 Dec 2024 | 3.0000 |
| 13 Sep 2024 | 3.0000 |
| 12 Jun 2024 | 3.0000 |
| 12 Mar 2024 | 3.0000 |
| 12 Dec 2023 | 3.0000 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
PSA SEC filings
16 Sep 2026
8-KSEC EDGAR
Entered a material agreement
14 Sep 2026
8-KSEC EDGAR
Regulation FD disclosure
10 Sep 2026
8-KSEC EDGAR
Entered a material agreement
10 Sep 2026
424B5SEC EDGAR
424B5
9 Sep 2026
424B5SEC EDGAR
424B5
1 Sep 2026
8-KSEC EDGAR
Regulation FD disclosure; Other events
10 Aug 2026
8-KSEC EDGAR
Director or officer change
29 Jul 2026
10-QSEC EDGAR
Quarterly report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.