Public Storage (psa)
PSA — Company Overview
Public Storage (PSA) trades on NYQ as part of the Real Estate peer group (REIT - Industrial).
| Ticker | PSA |
| Sector | Real Estate |
| Industry | REIT - Industrial |
| Exchange | NYQ |
| Market cap | $53.58B |
| Last price | $286.73 |
| Size category | Large Cap |
PSA — Business Description
PSA represents a REIT - Industrial business in the Real Estate segment. Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2026, The firm: (i) owned and/or operated 3,584 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 335 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand. Public Storage is headquartered in Frisco, Texas. Public Storage was incorporated in 1972 in Maryland.
Official website: https://www.publicstorage.com.
PSA — Investment Thesis
At a high level, PSA offers exposure to Real Estate with metrics outlined below from public market data.
- Revenue is expanding at roughly 3.3% year-over-year (public data).
- Trailing P/E of 27.33× sits in a moderate band relative to high-growth peers.
- Dividend yield near 4.1% adds an income component to total return.
- Equity market capitalization is approximately $53.58B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
PSA — Financial Health
Key financial health indicators for Public Storage are derived exclusively from public data — no proprietary estimates.
Profit margin of 41.6% indicates solid bottom-line conversion. Positive free cash flow of $2.33B supports balance-sheet flexibility. Debt-to-equity of 109.63 warrants monitoring in a higher-rate environment.
| Trailing P/E | 27.33× |
| Forward P/E | 28.04× |
| Price / Sales | 10.91× |
| Price / Book | 10.40× |
| Gross margin | 74.4% |
| Operating margin | 45.7% |
| Profit margin | 41.6% |
| Return on equity | 21.9% |
| Debt / Equity | 109.63 |
| Free cash flow | $2.33B |
PSA — Growth Outlook
Growth outlook for Public Storage (PSA) depends on demand trends in REIT - Industrial and the company's ability to convert revenue into sustainable earnings.
- Revenue growth of 3.3% suggests steady but measured expansion.
- Earnings growth of 45.1% year-over-year supports improving profitability.
- Price is 14.5% below the 52-week high.
- Shares trade 11.8% above the 52-week low — limited rebound so far.
PSA — Competitive Position
Public Storage (PSA) is evaluated against peers on scale, margin structure, and capital efficiency within Real Estate.
- Competes within Real Estate, specifically in REIT - Industrial.
- Market capitalization of $53.58B places PSA among large-cap peers.
- Gross margin near 74.4% may reflect pricing power or favorable mix.
PSA — Strengths
Strengths for Public Storage (PSA) inferred from public financial metrics:
- Earnings growth of 45.1% year-over-year.
- Return on equity near 21.9% — efficient use of shareholder capital.
- Gross margin of 74.4% supports competitive unit economics.
- Positive free cash flow ($2.33B).
- Dividend yield of 4.1% for income-oriented holders.
- Large Cap scale ($53.58B) may provide distribution and funding advantages.
PSA — Weaknesses
Weaknesses and pressure points for Public Storage (PSA) based on available data:
Insufficient public data to assess this factor.
PSA — Opportunities
- Trading 11.8% above the 52-week low — potential recovery if fundamentals stabilize.
- Dividend yield of 4.1% appeals to total-return investors.
- Positive free cash flow enables reinvestment, debt reduction, or shareholder returns.
PSA — Risks
- Standard market, regulatory, competitive, and execution risks apply to all public equities.
PSA — Summary
Public Storage (PSA) is a large-cap Real Estate company focused on REIT - Industrial, listed on NYQ. Last price $286.73 with market cap $53.58B. Trailing P/E 27.33×. Revenue grew 3.3% year-over-year per public data. Notable strengths include earnings growth of 45.1% year-over-year. Premium Terminal tools for Public Storage add ownership analytics, news, and richer estimate history beyond this public summary.
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Public Storage FAQ
What does Public Storage (PSA) do?
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2026, The firm: (i) owned and/or operated 3,584 self-storage facilities located in 40 states with approximately 259 million net rentable…
What is PSA's P/E ratio?
Public Storage has a trailing P/E of 27.33× based on publicly available market data.
Does PSA pay a dividend?
Indicated dividend yield: 4.1%. Confirm ex-dates and payout history in Vest Terminal.
What sector is PSA in?
Public Storage is classified in Real Estate (REIT - Industrial) on NYQ.
What is PSA's market capitalization?
Approximate market cap: $53.58B.
What are the main risks for PSA?
Standard market, competitive, and execution risks apply; see the Risks section.
What are the strengths of PSA?
Potential positives include earnings growth of 45.1% year-over-year, return on equity near 21.9% — efficient use of shareholder capital.
Where can I get analyst estimates for PSA?
Public analyst price targets and consensus for Public Storage are on the free /stocks/psa/estimates page. Deeper estimate history and models are available in Vest Terminal.