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StockVS

NYSE · REIT - Industrial · USD

Public Storage (PSA) Stock Analysis

Public Storage (PSA) is a REIT - Industrial stock listed on NYSE and quoted in US Dollar.

PSA

$302.01

−$3.72 (−1.22%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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PSA Key Statistics

As of Sep 4, 2026
Trading
Open
$304.78
Previous Close
$305.73
Day's Range
301.60–306.50
52-Week Range
256.54–335.55
Volume
512.10K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.94
Valuation
Market Cap
$56.40B
P/E Ratio
28.82
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
29.85
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
4.62
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
11.49
EPS (ttm)Profit attributable to each share over the last twelve months.
10.48
Financials (FY)
Revenue (FY)
$4.82B+2.74%
Net Income (FY)
$1.78B−13.88%
Profit marginThe share of revenue left as profit after all costs and taxes.
41.63%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
186.75M
1-Year Return
+7.64%
Dividend and dates
Dividend
$12.00+3.97%
Ex-Dividend Date
September 15, 2026
Earnings Date
October 28, 2026estimated
Avg Volume
1.03M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

PSA Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+18.66%
2025−9.69%
2024+2.09%
2023+13.60%
2022−20.20%
2021+66.63%
2020+12.69%
2019+8.96%
2018+0.62%
2017−2.89%
2016 (partial year)−1.33%

As of September 4, 2026.

PSA Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$4.82B$1.78B37.0%
2024$4.70B$2.07B44.1%
2023$4.52B$2.15B47.6%
2022$4.18B$4.35B104.0%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$4.82B$3.51B$2.26B$1.78B37.0%
2024$4.70B$3.44B$2.20B$2.07B44.1%
2023$4.52B$3.37B$2.32B$2.15B47.6%
2022$4.18B$3.13B$2.17B$4.35B104.0%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

PSA Dividend History

$12.00+0.0% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$6.002—
2025$12.004+0.0%
2024$12.004+0.0%
2023$12.004−43.3%
YearDividends per sharePaymentsChange
2026 (partial year)$6.002—
2025$12.004+0.0%
2024$12.004+0.0%
2023$12.004−43.3%
2022$21.155+164.4%
2021$8.004+0.0%
2020$8.004+0.0%
2019$8.004+0.0%
2018$8.004+0.0%
2017$8.004+110.5%
2016$3.802—

Most recent payment: $3.00 per share, ex-dividend June 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

PSA Valuation vs REIT - Industrial Median

Median of 18 stocks
MetricPSAREIT - Industrial medianvs median
P/E28.8229.793% below
P/S ratio11.498.4536% above
Profit margin41.63%27.67%14.0 pts above

Medians across 18 REIT - Industrial stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Public Storage (PSA) at $56.40B. The company sits in the Real Estate sector, in the REIT - Industrial industry. Headcount on file is 5,770.

The most recent close on file for PSA is $302.01, dated September 4, 2026. That is −$3.72 (−1.22%) against the previous close. Over the past 52 weeks the price has ranged from $256.54 to $335.55. The latest close sits 17.72% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $4.82B. Against the prior fiscal year total of $4.70B, that is a change of +2.74%. The same year closed with net income of $1.78B. That is −13.88% against the prior fiscal year. Profit margin runs at 41.63%. That is 14 percentage points above the REIT - Industrial median of 27.67%. Earnings per share on a trailing basis come to 10.48.

Across the 4 fiscal years on file, revenue moves from $4.18B in 2022 to $4.82B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 28.82. That is 3.24% below the REIT - Industrial median of 29.79. The forward P/E on file is 29.85. The PEG ratio, which sets the P/E against expected earnings growth, reads 4.62. The price-to-sales ratio is 11.49. On price-to-sales that is 35.91% above the REIT - Industrial median of 8.45. 18 REIT - Industrial companies report these metrics, and the medians quoted come from that group.

Over the trailing twelve months the price has returned +7.64%. Across 10 years the annualized return works out at +7.12%. The reported beta is 0.94. Daily returns over the trailing 10 years annualize to a volatility of 23.54%.

Growth & Income

Shareholders receive a dividend, yielding 3.97% on the latest price. That is 0.6 percentage points below the REIT - Industrial median yield of 4.61%. At the indicated rate that is $12.00 a share a year. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 11 calendar years; 2026 shows 2 payments totalling $6.00 a share. The year before, 2025, totalled $12.00 a share.

Across the complete calendar years on file, 2021 returned +66.63% and 2022 returned −20.20%. Of the 9 complete calendar years on file, 6 finished higher. 2026 is still running; the price is +18.66% year to date.

Peer Comparison

Public Storage (PSA) operates in the REIT - Industrial industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Public Storage PSA $56.40B 28.8
Prologis, Inc. PLD $133.51B 30.6
Extra Space Storage Inc. EXR $30.73B 31.1
EastGroup Properties, Inc. EGP $10.68B 34.9

The REIT - Industrial industry average P/E ratio is 29.8x. Public Storage trades at a P/E of 28.8.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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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 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.

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