Stock · PSA · Real Estate
United States · Large Cap · listed since 1980 · Revenue 12 mo. $5B
Price as of 11/06/2026
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities.
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At September 30, 2026, the firm: (i) owned and/or operated 4,764 self-storage facilities with approximately 339 million net rentable square feet located in 42 states, Puerto Rico and Canada and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 338 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand. Public Storage headquarters are in Frisco, Texas. Public Storage was incorporated in 1972 in Maryland.
Original text from the data provider
Summary
57.8 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €2.6B (2025), it supports €28.9B. The remaining €26.3B of the market value assume it grows 9.1% a year for 10 years and not at all afterwards.
Required FCF growth per year
9.1%
no growth afterwards
Price to operating cash flow 20.8×, above its usual range.
Middle half of 20 quarters: 15.8× to 17.5×, median 16.6×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
No indication in the stored figures.
with respect to the priced-in expectation
Since the last quarter
Q2 → Q3 2026
2 more unchanged: Revenue, 12 mo., Gross margin
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 19.29% | 7.47% | Rank 94 |
| Return on capital (Greenblatt) | 1,159.90% | 30.55% | Rank 92 |
| EBIT margin | 46.73% | 45.85% | Rank 51 |
| FCF margin | 60.05% | 37.62% | Rank 86 |
| Gross margin | 24.96% | 55.39% | Rank 18 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 2.74% | 6.62% | Rank 28 |
| Earnings growth, 3 years per year | −25.64% | 3.56% | Rank 10 |
| Earnings growth, 5 years per year | 5.47% | 4.17% | Rank 54 |
| Sustainable growth (ROE × retained earnings) | 6.00% | 2.49% | Rank 60 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 3.01% | 5.58% | Rank 24 |
| FCF yield | 4.71% | 4.79% | Rank 48 |
| EV/saleslower is better | 14.80 | 12.03 | Rank 25 |
| EV/EBITlower is better | 31.67 | 23.23 | Rank 28 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 13.57% | −13.68% | Rank 91 |
| Share price, 6 months | 8.98% | −6.91% | Rank 88 |
| Share price, 3 months | 7.89% | 0.34% | Rank 78 |
| Distance from 52-week high | −1.55% | −18.73% | Rank 97 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 1.42% | 3.12% | Rank 62 |
| Change in share countlower is better | −0.08% | 0.26% | Rank 75 |
| Dividend streak in years | 2 | 4 | Rank 48 |
| Price reaction to results, market-adjusted | 1.13% | −0.47% | Rank 68 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 45.76% | 46.36% | Rank 48 |
| Net debt/EBITDAlower is better | 3.06 | 6.62 | Rank 89 |
| Debt to equitylower is better | 1.11 | 0.92 | Rank 36 |
| Volatility, 1 yearlower is better | 23.52% | 25.05% | Rank 58 |
Ten years in figures
| Year | Revenue, $B | EBIT margin | FCF, $B | Shares | Net debt |
|---|---|---|---|---|---|
| 2016 | 2.6 | 53.7% | 1.6 | 174M | $207.1M |
| 2017 | 2.7 | 53.3% | 1.9 | 174M | $997.9M |
| 2018 | 2.8 | 51.2% | 1.9 | 174M | $1.1B |
| 2019 | 2.9 | 51.4% | 1.9 | 175M | $1.5B |
| 2020 | 2.9 | 48.4% | 1.9 | 175M | $2.3B |
| 2021 | 3.4 | 49.9% | 2.3 | 176M | $6.7B |
| 2022 | 4.2 | 54.4% | 2.7 | 176M | $6.1B |
| 2023 | 4.5 | 51.3% | 2.8 | 176M | $8.7B |
| 2024 | 4.7 | 46.9% | 2.7 | 176M | $8.9B |
| 2025 | 4.8 | 46.7% | 2.9 | 176M | $9.9B |
3 of 7 StockScorer Score rules met · How the score is built
Public Storage mainly meets criteria in the Profitability category. Result from 18 strategies checked.
This is how the StockScorer Score strategy, the flagship rule set, calculates the points for Public Storage. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
3 of 7 rules met
5 of 11 points
The rule “Exclusion: financial and real estate stocks” applies. The stock is therefore not rated regardless of the points scored.
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Public Storage.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 33.3 | 16.4 |
| P/B ratio | 6.4 | 1.0 |
| Return on equity (ROE) | 19.3% | 7.5% |
| Equity ratio | 45.8% | 46.4% |
| Debt-to-equity (D/E) | 1.11 | 0.92 |
| Dividend yield | 3.6% | 4.2% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| PSA | Public Storagethis page | |
| EXR | Extra Space Storage Inc | Low5.5 |
| PLD | Prologis Inc | Low1.8 |
| SGRO.L | Segro Plc | locked |
| LMP.L | LondonMetric Property Plc | locked |
| BBOX.L | Tritax Big Box REIT plc | locked |
Signed up in 30 seconds, free.
Learn more about the metrics in the metrics glossary or all rated stocks in the stock overview.
How StockScorer rates every stock is explained on the methodology page.