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 …
What to know about PSA
Public Storage is a large Real Estate company with a mixed financial profile. It scores well on profitability and cash flow, but valuation is worth keeping an eye on.
Should you consider PSA?
Based on 31 financial metrics and sector comparison. Not financial advice.
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Public Storage is a large-cap Real Estate company with a mixed overall financial profile — it sits in the upper half of Real Estate stocks (12 of 31).
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Profit margins are a clear strength, though the balance sheet warrants a closer look — make sure the debt levels are manageable.
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The stock trades at a premium — investors are paying more per dollar of earnings than most S&P 500 companies. That's fine if strong growth justifies it, but leaves little room for disappointment.
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Growth has been slower than most peers. That's not necessarily a dealbreaker, but it means the investment case rests more on current earnings than future expansion.
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This stock pays no dividend — your return depends entirely on the share price rising over time.
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Volatility is close to the S&P 500 average — typical market swings, nothing unusual.
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Analyst sentiment is cautious and short interest is relatively elevated — meaning some professional investors are actively betting the price will fall. Worth understanding why.
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There are several areas of concern. This may suit investors with a higher risk tolerance or a specific contrarian view on the Real Estate sector.
At a glance
How it scores
We look at 31 different financial metrics and group them into categories. Here's how PSA compares to the other S&P 500 stocks.
Dive deeper — all 31 metrics 9 categories · valuation, growth, health, dividends & more Show all Hide
Valuation
Is the stock cheap or expensive relative to its earnings, sales, and assets? Lower multiples often mean better value.
| Metric | Value | vs S&P 500 |
|---|---|---|
| P/E Ratio (Trailing) | 32.90 | Average |
| Forward P/E | 30.36 | Below avg |
| PEG Ratio | 4.66 | Below avg |
| Price to Sales | 11.47 | Below avg |
| Price to Book | 11.40 | Below avg |
| EV/EBITDA | 20.54 | Average |
| Earnings Yield | 3.04% | Average |
Profitability
How efficiently does the company turn revenue into profit? Higher margins mean more money kept from each dollar earned.
| Metric | Value | vs S&P 500 |
|---|---|---|
| Gross Margin | 74.77% | Top 25% |
| Operating Margin | 46.03% | Top 25% |
| Net Profit Margin | 39.06% | Top 25% |
| Return on Equity | 20.18% | Above avg |
| Return on Invested Capital | 7.21% | Above avg |
Growth
How fast is the business expanding? Strong growth in revenue and earnings signals increasing market demand.
| Metric | Value | vs S&P 500 |
|---|---|---|
| Revenue Growth (YoY) | 3.20% | Below avg |
| Revenue Growth (3Y CAGR) | 4.88% | Average |
| EPS Growth (YoY) | 32.80% | Above avg |
| Free Cash Flow Growth | 6.97% | Above avg |
Health
Can the company cover its debts and obligations? A healthy balance sheet reduces the risk of financial trouble.
| Metric | Value | vs S&P 500 |
|---|---|---|
| Current Ratio | 0.19 | Below avg |
| Debt to Equity | 1.08 | Average |
| Interest Coverage | 6.88 | Average |
| Altman Z-Score | 3.57 | Above avg |
Dividends
Does the company pay shareholders, and is that payment growing and sustainable?
| Metric | Value | vs S&P 500 |
|---|---|---|
| Dividend Yield | — | N/A |
| Payout Ratio | — | N/A |
| Dividend Growth (5Y) | -5.59% | Above avg |
Cash Flow
Is real cash flowing into the business — not just accounting profits? Strong cash flow funds growth and dividends.
| Metric | Value | vs S&P 500 |
|---|---|---|
| Free Cash Flow Yield | 5.15% | Above avg |
| OCF to Sales | 65.37% | Top 25% |
Risk
How volatile is the stock compared to the broader market? Lower beta and volatility mean a smoother ride.
| Metric | Value | vs S&P 500 |
|---|---|---|
| Beta (1-Year) | 0.96 | Average |
| Volatility (30-Day) | 23.65% | Top 25% |
Sentiment
What do analysts and short-sellers think? High analyst ratings and low short interest signal broad confidence.
| Metric | Value | vs S&P 500 |
|---|---|---|
| Short % of Float | 5.03% | Average |
| Avg. Analyst Rating | 2.42 | Below avg |
| Target Upside % | 2.71% | Below avg |
Size
How large is the company by market value? Size affects stability, growth potential, and index inclusion.
| Metric | Value | vs S&P 500 |
|---|---|---|
| Market Capitalization | 55.86B | Above avg |
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