Public Storage (PSA) Stock Price

Public Storage Price

🇺🇸NYSE·CLOSED
311.08USD
Market closed
Today +/-
Today %

Public Storage (PSA) Stock | ISIN US74460D1090 | WKN 867609. The current Public Storage stock price is 311.08 USD (2026). Revenue is 4.98 B USD. Net income is 1.8 B USD. The P/E ratio is 30.4. Market capitalization is 54.72 B USD. Public Storage operates in the Real Estate sector.

Public Storage stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Public Storage over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Public Storage stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Public Storage's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Public Storage Stock Price History
DatePublic Storage Price
Access this data via the Eulerpool API

Public Storage Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
1.38 B USD
360.6 M USD
46.9 M USD
Jan 1, 2007
1.78 B USD
474.9 M USD
199 M USD
Jan 1, 2008
1.72 B USD
694.6 M USD
705.8 M USD
Jan 1, 2009
1.61 B USD
696.1 M USD
834.6 M USD
Jan 1, 2010
1.63 B USD
693.6 M USD
672 M USD
Jan 1, 2011
1.74 B USD
768.6 M USD
561.7 M USD
Jan 1, 2012
1.84 B USD
875.7 M USD
669.7 M USD
Jan 1, 2013
1.96 B USD
954.7 M USD
844.7 M USD
Jan 1, 2014
2.18 B USD
1.06 B USD
908.2 M USD
Jan 1, 2015
2.38 B USD
1.25 B USD
1.05 B USD
Jan 1, 2016
2.56 B USD
1.38 B USD
1.18 B USD
Jan 1, 2017
2.67 B USD
1.43 B USD
1.17 B USD
Jan 1, 2018
2.76 B USD
1.42 B USD
1.49 B USD
Jan 1, 2019
2.86 B USD
1.47 B USD
1.27 B USD
Jan 1, 2020
2.92 B USD
1.42 B USD
1.1 B USD

Public Storage Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 12:51 PM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Public Storage generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Public Storage retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Public Storage's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Public Storage has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Public Storage's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Public Storage stock margins

The Public Storage margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Public Storage. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Public Storage.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
64.01 %
26.15 %
3.4 %
Jan 1, 2007
64.71 %
26.64 %
11.16 %
Jan 1, 2008
67.8 %
40.41 %
41.07 %
Jan 1, 2009
66.62 %
43.31 %
51.92 %
Jan 1, 2010
66.54 %
42.52 %
41.19 %
Jan 1, 2011
67.71 %
44.28 %
32.36 %
Jan 1, 2012
69.83 %
47.53 %
36.35 %
Jan 1, 2013
71.52 %
48.59 %
42.99 %
Jan 1, 2014
71.83 %
48.71 %
41.71 %
Jan 1, 2015
73.32 %
52.5 %
44.22 %
Jan 1, 2016
73.87 %
53.97 %
46.24 %
Jan 1, 2017
73.47 %
53.59 %
43.9 %
Jan 1, 2018
72.56 %
51.54 %
53.96 %
Jan 1, 2019
71.52 %
51.65 %
44.58 %
Jan 1, 2020
70.24 %
48.75 %
37.68 %

Public Storage Stock Revenue, EBIT, Earnings per Share

The Public Storage earnings per share therefore indicates how much revenue Public Storage has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
9.6 USD
2.51 USD
0.33 USD
Jan 1, 2007
10.49 USD
2.8 USD
1.17 USD
Jan 1, 2008
10.19 USD
4.12 USD
4.18 USD
Jan 1, 2009
9.52 USD
4.12 USD
4.94 USD
Jan 1, 2010
9.61 USD
4.08 USD
3.96 USD
Jan 1, 2011
10.16 USD
4.5 USD
3.29 USD
Jan 1, 2012
10.73 USD
5.1 USD
3.9 USD
Jan 1, 2013
11.38 USD
5.53 USD
4.89 USD
Jan 1, 2014
12.58 USD
6.13 USD
5.25 USD
Jan 1, 2015
13.73 USD
7.21 USD
6.07 USD
Jan 1, 2016
14.72 USD
7.95 USD
6.81 USD
Jan 1, 2017
15.32 USD
8.21 USD
6.73 USD
Jan 1, 2018
15.83 USD
8.16 USD
8.54 USD
Jan 1, 2019
16.36 USD
8.45 USD
7.29 USD
Jan 1, 2020
16.7 USD
8.14 USD
6.29 USD

Public Storage business model & stock analysis

Public Storage is a US self-storage chain that was founded in California in 1972. The company's headquarters is in Glendale, California, and it now operates over 2,500 locations in the US, Europe, and Asia. Public Storage is known for its red buildings and offers rental storage spaces for personal and business use. The company provides secure and temperature-controlled storage options, as well as insurance for stored items. It serves individuals, businesses, and military personnel, offering various sizes of storage units and additional services such as moving trucks and online booking options. Public Storage is committed to environmental sustainability and promotes energy efficiency and recycling. Overall, Public Storage is a reliable and flexible partner for individuals and businesses in need of additional storage space.

Public Storage SWOT Analysis

Strengths

  • Leading brand reputation in the self-storage industry with a strong market presence.
  • Wide geographical coverage providing convenience to a large customer base.
  • Diverse range of storage unit sizes and features catering to various customer needs.
  • Robust financial performance and consistent revenue growth.

Weaknesses

  • Vulnerability to economic downturns as demand for storage may decrease.
  • High competition within the self-storage industry, leading to potential price wars.
  • Potential lack of differentiation as competitors offer similar services.
  • Dependency on third-party vendors and suppliers for maintenance and security services.

Opportunities

  • Expansion into international markets with growing demand for self-storage facilities.
  • Increasing utilization of storage units by businesses for inventory management.
  • Technological advancements for improved security systems and digital customer experiences.
  • Acquisition or partnership opportunities to strengthen market position and diversify services.

Threats

  • Economic recessions impacting consumer spending and reducing demand for storage.
  • New entrants in the self-storage market offering competitive pricing and innovative solutions.
  • Changing customer preferences and behaviors towards alternative storage options.
  • Stringent regulations and compliance requirements affecting storage facility operations.

Public Storage Segments

Public Storage Revenue by Segment (1/3)

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Self-Storage Operations
Ancillary operations
Details
Date
Self-storage facilities
Self-Storage Operations
Ancillary operations
Jan 1, 2014
0 USD
0 USD
0 USD
Jan 1, 2015
0 USD
0 USD
0 USD
Jan 1, 2016
0 USD
0 USD
0 USD
Jan 1, 2017
0 USD
0 USD
0 USD
Jan 1, 2018
0 USD
2.6 B USD
156.67 M USD
Jan 1, 2019
0 USD
2.68 B USD
162.27 M USD
Jan 1, 2020
0 USD
2.72 B USD
193.44 M USD

Public Storage Revenue by Segment (2/3)

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Self-Storage Operations
Ancillary Operations
Other Items Not Allocated To Segments
Public Storage's investment in PS Business Parks
Details
Date
Self-Storage Operations
Ancillary Operations
Other Items Not Allocated To Segments
Public Storage's investment in PS Business Parks
Jan 1, 2014
0 USD
0 USD
129.8 M USD
15.72 M USD
Jan 1, 2015
2.24 B USD
146.17 M USD
0 USD
0 USD
Jan 1, 2016
2.41 B USD
154.72 M USD
0 USD
0 USD
Jan 1, 2017
2.51 B USD
156.1 M USD
0 USD
0 USD
Jan 1, 2018
2.6 B USD
156.67 M USD
0 USD
0 USD
Jan 1, 2019
2.68 B USD
162.27 M USD
0 USD
0 USD
Jan 1, 2020
2.72 B USD
193.44 M USD
0 USD
0 USD

Public Storage Revenue by Segment (3/3)

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Domestic self-storage rental operations
Details
Date
Domestic self-storage rental operations
Jan 1, 2014
2.05 B USD
Jan 1, 2015
0 USD
Jan 1, 2016
0 USD
Jan 1, 2017
0 USD
Jan 1, 2018
0 USD
Jan 1, 2019
0 USD
Jan 1, 2020
0 USD

Public Storage Eulerpool Fair Value

Public Storage historical P/E ratio, EBIT multiple, and P/S ratio

Public Storage annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Public Storage shares outstanding

The number of shares was Public Storage in 2025 — This indicates how many shares 175.902 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
143.7 M base_Shares
Jan 1, 2007
169.9 M base_Shares
Jan 1, 2008
168.7 M base_Shares
Jan 1, 2009
168.8 M base_Shares
Jan 1, 2010
169.8 M base_Shares
Jan 1, 2011
170.8 M base_Shares
Jan 1, 2012
171.7 M base_Shares
Jan 1, 2013
172.7 M base_Shares
Jan 1, 2014
173.1 M base_Shares
Jan 1, 2015
173.5 M base_Shares
Jan 1, 2016
173.9 M base_Shares
Jan 1, 2017
174.2 M base_Shares
Jan 1, 2018
174.3 M base_Shares
Jan 1, 2019
174.5 M base_Shares
Jan 1, 2020
174.6 M base_Shares

Public Storage Dividend History

37 years of dividend payments

YearAnnual DividendYoY ChangePayments
20263USDYTD
Mar 16, 20263USD 0.0%1/1
202512USD 0.0%
Mar 13, 20253USD 0.0%1/4
Jun 12, 20253USD 0.0%2/4
Sep 15, 20253USD 0.0%3/4
Dec 15, 20253USD 0.0%4/4
202412USD 0.0%
202312USD 43.4%
202221.19USD 164.1%
20218.03USD 0.3%
20208USD 0.0%
20198USD 0.0%
20188USD 0.0%
20178USD 11.1%

Public Storage dividend history and estimates

In 2025, Public Storage paid a dividend amounting to 12 USD. Dividend means that Public Storage distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Special dividend
Details
Date
Dividend
Dividend (Estimate)
Special dividend
Jan 1, 2006
2 USD
0 USD
0 USD
Jan 1, 2007
2 USD
0 USD
0 USD
Invalid Date
2.25 USD
-0.05 USD
0.6 USD
Jan 1, 2009
2.2 USD
0 USD
0 USD
Jan 1, 2010
3.05 USD
0 USD
0 USD
Jan 1, 2011
3.65 USD
0 USD
0 USD
Jan 1, 2012
4.4 USD
0 USD
0 USD
Jan 1, 2013
5.15 USD
0 USD
0 USD
Jan 1, 2014
7 USD
0 USD
0 USD
Jan 1, 2015
6.5 USD
0 USD
0 USD
Jan 1, 2016
9 USD
0 USD
0 USD
Jan 1, 2017
8 USD
0 USD
0 USD
Jan 1, 2018
8 USD
0 USD
0 USD
Jan 1, 2019
8 USD
0 USD
0 USD
Jan 1, 2020
8 USD
0 USD
0 USD

Public Storage dividend payout ratio

In 2025, Public Storage had a payout ratio of 93.37%. The payout ratio indicates the percentage of the company's profits that Public Storage distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
606.06 %
Jan 1, 2007
170.94 %
Jan 1, 2008
53.83 %
Jan 1, 2009
44.53 %
Jan 1, 2010
77.22 %
Jan 1, 2011
111.62 %
Jan 1, 2012
112.82 %
Jan 1, 2013
105.32 %
Jan 1, 2014
133.33 %
Jan 1, 2015
107.08 %
Jan 1, 2016
132.16 %
Jan 1, 2017
118.87 %
Jan 1, 2018
93.68 %
Jan 1, 2019
109.74 %
Jan 1, 2020
127.19 %
Price targets and forecasts for Public Storage are not yet available.

Public Storage Earnings Estimates

Public Storage Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/5/20262.43USD1.23 BUSD2026 Q1
4/28/20262.43USD1.23 BUSD2026 Q1
2/12/20262.53USD1.22 BUSD2025 Q4
5/1/20242.75USD1.15 BUSD2024 Q1
2/19/20242.76USD1.13 BUSD2023 Q4
8/2/20232.99USD1.13 BUSD2023 Q2
5/1/20232.72USD1.08 BUSD2023 Q1
2/20/20232.7USD1.08 BUSD2022 Q4
11/1/20222.76USD1.08 BUSD2022 Q3
8/4/20222.57USD1.03 BUSD2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Public Storage stock

92/100
99
Environment
99
Social
77
Governance
E

Environment

20
Scope 1 - Direct Emissions19,167
Scope 2 - Indirect emissions from purchased energy112,095
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions131,262
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees65
Percentage of women in management
Percentage of Asian employees4
Share of Asian management
Percentage of Hispanic/Latino employees18
Hispano/Latino Management share
Percentage of Black employees25
Black Management Share
Percentage of white employees47
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Public Storage shareholder structure

% Name
11.60083%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
10.05737%
Gustavson Tamara Hughes
Gustavson Tamara Hughes
6.5469%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
6.44343%
State Street Global Advisors (US)
State Street Global Advisors (US)
5.08362%
Cohen & Steers Capital Management, Inc.
Cohen & Steers Capital Management, Inc.
2.91417%
Hughes (B. Wayne Jr.)
Hughes (B. Wayne Jr.)
2.64774%
Wellington Management Company, LLP
Wellington Management Company, LLP
2.05393%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
1.36045%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
1.21742%
Legal & General Investment Management Ltd.
Legal & General Investment Management Ltd.
...

Public Storage Executives and Management Board

JR

Mr. Joseph Russell

(63)

President, Chief Executive Officer, Director · since 2016

Compensation9.2 M USD
HB

Mr. H. Thomas Boyle

(40)

Chief Financial Officer, Chief Investment Officer

Compensation6.56 M USD
NJ

Ms. Natalia Johnson

(46)

Chief Administrative Officer

Compensation4.44 M USD
NV

Mr. Nathaniel Vitan

(49)

Chief Legal Officer, Corporate Secretary

Compensation3.53 M USD
DN

Mr. David Neithercut

(67)

Lead Independent Trustee

Compensation582,417 USD

Public Storage Supply Chain

Frequently asked questions about Public Storage

Public Storage operates as a real estate investment trust (REIT) specializing in self-storage facilities. The business model of Public Storage revolves around providing individuals and businesses with secure and convenient storage solutions for their belongings. Public Storage owns and operates a vast network of self-storage properties across the United States, offering a range of unit sizes and lease options to cater to various storage needs. By generating rental income from these facilities, Public Storage has established itself as a leading player in the self-storage industry while delivering reliable and trustworthy storage services to its customers.

All fundamentals and in-depth analysis of Public Storage

Our stock analysis for Public Storage Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Public Storage Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.