PSA
Neutral signalScored 2026-10-06 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.
Research, not advice.
À propos
Public Storage
- Nom
- Public Storage
- Secteur
- Real Estate
- Industrie
- REIT - Industrial
- Bourse
- NYSE
- Capitalisation
- $57.9B
- Employés
- 5,770
- PDG
- H. Thomas Boyle
- Site web
- https://www.publicstorage.com
- Marché
- CUBEEXRSELFSMAUHAL
Public Storage (PSA), an esteemed Real Estate Investment Trust (REIT) and a constituent of both the S&P 500 and FT Global 500 indices, concentrates its operations on the acquisition, development, ownership, and management of self-storage properties. By September 30, 2020, the company's substantial holdings included 2,504 self-storage facilities located across 38 U.S. states, collectively providing around 171 million net rentable square feet. Additionally, Public Storage held an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR), an entity that owned and operated 239 self-storage sites under the Shurgard brand in seven Western European countries, encompassing approximately 13 million net rentable square feet. Concurrently, it maintained an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB), which, as of the same reporting date, managed roughly 28 million rentable square feet of commercial properties. The company's main office is situated in Glendale, California.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
Decouvert par les declarations du Congres
- Insiders
- —
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$463,133
Avg sell (VWAP, 90d window) $327.53 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
- Last activity
- —
- Last synced
-
2026-10-06 10:56:08
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-08-13 | Vitan Nathaniel A. | Sell · S | 1,414 | $327.53 | $463,133 | Form 4 |
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2026-01-29 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2026-01-13 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2026-01-12 | Virginia Ann Foxx | Sale (Full) | $1,001 - $15,000 |
| 2025-12-19 | Gilbert Ray Cisneros | Sale (Partial) | $1,001 - $15,000 |
| 2025-09-05 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2025-08-26 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2025-08-05 | Gilbert Ray Cisneros | Sale (Partial) | $1,001 - $15,000 |
| 2024-12-06 | Virginia Ann Foxx | Purchase | $1,001 - $15,000 |
| 2024-09-04 | John James | Sale (Full) | $1,001 - $15,000 |
| 2023-11-03 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2023-10-31 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-10-02 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-09-06 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2023-08-29 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2023-08-03 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-07-12 | Daniel Goldman | Sale (Full) | $50,001 - $100,000 |
| 2023-07-10 | Daniel Goldman | Sale (Full) | $1,001 - $15,000 |
| 2023-06-29 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-05-23 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2023-05-23 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-05-19 | Ro Khanna | Sale | $15,001 - $50,000 |
| 2023-03-24 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2023-03-14 | Ro Khanna | Purchase | $15,001 - $50,000 |
| 2023-01-09 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-12-06 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-11-03 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-11-02 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-09-29 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-09-29 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-09-06 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-08-23 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-05-23 | Ro Khanna | Sale | $15,001 - $50,000 |
| 2022-05-10 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2022-01-27 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2022-01-27 | Ro Khanna | Sale | $1,001 - $15,000 |
| 2021-02-11 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2021-02-11 | Ro Khanna | Purchase | $1,001 - $15,000 |
| 2021-01-04 | Chris Jacobs | Sale (Full) | $1,001 - $15,000 |
| 2020-05-13 | Dean Phillips | Sale (Partial) | $1,001 - $15,000 |
| 2020-04-29 | Gilbert Ray Cisneros | Sale (Partial) | $1,001 - $15,000 |
Signal
Neutral signalScored 2026-10-06 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.
PSA presents a deeply unfavorable risk/reward profile, combining weak financial health (liquidity score: 30, fundamentals trend: 35) with a near-absent catalytic signal (score: 20, confidence: 0.35).
The first sentence of the analysis written for PSA on 2026-10-06 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. 1 purchase disclosure year to date, a thin reading
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Unavailable or mixed. Current ratio 0.75 · operating margin 47% — readings disagree
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 25.0% | 73.2% | 74.6% | 74.8% | 73.0% | |
| Ebit Margin | 43.4% | 50.6% | 52.5% | 108.0% | 60.4% | |
| Ebitda Margin | 67.3% | 74.7% | 74.0% | 129.2% | 81.3% | |
| Operating Profit Margin | 46.7% | 46.9% | 51.3% | 51.9% | 49.9% | |
| Pretax Profit Margin | 37.1% | 44.5% | 48.1% | 104.7% | 57.7% | |
| Continuous Operations Profit Margin | 37.3% | 44.4% | 47.8% | 104.4% | 57.4% | |
| Net Profit Margin | 37.0% | 44.1% | 47.6% | 104.0% | 57.2% | |
| Bottom Line Profit Margin | 32.9% | 39.9% | 43.1% | 99.0% | 50.7% | |
| Current Ratio | 0.751 | 0.761 | 0.618 | 1.506 | 1.524 | |
| Quick Ratio | 0.751 | 0.761 | 0.618 | 1.506 | 1.524 | |
| Solvency Ratio | 0.270 | 0.322 | 0.321 | 0.709 | 0.335 | |
| Cash Ratio | 0.519 | 0.761 | 0.618 | 1.506 | 1.524 | |
| Price To Earnings Ratio | 28.706 | 28.037 | 27.453 | 11.852 | 37.796 | |
| Price To Earnings Growth Ratio | -1.869 | -7.244 | -0.518 | 0.086 | 0.657 | |
| Forward Price To Earnings Growth Ratio | -1.869 | -7.244 | -0.518 | 0.086 | 0.657 | |
| Price To Earnings Diluted Ratio | 28.801 | 28.143 | 27.577 | 11.923 | 37.949 | |
| Price To Earnings Diluted Growth Ratio | -1.880 | -7.411 | -0.521 | 0.086 | 0.667 | |
| Price To Book Ratio | 4.923 | 5.406 | 5.345 | 4.875 | 7.016 | |
| Price To Sales Ratio | 9.438 | 11.182 | 11.847 | 11.742 | 19.174 | |
| Price To Free Cash Flow Ratio | 15.715 | 19.388 | 19.213 | 18.479 | 28.810 | |
| Price To Operating Cash Flow Ratio | 14.288 | 16.785 | 16.484 | 15.753 | 25.749 | |
| Debt To Assets Ratio | 0.507 | 0.473 | 0.460 | 0.391 | 0.430 | |
| Debt To Equity Ratio | 1.109 | 0.963 | 0.909 | 0.682 | 0.801 | |
| Debt To Capital Ratio | 0.526 | 0.491 | 0.476 | 0.405 | 0.445 | |
| Long Term Debt To Capital Ratio | 0.526 | 0.491 | 0.476 | 0.405 | 0.445 | |
| Financial Leverage Ratio | 2.185 | 2.034 | 1.978 | 1.742 | 1.862 | |
| Working Capital Turnover Ratio | -32.871 | -25.394 | 286.093 | 16.302 | 59.193 | |
| Operating Cash Flow Ratio | 5.199 | 5.318 | 5.420 | 6.056 | 5.276 | |
| Operating Cash Flow Sales Ratio | 0.661 | 0.666 | 0.719 | 0.745 | 0.745 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.909 | 0.866 | 0.858 | 0.853 | 0.894 | |
| Debt Service Coverage Ratio | 10.684 | 12.184 | 16.563 | 39.545 | 30.447 | |
| Interest Coverage Ratio | 7.403 | 7.659 | 11.530 | 15.914 | 18.792 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 0.311 | 0.334 | 0.357 | 0.454 | 0.340 | |
| Capital Expenditure Coverage Ratio | 11.011 | 7.448 | 7.041 | 6.780 | 9.412 | |
| Dividend Paid And Capex Coverage Ratio | 1.229 | 1.149 | 1.174 | 0.714 | 1.368 | |
| Dividend Payout Ratio | 1.291 | 1.111 | 1.073 | 0.899 | 0.813 | |
| Enterprise Value Multiple | 17.086 | 17.515 | 18.627 | 10.213 | 26.020 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 25.0% | ▼-48.2% | ▼-39.2% |
| Ebit Margin | 43.4% | ▼-7.2% | ▼-19.6% |
| Ebitda Margin | 67.3% | ▼-7.4% | ▼-18.0% |
| Operating Profit Margin | 46.7% | ▼-0.1% | ▼-2.6% |
| Pretax Profit Margin | 37.1% | ▼-7.4% | ▼-21.3% |
| Continuous Operations Profit Margin | 37.2% | ▼-7.1% | ▼-21.0% |
| Net Profit Margin | 37.0% | ▼-7.1% | ▼-21.0% |
| Bottom Line Profit Margin | 32.9% | ▼-7.0% | ▼-20.3% |
| Current Ratio | 0.751 | ▼-0.010 | ▼-0.281 |
| Quick Ratio | 0.751 | ▼-0.010 | ▼-0.281 |
| Solvency Ratio | 0.270 | ▼-0.052 | ▼-0.121 |
| Cash Ratio | 0.519 | ▼-0.242 | ▼-0.467 |
| Price To Earnings Ratio | 28.706 | ▲0.668 | ▲1.937 |
| Price To Earnings Growth Ratio | -1.869 | ▲5.375 | ▼-0.091 |
| Forward Price To Earnings Growth Ratio | -1.869 | ▲5.375 | ▼-0.091 |
| Price To Earnings Diluted Ratio | 28.801 | ▲0.658 | ▲1.923 |
| Price To Earnings Diluted Growth Ratio | -1.880 | ▲5.531 | ▼-0.068 |
| Price To Book Ratio | 4.923 | ▼-0.483 | ▼-0.590 |
| Price To Sales Ratio | 9.438 | ▼-1.744 | ▼-3.239 |
| Price To Free Cash Flow Ratio | 15.715 | ▼-3.673 | ▼-4.606 |
| Price To Operating Cash Flow Ratio | 14.288 | ▼-2.497 | ▼-3.524 |
| Debt To Assets Ratio | 0.507 | ▲0.034 | ▲0.055 |
| Debt To Equity Ratio | 1.109 | ▲0.146 | ▲0.216 |
| Debt To Capital Ratio | 0.526 | ▲0.035 | ▲0.057 |
| Long Term Debt To Capital Ratio | 0.526 | ▲0.035 | ▲0.057 |
| Financial Leverage Ratio | 2.185 | ▲0.151 | ▲0.225 |
| Working Capital Turnover Ratio | -32.871 | ▼-7.477 | ▼-93.536 |
| Operating Cash Flow Ratio | 5.199 | ▼-0.119 | ▼-0.255 |
| Operating Cash Flow Sales Ratio | 0.660 | ▼-0.006 | ▼-0.046 |
| Free Cash Flow Operating Cash Flow Ratio | 0.909 | ▲0.043 | ▲0.033 |
| Debt Service Coverage Ratio | 10.684 | ▼-1.499 | ▼-11.200 |
| Interest Coverage Ratio | 7.404 | ▼-0.255 | ▼-4.856 |
| Short Term Operating Cash Flow Coverage Ratio | 0.000 | 0.000 | 0.000 |
| Operating Cash Flow Coverage Ratio | 0.311 | ▼-0.024 | ▼-0.048 |
| Capital Expenditure Coverage Ratio | 11.011 | ▲3.564 | ▲2.673 |
| Dividend Paid And Capex Coverage Ratio | 1.229 | ▲0.080 | ▲0.102 |
| Dividend Payout Ratio | 1.291 | ▲0.180 | ▲0.254 |
| Enterprise Value Multiple | 17.086 | ▼-0.429 | ▼-0.806 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $45.53B | $52.51B | $53.52B | $49.11B | $65.49B | |
| Enterprise value | $55.46B | $61.41B | $62.25B | $55.20B | $72.24B | |
| EV / Sales | 11.50x | 13.08x | 13.78x | 13.20x | 21.15x | |
| EV / Op. cash flow | 17.41x | 19.63x | 19.17x | 17.71x | 28.40x | |
| EV / Free cash flow | 19.14x | 22.68x | 22.35x | 20.77x | 31.77x | |
| EV / EBITDA | 17.09x | 17.52x | 18.63x | 10.21x | 26.02x | |
| Net debt / EBITDA | 3.06x | 2.54x | 2.61x | 1.13x | 2.43x | |
| Current ratio | 0.75x | 0.76x | 0.62x | 1.51x | 1.52x | |
| Income quality | 1.77x | 1.50x | 1.50x | 0.71x | 1.30x | |
| Graham number | $110 | $121 | $125 | $179 | $116 | |
| Graham net-net | -$60 | -$54 | -$53 | -$38 | -$41 | |
| Tax burden | 99.7% | 99.2% | 99.0% | 99.3% | 99.0% | |
| Interest burden | 85.5% | 87.9% | 91.5% | 97.0% | 95.6% | |
| Working capital | -$152.7M | -$140.8M | -$229.0M | $260.6M | $252.5M | |
| Invested capital | $293.3M | $449.5M | $503.7M | $866.1M | $827.9M | |
| Return on assets | 8.8% | 10.5% | 10.8% | 24.8% | 11.2% | |
| Operating ROA | 11.3% | 11.1% | 12.4% | 12.4% | 11.7% | |
| Return on tangible assets | 8.9% | 10.6% | 11.1% | 25.1% | 11.4% | |
| Return on equity | 19.3% | 21.3% | 21.5% | 43.2% | 20.9% | |
| Return on invested capital | 11.5% | 11.5% | 12.0% | 12.7% | 10.0% | |
| Return on capital employed | 11.5% | 11.5% | 12.1% | 12.7% | 10.1% | |
| Earnings yield | 3.9% | 3.9% | 4.0% | 8.9% | 3.0% | |
| Free cash flow yield | 6.4% | 5.2% | 5.2% | 5.4% | 3.5% | |
| Capex / Op. cash flow | 9.1% | 13.4% | 14.2% | 14.7% | 10.6% | |
| Capex / Depreciation | 25.1% | 37.2% | 47.5% | 51.8% | 37.9% | |
| Capex / Sales | 6.0% | 8.9% | 10.2% | 11.0% | 7.9% | |
| SG&A / Sales | 2.2% | 2.3% | 1.8% | 1.7% | 2.2% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.4% | 0.2% | |
| Stock comp / Sales | 0.8% | 1.0% | 0.9% | 1.4% | 1.8% | |
| Intangibles / Total assets | 1.2% | 1.4% | 2.0% | 1.3% | 1.7% | |
| Days sales outstanding | 11d | 0d | 0d | 0d | 0d | |
| Days payables outstanding | 0d | 0d | 0d | 0d | 0d | |
| Operating cycle | 11d | 0d | 0d | 0d | 0d | |
| Cash conversion cycle | 11d | 0d | 0d | 0d | 0d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-10-05 Public Storage to Release Third Quarter 2026 Earnings Results and Host Quarterly Conference Call FRISCO, Texas--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its third quarter 2026 earnings results after the market close on Monday, October 26, 2026. A conference call is scheduled for Tuesday, October 27, 2026, at 11:00 a.m. (CT). On the call, management will review the Company''s results and may discuss or disclose material business, financial or other information that is not contained in the press release. Live conference call Domestic dial-in number: .
- 2026-10-05 Self Storage REITs Are Collecting Rent From Americans Who Cannot Let Go Americans are paying monthly rent on stuff they refuse to give up, and three landlords have built billion-dollar businesses on that reluctance. Which one offers the safest income and which one is closest to the edge?
- 2026-09-30 PSA DCF Analysis: Intrinsic Value $129 vs Price $286 On September 30, 2026, we delve into the DCF analysis for Public Storage (PSA), a company that has seen a mixed price performance recently. Over the past year,
- 2026-09-22 1 Popular REIT To Sell And 1 Smaller REIT To Buy Self-storage REITs have a long history of exceptional returns. The sector is now unusually cheap after recent oversupply. CubeSmart may offer better upside than Public Storage.
- 2026-09-20 The REIT Conundrum REITs have evolved into a larger, more diversified, and better-capitalized asset class, now less sensitive to Treasury yields than in prior cycles. Modern REITs feature lower leverage (34.4% debt), predominantly fixed-rate, long-maturity debt, and strong liquidity, supporting resilience amid higher rates. Supply constraints and rising replacement costs create durable moats for select REIT sectors, especially those with HALO (Heavy Assets, Low Obsolescence) characteristics.
- 2026-09-18 Public Storage: Catching The Bottom In REIT Preferreds With A 7% Yield Public Storage (PSA) stands as the REIT sector benchmark, boasting strong financials and investment-grade credit ratings. PSA''s preferred stocks yield nearly 7%, trade below par, and reflect interest rate risk—not credit risk—amid Fed rate hikes. With net debt/EBITDA at 2.9x and an asset coverage ratio above 1080%, PSA''s balance sheet remains robust.
- 2026-09-16 PSA DCF Analysis: Intrinsic Value $127 vs Price $297 On September 16, 2026, we delve into the DCF analysis for Public Storage (PSA), a company that has shown a mixed price performance recently, with a year-to-date
- 2026-09-15 Public Storage: Buy The Pullback For A Reliable Yield And Improving Growth Public Storage offers downside protection with a 4.05% yield, trading at a forward P/FFO of 17.5 and below its historical average. PSA''s operational momentum is improving, with rising move-in rents, declining churn, and an inflection in same-store revenue growth guidance. Recent acquisitions provide significant lease-up and margin expansion opportunities, supporting multi-year synergy potential.
- 2026-09-15 Corient Private Wealth LP Has $19.86 Million Holdings in Public Storage $PSA Corient Private Wealth LP decreased its holdings in Public Storage (NYSE: PSA) by 5.5% during the undefined quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 62,376 shares of the real estate investment trust''s stock after selling 3,601 shares during the quarter. Corient Private Wealth
- 2026-09-10 VNO vs. PSA: Which Stock Is the Better Value Option? Investors interested in REIT and Equity Trust - Other stocks are likely familiar with Vornado (VNO) and Public Storage (PSA). But which of these two stocks presents investors with the better value opportunity right now?