Public Storage
I · AI Analysis
The brief
Public Storage owns and operates self-storage facilities where individuals and businesses rent space to store belongings. The company collects monthly rent from customers who need extra space for furniture, inventory, or personal items, operating nearly 3,550 locations across the United States. They also own a 35% stake in Shurgard, which runs 333 similar facilities across seven Western European countries [Public Storage].
Public Storage (PSA) is the largest self-storage REIT in America, operating 3,546 facilities across 40 states with 259 million net rentable square feet [Public Storage]. The company generates $4.8B in annual revenue and maintains a 37% net profit margin, returning cash to shareholders through a $12/share annual dividend (4.03% yield) [Yahoo Finance]. Financial health is moderate with a 5.3/10 score due to elevated debt (3.1x net debt/EBITDA) and a premium 30.8x P/E ratio [Yahoo Finance].
Solid profitability with moderate leverage concerns and premium valuation.
Sentinellis health
5.3/10
Moderate concerns
Market capitalisation
$52.2B
Revenue (TTM)
$4.8B
Explainers
How we read these numbers
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ReadII · Recent news
What moved
1 story · ranked by relevance
- Macro2026-05-06
Public Storage Declares Second Quarter 2026 Dividends
Yahoo Finance
Premium · Free with any account
The 30.8x P/E ratio is elevated for a REIT, making the stock vulnerable to sharp corrections if interest rates rise or occupancy rates decline [Yahoo Finance]
Risks
4
Opportunities
5
Red flags
2
Leadership
10
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