PSA
Public Storage
$320.22
▲ 0.7%Updated Today 7:15 PM ET
▲ Up 9.4% over the last 12 months
Market Cap
$55.86B
P/E
29.35x
Forward P/E (est.)
30.4x
ROE
20.5%
Revenue Growth
2.9%
EPS Growth
-3.4%
Profit Margin
39.2%
FCF Yield
5.0%
Debt / Equity
1.11x
ROIC
6.0%
Interest Coverage
4.67x
Current Ratio
—
Dividend Yield
3.7%
Implied Growth (rev. DCF)
—
Rating Score
54/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what PSA's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. PSA trades near $320.22, above its 50-day average ($305.73) and 200-day average ($289.19). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 53 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. PSA's is $7.07 (~2.2% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month PSA found buyers near $294.90 (support) and sellers near $331.79 (resistance); its 52-week range is $256.54–$331.79. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.9× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Public Storage (PSA) is a large-cap company in the Self-Storage REITs industry, part of the Real Estate sector of the S&P 500, with a market value around $55.86B.
In its latest reported year it generated about $4.82B in revenue and $1.78B in net profit.
Our model rates PSA Neutral (54/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
9.0%
Revenue moved from $3.42B in 2021 to $4.82B in 2025, a 9.0% compound annual growth rate. The most recent year was roughly flat (2.9%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
72.9%
Operating Margin
46.4%
Net Margin
37.0%
ROE
20.5%
Public Storage keeps about 39.2% of each sales dollar as net profit, with a 72.9% gross margin and 46.4% operating margin. Return on equity is 20.5% and return on invested capital about 6.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$9.71B
Net Debt
$9.57B
Net Debt / EBITDA
—
Debt / Equity
1.11x
Leverage: debt-to-equity is 1.1x, and operating profit covers interest about 4.7x. That is a moderate, manageable debt load for most businesses. It carries roughly $9.71B of total debt against $134.61M of cash.
Operating CF
$3.19B
Free Cash Flow
$3.19B
FCF Margin
66.1%
In the latest year Public Storage produced about $3.19B of operating cash flow and $3.19B of free cash flow after capital spending. That is a free-cash-flow yield of about 5.0% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
29.35x
P/S
11.65x
P/B
4.92x
EV / EBITDA
25.55x
PSA trades at 29.4x trailing earnings (about 30.4x on estimated forward earnings), 11.7x sales, and 4.9x book value. That is a premium multiple that needs growth to justify it.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How PSA stacks up against its Real Estate peers — valuation, profitability, and growth versus the sector median.
In the Real Estate sector (31 S&P 500 companies), PSA ranks #15 of 31 by our overall rating. It trades at roughly in line versus the sector on earnings (29.4x P/E vs. 30.8x median) with a higher return on equity (20.5% vs. 8.0%) and slower revenue growth (2.9% vs. 5.3%).
P/E vs sector
29.4x
median 30.8x
ROE vs sector
20.5%
median 8.0%
Growth vs sector
2.9%
median 5.3%
Sector rank
#15
of 31 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Real Estate companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$200.38 – $341.83
vs. $320.22 today · expected CAGR -9% – 1%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $4.97B | $5.12B | $5.27B | $5.43B | $5.59B |
| Net income | $1.84B | $1.89B | $1.95B | $2.01B | $2.07B |
| EPS | $10.47 | $10.79 | $11.11 | $11.44 | $11.79 |
| Share price (low) | $178.04 | $183.38 | $188.88 | $194.55 | $200.38 |
| Share price (high) | $303.71 | $312.82 | $322.21 | $331.88 | $341.83 |
| CAGR (low–high) | -44% / -5% | -24% / -1% | -16% / 0% | -12% / 1% | -9% / 1% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for PSA:
- High net margins (39.2%) point to pricing power or efficiency.
- Strong return on equity (20.5%) shows capital is put to work well.
- Healthy free-cash-flow yield (~5.0%) funds buybacks and dividends.
- Pays a 3.7% dividend on top of any price gains.
The case against PSA:
- Revenue growth is slow (2.9%), limiting the upside engine.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Balance-sheet risk — debt/equity of 1.1x magnifies the impact of higher rates or weaker earnings.
Growth risk — sluggish revenue (2.9%) leaves little margin for execution missteps.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Public Storage is a large-cap real estate business growing at a mature pace, with solid profitability, and a heavier debt load to watch. It trades at 29.4x earnings, which our model scores Neutral (54/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.