Public Storage
PSAReal EstateNASDAQREIT - Industrial · Last scanned Jun 3, 2026
Scan Results
Daily timeframePublic Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. With a market capitalization of $52.51B, it sits in large-cap territory. 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 States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 333 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand.
Market Cap
$52.51B
Beta
0.98
P/E (TTM)
30.87
P/E (Fwd)
29.44
EPS (TTM)
$9.69
EPS (Fwd)
$10.16
ROE
20.2%
ROA
7.2%
Cash
$134.6M
Total Debt
$10.03B
Free CF
$2.34B
52W Change
-1.4%
Annual Financials
Cash vs Debt
The company holds $134.6M in cash, though total debt stands at $10.03B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $2.34B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 20.2% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 7.2% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $4.18B to $4.82B.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Public Storage and its sector.