Public Storage

PSA Real Estate Reit Industrial

Public Storage’s revenue for fiscal 2025 (year ended December 2025) was $4.8 billion, up 2.74% from fiscal 2024.

Revenue
+11.6%
EPS
−21.9%
Free cash flow
−19.3%
Total debt
+21.4%

Quarter to September 2026, against a year earlier

340.06 0.44 −0.13%
Market cap
$63.6B
P/E
34.1×
Fwd P/E
34.1×
Dividend yield
3.54%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Public Storage (PSA) EBITDA

Alert me on EBITDA

Public Storage's EBITDA for fiscal 2025 was $3.4B, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $3.3B. Over the past ten years it has ranged from $1.7B (fiscal 2015) to $3.4B (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 5 consecutive fiscal years. Public Storage ranks 2nd of 14 Reit Industrial companies by EBITDA.

EBITDA, annual

Embed this chart

Annual newest first

Period EBITDA Change
FY2025 $3.4B 2.20%
FY2024 $3.3B 1.67%
FY2023 $3.3B 7.98%
FY2022 $3.0B 25.87%
FY2021 $2.4B 22.50%
FY2020 $2.0B (0.78%)
FY2019 $2.0B 4.33%
FY2018 $1.9B 1.07%
FY2017 $1.9B 3.86%
FY2016 $1.8B 9.03%

Quarterly newest first

Period EBITDA Change
Sep 2026 $732.8M (3.23%)
Jun 2026 $757.2M (1.36%)
Mar 2026 $767.7M (28.84%)
Dec 2025 $1.1B 37.52%
43 more quarters

Against its own ten years

Low $1.7B High $3.4B
Ten-year median $2.0B
Current reading's percentile 100

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

More on PSA