Public Storage PSA
- Market cap
- $53.2B
- P/E
- 27.4×
Follow PSA
Public Storage (PSA) EV/EBITDA
As of 25 September 2026, Public Storage (PSA) trades at a EV/EBITDA of 18.0×. Over the past ten years it has ranged from 15.1× (March 2020) to 31.7× (March 2022); the current reading is higher than 11% of that period. That is in line with the Reit Industrial industry median of 18.0× and above the Real Estate sector median of 15.2×.
EV/EBITDA, daily
Annual
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 16.4× | (11.58%) |
| FY2024 | 18.6× | (4.78%) |
| FY2023 | 19.5× | 8.42% |
| FY2022 | 18.0× | (40.36%) |
| FY2021 | 30.2× | 38.05% |
| FY2020 | 21.8× | 11.07% |
| FY2019 | 19.7× | 2.00% |
| FY2018 | 19.3× | (2.53%) |
| FY2017 | 19.8× | (8.82%) |
| FY2016 | 21.7× | (16.96%) |
Quarterly
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 19.5× | 15.44% |
| Mar 2026 | 16.9× | 2.98% |
| Dec 2025 | 16.4× | (12.73%) |
| Sep 2025 | 18.8× | (1.24%) |
| 42 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| LINE Lineage, Inc. compare | 13.2× |
| REXR Rexford Industrial Realty, Inc. compare | 16.9× |
| CUBE CubeSmart compare | 17.0× |
| PSA Public Storage | 18.0× |
| EXR Extra Space Storage Inc compare | 19.1× |
| FR First Industrial Realty Trust, Inc. compare | 20.1× |
| PLD Prologis, Inc. compare | 22.2× |
| EGP EastGroup Properties, Inc. compare | 23.4× |
| TRNO Terreno Realty Corporation compare | 26.0× |
| Reit Industrial industry median | 18.0× |
| Real Estate sector median | 15.2× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
More on PSA
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement