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Saturday 17 October 2026 Export PSA’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 2.65%, EPS grew 45.5%, free cash flow was flat and total debt fell 2.49%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for ten.

298.27 2.94 +1.00%
Market cap
$55.2B
P/E
28.4×
Fwd P/E
30.0×
Dividend yield
4.02%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Public Storage (PSA) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Public Storage (PSA) trades at a EV/EBITDA of 18.5×. Over the past ten years it has ranged from 15.1× (March 2020) to 31.7× (March 2022); the current reading is higher than 20% of that period. That is in line with the Reit Industrial industry median of 18.7× and above the Real Estate sector median of 15.2×.

EV/EBITDA, daily

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Annual newest first

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 newest first

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

Against its own ten years

Low 15.1× High 31.7×
Ten-year median 20.3×
Current reading's percentile 20

EV/EBITDA against peers

Company EV/EBITDA
LINE Lineage, Inc. compare 12.6×
REXR Rexford Industrial Realty, Inc. compare 16.7×
CUBE CubeSmart compare 17.4×
PSA Public Storage 18.5×
FR First Industrial Realty Trust, Inc. compare 19.5×
EXR Extra Space Storage Inc compare 19.7×
PLD Prologis, Inc. compare 21.2×
EGP EastGroup Properties, Inc. compare 22.9×
TRNO Terreno Realty Corporation compare 25.3×
Reit Industrial industry median 18.7×
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)

The full definition of EV/EBITDA →

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