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

336.63 3.87 −1.14%
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) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Public Storage (PSA) trades at a EV/Sales of 14.8×. Over the past ten years it has ranged from 10.4× (March 2020) to 22.4× (March 2022); the current reading is higher than 61% of that period. That is above the Reit Industrial industry median of 11.8× and above the Real Estate sector median of 7.5×.

EV/Sales, daily

Embed this chart

Annual newest first

Period EV/Sales Change
FY2025 11.6× (12.04%)
FY2024 13.1× (6.86%)
FY2023 14.1× 8.38%
FY2022 13.0× (38.68%)
FY2021 21.2× 44.32%
FY2020 14.7× 7.94%
FY2019 13.6× 2.85%
FY2018 13.3× (4.74%)
FY2017 13.9× (9.13%)
FY2016 15.3× (15.78%)

Quarterly newest first

Period EV/Sales Change
Sep 2026 12.7× (5.89%)
Jun 2026 13.5× 13.73%
Mar 2026 11.9× 2.81%
Dec 2025 11.6× (8.90%)
43 more quarters

Against its own ten years

Low 10.4× High 22.4×
Ten-year median 14.3×
Current reading's percentile 66

EV/Sales against peers

Company EV/Sales
LINE Lineage, Inc. compare 3.0×
REXR Rexford Industrial Realty, Inc. compare 11.0×
CUBE CubeSmart compare 12.0×
FR First Industrial Realty Trust, Inc. compare 12.6×
EXR Extra Space Storage Inc compare 13.5×
PSA Public Storage 14.8×
TRNO Terreno Realty Corporation compare 15.7×
EGP EastGroup Properties, Inc. compare 15.9×
PLD Prologis, Inc. compare 16.7×
Reit Industrial industry median 11.8×
Real Estate sector median 7.5×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

More on PSA