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.
Follow PSA
Public Storage (PSA) P/S ratio
As of 16 October 2026, Public Storage (PSA) trades at a P/S ratio of 10.7×. Over the past ten years it has ranged from 9.4× (October 2023) to 20.3× (April 2022); the current reading is higher than 9% of that period. That is above the Reit Industrial industry median of 8.3× and above the Real Estate sector median of 2.9×.
P/S ratio, daily
Embed this chart
Annual newest first
| Period | P/S ratio | Change |
|---|---|---|
| FY2025 | 9.4× | (15.60%) |
| FY2024 | 11.2× | (7.68%) |
| FY2023 | 12.1× | 5.41% |
| FY2022 | 11.5× | (40.08%) |
| FY2021 | 19.2× | 38.71% |
| FY2020 | 13.8× | 6.33% |
| FY2019 | 13.0× | 1.88% |
| FY2018 | 12.8× | (4.94%) |
| FY2017 | 13.4× | (11.16%) |
| FY2016 | 15.1× | (15.87%) |
Quarterly newest first
| Period | P/S ratio | Change |
|---|---|---|
| Jun 2026 | 11.4× | 16.77% |
| Mar 2026 | 9.8× | 3.69% |
| Dec 2025 | 9.4× | (10.88%) |
| Sep 2025 | 10.6× | (2.30%) |
| 42 more quarters | Free account |
Against its own ten years
P/S ratio against peers
| Company | P/S ratio |
|---|---|
| LINE Lineage, Inc. compare | 1.4× |
| CUBE CubeSmart compare | 7.8× |
| REXR Rexford Industrial Realty, Inc. compare | 8.3× |
| EXR Extra Space Storage Inc compare | 8.5× |
| FR First Industrial Realty Trust, Inc. compare | 10.3× |
| PSA Public Storage | 10.7× |
| PLD Prologis, Inc. compare | 12.5× |
| TRNO Terreno Realty Corporation compare | 13.6× |
| EGP EastGroup Properties, Inc. compare | 14.0× |
| Reit Industrial industry median | 8.3× |
| Real Estate sector median | 2.9× |
| Market median | 1.9× |
What P/S ratio is
Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.
(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)
More on PSA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- The full statement