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

Public Storage (PSA) P/S ratio

Alert me on 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

Against its own ten years

Low 9.4× High 20.3×
Ten-year median 13.5×
Current reading's percentile 10

P/S ratio against peers

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)

The full definition of P/S ratio →

More on PSA