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

338.24 2.26 −0.66%
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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Public Storage (PSA) trades at a P/S ratio of 12.4×. Over the past ten years it has ranged from 9.4× (October 2023) to 20.3× (April 2022); the current reading is higher than 33% of that period. That is above the Reit Industrial industry median of 8.8× and above the Real Estate sector median of 2.9×.

P/S ratio, daily

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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
Sep 2026 10.4× (9.42%)
Jun 2026 11.4× 16.77%
Mar 2026 9.8× 3.69%
Dec 2025 9.4× (10.88%)
43 more quarters

Against its own ten years

Low 9.4× High 20.3×
Ten-year median 13.5×
Current reading's percentile 36

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 →

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