Public Storage

As of June 30, 2026, Public Storage carries a market capitalization of 978.30B, placing it among publicly traded companies globally. Its enterprise value stands at 1.23T, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Public Storage's next confirmed earnings release is scheduled for October 26, 2026.

As of June 30, 2026, Public Storage has 175.62M shares outstanding.

As of June 30, 2026, Public Storage trades at a trailing price-to-earnings ratio of 30.25. The price-to-sales ratio is 11.44, and the price-to-book ratio stands at 11.57.

As of June 30, 2026, Public Storage trades at an EV/EBITDA multiple of 20.70 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 14.39 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 31.49 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 1.23T versus a market cap of 978.30B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Public Storage maintains a current ratio of 0.66, meaning it holds 0.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 109.63, indicating elevated leverage, while an interest coverage ratio of 10.44 demonstrates strong ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Public Storage posted a return on equity (ROE) of 37.51, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 10.06, measuring how efficiently the asset base is converted into earnings. The company generates approximately 14.73M in revenue per employee across its workforce of 5,802.50, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, Public Storage recorded an income tax benefit of -132.94M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. Taxes are levied on pretax income of 35.81B, leaving 35.72B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 2, 2026, Public Storage's stock has declined approximately 7.37% over the past 52 weeks.

Over the twelve months ended June 30, 2026, Public Storage generated 85.44B in revenue and converted that into 35.72B in net income, yielding earnings per share of 204.16. EBITDA reached 59.38B, while operating income came in at 39.39B.

As of June 30, 2026, Public Storage holds 4.54B in cash and equivalents against 177.86B in total debt, resulting in a net debt position of 173.32B. Total book value stands at 84.57B, with working capital of -3.82B providing operational flexibility.

Public Storage produced 55.42B in operating cash flow over the twelve months ended June 30, 2026.

Over the twelve months ended June 30, 2026, Public Storage posted a gross margin of 72.51, reflecting its pricing power and cost economics. The operating margin of 46.10 and net profit margin of 41.80 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Public Storage paid dividends of 229.37 per share. The dividend payout ratio of 112.48 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 5.65, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 4.40, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Public Storage shareholders.

As of June 30, 2026, Public Storage has an Altman Z-Score of 3.61, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.