Public Storage

Public Storage

307.02
USD
+8.02
(+2.68%)
11.69EPS
30.26P/E
56.01BMarket Cap
Oct 26Next Earn

Total Valuation

USD

As of June 30, 2026, Public Storage carries a market capitalization of 56.01B, placing it among publicly traded companies globally. Its enterprise value stands at 70.37B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap56.01B
Enterprise Value70.37B

Important Dates

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

Earnings Date10/26/2026

Share Statistics

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

Shares Outstanding175.62M

Valuation Ratios

As of June 30, 2026, Public Storage trades at a trailing price-to-earnings ratio of 30.26. The price-to-sales ratio is 11.44, and the price-to-book ratio stands at 11.57.

PE Ratio30.26
PS Ratio11.44
PB Ratio11.57
P/TBV Ratio12.14
P/FCF Ratio17.70
P/OCF Ratio17.65

Enterprise Valuation

As of June 30, 2026, Public Storage trades at an EV/EBITDA multiple of 20.71 - 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 31.50 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 70.37B versus a market cap of 56.01B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales14.39
EV / EBITDA20.71
EV / EBIT31.50

Financial Position

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.

Current Ratio0.66
Quick Ratio0.66
Debt / Equity109.63
Debt / EBITDA3.00
Interest Coverage10.44

Financial Efficiency

USD

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 842,818.96 in revenue per employee across its workforce of 5,802.50, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)37.51
Return on Assets (ROA)10.06
Revenue Per Employee842,818.96
Employee Count5,802.50

Taxes

USD

Over the twelve months ended June 30, 2026, Public Storage recorded an income tax benefit of -7.61M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. Taxes are levied on pretax income of 2.05B, leaving 2.04B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax-7.61M

Stock Price Statistics

USD

As of the close on October 22, 2026, Public Storage's stock has declined approximately 1.07% over the past 52 weeks. The 50-day moving average sits at 300.72, while the 200-day moving average is 301.07.

52-Week Price Change-1.07%
50-Day Moving Average300.72
200-Day Moving Average301.07

Income Statement

USD

Over the twelve months ended June 30, 2026, Public Storage generated 4.89B in revenue and converted that into 2.04B in net income, yielding earnings per share of 11.69. EBITDA reached 3.40B, while operating income came in at 2.25B.

Revenue4.89B
Gross Profit3.55B
Operating Income2.25B
Pretax Income2.05B
Net Income2.04B
EBITDA3.40B
EBIT2.23B
Earnings Per Share (EPS)11.69

Balance Sheet

USD

As of June 30, 2026, Public Storage holds 259.94M in cash and equivalents against 10.18B in total debt, resulting in a net debt position of 9.92B. Total book value stands at 4.84B, with working capital of -218.47M providing operational flexibility.

Cash & Cash Equivalents259.94M
Total Debt10.18B
Net Debt9.92B
Equity (Book Value)4.84B
Book Value Per Share27.56
Working Capital-218.47M

Cash Flow

USD

Public Storage produced 3.17B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow3.17B
Free Cash Flow3.17B
FCF Per Share18.07

Margins

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.

Gross Margin72.51
Operating Margin46.10
Pretax Margin41.91
Profit Margin41.80
EBITDA Margin69.49

Dividends & Yields

USD

Over the twelve months ended June 30, 2026, Public Storage paid dividends of 13.13 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.

Dividend Per Share13.13
Payout Ratio112.48
Shareholder Yield4.40
FCF Yield5.65

Scores

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.

Altman Z-Score3.61