Stock Analysis
Public StoragePSA
P/E 27.27×· 5Y range 10.49–41.31×· 59th percentile of history
Sector: Real Estate · Industry: Real Estate Investment Trusts
AnalystsHold25 analystsP/E 27.3× sits at the 59th percentile of its 5.086926762491444-year history.
Cash covers 3% of debt · Q2 2026.
PMP Verdict
Weak fundamentals
Strengths
- Profitability82
Risks
- Growth12
- Financial Health26
Weak fundamentals — valuation is the only support.
Bull Case
- ✓ROE 22.0% — efficient capital deployment
What's happening with PSA
Profile
Strong profitability; growth, financial health and valuation lag behind.
How is each axis scored?
- Valuation42/100 · Weak
- P/E vs own history (59th pct)12/25
- FCF yield (5.4%)20/25
- P/S (11.4x)5/25
- EV/EBIT (33.6x)5/25
- Growth12/100 · Weak
- Revenue CAGR (9.0%)12/25
- Net income CAGR (-2.2%)0/25
- EPS CAGR 5Y (-2.3%)0/25
- Fwd implied growth (-3.7%)0/25
- Profitability82/100 · Strong
- ROIC (8.0%)12/25
- ROE (22.0%)20/25
- Net margin (41.8%)25/25
- Operating margin (40.0%)25/25
- Financial Health26/100 · Weak
- Altman Z (0.18)3/25
- Current ratio (0.20)0/25
- Interest coverage (5.7x)18/25
- Net cash / debt (D/A 49%)5/25
- Quality52/100 · Moderate
- Piotroski F (5/9)15/25
- Beneish M (-2.63)25/25
- FCF conversion (n/a)0/25
- Margin stability (σ 10.2%)12/25
- Moat70/100 · Moderate
- ROIC >12% years (1/10 yrs)0/25
- Median gross margin (47.1%)20/25
- FCF-positive years (3/3 yrs)25/25
- Worst-year net margin (worst 37.0%)25/25
Risk Flags
- ⚠Altman Z 0.2 — distress-zone balance sheet
About Public Storage
Public Storage is the largest owner of self-storage facilities in the US, with more than 3,500 self-storage facilities in 40 states and approximately 258 million square feet of rentable space. Show more
Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
Headquarters: FRISCO, TX · Employees: 5,770 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
42D+P/E (TTM)27.3xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 10.5x–41.3x · 59th pct
P/FCF32.9xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield5.4%A
Grade A: ValueLatest stored TTM FCF / Market Cap — vs own 5Y history: 5.4%–5.8% · lowest in history
P/S (TTM)11.39xD
Grade D: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 9.4x–21.4x · 46th pct
EV/EBIT33.6xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 23.5x–74.8x · 68th pct
EV/Sales13.3xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E28.3xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio6.00xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.91B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield4.18%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio112.7%D
Grade D: UnsustainableDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
82AROIC8.0%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE22.0%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA10.2%A
Grade A: StrongReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin41.8%A
Grade A: HighNet Income / Revenue
Operating Margin40.0%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin39.0%C
Grade C: AverageGross Profit / Revenue
FCF Margin—
FCF / Revenue
True FCF Margin—
TTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
12ERevenue CAGR9.0%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-2.2%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-2.3%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth-3.7%D
Grade D: Decl.Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+6.7%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income2.1%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.9%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
26EAltman Z-Score0.18D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.20xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.20xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage5.7xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT5.1xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity1.10xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.03xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
52CPiotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.63A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability10.2%C
Grade C: AverageEBIT margin std deviation. Lower = stable
Capex / Revenue—
TTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.24xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
SPOGLI RONALD P Filed | SPOGLI RONALD P | Grant / award | +6 | |
HAVNER RONALD L JR Filed | HAVNER RONALD L JR | Grant / award | +4 | |
HAVNER RONALD L JR Filed | HAVNER RONALD L JR | Grant / award | +107 | |
Mitra Shankh Filed | Mitra Shankh | Grant / award | +339 | |
PETHERBRIDGE LUKE J Filed | PETHERBRIDGE LUKE J | Grant / award | +151 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
SPOGLI RONALD P Filed | SPOGLI RONALD P | Grant / award | +151 | |
WILLIAMS PAUL S Filed | WILLIAMS PAUL S | Grant / award | +52 | |
Sheek Samuel Wade Filed | Sheek Samuel Wade | Grant / award | +6.2K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
70B+ROIC >12% Years1/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)47.1%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years3/3 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor37.0%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$10.94
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$1.48
Cash & short-term investments per share (Finnhub)
Book Value / Share$52.33
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$10.18B
Total debt obligations (short + long term)
Cash & Equiv.$259.94M
Cash and short-term investments
Net Debt$9.92B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$9.29B
Shareholders' equity (book value)
Asset / Liability—
Total Assets / Total Liabilities
Market
Market Cap$55.71B
Current Market Capitalization
Beta0.90B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 16, 2026
Key Insights: Public Storage (PSA)
PSA is up 1.01% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Public Storage. Altman Z-Score of 0.18 is below the 1.81 distress threshold — an elevated financial-risk flag.
- Beneish M-Score of -2.63 suggests a low likelihood of earnings manipulation.
- Return on equity of 22.0% is well above the market average.
- The stock currently yields 4.2% in dividends.
See how PSA ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all PSA moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 294.98 | +2.15% | 2.23 |
| Oct 15 | After-hours | 295.33 | +2.28% | 2.34 |
| Sep 22 | After-hours | 288.08 | -2.90% | -2.09 |
| Sep 17 | After-hours | 300.54 | +1.99% | 2.40 |
Frequently Asked Questions about PSA
What is the current Public Storage (PSA) stock price?
PSA is trading at $298.31 at the last market close, up 1.01% on the session. PreMarketPrice tracks PSA pre-market, intraday and after-hours prices.
Is PSA stock a buy right now?
PreMarketPrice's quantitative model rates Public Storage's financial health at 26/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is PSA stock overvalued?
Public Storage trades at a trailing P/E of 27.3 and our valuation score rates it 42/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Public Storage report earnings?
No confirmed earnings date is currently scheduled for PSA. The Earnings section lists recent reports and updates as dates are announced.
What sector does Public Storage operate in?
Public Storage operates in the Real Estate sector, within the Real Estate Investment Trusts industry. The Related Stocks section lists sector peers for comparison.
What does Public Storage do?
Public Storage is the largest owner of self-storage facilities in the US, with more than 3,500 self-storage facilities in 40 states and approximately 258 million square feet of rentable space.
About Public Storage (PSA) Stock
Public Storage (PSA) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry. As of the latest update, Public Storage is trading at $298.31, up 1.01% on the day with a market capitalization of $55.7 billion. The financial health score for PSA is 26/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for PSA stock.
PSA Stock Analysis & Key Metrics
On PreMarketPrice, you can track Public Storage (PSA) across multiple dimensions:
- Pre-market price & movement: Real-time PSA stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for PSA with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Public Storage across multiple reporting periods.
- Financial health score: A composite score of 26/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for PSA.
- Sector peers: Compare PSA against 5 other real estate stocks on key financial metrics.
Is PSA a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Public Storage (PSA) as an investment. The financial health score of 26/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Public Storage (PSA) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.