Public Storage (PSA)

313.51 +0.74% (+2.31)

Over 5Y: +23.4%

2026-08-28
250 300 350
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q3 '23 — Revenue: 1.1B Q3 '23 — Operating Cash Flow: 875.7M Q3 '23 — Net Income: 613.3M Q4 '23 — Revenue: 1.2B Q4 '23 — Operating Cash Flow: 791.7M Q4 '23 — Net Income: 439.3M Q1 '24 — Revenue: 1.2B Q1 '24 — Operating Cash Flow: 665.6M Q1 '24 — Net Income: 508.9M Q2 '24 — Revenue: 1.2B Q2 '24 — Operating Cash Flow: 895.3M Q2 '24 — Net Income: 518.1M Q3 '24 — Revenue: 1.2B Q3 '24 — Operating Cash Flow: 798.8M Q3 '24 — Net Income: 430.3M Q4 '24 — Revenue: 1.2B Q4 '24 — Operating Cash Flow: 768.6M Q4 '24 — Net Income: 614.6M Q1 '25 — Revenue: 1.2B Q1 '25 — Operating Cash Flow: 705.1M Q1 '25 — Net Income: 407.8M Q2 '25 — Revenue: 1.2B Q2 '25 — Operating Cash Flow: 872.7M Q2 '25 — Net Income: 358.4M Q3 '25 — Revenue: 1.2B Q3 '25 — Operating Cash Flow: 875.1M Q3 '25 — Net Income: 511.1M Q4 '25 — Revenue: 1.2B Q4 '25 — Operating Cash Flow: 733.6M Q4 '25 — Net Income: 507.1M Q1 '26 — Revenue: 1.2B Q1 '26 — Operating Cash Flow: 694.8M Q1 '26 — Net Income: 526.3M Q2 '26 — Revenue: 1.2B Q2 '26 — Operating Cash Flow: 868.4M Q2 '26 — Net Income: 500M 0 250M 500M 750M 1B 1.2B
Q4 '23 Q2 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

7.3
OE margin 64.0%
SBC / sales 0.89%
Oper. margin 39.0%
ROIC 7.9%
Accruals -5.6%
FCF margin 64.9%
OCF margin 64.9%
ROA 10.2%
OCF / EBIT 1.7×
ROE 22.2%
Capex / sales —
Gross margin —
ROCE —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

7.4
Segment HHI 0.87 HHI
RPO / sales —
RPO growth —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

3.5
ND/EBITDA —
Payout 1.3%
Debt payback 3.1 yr
F-score 6.4 pts
Debt / Eq 1.1×
Cash / Debt 0.026×
Cash runway —
Current ratio —
Quick ratio —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

2.0
Sales/sh Y/Y +3.0%
Div. growth +79.4%
Shares change -0.077%
EPS Y/Y +13.0%
EBIT CAGR -1.4%
EBIT Y/Y -0.67%
EPS CAGR 4Y -2.3%
Sales Q/Q +2.6%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.