(PSA) Public Storage - Ratings and Ratios
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US74460D1090
Storage Units, Property Leasing, Real Estate Investment, Self Storage
Dividends
| Dividend Yield | 5.51% |
| Yield on Cost 5y | 8.26% |
| Yield CAGR 5y | 10.67% |
| Payout Consistency | 93.6% |
| Payout Ratio | 118.4% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 22.8% |
| Value at Risk 5%th | 36.9% |
| Relative Tail Risk | -1.76% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.83 |
| Alpha | -24.80 |
| CAGR/Max DD | 0.04 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.474 |
| Beta | 0.450 |
| Beta Downside | 0.377 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.62% |
| Mean DD | 10.94% |
| Median DD | 10.23% |
Description: PSA Public Storage December 03, 2025
Public Storage (NYSE: PSA) is a S&P 500 REIT that acquires, develops, owns, and operates self-storage facilities. As of September 30 2025 the company managed 3,491 U.S. sites across 40 states, totaling roughly 254 million net rentable square feet, and held a 35 % equity stake in Shurgard Self Storage Limited, which operates 323 facilities in seven Western European countries (≈ 18 million net rentable square feet). The corporate headquarters are located in Glendale, California.
Key operating metrics that analysts watch include an industry-leading occupancy rate of about 95 % and a same-store net operating income (NOI) growth of roughly 3.5 % year-over-year, driven by modest rent escalations (≈ 2.8 % YoY) and strong demand from both residential and small-business renters. PSA’s funds-from-operations (FFO) margin has hovered near 68 %, supporting a dividend yield of roughly 5.5 % and a payout ratio around 85 %. The sector’s growth is underpinned by macro trends such as continued urbanization, limited residential space, and a relatively low-interest-rate environment that favors REIT financing, though rising rates could pressure valuation multiples.
For a deeper quantitative breakdown of PSA’s valuation metrics, the ValueRay platform offers a granular, data-driven analysis worth reviewing.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (1.89b TTM) > 0 and > 6% of Revenue (6% = 287.1m TTM) |
| FCFTA 0.16 (>2.0%) and ΔFCFTA 1.89pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -7.69% (prev -0.44%; Δ -7.25pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.16 (>3.0%) and CFO 3.22b > Net Income 1.89b (YES >=105%, WARN >=100%) |
| Net Debt (9.75b) to EBITDA (3.34b) ratio: 2.91 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.45 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (175.9m) change vs 12m ago 0.01% (target <= -2.0% for YES) |
| Gross Margin 73.01% (prev 73.53%; Δ -0.52pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 23.98% (prev 23.62%; Δ 0.36pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 7.47 (EBITDA TTM 3.34b / Interest Expense TTM 295.4m) >= 6 (WARN >= 3) |
Altman Z'' 0.32
| (A) -0.02 = (Total Current Assets 296.5m - Total Current Liabilities 664.4m) / Total Assets 20.11b |
| (B) -0.06 = Retained Earnings (Balance) -1.15b / Total Assets 20.11b |
| (C) 0.11 = EBIT TTM 2.21b / Avg Total Assets 19.96b |
| (D) -0.11 = Book Value of Equity -1.18b / Total Liabilities 10.71b |
| Total Rating: 0.32 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 78.24
| 1. Piotroski 6.0pt |
| 2. FCF Yield 5.47% |
| 3. FCF Margin 65.16% |
| 4. Debt/Equity 1.08 |
| 5. Debt/Ebitda 2.91 |
| 6. ROIC - WACC (= 8.21)% |
| 7. RoE 19.93% |
| 8. Rev. Trend 91.26% |
| 9. EPS Trend -41.30% |
What is the price of PSA shares?
As of December 07, 2025, the stock is trading at USD 272.06 with a total of 783,669 shares traded.
Over the past week, the price has changed by -0.90%, over one month by -2.46%, over three months by -7.70% and over the past year by -14.91%.
Over the past week, the price has changed by -0.90%, over one month by -2.46%, over three months by -7.70% and over the past year by -14.91%.
Is PSA a buy, sell or hold?
Public Storage has received a consensus analysts rating of 3.90.
Therefore, it is recommended to buy PSA.
- Strong Buy: 7
- Buy: 5
- Hold: 9
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the PSA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 324.8 | 19.4% |
| Analysts Target Price | 324.8 | 19.4% |
| ValueRay Target Price | 270.7 | -0.5% |
PSA Fundamental Data Overview November 26, 2025
Market Cap USD = 47.23b (47.23b USD * 1.0 USD.USD)
P/E Trailing = 27.9222
P/E Forward = 26.5252
P/S = 9.8493
P/B = 9.53
P/EG = 9.8481
Beta = 0.985
Revenue TTM = 4.79b USD
EBIT TTM = 2.21b USD
EBITDA TTM = 3.34b USD
Long Term Debt = 10.04b USD (from longTermDebt, last quarter)
Short Term Debt = 284.1m USD (from shortTermDebt, last quarter)
Debt = 10.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.75b USD (from netDebt column, last quarter)
Enterprise Value = 56.98b USD (47.23b + Debt 10.04b - CCE 296.5m)
Interest Coverage Ratio = 7.47 (Ebit TTM 2.21b / Interest Expense TTM 295.4m)
FCF Yield = 5.47% (FCF TTM 3.12b / Enterprise Value 56.98b)
FCF Margin = 65.16% (FCF TTM 3.12b / Revenue TTM 4.79b)
Net Margin = 39.53% (Net Income TTM 1.89b / Revenue TTM 4.79b)
Gross Margin = 73.01% ((Revenue TTM 4.79b - Cost of Revenue TTM 1.29b) / Revenue TTM)
Gross Margin QoQ = 72.97% (prev 73.52%)
Tobins Q-Ratio = 2.83 (Enterprise Value 56.98b / Total Assets 20.11b)
Interest Expense / Debt = 0.79% (Interest Expense 79.7m / Debt 10.04b)
Taxrate = 0.55% (2.83m / 517.6m)
NOPAT = 2.19b (EBIT 2.21b * (1 - 0.55%))
Current Ratio = 0.45 (Total Current Assets 296.5m / Total Current Liabilities 664.4m)
Debt / Equity = 1.08 (Debt 10.04b / totalStockholderEquity, last quarter 9.31b)
Debt / EBITDA = 2.91 (Net Debt 9.75b / EBITDA 3.34b)
Debt / FCF = 3.13 (Net Debt 9.75b / FCF TTM 3.12b)
Total Stockholder Equity = 9.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.41% (Net Income 1.89b / Total Assets 20.11b)
RoE = 19.93% (Net Income TTM 1.89b / Total Stockholder Equity 9.49b)
RoCE = 11.30% (EBIT 2.21b / Capital Employed (Equity 9.49b + L.T.Debt 10.04b))
RoIC = 14.68% (NOPAT 2.19b / Invested Capital 14.96b)
WACC = 6.46% (E(47.23b)/V(57.27b) * Re(7.67%) + D(10.04b)/V(57.27b) * Rd(0.79%) * (1-Tc(0.01)))
Discount Rate = 7.67% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 0.06%
[DCF Debug] Terminal Value 78.66% ; FCFE base≈2.95b ; Y1≈3.03b ; Y5≈3.38b
Fair Price DCF = 338.9 (DCF Value 59.47b / Shares Outstanding 175.5m; 5y FCF grow 2.50% → 3.0% )
EPS Correlation: -41.30 | EPS CAGR: -4.95% | SUE: 0.30 | # QB: 0
Revenue Correlation: 91.26 | Revenue CAGR: 7.78% | SUE: 0.71 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.48 | Chg30d=-0.001 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=10.27 | Chg30d=-0.045 | Revisions Net=-2 | Growth EPS=+1.7% | Growth Revenue=+3.6%
P/E Trailing = 27.9222
P/E Forward = 26.5252
P/S = 9.8493
P/B = 9.53
P/EG = 9.8481
Beta = 0.985
Revenue TTM = 4.79b USD
EBIT TTM = 2.21b USD
EBITDA TTM = 3.34b USD
Long Term Debt = 10.04b USD (from longTermDebt, last quarter)
Short Term Debt = 284.1m USD (from shortTermDebt, last quarter)
Debt = 10.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.75b USD (from netDebt column, last quarter)
Enterprise Value = 56.98b USD (47.23b + Debt 10.04b - CCE 296.5m)
Interest Coverage Ratio = 7.47 (Ebit TTM 2.21b / Interest Expense TTM 295.4m)
FCF Yield = 5.47% (FCF TTM 3.12b / Enterprise Value 56.98b)
FCF Margin = 65.16% (FCF TTM 3.12b / Revenue TTM 4.79b)
Net Margin = 39.53% (Net Income TTM 1.89b / Revenue TTM 4.79b)
Gross Margin = 73.01% ((Revenue TTM 4.79b - Cost of Revenue TTM 1.29b) / Revenue TTM)
Gross Margin QoQ = 72.97% (prev 73.52%)
Tobins Q-Ratio = 2.83 (Enterprise Value 56.98b / Total Assets 20.11b)
Interest Expense / Debt = 0.79% (Interest Expense 79.7m / Debt 10.04b)
Taxrate = 0.55% (2.83m / 517.6m)
NOPAT = 2.19b (EBIT 2.21b * (1 - 0.55%))
Current Ratio = 0.45 (Total Current Assets 296.5m / Total Current Liabilities 664.4m)
Debt / Equity = 1.08 (Debt 10.04b / totalStockholderEquity, last quarter 9.31b)
Debt / EBITDA = 2.91 (Net Debt 9.75b / EBITDA 3.34b)
Debt / FCF = 3.13 (Net Debt 9.75b / FCF TTM 3.12b)
Total Stockholder Equity = 9.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.41% (Net Income 1.89b / Total Assets 20.11b)
RoE = 19.93% (Net Income TTM 1.89b / Total Stockholder Equity 9.49b)
RoCE = 11.30% (EBIT 2.21b / Capital Employed (Equity 9.49b + L.T.Debt 10.04b))
RoIC = 14.68% (NOPAT 2.19b / Invested Capital 14.96b)
WACC = 6.46% (E(47.23b)/V(57.27b) * Re(7.67%) + D(10.04b)/V(57.27b) * Rd(0.79%) * (1-Tc(0.01)))
Discount Rate = 7.67% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 0.06%
[DCF Debug] Terminal Value 78.66% ; FCFE base≈2.95b ; Y1≈3.03b ; Y5≈3.38b
Fair Price DCF = 338.9 (DCF Value 59.47b / Shares Outstanding 175.5m; 5y FCF grow 2.50% → 3.0% )
EPS Correlation: -41.30 | EPS CAGR: -4.95% | SUE: 0.30 | # QB: 0
Revenue Correlation: 91.26 | Revenue CAGR: 7.78% | SUE: 0.71 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.48 | Chg30d=-0.001 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=10.27 | Chg30d=-0.045 | Revisions Net=-2 | Growth EPS=+1.7% | Growth Revenue=+3.6%
Additional Sources for PSA Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle