Fundamental analysis · SEC EDGAR · TTM through 30/06/2026
PSA · NYSE · Real estate
Fundamental quality
78
out of 100
Public Storage fits the profile of a quality compounder: it pairs high return on capital (ROE 22.2%) with wide margins (net margin 41.8%) and a business that keeps growing (9.9% a year). On fundamental quality it scores 78 out of 100, profiling it as a company with solid fundamentals. Its weakest area is its growth (revenue +9.9%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Public Storage is the king of American self-storage: thousands of orange facilities where millions of households keep what doesn't fit. A strangely magnificent real-estate business: cheap to build, cheaper to run, and people rarely come for their stuff.
EPS growth: 9.7% · Revenue growth: 9.9%
Net margin: 41.8% · ROE: 22.2% · ROIC: 7.3%
Net debt/EBITDA: 3.87x
Source: SEC EDGAR · TTM through 30/06/2026
The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its growth drags it down the most.
Percentile against the other 12 Real estate companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 2,915 | 1,357 | — | 2,287 |
| 2021 | 3,416 | 1,953 | — | 6,741 |
| 2022 | 4,182 | 4,349 | — | 6,096 |
| 2023 | 4,518 | 2,148 | — | 8,733 |
| 2024 | 4,696 | 2,072 | — | 8,906 |
| 2025 | 4,824 | 1,784 | — | 9,936 |
Between 2020 and 2025, revenue went from $2,915M to $4,824M (+65%) and net income went from $1,357M to $1,784M (+31%). Meanwhile, its margins have narrowed (from 47% to 37%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):
Compared with the previous close (March 31, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$2.2
per share, yearly
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
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Is Public Storage cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Public Storage a good company to invest in?
In terms of business quality, Public Storage scores 78 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Public Storage a profitable company?
Very. Public Storage shows a net margin of 41.8% and an ROE of 22.2%, typical of a highly profitable business.
Does Public Storage have a lot of debt?
Yes, its leverage is high: net debt is 3.87 times its EBITDA, and it has been rising.
Is Public Storage growing?
Its revenue has grown 9.9% annualized in recent years and its earnings per share 9.7%, and without interruption since 2020.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Who's behind the methodology and model · how the score is computed
Data: see Public Storage's filings on EDGAR
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