Public Storage PSA
REIT - Industrial, Real Estate
$285.15
+1.12%
- Market cap
- $50.1B
- PE
- 26.9×
- 10y median 29.6×
- Forward PE
- Price to sales
- 10.1×
- EV/EBIT
- 28.0×
- Revenue, 12 months
- $4.9B
- +3% on a year ago
- Net margin
- 41.8%
- Free cash flow yield
- —
Public Storage trades at 26.9× trailing earnings, cheaper than 73% of the last ten years. Revenue was $4.9B over the last twelve months, up 3% on a year earlier with a 42% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.2B | $1.2B | $1.2B | $1.2B | $1.2B+2% | $1.2B+2% | $1.2B+2% | $1.2B+3% | $1.2B+3% | $1.2B+3% | $1.2B+3% | |
| Cost of revenue | $290.8M | $324.5M | $301M | $321.7M | $310.8M+7% | $331.8M+2% | $318M+6% | $330.9M+3% | $923.8M+197% | $340M+3% | $344.1M+8% |
| Gross profit | $869M | $832.7M | $872.2M | $866.1M | $866.7M−0% | $851.3M+2% | $883.1M+1% | $893.2M+3% | — | $877.7M+3% | $888.8M+1% |
| SG&A | $23.1M | $21.3M | $26.6M | $26.2M | $32.5M+41% | $25.2M+18% | $24.7M−7% | $28.8M+10% | $27M−17% | $56.7M+125% | $44.4M+80% |
| $580.5M | $526.2M | $562.2M | — | — | $464M−12% | $500M−11% | — | $556.7M | $474.3M+2% | $466.7M−7% | |
| Interest expense | $68.6M | $67.8M | $73.2M | $74.3M | $72.1M+5% | $72M+6% | $71.6M−2% | $79.7M+7% | $81.2M+13% | $80M+11% | $84.8M+18% |
| Pre-tax income | $444.3M | $513.2M | $523.3M | $435.6M | $617M+39% | $412.2M−20% | $364.7M−30% | $517.6M+19% | $495.3M−20% | $530.9M+29% | $505.7M+39% |
| $2.4M | $1.5M | $2.1M | $2.5M | −$1.4M | $1.4M−4% | $3.2M+56% | $2.8M+14% | −$14.7M+973% | $1.6M+10% | $2.7M−16% | |
| Net income | $439.3M | $508.9M | $518.1M | $430.3M | $614.6M+40% | $407.8M−20% | $358.4M−31% | $511.1M+19% | $507.1M−18% | $526.3M+29% | $500M+40% |
| $2.22 | $2.60 | $2.66 | $2.16 | $3.21+45% | $2.04−22% | $1.76−34% | $2.62+21% | $2.60−19% | $2.71+33% | $2.55+45% | |
| 175.7M | 176.3M | 176M | 175.9M | 175.9M+0% | 175.9M−0% | 175.9M+0% | 175.9M+0% | 175.9M+0% | 175.9M+0% | 176.5M+0% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Real Estate within ten times Public Storage's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| PSAPublic Storage | $50.1B | 26.9× | 29.6× | 10.1× | +3% | 41.8% | |
| ORealty Income Corporation | $51B | 38.9× | 53.0× | 8.3× | +11% | 21.5% | |
| VTRVentas, Inc. | $42.1B | 148× | 53.0× | 6.4× | +21% | 4.1% | |
| SPGSimon Property Group, Inc. | $64.6B | 14.0× | 21.5× | 9.2× | +15% | 66.4% | |
| DLRDigital Realty Trust, Inc. | $65.2B | 87.2× | 67.6× | 9.9× | +17% | 11.8% | |
| CBRECBRE Group, Inc. | $37.6B | 29.3× | 21.9× | 0.8× | +15% | 3.0% | |
| IRMIron Mountain Incorporated | $33.6B | 82.7× | 48.2× | 4.6× | +17% | 5.5% | |
| AMTAmerican Tower Corporation | $77.5B | 22.9× | 56.1× | 7.1× | +7% | 32.1% | |
| CCICrown Castle Inc. | $29.2B | 35.0× | 77.1× | 7.1× | −5% | 20.7% | |
| EXRExtra Space Storage Inc. | $27.9B | 29.5× | 31.1× | 8.1× | +4% | 27.8% | |
| EQIXEquinix, Inc. | $99.4B | 66.4× | 98.1× | 10.4× | +10% | 15.6% | |
| Peer median | $46.5B | 37.0× | 53.0× | 7.6× | +13% | 18.2% |
About
- Industry
- REIT - Industrial
- Sector
- Real Estate
Valuation data, not investment advice. Prices as of .