- ISIN
- US74460D1090
- CUSIP
- 74460D109
- Sector
- Real Estate
- Industry
- REIT - Industrial
- IPO Date
- Nov 18, 1980
Highlights
- Market Cap
- $56.34B
- Enterprise Value
- $65.91B
- EPS (TTM)
- $10.84
- PE Ratio
- 29.55
- PEG Ratio
- 1.78
- Total Revenue (TTM)
- $4.86B
- Gross Profit (TTM)
- $2.95B
- EBITDA (TTM)
- $3.38B
- Year Range
- $256.54 - $331.79
- Target Price
- $303.70
- ROA (TTM)
- 9.60%
- ROE (TTM)
- 20.66%
Share Price Chart
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Performance
PSA Performance Chart
Public Storage (PSA) is up 25.8% since the beginning of the year. At $320 per share, PSA is trading 3.5% below its 52-week high of $332. Investors who bought $1,000 worth of PSA shares 5 years ago would now be looking at an investment worth $1,313.
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Returns By Period
Public Storage (PSA) has returned 25.81% so far this year and 14.97% over the past 12 months. Over the last ten years, PSA has returned 7.08% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Public Storage
- 1D
- 0.66%
- 1M
- 5.88%
- YTD
- 25.81%
- 6M
- 24.89%
- 1Y
- 14.97%
- 3Y*
- 8.44%
- 5Y*
- 5.59%
- 10Y*
- 7.08%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PSA Monthly Returns History
Based on dividend-adjusted daily data since Nov 18, 1980, PSA's average daily return is +0.06%, while the average monthly return is +1.12%. At this rate, an investment would double in approximately 5.2 years.
Historically, 55% of months were positive and 45% were negative. The best month was Dec 1996 with a return of +23.2%, while the worst month was May 1986 at -28.5%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PSA closed higher 46% of trading days. The best single day was Oct 10, 2008 with a return of +20.3%, while the worst single day was Dec 1, 2008 at -18.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.43% | 11.18% | -10.88% | 11.65% | 0.41% | 6.42% | 25.81% | ||||||
| 2025 | -0.32% | 1.72% | -0.44% | 0.38% | 2.66% | -3.90% | -7.32% | 8.33% | -0.93% | -3.56% | -1.44% | -4.44% | -9.69% |
| 2024 | -7.15% | 0.24% | 3.24% | -10.55% | 5.54% | 6.21% | 2.88% | 16.15% | 6.75% | -9.57% | 5.77% | -13.15% | 2.09% |
| 2023 | 8.62% | -1.77% | 2.13% | -2.42% | -3.91% | 4.11% | -3.47% | -1.91% | -3.61% | -9.41% | 8.40% | 19.16% | 13.60% |
| 2022 | -4.28% | -0.98% | 10.55% | -4.81% | -11.00% | -4.79% | 8.63% | 1.35% | -10.97% | 5.79% | -3.81% | -5.34% | -20.20% |
| 2021 | -1.43% | 2.78% | 6.36% | 13.94% | 0.47% | 7.17% | 3.92% | 3.56% | -7.62% | 11.81% | -1.44% | 15.06% | 66.63% |
Benchmark Metrics
Public Storage has an annualized alpha of 8.31%, beta of 0.65, and R2 of 0.18 versus S&P 500 Index. Calculated based on daily prices since November 18, 1980.
- This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (55.33%) than losses (28.92%) - typical of diversified or defensive assets.
- Beta of 0.65 may look defensive, but with R2 of 0.18 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
- R2 of 0.18 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 8.31%
- Beta
- 0.65
- R²
- 0.18
- Upside Capture
- 55.33%
- Downside Capture
- 28.92%
Return for Risk
Risk / Return Rank
PSA ranks 60 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Public Storage (PSA) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PSA | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.38 | ||
| Sortino ratioReturn per unit of downside risk | -1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.37 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | 2.78 | -1.86 |
| Martin ratioReturn relative to average drawdown | 2.04 | 12.44 | -10.40 |
Dividends
Dividend History
Public Storage provided a 3.75% dividend yield over the last twelve months, with an annual payout of $12.00 per share. The company has been increasing its dividends for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $12.00 | $12.00 | $12.00 | $12.00 | $21.15 | $8.00 | $8.00 | $8.00 | $8.00 | $8.00 | $7.30 | $6.50 |
Dividend yield | 3.75% | 4.62% | 4.01% | 3.93% | 7.55% | 2.14% | 3.46% | 3.76% | 3.95% | 3.83% | 3.27% | 2.62% |
Monthly Dividends
The table displays the monthly dividend distributions for Public Storage. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $3.00 | $0.00 | $0.00 | $3.00 | $6.00 | ||||||
| 2025 | $0.00 | $0.00 | $3.00 | $0.00 | $0.00 | $3.00 | $0.00 | $0.00 | $3.00 | $0.00 | $0.00 | $3.00 | $12.00 |
| 2024 | $0.00 | $0.00 | $3.00 | $0.00 | $0.00 | $3.00 | $0.00 | $0.00 | $3.00 | $0.00 | $0.00 | $3.00 | $12.00 |
| 2023 | $0.00 | $0.00 | $3.00 | $0.00 | $0.00 | $3.00 | $0.00 | $0.00 | $3.00 | $0.00 | $0.00 | $3.00 | $12.00 |
| 2022 | $0.00 | $0.00 | $2.00 | $0.00 | $0.00 | $2.00 | $13.15 | $0.00 | $2.00 | $0.00 | $0.00 | $2.00 | $21.15 |
| 2021 | $0.00 | $0.00 | $2.00 | $0.00 | $0.00 | $2.00 | $0.00 | $0.00 | $2.00 | $0.00 | $0.00 | $2.00 | $8.00 |
Dividend Yield & Payout
Dividend Yield
Public Storage has a dividend yield of 3.75%, which is quite average when compared to the overall market.
Payout Ratio
Public Storage has a payout ratio of 120.85%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Public Storage. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Public Storage was 60.19%, occurring on Oct 15, 1990. Recovery took 688 trading sessions.
The current Public Storage drawdown is 6.71%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
1990 bear market1990 | -60.19%Oct 1990 | 5y 6mo | 2y 8mo | 8y 3moMar 1985 - Jul 1993 |
Financial crisis2007–2009 | -55.80%Mar 2009 | 2y 25d | 1y 6mo | 3y 6moFeb 2007 - Sep 2010 |
2023 bear market2023 | -37.93%Oct 2023 | 1y 6mo | — | 4y 2moApr 2022 - now |
COVID crash2020 | -37.64%Mar 2020 | 6mo 22d | 1y 9d | 1y 7moSep 2019 - Apr 2021 |
Dot-com crash2000–2002 | -33.10%Mar 2000 | 2y 28d | 1y 3mo | 3y 4moFeb 1998 - Jun 2001 |
Drawdown Indicators
| PSA | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.19% | -56.78% | -3.41% |
Max Drawdown (1Y)Largest decline over 1 year | -16.20% | -9.10% | -7.10% |
Max Drawdown (3Y)Largest decline over 3 years | -25.62% | -18.90% | -6.72% |
Max Drawdown (5Y)Largest decline over 5 years | -37.93% | -25.43% | -12.50% |
Max Drawdown (10Y)Largest decline over 10 years | -37.93% | -33.92% | -4.01% |
Current DrawdownCurrent decline from peak | -6.71% | -1.80% | -4.91% |
Average DrawdownAverage peak-to-trough decline | -15.77% | -10.71% | -5.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.37% | 2.03% | +5.34% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Public Storage over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Public Storage is priced in the market compared to other companies in the REIT - Industrial industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for PSA, comparing it with other companies in the REIT - Industrial industry. Currently, PSA has a P/E ratio of 29.6. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for PSA compared to other companies in the REIT - Industrial industry. PSA currently has a PEG ratio of 1.8. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for PSA relative to other companies in the REIT - Industrial industry. Currently, PSA has a P/S ratio of 11.6. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for PSA in comparison with other companies in the REIT - Industrial industry. Currently, PSA has a P/B value of 6.1. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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