# Public Storage (PSA) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $302.01, market value $56.4 billion.

## Valuation
- **P/E (trailing): 28.8×** (5-yr avg 24.2×, 3-yr avg 26.6×). Public Storage trades at 28.8× trailing earnings, close to its own five-year average of 24.2×. The Real Estate median in the September 2026 study was 25.2×. Forward P/E is 29.9×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 11.5×**. Each dollar of revenue is priced at 11.5×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 11.0×**. The shares trade at 11.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Earnings yield: 3.5%**. The inverse of the P/E: 3.5% of the price is earned each year.

## Profitability
- **Net margin: 37.0%**. 37.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 19.3%**. 19.3% on shareholders' equity is solid.
- **Return on assets: 10.1%**. Each dollar of assets produces 10.1% of profit.

## Growth
- **Revenue growth (1 yr): 2.7%** (3-yr 4.9%/yr, 5-yr 10.6%/yr). Revenue grew 2.7% over the last year, against 10.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -15.3%** (3-yr -27.4%/yr, 5-yr 7.5%/yr). Earnings per share fell 15.3%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 1.11**. Debt is 1.11 times equity, a leveraged balance sheet, which is normal for real estate.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.97%** ($12.00 per share, trailing). Public Storage yields 3.97%, an income-level yield.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 8.4%/yr** (1-yr 0.0%). The dividend has grown 8.4% a year over five years.

## Analyst view
- **Analyst consensus: hold** (18 analysts). 18 analysts cover Public Storage; the consensus is hold, with an average price target of $336.28 (+11% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 7.6%** (YTD 18.7%, 3-mo -1.6%). The shares are up 7.6% over twelve months including dividends.
- **From 52-week high: -10.0%** (17.7% above the low). Trading 10% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 34**. An RSI of 34 is neutral.
- **Beta (1 yr): 0.40** (volatility 23%). Beta of 0.40 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=PSA · Page: https://foliofundamentals.com/stocks/psa

Not investment advice.