Public Storage
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- H. Thomas Boyle
- Full Time Employees
- 5,770
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 2811 Internet Boulevard Frisco TX United States 75034
- IPO Date
- Oct 19, 1984
- CIK
- 0001393311
- Website
- publicstorage.com
- Similar Companies
- Business
- Public Storage (NYSE: PSA), founded in 1972 and headquartered in Glendale, California, operates as a leading real estate investment trust (REIT) that acquires, develops, owns, and manages self-storage facilities across 40 U.S. states and through a 35% equity interest in Shurgard Self Storage Limited in seven Western European countries; the company owns or operates approximately 3,400 facilities encompassing 247 million net rentable square feet in the United States and 18 million net rentable square feet in Europe. It provides a comprehensive range of self-storage units in various sizes and features, including climate-controlled, drive-up access, and month-to-month rentals for individuals, businesses, students, and movers; sells moving and packing supplies such as boxes, locks, tape, and bubble wrap; offers tenant reinsurance products covering stored goods against damage or loss; and manages third-party self-storage properties while generating ancillary revenue from merchandise and other operations. Public Storage targets small businesses, entrepreneurs, corporations for inventory and equipment storage, and residential customers needing temporary solutions, emphasizing secure, accessible facilities with advanced security systems, online reservations, and sustainability initiatives like energy-efficient designs. In 2025, the company accelerated its growth strategy through opportunistic acquisitions, purchasing 74 facilities totaling 5.2 million square feet across 17 states for $814.6 million in the first nine months, including 49 facilities with 3.4 million square feet for $511.4 million in the third quarter alone; it completed or contracted $1.3 billion in wholly owned acquisitions and developments year-to-date, raised its full-year outlook for core funds from operations amid stabilizing operations, and issued senior notes including a $875 million public offering to fund investments and repay debt.
Company News
Public Storage Declares Fourth Quarter 2026 Dividends
Public Storage Prices Public Offering of $500 Million of Senior Notes at an Effective Interest Rate of 5.200%
3 Self-Storage REITs With Steady Rent Checks and Very Different Dividend Risks
Public Storage Q3 Earnings Call Highlights
Public Storage: 3 Key Takeaways for Long-Term Investors
Public Storage Q3 FFO Rises, Same-Store NOI Grows, 2026 Outlook Raised
Compared to Estimates, Public Storage (PSA) Q3 Earnings: A Look at Key Metrics
Public Storage (PSA) Surpasses Q3 FFO and Revenue Estimates
Public Storage Reports Third Quarter 2026 Results and Raises Guidance
Q3 Peak Season Arrives: Strong Beats, Sky-High AI Scrutiny
Johnson & Johnson Reveals Striking Cancer Trial Results
Johnson & Johnson reports 75% tumor response rate in advanced prostate cancer with JNJ-6143, a first-in-class RIPTAC™ molecule
Johnson & Johnson announces ERLEADA® (apalutamide) treatment before and after surgery reduces risk of recurrence or death by 62% versus surgery alone in high-risk prostate cancer
Public Storage Stock Before Q3 Earnings: Smart Buy or Risky Move?
Gear Up for Public Storage (PSA) Q3 Earnings: Wall Street Estimates for Key Metrics
Is it Wise to Retain Public Storage Stock in Your Portfolio Now?
Adults Are Fueling a Toy Boom—These 4 Stocks Could Cash In
VICI Properties (NYSE:VICI) versus Public Storage (NYSE:PSA) Financial Contrast
Public Storage $PSA Stock: Perpetual Ltd Trims Stake
RHP or PSA: Which Is the Better Value Stock Right Now?