The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

PSA

Concerning the House

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2026, The firm: (i) owned and/or operated 3,584 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 335 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand. Public Storage is headquartered in Frisco, Texas. Public Storage was incorporated in 1972 in Maryland.

United States · www.publicstorage.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$4.52B+6.6%
Gross profit$2.01B+8.8%
Operating income$1.42B+10.3%
Net income$1.78B+8.9%
Cash from ops$3.13B+8.8%
Quotation

$328.72

+5.14 (+1.6%)

52w hi$330.47
52w lo$253.48
Vol477.08K
As ofAug 13
The Verdict

Hold

Our score +0.03

Short+0.15
Medium-0.02
Long-0.11

computed 2026-08-13

By the Numbers

Public Storage

Real Estate · REIT - Industrial

Market cap$61.39B
Enterprise value$71.19B
Trailing P/E31.37x
Forward P/E35.77x
EV / EBITDA20.72x
P / S (ttm)12.50x
Profit margin41.6%
Return on equity21.9%
Revenue growth+3.3%
Earnings growth+45.1%
Debt / equity109.63
Risk Metrics
Beta vs SPX0.41
Corr SPX0.29
Annual vol23.3%
Annual ret+5.1%
Sharpe0.22
Max DD-29.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.18
Sector+0.04
Technical+0.12
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$324.35$329.22$323.80$328.72477.08K
Aug 12$323.97$326.00$321.75$323.58789.00K
Aug 11$324.56$327.40$322.06$325.10622.70K
Aug 10$323.95$327.00$319.97$325.71903.50K
Aug 7$326.40$330.43$324.00$328.40978.90K