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Public Storage PSA Book value per share

Book value per share at other companies

Extra Space Storage logo
Extra Space StorageEXR
$60.51-7.6%
Realty Income logo
Realty IncomeO
$41.89-4.2%
Prologis logo
PrologisPLD
$55.02-1.1%
AvalonBay Communities logo
AvalonBay CommunitiesAVB
$81.30-3.0%
W.P. Carey Inc. logo
W.P. Carey Inc.WPC
$37.65-0.6%
Northern Trust logo
Northern TrustNTRS
$69.62+6.0%

Other financials

Income statement

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Revenue$1.2B+2.9%
Operating income$474.3M+2.2%
Net income$526.3M+29.0%
EPS (diluted)$2.71+32.8%

Balance sheet

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Cash & equivalents$134.6M-53.1%
Total equity$9.2B-3.6%
Total assets$19.9B+1.2%

Cash flow

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Operating cash flow$694.8M-1.5%

Valuation

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Market cap$54.88B-9.4%
P/E28.8×-1.9×
P/S11.3×-1.5×

Profitability

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Gross margin72%
Operating margin51.6%
Net margin39.2%-2.6pp

Returns & leverage

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Return on equity20.3%+0.1pp
Debt / equity1.1×+0.1×

Where this comes from

Calculated from Public Storage’s reported figures.

Based on the most recent quarter.

The official record: Public Storage’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Public Storage's book value per share?
Public Storage (PSA) reported book value per share of $52.43 in Q1 2026.
How has Public Storage's book value per share changed year-over-year?
Public Storage's book value per share decreased by 3.6% year-over-year, from $54.37 to $52.43.
What is the long-term trend for Public Storage's book value per share?
Over 4 years (2021 to 2025), Public Storage's book value per share has grown at a 1.2% compound annual growth rate (CAGR), from $203.45 to $213.17.
What does book value per share mean?
The accounting net worth of the company behind each share.
How do you interpret book value per share?
A steadily rising book value per share reflects retained earnings compounding into equity. Compare against the share price (price-to-book) to gauge how the market values that book equity.
How does book value per share compare across companies?
Most meaningful for asset- and equity-heavy businesses (financials, industrials); less informative for asset-light firms whose value is intangible.