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Public Storage PSA EV / EBITDA

EV / EBITDA at other companies

Extra Space Storage logo
Extra Space StorageEXR
13.4×-1.6×
Realty Income logo
Realty IncomeO
11.6×+0.1×
Prologis logo
PrologisPLD
20.8×-2.5×
AvalonBay Communities logo
AvalonBay CommunitiesAVB
11.5×-2.4×
W.P. Carey Inc. logo
W.P. Carey Inc.WPC
17.3×-0.9×
Northern Trust logo
Northern TrustNTRS
2.8×+1.3×

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 EV / EBITDA?
Public Storage (PSA) reported EV / EBITDA of 17.2× in Q4 2025.
How has Public Storage's EV / EBITDA changed year-over-year?
Public Storage's EV / EBITDA decreased by 1.8% year-over-year, from 17.5× to 17.2×.
What is the long-term trend for Public Storage's EV / EBITDA?
Over 3 years (2022 to 2025), Public Storage's EV / EBITDA has grown at a 7.4% compound annual growth rate (CAGR), from 58.6× to 72.5×.
What does EV / EBITDA mean?
What the whole business (debt included) costs relative to its operating cash earnings.
How do you interpret EV / EBITDA?
Lets you compare companies with different leverage and tax positions on a like-for-like basis — the standard multiple in M&A. Lower can mean cheaper, subject to growth and capital intensity.
How does EV / EBITDA compare across companies?
Broadly comparable across non-financial sectors; not used for banks and insurers, where EBITDA is not meaningful.