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Public Storage PSA Interest coverage

Interest coverage at other companies

Realty Income logo
Realty IncomeO
2.1×+0.1×
Prologis logo
PrologisPLD
4.3×-0.5×
AvalonBay Communities logo
AvalonBay CommunitiesAVB
7.1×-1.3×
W.P. Carey Inc. logo
W.P. Carey Inc.WPC
2.9×+0.2×
Northern Trust logo
Northern TrustNTRS
1.4×0.0×
Costco Wholesale logo
Costco WholesaleCOST
76.9×+12.7×

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$55.86B-9.4%
P/E29.4×-1.9×
P/S11.5×-1.6×

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 trailing twelve months.

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 interest coverage?
Public Storage (PSA) reported interest coverage of 6.7× in Q1 2026.
How has Public Storage's interest coverage changed year-over-year?
Public Storage's interest coverage decreased by 13.9% year-over-year, from 7.7× to 6.7×.
What is the long-term trend for Public Storage's interest coverage?
Over 3 years (2022 to 2025), Public Storage's interest coverage has grown at a -36.8% compound annual growth rate (CAGR), from 115.5× to 29.2×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.