Public Storage
NYSE:PSA

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Public Storage
NYSE:PSA
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Price: 296.72 USD -0.26%
Market Cap: 52B USD
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Public Storage
Operating Expenses

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Public Storage
Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
Public Storage
NYSE:PSA
Operating Expenses
-$1.2B
CAGR 3-Years
-18%
CAGR 5-Years
-17%
CAGR 10-Years
-9%
American Tower Corp
NYSE:AMT
Operating Expenses
-$3.5B
CAGR 3-Years
-5%
CAGR 5-Years
-3%
CAGR 10-Years
-9%
Crown Castle International Corp
NYSE:CCI
Operating Expenses
-$2.5B
CAGR 3-Years
-8%
CAGR 5-Years
-3%
CAGR 10-Years
-8%
Extra Space Storage Inc
NYSE:EXR
Operating Expenses
-$945.7m
CAGR 3-Years
-41%
CAGR 5-Years
-25%
CAGR 10-Years
-19%
Digital Realty Trust Inc
NYSE:DLR
Operating Expenses
-$2.6B
CAGR 3-Years
-9%
CAGR 5-Years
-13%
CAGR 10-Years
-15%
Equinix Inc
NASDAQ:EQIX
Operating Expenses
-$2.7B
CAGR 3-Years
-10%
CAGR 5-Years
-11%
CAGR 10-Years
-14%
No Stocks Found

Public Storage
Glance View

Market Cap
52B USD
Industry
Real Estate
Economic Moat
None

Public Storage, an integral part of the American commercial landscape, has built a reputation as a prominent real estate investment trust (REIT) specializing in self-storage facilities. Founded in 1972, the company capitalized on a simple yet powerful insight: as urban populations grew, so did the need for individuals and businesses to efficiently store their belongings. Over the decades, Public Storage fine-tuned its business model, acquiring and developing storage units across major cities and suburban areas. This allowed the company to cater to diverse demands—be it for customers who are relocating, businesses needing additional space for inventory, or families storing seasonal items. The way Public Storage generates revenue is straightforward—yet effective. The company leases storage space to customers who require flexible solutions without the long-term commitments typical of traditional real estate leases. This level of flexibility, combined with strategic locations, has enabled Public Storage to maintain high occupancy rates and achieve relatively stable cash flows. As the urban sprawl continues and people increasingly seek decluttering solutions, Public Storage has successfully leveraged these trends by constantly expanding its footprint and refining its service offering to meet the evolving needs of a dynamic consumer base. With its distinct blend of strategic growth and operational efficiency, Public Storage remains a stalwart in the self-storage industry.

PSA Intrinsic Value
248.82 USD
Overvaluation 16%
Intrinsic Value
Price

See Also

What is Public Storage's Operating Expenses?
Operating Expenses
-1.2B USD

Based on the financial report for Sep 30, 2024, Public Storage's Operating Expenses amounts to -1.2B USD.

What is Public Storage's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
-9%

Over the last year, the Operating Expenses growth was -19%. The average annual Operating Expenses growth rates for Public Storage have been -18% over the past three years , -17% over the past five years , and -9% over the past ten years .

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