public storage built its first self-storage facility in 1972. today we’re the nation’s largest self-storage provider and we couldn’t have done it without the support and dedication of all our team-members. it’s our people, the remarkable public storage family that makes us the leader in the industry! we’re privileged to have driven and talented groups of people across all levels of our organization; from our property managers who greet and assist our customers every day to our district managers who strive to ensure each member of their team is trained for success; our corporate team-members and company officers work passionately to provide field management with tools required for them to succeed. we owe our success to their effort and dedication. be a part of our thriving community, the public storage team! explore our website for opportunities ranging from property management, field management, corporate, real estate, it and call center positions; you’ll find one that's just right for
Company profile
Ticker
PSA, PSA+I, PSA+J, PSA+K, PSA+L, PSA+N, PSA+O, PSA+P, PSA+Q, PSA+R, PSA+S
Exchange
Website
CEO
Joseph Russell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Public Storage OP, LP • Public Storage Operating Company • PS California Holdings, Inc • PS Simply Storage, LLC ...
IRS number
953551121
PSA stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
20 Feb 24
8-K
Results of Operations and Financial Condition
20 Feb 24
8-K
Regulation FD Disclosure
9 Jan 24
8-K
Amendments to Articles of Incorporation or Bylaws
13 Nov 23
10-Q
2023 Q3
Quarterly report
30 Oct 23
8-K
Results of Operations and Financial Condition
30 Oct 23
8-K
Public Storage Announces Closing of Simply Self Storage Acquisition
13 Sep 23
8-K
Regulation FD Disclosure
11 Sep 23
15-12G
Securities registration termination
15 Aug 23
25-NSE
Exchange delisting
15 Aug 23
Transcripts
PSA
Earnings call transcript
2023 Q4
21 Feb 24
PSA
Earnings call transcript
2023 Q3
31 Oct 23
PSA
Earnings call transcript
2023 Q2
3 Aug 23
PSA
Earnings call transcript
2023 Q1
4 May 23
PSA
Earnings call transcript
2022 Q4
22 Feb 23
PSA
Earnings call transcript
2022 Q3
2 Nov 22
PSA
Earnings call transcript
2022 Q2
5 Aug 22
PSA
Earnings call transcript
2022 Q1
4 May 22
PSA
Earnings call transcript
2021 Q4
23 Feb 22
PSA
Earnings call transcript
2021 Q3
2 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 660.36 mm | 660.36 mm | 660.36 mm | 660.36 mm | 660.36 mm | 660.36 mm |
Cash burn (monthly) | 7.25 mm | 20.94 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 40.83 mm | 118.02 mm | n/a | n/a | n/a | n/a |
Cash remaining | 619.53 mm | 542.34 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 85.5 | 25.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
58.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 851 |
Opened positions | 129 |
Closed positions | 224 |
Increased positions | 321 |
Reduced positions | 287 |
13F shares | Current |
---|---|
Total value | 27.85 tn |
Total shares | 102.37 mm |
Total puts | 172.30 k |
Total calls | 109.70 k |
Total put/call ratio | 1.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 20.73 mm | $6.32 tn |
STT State Street | 11.42 mm | $3.48 tn |
T. Rowe Price | 5.21 mm | $1.59 bn |
Wellington Management | 4.19 mm | $1.28 tn |
Capital International Investors | 3.26 mm | $992.91 bn |
Charles Schwab Investment Management | 2.69 mm | $794.16 bn |
FMR | 2.64 mm | $804.51 bn |
LGEN Legal & General | 2.61 mm | $796.63 bn |
JPM JPMorgan Chase & Co. | 2.54 mm | $774.50 bn |
Dimensional Fund Advisors | 2.17 mm | $662.69 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Mar 24 | Williams Paul S | AO LTIP Units Common Shares | Grant | Acquire A | No | No | 0 | 5,000 | 0.00 | 5,000 |
5 Mar 24 | Williams Paul S | Stock Option Common Shares | Sale back to company | Dispose D | No | No | 286.81 | 5,000 | 1.43 mm | 0 |
5 Mar 24 | Williams Paul S | AO LTIP Units Common Shares | Grant | Acquire A | No | No | 0 | 5,163 | 0.00 | 5,163 |
5 Mar 24 | Williams Paul S | Stock Option Common Shares | Sale back to company | Dispose D | No | No | 386.32 | 5,163 | 1.99 mm | 0 |
5 Mar 24 | Williams Paul S | AO LTIP Units Common Shares | Grant | Acquire A | No | No | 0 | 5,163 | 0.00 | 5,163 |
5 Mar 24 | Williams Paul S | Stock Option Common Shares | Sale back to company | Dispose D | No | No | 266.4 | 5,163 | 1.38 mm | 0 |
5 Mar 24 | Williams Paul S | AO LTIP Units Common Shares | Grant | Acquire A | No | No | 0 | 15,491 | 0.00 | 15,491 |
5 Mar 24 | Williams Paul S | Stock Option Common Shares | Sale back to company | Dispose D | No | No | 223.61 | 15,491 | 3.46 mm | 0 |
5 Mar 24 | Shaukat Tariq M | AO LTIP Units Common Shares | Grant | Acquire A | No | No | 0 | 5,000 | 0.00 | 5,000 |
5 Mar 24 | Shaukat Tariq M | Stock Option Common Shares | Sale back to company | Dispose D | No | No | 286.81 | 5,000 | 1.43 mm | 0 |
News
Scotiabank Maintains Sector Perform on Public Storage, Raises Price Target to $270
18 Mar 24
If You Invested $1000 In This Stock 20 Years Ago, You Would Have $6,000 Today
13 Mar 24
Jefferies Maintains Buy on Public Storage, Raises Price Target to $331
7 Mar 24
Here's How Much $1000 Invested In Public Storage 20 Years Ago Would Be Worth Today
28 Feb 24
This Tech Company Is One Of Cramer's 'Absolute Stocks... If It Gets Hit, Buy More'
27 Feb 24
Press releases
Public Storage Declares First Quarter 2024 Dividends
23 Feb 24
Public Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2023
20 Feb 24
Public Storage to Release Fourth Quarter 2023 Earnings Results and Host Quarterly Conference Call
31 Jan 24
Public Storage Announces Tax Treatment of 2023 Dividends
17 Jan 24