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
PS California Holdings, Inc ...
IRS number
953551121
PSA stock data
Latest filings (excl ownership)
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
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Aug 23
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Aug 23
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Aug 23
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Aug 23
S-3ASR
Automatic shelf registration
14 Aug 23
POSASR
Automatic shelf registration (post-effective amendment)
14 Aug 23
Transcripts
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
PSA
Earnings call transcript
2021 Q2
4 Aug 21
PSA
Earnings call transcript
2021 Q1
29 Apr 21
Latest ownership filings
Financial summary
Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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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) | 682.09 mm | 682.09 mm | 682.09 mm | 682.09 mm | 682.09 mm | 682.09 mm |
Cash burn (monthly) | 14.56 mm | 29.94 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 43.93 mm | 90.34 mm | n/a | n/a | n/a | n/a |
Cash remaining | 638.16 mm | 591.76 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 43.8 | 19.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
78.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 939 |
Opened positions | 114 |
Closed positions | 87 |
Increased positions | 361 |
Reduced positions | 308 |
13F shares | Current |
---|---|
Total value | 40.17 tn |
Total shares | 138.34 mm |
Total puts | 420.30 k |
Total calls | 258.10 k |
Total put/call ratio | 1.6 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 20.69 mm | $6.04 tn |
BLK Blackrock | 15.80 mm | $4.61 tn |
STT State Street | 11.21 mm | $3.27 tn |
Capital International Investors | 7.50 mm | $2.19 tn |
Wellington Management | 4.45 mm | $1.30 tn |
T. Rowe Price | 4.09 mm | $1.20 tn |
CNS Cohen & Steers | 4.04 mm | $1.18 tn |
Geode Capital Management | 3.86 mm | $1.13 tn |
JPM JPMorgan Chase & Co. | 2.44 mm | $710.96 bn |
LGEN Legal & General | 2.34 mm | $684.01 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Aug 23 | Johnson Natalia | Common Shares | Payment of exercise | Dispose F | No | No | 275.69 | 199 | 54.86 k | 19,987 |
30 Jun 23 | Havner Ronald L JR | Common Shares | Grant | Acquire A | No | No | 291.88 | 103 | 30.06 k | 42,218 |
30 Jun 23 | John Reyes | Common Shares | Grant | Acquire A | No | No | 291.88 | 103 | 30.06 k | 174,078 |
30 Jun 23 | Spogli Ronald P | Common Shares | Grant | Acquire A | No | No | 291.88 | 120 | 35.03 k | 11,987 |
30 Jun 23 | Neithercut David J | Common Shares | Grant | Acquire A | No | No | 291.88 | 127 | 37.07 k | 1,268 |
News
Analyst Ratings for Public Storage
27 Sep 23
Goldman Sachs Reinstates Buy on Public Storage, Announces $310 Price Target
27 Sep 23
Stocks That Hit 52-Week Lows On Thursday
21 Sep 23
Morgan Stanley Reinstates Equal-Weight on Public Storage, Announces $250 Price Target
21 Sep 23
Morgan Stanley Reinstates Equal-Weight on Public Storage, Maintains $250 Price Target
21 Sep 23
Press releases
Public Storage Announces Closing of Simply Self Storage Acquisition
13 Sep 23
Public Storage Launches Savvy Insurance to Serve the Self-Storage Industry
5 Sep 23
WillScot Mobile Mini Announces Appointment of Natalia Johnson to Board of Directors
9 Aug 23
Public Storage Reports Results for the Three and Six Months Ended June 30, 2023
2 Aug 23
Public Storage and Solar Landscape Announce Multistate Community Solar Portfolio
1 Aug 23