Public Storage
Market Cap
$60.7B
Global Rank
#241
All-Time High
$61.7B
2026-07-28
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 34% of the 367 companies we track (globally).
- Equivalent to 0.2% of United States's GDP (2025 data).
- Just above: #240 Vale S.A. ($60.9B)
- Just below: #242 Aflac Incorporated ($60.7B)
- Best year: 1996 (+72%). Worst year: 2007 (-23%).
Public Storage Financial Breakdown (FY 2025)
Source: Yahoo Finance โ PSA annual filings (2025) โ$4.8B revenue ยท $2.3B operating income ยท $1.8B net income
- โOperating margin: 46.9% on $4.8B in revenue.
- โNet income margin: 37.0% โ $1.8B in profit.
- โFree cash flow: $2.9B (60.1% of revenue).
Cost / Operating Expenses
Total operating expenses $2.6B
Total
$1.4B
Capital Expenditures
$0.3B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$2.9B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About Public Storage
Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space. The company also provides insurance services for tenants and manages 307 self storage facilities for other owners.
Public Storage Market Cap History (2026โ2026)
Public Storage vs Sector Peers by Market Cap
Compare Public Storage
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $60.7B | #241(โ23) | +36.1% |
| 2025 | $44.6B | #264(โ28) | -9.8% |
| 2024 | $49.5B | #236(โ9) | +2.2% |
| 2023 | $48.4B | #227(โ20) | +13.1% |
| 2022 | $42.8B | #207(โ17) | -20.3% |
| 2021 | $53.6B | #190(โ57) | +67.2% |
| 2020 | $32.1B | #247(โ20) | +12.7% |
| 2019 | $28.5B | #227(โ20) | +8.9% |
| 2018 | $26.1B | #207(โ7) | +0.6% |
| 2017 | $26.0B | #214(โ45) | -2.9% |
| 2016 | $26.7B | #169(โ28) | -7.1% |
| 2015 | $28.8B | #141(โ44) | +38.5% |
| 2014 | $20.8B | #185(โ12) | +27.0% |
| 2013 | $16.4B | #197(โ36) | +7.2% |
| 2012 | $15.3B | #161(โ10) | +11.2% |
| 2011 | $13.7B | #151(โ45) | +36.8% |
| 2010 | $10.0B | #196(โ6) | +28.5% |
| 2009 | $7.8B | #202(โ29) | +6.8% |
| 2008 | $7.3B | #173(โ49) | +11.1% |
| 2007 | $6.6B | #222(โ32) | -22.9% |
| 2006 | $8.5B | #190(โ11) | +47.7% |
| 2005 | $5.8B | #201(โ8) | +25.2% |
| 2004 | $4.6B | #193(โ7) | +33.5% |
| 2003 | $3.5B | #200(โ1) | +41.6% |
| 2002 | $2.4B | #199(โ10) | +1.9% |
| 2001 | $2.4B | #209(โ6) | +44.5% |
| 2000 | $1.7B | #203(โ34) | +14.1% |
| 1999 | $1.5B | #169(โ17) | -11.1% |
| 1998 | $1.6B | #152(โ11) | -4.8% |
| 1997 | $1.7B | #141(โ19) | -2.2% |
| 1996 | $1.8B | #122(โ10) | +72.3% |
| 1995 | $1.0B | #132(โ14) | +40.0% |
| 1994 | $728.8M | #118 |
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FAQ
What is Public Storage's market cap?
Public Storage (PSA) has a market capitalization of $60.7B, making it the #241 largest company in the world by market cap.
What was Public Storage's highest market cap?
Public Storage's all-time high market cap was $61.7B, reached in 2026-07-28. Its highest rank was #241 in 2026.
What sector is Public Storage in?
Public Storage is in the Real Estate sector, specifically the REIT - Industrial industry. It is based in United States.
How has Public Storage's market cap changed over time?
Public Storage has been tracked since 2026. Its market cap has grown by 0% from $60.7B in 2026 to $60.7B today.