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Upturn AI SWOT - About
PSA 
Public Storage (PSA)
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Upturn Advisory Summary
10/13/2025: PSA (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
21 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $322.47
1 Year Target Price $322.47
| 7 | Strong Buy |
| 5 | Buy |
| 9 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 9.69% | Avg. Invested days 34 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/13/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 51.66B USD | Price to earnings Ratio 32.14 | 1Y Target Price 322.47 |
Price to earnings Ratio 32.14 | 1Y Target Price 322.47 | ||
Volume (30-day avg) 21 | Beta 0.88 | 52 Weeks Range 251.43 - 342.02 | Updated Date 10/13/2025 |
52 Weeks Range 251.43 - 342.02 | Updated Date 10/13/2025 | ||
Dividends yield (FY) 4.08% | Basic EPS (TTM) 9.16 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 38.06% | Operating Margin (TTM) 47.58% |
Management Effectiveness
Return on Assets (TTM) 6.9% | Return on Equity (TTM) 18.92% |
Valuation
Trailing PE 32.14 | Forward PE 28.41 | Enterprise Value 64419621527 | Price to Sales(TTM) 10.86 |
Enterprise Value 64419621527 | Price to Sales(TTM) 10.86 | ||
Enterprise Value to Revenue 13.56 | Enterprise Value to EBITDA 19.84 | Shares Outstanding 175452848 | Shares Floating 157388223 |
Shares Outstanding 175452848 | Shares Floating 157388223 | ||
Percent Insiders 10.19 | Percent Institutions 82.3 |
Upturn AI SWOT
Public Storage
Company Overview
History and Background
Public Storage was founded in 1972 by B. Wayne Hughes and Kenneth Volk Jr. as a real estate investment trust (REIT). Initially named Private Storage, Inc., it quickly expanded, pioneering the self-storage industry's growth through acquisitions and development.
Core Business Areas
- Self-Storage Operations: This segment involves the rental of storage spaces to individuals and businesses. It includes managing and operating storage facilities, marketing, and customer service.
- Ancillary Operations: Includes the sale of merchandise such as boxes, locks, and packing supplies, as well as tenant reinsurance.
- Acquisitions and Development: Involves the acquisition and development of new self-storage facilities to expand the company's portfolio. This includes market research, site selection, and construction.
Leadership and Structure
The CEO is Joseph D. Russell, Jr. Public Storage operates as a REIT with a board of trustees overseeing the management team.
Top Products and Market Share
Key Offerings
- Self-Storage Units: Various sizes of storage units are rented to residential and commercial customers for storing personal or business belongings. Public Storage holds the largest market share in the US self-storage industry, estimated around 10% of the total market (highly fragmented). Competitors include Extra Space Storage, Life Storage and CubeSmart. Revenue varies year to year. In 2023 total revenue was $4.53 billion USD.
- Moving and Packing Supplies: Boxes, locks, tape, and other supplies are sold to customers for their moving and storage needs. Revenue from this segment is relatively small compared to self-storage unit rentals. Competitors include U-Haul and Amazon.
- Tenant Reinsurance: Public Storage offers insurance for stored items. Competitors include SafeStor and other third-party insurance providers.
Market Dynamics
Industry Overview
The self-storage industry is characterized by a highly fragmented market with many small and large players. Key drivers include population growth, mobility rates, and economic conditions. The industry has shown resilience during economic downturns as individuals downsize or relocate.
Positioning
Public Storage is the largest self-storage REIT, known for its scale, brand recognition, and operational efficiency. Its competitive advantages stem from its extensive network of facilities, strong brand, and economies of scale.
Total Addressable Market (TAM)
The global self-storage market size was valued at $57.4 billion in 2023 and is projected to reach $74.21 billion by 2032. Public Storage's TAM is limited to the markets it serves, primarily in the US and Europe. Public Storage, with approximately $4.53 Billion in revenue in 2023, has significant room to grow within the overall TAM.
Upturn SWOT Analysis
Strengths
- Largest self-storage REIT
- Strong brand recognition
- Extensive network of facilities
- Operational efficiency
- Strong financial performance
Weaknesses
- High capital expenditure requirements
- Sensitivity to economic downturns
- Dependence on occupancy rates
- Geographic concentration (primarily US)
- Exposure to property taxes
Opportunities
- Expansion into new markets
- Technological advancements (e.g., online rentals)
- Increased demand from e-commerce businesses
- Acquisitions of smaller operators
- Development of new storage facilities
Threats
- Increased competition
- Economic recession
- Rising interest rates
- Changes in consumer behavior
- Overbuilding of storage facilities
Competitors and Market Share
Key Competitors
- EXR
- LSI
- CUBE
Competitive Landscape
Public Storage benefits from its scale and brand, giving it a competitive edge. However, competitors like Extra Space Storage (EXR), Life Storage (LSI), and CubeSmart (CUBE) are also strong players with significant market share.
Major Acquisitions
Allspace
- Year: 2005
- Acquisition Price (USD millions): 550
- Strategic Rationale: Expanded geographic reach and increased market share in key markets.
Shurgard Storage Centers
- Year: 2006
- Acquisition Price (USD millions): 5200
- Strategic Rationale: Doubled the size of Public Storage's European footprint.
Growth Trajectory and Initiatives
Historical Growth: Public Storage has grown through acquisitions, development, and organic growth. Occupancy rates and rental rates have generally increased over time.
Future Projections: Analysts project continued growth for Public Storage, driven by demand for self-storage. Revenue is expected to increase due to growing markets and expansions.
Recent Initiatives: Recent initiatives include investments in technology to improve online booking and customer service, as well as expansion into new markets.
Summary
Public Storage is the largest player in a fragmented self-storage industry. Its strengths include a strong brand, large network, and operational efficiency. However, weaknesses include high capital requirements and sensitivity to economic cycles. Its current position is strong but increased competition requires monitoring.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Industry Reports
- Analyst Reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market conditions can change rapidly, and past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Public Storage
Exchange NYSE | Headquaters Glendale, CA, United States | ||
IPO Launch date 1980-11-18 | CEO, President & Trustee Mr. Joseph D. Russell Jr. | ||
Sector Real Estate | Industry REIT - Industrial | Full time employees 5900 | Website https://www.publicstorage.com |
Full time employees 5900 | Website https://www.publicstorage.com | ||
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At June 30, 2025, we: (i) owned and/or operated 3,432 self-storage facilities located in 40 states with approximately 250 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 321 self-storage facilities located in seven Western European nations with approximately 18 million net rentable square feet operated under the Shurgard brand. Our headquarters are located in Glendale, California.
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