Public Storage
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At September 30, 2025, we: (i) owned and/or operated 3,491 self-storage facilities located in 40 states with approximately 254 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext B… Read more
Public Storage (PSA) - Total Assets
Latest total assets as of December 2025: $20.21 Billion USD
Based on the latest financial reports, Public Storage (PSA) holds total assets worth $20.21 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Public Storage - Total Assets Trend (1983–2025)
This chart illustrates how Public Storage’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Public Storage - Asset Composition Analysis
Current Asset Composition (December 2025)
Public Storage's total assets of $20.21 Billion consist of 1.6% current assets and 98.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.6% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $85.77 Million | 0.4% |
| Goodwill | $165.84 Million | 0.8% |
Asset Composition Trend (1983–2025)
This chart illustrates how Public Storage's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Public Storage's current assets represent 1.6% of total assets in 2025, an increase from 0.0% in 1983.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2025, up from 0.0% in 1983.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1983.
- Asset Diversification: The largest asset category is goodwill at 0.8% of total assets.
Public Storage Competitors by Total Assets
Key competitors of Public Storage based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Fibra Terrafina
PINK:CBAOF
|
USA | $63.31 Billion |
|
Esr Kendall Square Reit Co Ltd
KO:365550
|
Korea | ₩2.53 Trillion |
|
Atrium Real Estate Investment Trust
KLSE:5130
|
Malaysia | RM723.24 Million |
|
AME REIT
KLSE:5307
|
Malaysia | RM809.14 Million |
|
Abacus Storage King
AU:ASK
|
Australia | AU$3.71 Billion |
|
Ascendas Real Estate Investment Trust
PINK:ACDSF
|
USA | $19.85 Billion |
|
Margaux Real Estate Investment Trust
V:ALFA-UN
|
Canada | CA$14.11 Million |
|
Amata Summit Growth Freehold and Leasehold Real Estate Investment Trust
BK:AMATAR
|
Thailand | ฿4.69 Billion |
Public Storage - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Public Storage generates 0.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Public Storage generates $8.89 in net profit.
Public Storage - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.52 | 0.76 | 0.43 |
| Quick Ratio | 0.52 | 0.76 | 0.43 |
| Cash Ratio | 0.00 | 0.76 | 0.00 |
| Working Capital | $-294.79 Million | $ -140.83 Million | $ -208.69 Million |
Public Storage - Advanced Valuation Insights
This section examines the relationship between Public Storage's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 10.34 |
| Latest Market Cap to Assets Ratio | 2.23 |
| Asset Growth Rate (YoY) | 2.3% |
| Total Assets | $20.21 Billion |
| Market Capitalization | $45.04 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Public Storage's assets at a significant premium ( 2.23x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Public Storage's assets grew by 2.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Public Storage (1983–2025)
The table below shows the annual total assets of Public Storage from 1983 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $20.21 Billion | +2.30% |
| 2024-12-31 | $19.75 Billion | -0.27% |
| 2023-12-31 | $19.81 Billion | +12.86% |
| 2022-12-31 | $17.55 Billion | +0.99% |
| 2021-12-31 | $17.38 Billion | +47.09% |
| 2020-12-31 | $11.82 Billion | +3.97% |
| 2019-12-31 | $11.37 Billion | +4.00% |
| 2018-12-31 | $10.93 Billion | +1.82% |
| 2017-12-31 | $10.73 Billion | +5.95% |
| 2016-12-31 | $10.13 Billion | +3.60% |
| 2015-12-31 | $9.78 Billion | -0.41% |
| 2014-12-31 | $9.82 Billion | -0.58% |
| 2013-12-31 | $9.88 Billion | +12.31% |
| 2012-12-31 | $8.79 Billion | -1.56% |
| 2011-12-31 | $8.93 Billion | -5.93% |
| 2010-12-31 | $9.50 Billion | -3.16% |
| 2009-12-31 | $9.81 Billion | -1.31% |
| 2008-12-31 | $9.94 Billion | -6.64% |
| 2007-12-31 | $10.64 Billion | -4.96% |
| 2006-12-31 | $11.20 Billion | +101.68% |
| 2005-12-31 | $5.55 Billion | +6.68% |
| 2004-12-31 | $5.20 Billion | +4.76% |
| 2003-12-31 | $4.97 Billion | +2.57% |
| 2002-12-31 | $4.84 Billion | +4.71% |
| 2001-12-31 | $4.63 Billion | +2.48% |
| 2000-12-31 | $4.51 Billion | +7.11% |
| 1999-12-31 | $4.21 Billion | +23.81% |
| 1998-12-31 | $3.40 Billion | +2.79% |
| 1997-12-31 | $3.31 Billion | +28.75% |
| 1996-12-31 | $2.57 Billion | +32.76% |
| 1995-12-31 | $1.94 Billion | +136.19% |
| 1994-12-31 | $820.31 Million | +23.15% |
| 1993-12-31 | $666.10 Million | +65.82% |
| 1992-12-31 | $401.70 Million | +25.34% |
| 1991-12-31 | $320.50 Million | +18.35% |
| 1990-12-31 | $270.80 Million | +12.41% |
| 1989-12-31 | $240.90 Million | -5.75% |
| 1988-12-31 | $255.60 Million | +4.63% |
| 1987-12-31 | $244.30 Million | -0.33% |
| 1986-12-31 | $245.10 Million | +26.41% |
| 1985-12-31 | $193.90 Million | +65.73% |
| 1984-12-31 | $117.00 Million | +82.81% |
| 1983-12-31 | $64.00 Million | -- |