Public Storage Total Assets
Public Storage total assets. Based on the latest financial reports, Public Storage (PSA) holds total assets worth $20.12 Billion USD as of June 2026. 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. Also see PSA cash flow metrics for how efficiently the company converts equity into cash flow.
Total Assets of Public Storage (1983–2025)
Total assets of Public Storage from 1983 to 2025. This chart illustrates how Public Storage's total assets have evolved over time, based on quarterly financial data. See PSA live share price for real-time trading data and today's change.
Public Storage - Asset Composition Analysis
Public Storage Total Assets Breakdown (December 2025)
Public Storage total assets breakdown as of December 2025. Public Storage's total assets of $20.12 Billion consist of 2.3% current assets and 97.7% non-current assets. Explore PSA current assets to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $318.10 Million | 1.6% |
| Accounts Receivable | $142.11 Million | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $18.80 Billion | 93.1% |
| 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 2.3% 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 property, plant & equipment at 93.1% 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 |
|---|---|---|
|
CubeSmart
NYSE:CUBE
|
USA | $6.64 Billion |
|
Abacus Storage King
AU:ASK
|
Australia | AU$3.71 Billion |
|
Stor-Age Property REIT Ltd
JSE:SSS
|
South Africa | ZAC14.01 Billion |
|
Pro Real Estate Investment Trust
TO:PRV-UN
|
Canada | CA$1.09 Billion |
|
Montea C.V.A.
BR:MONT
|
Belgium | €3.33 Billion |
|
National Storage REIT
AU:NSR
|
Australia | AU$6.21 Billion |
|
BWP Trust
AU:BWP
|
Australia | AU$4.11 Billion |
|
Centuria Industrial REIT
AU:CIP
|
Australia | AU$3.97 Billion |
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 | 0.67 | 1.77 | 2.02 |
| Quick Ratio | 0.67 | 1.77 | 2.02 |
| Cash Ratio | 0.00 | 1.77 | 2.02 |
| Working Capital | $-216.83 Million | $479.78 Million | $484.05 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 | 12.67 |
| Latest Market Cap to Assets Ratio | 2.93 |
| Asset Growth Rate (YoY) | 2.3% |
| Total Assets | $20.21 Billion |
| Market Capitalization | $59.21 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Public Storage's assets at a significant premium (2.93x), 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 | -- |
About 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 June 30, 2026, The firm: (i) owned and/or operated 3,584 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext … Read more