Public Storage

Public Storageverified

PSA

Price:

$345.63

Market Cap:

$60.49B

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the “Shurgard” brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned a...[Read more]

Industry

REIT - Industrial

IPO Date

1980-11-18

Stock Exchange

NYSE

Ticker

PSA

The Current Ratio as of September 2024 (TTM) for Public Storage (PSA) is 0.93

According to Public Storage’s latest financial reports and current stock price. The company's current Current Ratio is 0.93. This represents a change of 21.19% compared to the average of 0.77 of the last 4 quarters.

Public Storage (PSA) Historical Current Ratio (quarterly & annually)

How has PSA Current Ratio performed in the past?

The mean historical Current Ratio of Public Storage over the last ten years is 0.94. The current 0.93 Current Ratio has changed 9.77% with respect to the historical average. Over the past ten years (40 quarters), PSA's Current Ratio was at its highest in in the June 2020 quarter at 3.21. The Current Ratio was at its lowest in in the June 2015 quarter at 0.07.

Quarterly (TTM)
Annual

Average

0.94

Median

0.87

Minimum

0.40

Maximum

1.52

Public Storage (PSA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Public Storage Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 133.49%

Maximum Annual Current Ratio = 1.52

Minimum Annual Increase = -58.99%

Minimum Annual Current Ratio = 0.40

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.62-58.99%
20221.51-1.15%
20211.52133.49%
20200.65-38.95%
20191.079.87%
20180.97-24.30%
20171.29108.46%
20160.6254.65%
20150.40-47.51%
20140.76-54.42%

Public Storage (PSA) Average Current Ratio

How has PSA Current Ratio performed in the past?

The current Current Ratio of Public Storage (PSA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.22

5-year avg

1.07

10-year avg

0.94

Public Storage (PSA) Current Ratio vs. Peers

How is PSA’s Current Ratio compared to its peers?

Public Storage’s Current Ratio is greater than Life Storage, Inc. (0.09), greater than CubeSmart (0.29), greater than National Storage Affiliates Trust (0.31), greater than Prologis, Inc. (0.52), less than STAG Industrial, Inc. (0.97), less than Extra Space Storage Inc. (1.06), greater than Rexford Industrial Realty, Inc. (0.92), less than Innovative Industrial Properties, Inc. (1.10), greater than EastGroup Properties, Inc. (0.70), greater than Americold Realty Trust, Inc. (0.39),

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Frequently asked questions❓

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