Public Storage (PSA) capitalization

Current snapshot

Market Cap
$46.54B
175.9M shares × $265.13
Net Worth
$9.25B
Stockholders' equity · 2025-12-31
Enterprise Value
$56.48B
Market cap + debt − cash
Net Debt
$9.94B
Debt $10.25B − Cash $318.1M

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31 $45.65B
FY'24 2024-12-31 $52.71B
FY'23 2023-12-31 $53.72B
FY'22 2022-12-31 $49.39B
FY'21 2021-12-31 $65.76B
FY'20 2020-12-31 $40.33B
FY'19 2019-12-31 $37.17B
FY'18 2018-12-31 $35.28B
FY'17 2017-12-31 $36.40B
FY'16 2016-12-31 $38.86B
FY'09 2009-12-31 $13.75B

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q4'25 2025-12-31 $45.65B
Q3'25 2025-09-30 $50.80B
Q2'25 2025-06-30 $51.62B
Q1'25 2025-03-31 $52.66B
Q4'24 2024-12-31 $52.71B
Q3'24 2024-09-30 $63.99B
Q2'24 2024-06-30 $50.63B
Q1'24 2024-03-31 $51.15B
Q4'23 2023-12-31 $53.58B
Q3'23 2023-09-30 $46.42B
Q2'23 2023-06-30 $51.43B
Q1'23 2023-03-31 $53.25B
Q4'22 2022-12-31 $49.11B
Q3'22 2022-09-30 $51.63B
Q2'22 2022-06-30 $55.13B
Q1'22 2022-03-31 $68.82B
Q4'21 2021-12-31 $65.60B
Q3'21 2021-09-30 $52.23B
Q2'21 2021-06-30 $52.79B
Q1'21 2021-03-31 $43.14B
Q4'20 2020-12-31 $40.32B
Q3'20 2020-09-30 $38.89B
Q2'20 2020-06-30 $33.50B
Q1'20 2020-03-31 $34.68B
Q4'19 2019-12-31 $37.14B
Q3'19 2019-09-30 $42.83B
Q2'19 2019-06-30 $41.57B
Q1'19 2019-03-31 $37.98B
Q4'18 2018-12-31 $35.25B
Q3'18 2018-09-30 $35.15B
Q2'18 2018-06-30 $39.52B
Q1'18 2018-03-31 $34.90B
Q4'17 2017-12-31 $36.34B
Q3'17 2017-09-30 $37.29B
Q2'17 2017-06-30 $36.30B
Q1'17 2017-03-31 $38.11B
Q4'16 2016-12-31 $38.73B
Q3'16 2016-09-30 $38.79B
Q2'16 2016-06-30 $44.47B
Q1'16 2016-03-31 $47.95B
Q2'10 2015-12-31 $42.98B
Q3'15 2015-09-30 $36.72B
Q2'15 2015-06-30 $31.97B
Q1'15 2015-03-31 $34.18B
Q2'10 2014-12-31 $32.00B
Q3'14 2014-09-30 $28.74B
Q2'14 2014-06-30 $29.67B
Q1'14 2014-03-31 $29.12B
Q2'10 2013-12-31 $25.99B
Q3'13 2013-09-30 $27.74B
Q2'13 2013-06-30 $26.47B
Q1'13 2013-03-31 $26.28B
Q2'10 2012-12-31 $24.88B
Q3'12 2012-09-30 $23.90B
Q2'12 2012-06-30 $24.77B
Q1'12 2012-03-31 $23.68B
Q2'10 2011-12-31 $22.96B
Q3'11 2011-09-30 $19.02B
Q2'11 2011-06-30 $19.43B
Q1'11 2011-03-31 $18.90B
Q2'10 2010-12-31 $17.22B
Q3'10 2010-09-30 $16.49B
Q2'10 2010-06-30 $14.91B
Q1'10 2010-03-31 $15.57B
Q4'09 2009-12-31 $13.72B
Q3'09 2009-09-30 $12.72B
Q2'09 2009-06-30 $11.04B
Q1'10 2009-03-31 $9.31B
Q2'09 2008-12-31 $13.41B
Q3'09 2008-09-30 $16.69B
Q2'09 2008-06-30 $13.61B
Q2'09 2007-12-31 $12.47B

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (PSA CIK 0001393311), tagged with the us-gaap and dei taxonomies. The only exception is the live market cap tile, which uses the current share price × shares outstanding from a market quote. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.