PSA

Public Storage
D

PSA

Arincen50/100B

Public Storage company profile

CEO
H. Thomas Boyle
Employees
5,770
Headquarters
2811 Internet Boulevard, Frisco, TX 75034, US
Sector
Real Estate
Industry
REIT - Industrial
IPO date
18 Nov 1980
Stock exchange
NYSE
ISIN
US74460D1090

Website:publicstorage.com

About the company

Public Storage (PSA), an esteemed Real Estate Investment Trust (REIT) and a constituent of both the S&P 500 and FT Global 500 indices, concentrates its operations on the acquisition, development, ownership, and management of self-storage properties. By September 30, 2020, the company's substantial holdings included 2,504 self-storage facilities located across 38 U.S. states, collectively providing around 171 million net rentable square feet. Additionally, Public Storage held an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR), an entity that owned and operated 239 self-storage sites under the Shurgard brand in seven Western European countries, encompassing approximately 13 million net rentable square feet. Concurrently, it maintained an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB), which, as of the same reporting date, managed roughly 28 million rentable square feet of commercial properties. The company's main office is situated in Glendale, California.

Employees

Public Storage had about 5,770 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 2.2% fewer than a year before.

Employees Change on the year
Fiscal yearEmployeesChange on the yearRevenue per employeeNet income per employee
FY20255,770-2.20%836.07K USD309.25K USD
FY20245,900-4.84%795.87K USD351.19K USD
FY20236,200+5.08%728.66K USD346.50K USD
FY20225,900+1.72%708.84K USD737.14K USD
FY20215,800+7.41%588.94K USD336.77K USD
FY20205,400-8.47%539.83K USD251.34K USD
FY20195,900+5.36%483.92K USD257.72K USD
FY20185,600+1.82%492.77K USD305.54K USD
FY20175,5000.00%485.19K USD262.22K USD
FY20165,500+3.77%465.55K USD264.29K USD
FY20155,3000.00%449.38K USD247.40K USD
FY20145,300+1.92%410.81K USD215.89K USD
FY20135,200+4.00%377.87K USD202.39K USD
FY20125,0000.00%368.50K USD187.85K USD
FY20115,000+2.04%347.18K USD164.77K USD
FY20104,9000.00%329.34K USD137.15K USD
FY20094,900-5.77%331.21K USD170.33K USD
FY20085,200-8.77%330.86K USD179.84K USD
FY20075,700—318.33K USD80.27K USD

Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.

Who owns Public Storage

Institutions such as funds, banks and insurers held 89.0% of Public Storage's shares on 30 June 2026, 1,157 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.

Institutions 89.0%Other shareholders 11.0%

Shares free to trade

Free float 168.73M shares ·90.3% Closely held 18.11M shares ·9.7%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Common questions about Public Storage

Source: Financial Modeling Prep