Public Storage - Company Profile

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Public Storage: Overview

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Public Storage is a real estate investment trust involved in the ownership and operation of self-storage facilities. The company primarily offers storage spaces for lease on a month-to-month basis for personal and business use. Its major services include tenant reinsurance, merchandise sales, third-party management, and bridge lending to third-party self-storage owners. The company cater to a diverse range of customers, including individuals and businesses seeking storage solutions. It manages a network of facilities across various states, enhancing its reach and service delivery. The company operations are concentrated in the US, with a significant presence in major markets. Public Storage is headquartered in Frisco, Texas, the US.

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Headquarters United States of America
Address 701 Western Avenue, Glendale, California, 91201-2349
Website www.publicstorage.com
Telephone 1 818 2448080
No of Employees 5,770
Industry Construction
Ticker Symbol & Exchange PSA (NYSE)
Revenue (2024) $4.8B 2.7% (2024 vs 2023)
EPS XYZ
Net Income (2024) XYZ -13.9% (2024 vs 2023)
Market Cap* $61.0B
Net Profit Margin (2024) XYZ -16.2% (2024 vs 2023)
* As of and is in US$
View Public Storage financials
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Public Storage premium industry data and analytics

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Construction Projects

Access new construction projects and identify projects matching key criteria such as location, stage, sector, size, funding  and many others.

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Public Storage (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Public Storage’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Services
Management of Self-Storage Facilities
Merchandise Sales
Reinsurance of Policies against Loss of Goods
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2026 Contracts/Agreements In June, Public Storage OP LP and Public Storage Operating Company signed an agreement to acquire Public Storage Canada (PS Canada) for US$1.2 billion.
2026 Contracts/Agreements In March, the company entered into an agreement to acquire National Storage Affiliates for US$10.5 billion.
2026 Contracts/Agreements In March, the company and Welltower launched a strategic data science partnership to leverage Welltower’s AI-powered capital allocation models alongside Public Storage’s operational analytics.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Learn more
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Competitor Comparison

Key Parameters Public Storage Prologis Inc U-Haul Holding Co Extra Space Storage Inc CubeSmart
Headquarters United States of America United States of America United States of America United States of America United States of America
City Glendale San Francisco Reno Salt Lake City Malvern
State/Province California California Nevada Utah Pennsylvania
No. of Employees 5,770 2,802 16,626 8,393 3,121
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Ronald L. Havner, Jr. Chairman Executive Board 2011 68
Joseph D. Russell, Jr. Trustee; Chief Executive Officer; President Executive Board 2019 66
H. Thomas Boyle Chief Financial Officer; Chief Investment Officer; Senior Vice President Senior Management 2023 42
Chris C. Sambar President; Chief Operating Officer Senior Management 2024 52
Nathaniel A. Vitan Secretary; Senior Vice President; Chief Legal Officer Senior Management 2019 54
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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