Public Storage - Company Profile

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Public Storage: Overview

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Public Storage is a real estate investment trust (REIT). It carries out acquisition, development, ownership, and operation of self-storage facilities. The company's main services include offering storage spaces for lease, typically on a month-to-month basis. These spaces are designed for both personal and business use. Public Storage's services are utilized by individuals and businesses across various industries in need of temporary or long-term storage solutions. The company also offers third-party management services. Public Storage is involved in the acquisition and development of additional self-storage spaces. The company has business operations in Texas, Florida, Illinois, Georgia, Maryland, Colorado, Arizona, Indiana, Nevada, Kansas, Ohio, Minnesota, and North Carolina. Public Storage is headquartered in Glendale, California, 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 5,380
Industry Construction
Ticker Symbol & Exchange PSA (NYSE)
Revenue (2022) $4.5B 8% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -50.6% (2022 vs 2021)
Market Cap* $47.1B
Net Profit Margin (2022) XYZ -54.3% (2022 vs 2021)
* As of and is in US$
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).

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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 Brands
Reinsurance of Policies against Loss of Goods Public Storage
Management of Self-Storage Facilities Orange Door
Merchandise Sales eRental
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History

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

Year Event Description
2023 Acquisitions/Mergers/Takeovers In September, the company acquired Simply Self Storage from Blackstone Real Estate Income Trust for US$2.2 billion.
2023 New Products/Services In September, the company announced the launch of the Savvy Storage Insurance Program.
2023 Others In August, the company and Solar Landscape started construction on 130 rooftop community solar projects.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out 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 5,380 2,574 17,901 7,618 3,040
Entity Type Public Public Public Public Public
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Ronald L. Havner, Jr. Chairman Executive Board 2011 66
Joseph D. Russell, Jr. Trustee; Chief Executive Officer; President Executive Board 2019 64
H. Thomas Boyle Chief Financial Officer; Chief Investment Officer; Senior Vice President Senior Management 2023 41
Nathaniel A. Vitan Secretary; Senior Vice President; Chief Legal Officer Senior Management 2019 50
Natalia Johnson Senior Vice President; Chief Administrative Officer Senior Management 2020 46
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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