Is it safe?
Can PSA take a bad year?
Public Storage carries $9.92B of net debt at 3.23× EBITDA: a load its earnings can carry.
$9.92B
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.23×
Net debt / EBITDA · 3.06× a year ago · the load is going up
- Interest cover
- 5.86×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 23%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $10.2B
- Cash and short-term investments
- $260M
- Net debt
- $9.92B
- EBITDA, trailing twelve months
- $3.07B
- Operating profit, trailing twelve months
- $1.91B
- Debt / equity
- 1.11×
- Total debt / EBITDA
- 3.31×
- Annualised volatilitytwo years of daily moves
- 23%
- Worst drawdown on file
- −38%
- Below its 52-week high
- −4.0%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
REIT - Industrial
Ranks #1 of 11 by Smart Score