Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Self-Storage REITs Industry Analysis

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies6
  • 7D-1.2%
  • 3M12.6%
  • 1Y-4.5%
  • YTDn/a

Over the last 7 days, the Self-Storage REITs industry has dropped 1.2%, driven by a pullback from Extra Space Storage of 2.9%. The industry has fallen 4.5% in the last year. As for the next few years, earnings are expected to grow by 6.2% per annum.

Industry Valuation and Performance

Has the U.S. Self-Storage REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026US$102.0bUS$10.4bUS$2.9b31.8x34.7x9.8x
Mon, 02 Feb 2026US$93.7bUS$10.3bUS$3.0b30.9x30.9x9.1x
Wed, 31 Dec 2025US$88.3bUS$10.3bUS$3.0b29.5x29.1x8.5x
Fri, 28 Nov 2025US$92.0bUS$10.3bUS$3.0b29.9x30.4x8.9x
Sun, 26 Oct 2025US$101.7bUS$10.2bUS$3.0b32.7x34.1x9.9x
Tue, 23 Sep 2025US$94.5bUS$10.2bUS$3.0b30.2x31.7x9.2x
Thu, 21 Aug 2025US$96.1bUS$10.2bUS$3.0b30.4x32.2x9.4x
Sat, 19 Jul 2025US$97.4bUS$10.2bUS$3.1b28.1x31.5x9.6x
Mon, 16 Jun 2025US$100.6bUS$10.2bUS$3.1b29.2x32.5x9.9x
Wed, 14 May 2025US$102.7bUS$10.2bUS$3.1b29.9x33.2x10.1x
Fri, 11 Apr 2025US$94.1bUS$10.1bUS$3.2b26x29.5x9.3x
Sun, 09 Mar 2025US$106.0bUS$10.2bUS$3.3b27.2x32.5x10.4x
Tue, 04 Feb 2025US$101.6bUS$10.2bUS$3.1b21.5x32.7x10x
Thu, 02 Jan 2025US$101.3bUS$10.2bUS$3.1b22.1x32.6x9.9x
Sat, 30 Nov 2024US$117.0bUS$10.1bUS$3.0b27.9x38.5x11.6x
Mon, 28 Oct 2024US$112.6bUS$10.0bUS$3.2b26.9x34.8x11.3x
Wed, 25 Sep 2024US$123.4bUS$10.0bUS$3.2b30.1x38.2x12.3x
Fri, 23 Aug 2024US$112.6bUS$10.0bUS$3.2b28.1x34.8x11.3x
Sun, 21 Jul 2024US$106.1bUS$9.7bUS$3.3b26.4x31.9x11x
Tue, 18 Jun 2024US$100.2bUS$9.7bUS$3.3b24.9x30.1x10.4x
Thu, 16 May 2024US$97.0bUS$9.7bUS$3.3b26x29.2x10x
Sat, 13 Apr 2024US$95.5bUS$9.3bUS$3.3b24x28.9x10.2x
Mon, 11 Mar 2024US$100.8bUS$9.3bUS$3.3b24.9x30.6x10.8x
Wed, 07 Feb 2024US$96.1bUS$8.9bUS$3.2b25.8x30.1x10.7x
Fri, 05 Jan 2024US$115.4bUS$10.0bUS$3.6b29.2x32.4x11.5x
Sun, 03 Dec 2023US$102.6bUS$10.0bUS$3.6b26.3x28.8x10.2x
Tue, 31 Oct 2023US$89.0bUS$9.7bUS$5.7b23x15.5x9.2x
Thu, 28 Sep 2023US$98.8bUS$9.7bUS$5.7b25.9x17.2x10.2x
Sat, 26 Aug 2023US$103.5bUS$9.7bUS$5.7b27.4x18x10.7x
Mon, 24 Jul 2023US$99.8bUS$9.6bUS$5.8b29x17.2x10.4x
Wed, 21 Jun 2023US$97.7bUS$9.6bUS$5.8b28.6x16.8x10.2x
Fri, 19 May 2023US$99.1bUS$9.6bUS$5.8b28.7x17x10.4x
Sun, 16 Apr 2023US$100.6bUS$9.1bUS$5.7b30.7x17.5x11.1x
Price to Earnings Ratio

18.4x


Total Market Cap: US$105.6bTotal Earnings: US$5.7bTotal Revenue: US$9.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Self-Storage REITs Industry Price to Earnings3Y Average 29x202420252026
Current Industry PE
  • Investors are optimistic on the American Self-Storage REITs industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.7x which is higher than its 3-year average PE of 29.0x.
  • The industry is trading close to its 3-year average PS ratio of 10.2x.
Past Earnings Growth
  • The earnings for companies in the Self-Storage REITs industry have declined 20% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Self-Storage REITs compare with similar industries?

US Market-2.31%
Real Estate-2.31%
Specialized REITs-2.03%
Self-Storage REITs-1.16%
Timber REITs-0.055%
Telecom Tower REITs-1.70%
Data Center REITs-3.21%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PSA Public StorageUS$308.130.3%
+US$187.8m		-1.9%PB11x
SELF Global Self StorageUS$5.140.8%
+US$453.5k		-0.09%PB1.2x

Latest News

NSA
US$34.15
National Storage Affiliates Trust
7D
-2.5%
1Y
-13.6%
CUBE
US$40.21
CubeSmart
7D
-2.3%
1Y
-6.4%
SELF
US$5.14
Global Self Storage
7D
0.8%
1Y
-0.09%
SMA
US$31.81
SmartStop Self Storage REIT
7D
-4.6%
1Y
n/a
EXR
US$146.62
Extra Space Storage
7D
-2.9%
1Y
-6.8%

EXR: Mixed 2026 Storage Outlook And Completed Buyback Will Shape Prospects

The analyst price target for Extra Space Storage has shifted slightly higher to about $151 from about $150, as analysts factor in a steady move in rate momentum, modest adjustments to long-term revenue and margin expectations, and updated sector-level views from recent REIT outlooks. Analyst Commentary Recent research on Extra Space Storage shows a mix of optimism and caution, with several firms adjusting price targets and ratings as they update 2026 outlooks for the broader REIT group and the self storage segment specifically.
PSA
US$308.13
Public Storage
7D
0.3%
1Y
-1.9%

PSA: Low-Cost Capital And CEO Transition Will Shape Mixed 2026 Storage Outlook

Narrative Update on Public Storage The updated analyst price target framework for Public Storage reflects a small fair value adjustment of about $1. Analysts balance a slightly higher revenue growth outlook with modestly lower profit margin and future P/E assumptions, while highlighting the company's low cost of capital, acquisition capacity and cycle tested development capabilities.