Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. More Details
How has Public Storage performed over the past 5 years?
3.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PSA has high quality earnings.
Growing Profit Margin: PSA's current net profit margins (36.7%) are lower than last year (43.5%).
Past Earnings Growth Analysis
Earnings Trend: PSA's earnings have grown by 3.1% per year over the past 5 years.
Accelerating Growth: PSA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PSA had negative earnings growth (-13.7%) over the past year, making it difficult to compare to the REITs industry average (-6.1%).
Return on Equity
High ROE: PSA's Return on Equity (15.3%) is considered low.
How experienced are the management team and are they aligned to shareholders interests?
2.2yrs
Average management tenure
CEO
Joe Russell (60 yo)
2.17yrs
Tenure
US$4,289,200
Compensation
Mr. Joseph D. Russell Jr., also known as Joe, has been the President at Public Storage since July 1, 2016 and serves as its Chief Executive Officer and Director since January 01, 2019. Mr. Russell served a...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD4.29M) is below average for companies of similar size in the US market ($USD10.53M).
Compensation vs Earnings: Joe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Joseph Russell
CEO, President & Trustee
2.17yrs
US$4.29m
0.0034% $ 1.4m
H. Boyle
CFO & Senior VP
2.17yrs
US$3.77m
0.0017% $ 702.1k
Natalia Johnson
Senior VP & Chief Administrative Officer
0.58yr
US$2.46m
0.0014% $ 558.4k
Nathaniel Vitan
Senior VP
1.92yrs
US$1.88m
0.0024% $ 997.7k
B. Hughes
Founder & Chairman Emeritus
no data
no data
0.26% $ 107.5m
Mark Delcher
Senior VP & Chief Information Officer
no data
no data
no data
Ryan Burke
Vice President of Investor Services
2.83yrs
no data
no data
John Sambuco
President of Asset Management
12.83yrs
no data
no data
Steven Lentin
Executive Vice President of Operations
no data
no data
no data
Michael McGowan
Senior Vice President of Acquisitions
no data
no data
no data
Timothy Stanley
Senior Vice President of Capital Investments
no data
no data
no data
Phillip Williams
Senior Vice President of Construction
no data
no data
no data
2.2yrs
Average Tenure
46yo
Average Age
Experienced Management: PSA's management team is considered experienced (2.2 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Joseph Russell
CEO, President & Trustee
2.17yrs
US$4.29m
0.0034% $ 1.4m
B. Hughes
Founder & Chairman Emeritus
no data
no data
0.26% $ 107.5m
Ronald Spogli
Independent Trustee
11.08yrs
US$187.20k
0.0011% $ 468.1k
David Neithercut
Lead Independent Trustee
0.17yr
no data
no data
Edward Reyes
2.17yrs
US$120.00k
0.076% $ 31.3m
Ronald Havner
Chairman of the Board Trustees
9.58yrs
US$120.00k
0.11% $ 43.4m
Leslie Heisz
Independent Trustee
4.08yrs
US$182.20k
0% $ 0
Avedick Poladian
Independent Trustee
11.08yrs
US$192.20k
0.013% $ 5.2m
Tamara Gustavson
12.33yrs
US$167.20k
9.86% $ 4.0b
Tariq Shaukat
1.67yrs
US$199.78k
no data
Shankh Mitra
Independent Trustee
0.17yr
no data
no data
Kristy Pipes
0.42yr
no data
no data
2.2yrs
Average Tenure
60yo
Average Age
Experienced Board: PSA's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Public Storage's company bio, employee growth, exchange listings and data sources
Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/03/03 23:25
End of Day Share Price
2021/03/03 00:00
Earnings
2020/12/31
Annual Earnings
2020/12/31
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.