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Public Storage reports Q2 earnings with revenue growth after acquiring National Storage Affiliates.

Company Fundamentals
29 Jul 2026
Alex Lavoie
View Source
Neutral
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Public Storage recently expanded its portfolio by acquiring National Storage Affiliates, adding 1,000 properties to reach over 4,500 locations. The company is set to report Q2 2026 earnings with expected revenues between $1.21 billion and $1.23 billion, marking a 1% increase from last year. Despite a slight projected dip in earnings per share, investors focus on Funds From Operations (FFO) to gauge the REIT's cash-generating ability. Public Storage's valuation shows a P/E ratio of 34.49 and a debt-to-equity ratio of 1.05, reflecting its financial structure and growth strategy.

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