About Public Storage
Public Storage is a company based in Los Angeles (United States) founded in 1972.. The company has 5,900 employees as of December 31, 2024. Public Storage has completed 4 acquisitions, including Broadview Mini Storage, Happy Boxes and Simply Self Storage. Public Storage operates in a competitive market with competitors including SpareFoot, Clutter, MakeSpace, Saltbox and ReadySpaces, among others.
- Headquarter Los Angeles, United States
- Employees 5900 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial ServicesTransportation, Automotive & Logistics Business Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Public Storage
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Annual Revenue
$4.7 B3.94as on Dec 31, 2024
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Net Profit
$2.07 B-3.55as on Dec 31, 2024
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EBITDA
$3.33 B1.92as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
5900
as on Dec 31, 2024
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Investments & Acquisitions
Broadview Mini Storage
& 3 more
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IPO & Listings of Public Storage
Public Storage is a publicly listed company on the NYSE with ticker symbol PSA in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
40 people
Software Development Team
23 people
Finance and Accounting
16 people
Trustee Team
10 people
Product Management Team
9 people
Human Resources and Administration
7 people
Operations Team
6 people
Legal and Compliance
4 people
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Funding Insights of Public Storage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Public Storage
Public Storage has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Broadview Mini Storage, Happy Boxes and Simply Self Storage. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Self-storage services are provided in Chesapeake, United States.
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2009 | ||||
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Self-storage services are provided to customers in the United States.
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2003 | ||||
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Mini storage units are provided in Broadview Heights since 1997.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Public Storage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Public Storage Comparisons
Competitors of Public Storage
Public Storage operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SpareFoot, Clutter, MakeSpace, Saltbox and ReadySpaces, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
An online marketplace for self-storage rentals is operated.
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| domain | founded_year | HQ Location |
Moving and on-demand storage services are provided for physical belongings.
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| domain | founded_year | HQ Location |
On-demand storage and local moving services are offered.
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| domain | founded_year | HQ Location |
Cloud-based ecommerce fulfillment solutions for logistics are offered.
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| domain | founded_year | HQ Location |
On-demand warehouse spaces are provided for small and medium businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Public Storage
Frequently Asked Questions about Public Storage
When was Public Storage founded?
Public Storage was founded in 1972.
Where is Public Storage located?
Public Storage is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Public Storage?
BruceL Wallace is the current CEO of Public Storage.
How many employees does Public Storage have?
As of Dec 31, 2024, the latest employee count at Public Storage is 5,900.
What is the annual revenue of Public Storage?
Annual revenue of Public Storage is $4.7B as on Dec 31, 2024.
What does Public Storage do?
Provider of a marketplace for self-storage solutions. It provides access to storage units in various sizes to meet the different needs of individuals and businesses. It assists customers in selecting the right unit size for needs and users can find nearby storage services and reserve the storage units. Its mobile application is available on both iOS and Android devices.
Who are the top competitors of Public Storage?
Is Public Storage publicly traded?
Yes, Public Storage is publicly traded on NYSE under the ticker symbol PSA.
How many acquisitions has Public Storage made?
Public Storage has made 4 acquisitions, including Broadview Mini Storage, Happy Boxes, and Simply Self Storage.
What is Public Storage's ticker symbol?
The ticker symbol of Public Storage is PSA on NYSE.
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