Public Storage (PSA) Interest Coverage Ratio (2009 - 2026)
Public Storage's (PSA) Interest Coverage Ratio was 5.50 for Q2 2026, down 21.2% from 6.98 a year earlier and down 7.1% from the prior quarter.
Public Storage (PSA) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Public Storage's Interest Coverage Ratio came in at 6.49, down 12.9% year-over-year; for FY2025, it came in at 6.88, down 16.8% from FY2024.
- Interest Coverage Ratio has declined for three consecutive years.
- By year, Interest Coverage Ratio came in at 8.27 in FY2024 (-29.9%), 11.79 in FY2023 (-64.4%), 33.13 in FY2022 (+45.8%) and 22.72 in FY2021 (-37.5%).
- The Q2 2026 figure ranks as the lowest quarterly Interest Coverage Ratio in data going back to Q2 2009.
- Year over year, Interest Coverage Ratio has now declined in each of the last three quarters, with an average decline of 12.2% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2024 (growth of 27.8%); the low point was Q2 2024 (a decline of 50.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.93 (Q1 2026), 7.10 (Q4 2025) and 7.50 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 4.53 |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 3.27 |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 2.27 |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 5.50 |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.34 |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 3.50 |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 2.46 |
| 10 | Invitation Homes | 15.55 Bn | 15.59 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.50 |
| Mar 31, 2026 | 5.93 |
| Dec 31, 2025 | 7.10 |
| Sep 30, 2025 | 7.50 |
| Jun 30, 2025 | 6.98 |
| Mar 31, 2025 | 6.44 |
| Dec 31, 2024 | 9.55 |
| Sep 30, 2024 | 6.87 |
| Jun 30, 2024 | 8.15 |
| Mar 31, 2024 | 8.57 |
| Dec 31, 2023 | 7.48 |
| Sep 30, 2023 | 11.62 |
| Jun 30, 2023 | 16.33 |
| Mar 31, 2023 | 15.50 |
| Jun 30, 2021 | 27.77 |
| Mar 31, 2021 | 35.33 |
| Dec 31, 2020 | 38.88 |
| Sep 30, 2020 | 35.93 |
| Jun 30, 2020 | 33.98 |
| Mar 31, 2020 | 36.30 |
Public Storage Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PSA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "PSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();