Public StorageSTU:PUP +1.14%87 Interest Coverage is 6.96 as of Mar. 2026, which is 68% below its 10-year median of 21.93. GuruFocus rates STU:PUP with a GF Score™ of 87/100 and a GF Value™ of €269.35. The stock has 5 warning signs investors should review. Among 702 REITs companies, Public Storage ranks better than 72.36% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Public Storage's
Operating Income
for the
three
months ended in Mar. 2026 was €482 Mil. Public Storage's Interest Expense for the
three
months ended in Mar. 2026 was €-69 Mil.
Public Storage's interest coverage for the quarter that ended in Mar. 2026 was 6.96.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Public Storage's Interest Coverage or its related term are showing as below:
STU:PUP'
s Interest Coverage Range Over the Past 10 Years
Min: 7.27 Med: 21.93 Max: 319.65
Current: 7.27
STU:PUP's Interest Coverage is ranked better than 72.36% of 702
companies
in the REITs industry
Industry Median: 3.125
vs STU:PUP: 7.27
Public Storage (STU:PUP) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Public Storage Interest Coverage Related Terms
Public Storage Interest Coverage Historical Data
* Premium members only.
The historical data trend for Public Storage's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
STU:PUP vs EXR, EGP, LINE: Interest Coverage Comparison
For the REIT - Industrial subindustry, Public Storage's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Public Storage Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, Public Storage's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Public Storage's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Public Storage (STU:PUP) has a Interest Coverage of 6.96 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Public Storage and its competitors. This is 68% below median its historical median of 21.93. Over the past decade, Public Storage's Interest Coverage has ranged from 7.27 to 319.65. According to the industry distribution chart, Public Storage ranks #194 out of 702 companies in the REITs industry, placing it in the top 27.6%.
Is Public Storage's Interest Coverage too high?
Public Storage's current Interest Coverage of 6.96 is 68% below median its 10-year median of 21.93. Over the past 10 years, this metric has ranged from a low of 7.27 to a high of 319.65. The REITs industry median Interest Coverage is 3.13. Public Storage's value of 6.96 is 122.7% above this industry median. Based on the distribution chart, Public Storage ranks #194 out of 702 companies in the REITs industry, which is above the industry midpoint. Overall, Public Storage has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Public Storage's Interest Coverage compare to EXR and EGP?
According to the REITs industry distribution chart, Public Storage ranks #194 out of 702 companies for Interest Coverage. This puts Public Storage in the upper half of its industry. The industry median Interest Coverage is 3.13. Public Storage's value of 6.96 is 122.7% above this benchmark. Historically, Public Storage's own Interest Coverage has ranged from 7.27 to 319.65 over the past decade. While the company's 10-year median is 21.93 vs. the industry median of 3.13, Public Storage has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.13, based on 702 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Public Storage's current Interest Coverage of 6.96 is 122.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Public Storage and its competitors. For the REITs industry, the median Interest Coverage is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Public Storage's current Interest Coverage is 6.96, which is 68% below median its own 10-year median of 21.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Public Storage stock overvalued right now?
Public Storage (STU:PUP) has a current Interest Coverage of 6.96. The stock's GF Value™ is €269.35, compared to a current price of €284.40 — trading 5.6% above its estimated fair value. The current Interest Coverage is 6.96, which is 68% below median its 10-year median of 21.93 and 122.7% above the REITs industry median of 3.13. Public Storage's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Public Storage (STU:PUP), the current Interest Coverage is 6.96 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Public Storage (STU:PUP) Overvalued in 2026?
Based on GuruFocus' analysis, Public Storage stock appears to be overvalued.
The current stock price of €284.40 is trading 5.6% above its estimated GF Value™ of €269.35.
Key valuation signals for STU:PUP:
Interest Coverage: 6.96 (68% below median its 10-year median of 21.93)
GF Value™: €269.35 vs. price of €284.40 (5.6% above fair value)
Industry Position: 122.7% above the REITs median (#194 of 702)
No single metric tells the full story. See the STU:PUP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Public Storage is the largest owner of self-storage facilities in the US, with more than 3,500 self-storage facilities in 40 states and approximately 258 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
87GF Score
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