Public Storage (PSA) EBITDA Margin: 67.29%
Is Public Storage’s EBITDA margin high or low?
Public Storage's EBITDA margin of 67.29% is 18% below its 5-year average of 82.34%, near the low end of its 5-year range (67.29%–129.24%).
The EBITDA margin for Public Storage (PSA) is 67.29% as of Wednesday, June 10, 2026. It is below its 12-month average by 5.20% (70.98%).
PSA EBITDA Margin Chart
PSA Average EBITDA Margin Chart
PSA Current vs Average EBITDA Margin Chart
PSA EBITDA Margin Metrics
EBITDA MARGIN
67.29%
EBITDA MARGIN AVG TTM
70.98%
EBITDA MARGIN AVG 3Y
86.30%
EBITDA MARGIN AVG 5Y
82.34%
EBITDA MARGIN AVG 10Y
78.83%
EBITDA MARGIN AVG 15Y
76.36%
EBITDA MARGIN AVG 20Y
73.28%
CURRENT VS TTM AVG
-5.20%
CURRENT VS 3Y AVG
-22.02%
CURRENT VS 5Y AVG
-18.28%
CURRENT VS 10Y AVG
-14.64%
CURRENT VS 15Y AVG
-11.88%
CURRENT VS 20Y AVG
-8.17%
PSA Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Public Storage (PSA) | $56.87B | 67.29% | 70.98% | 86.30% | 82.34% |
| Realty Income Corporation (O) | $57.93B | 61.76% | 71.93% | 80.32% | 82.35% |
| Digital Realty Trust, Inc. (DLR) | $63.53B | 58.69% | 55.16% | 54.19% | 58.65% |
| Simon Property Group, Inc. (SPG) | $69.02B | 123.46% | 103.80% | 95.17% | 91.58% |
| Crown Castle Inc. (CCI) | $40.76B | 64.88% | 22.99% | 40.76% | 45.81% |
| VICI Properties Inc. (VICI) | $30.59B | 90.93% | 91.72% | 85.36% | 89.05% |
| American Tower Corporation (AMT) | $89.65B | 57.52% | 64.08% | 64.08% | 62.79% |
| Equinix, Inc. (EQIX) | $102.40B | 43.97% | 41.65% | 41.17% | 40.50% |
| Federal Realty Investment Trust (FRT) | $10.68B | 76.06% | 72.22% | 71.81% | 70.25% |
| Agree Realty Corporation (ADC) | $9.07B | 85.89% | 86.97% | 87.53% | 87.34% |
Margin Comparison
Gross Margin
60.6%
EBITDA Margin
67.3%
Operating Margin
50.9%
Net Margin
39.2%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Public Storage EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Public Storage EBITDA Margin FAQ
- What is the EBITDA margin for Public Storage (PSA)?
- The EBITDA margin for PSA stock is 67.29%.
- Is Public Storage's EBITDA margin high or low?
- Public Storage's EBITDA margin of 67.29% is 18% below its 5-year average of 82.34%, near the low end of its 5-year range (67.29%–129.24%).
- What is the TTM average EBITDA margin for Public Storage (PSA)?
- The TTM average EBITDA margin for PSA stock is 70.98%.
- What is the 3Y average EBITDA margin for Public Storage (PSA)?
- The 3Y average EBITDA margin for PSA stock is 86.30%.
- What is the 5Y average EBITDA margin for Public Storage (PSA)?
- The 5Y average EBITDA margin for PSA stock is 82.34%.
- What is the 10Y average EBITDA margin for Public Storage (PSA)?
- The 10Y average EBITDA margin for PSA stock is 78.83%.
- What is the 15Y average EBITDA margin for Public Storage (PSA)?
- The 15Y average EBITDA margin for PSA stock is 76.36%.
- What is the 20Y average EBITDA margin for Public Storage (PSA)?
- The 20Y average EBITDA margin for PSA stock is 73.28%.
Public Storage EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 67.29% |
| 2024-12-31 | 74.67% |
| 2023-12-31 | 73.98% |
| 2022-12-31 | 129.24% |
| 2021-12-31 | 81.27% |
| 2020-12-31 | 67.61% |
| 2019-12-31 | 73.00% |
| 2018-12-31 | 80.93% |
| 2017-12-31 | 71.79% |
| 2016-12-31 | 74.12% |
| 2015-12-31 | 73.24% |
| 2014-12-31 | 73.20% |
| 2013-12-31 | 73.86% |
| 2012-12-31 | 70.99% |
| 2011-12-31 | 70.04% |
| 2010-12-31 | 66.49% |
| 2009-12-31 | 72.06% |
| 2008-12-31 | 64.44% |
| 2007-12-31 | 60.49% |
| 2006-12-31 | 57.78% |
| 2005-12-31 | 62.32% |
| 2004-12-31 | 61.31% |
| 2003-12-31 | 59.91% |
| 2002-12-31 | 61.77% |
| 2001-12-31 | 62.25% |
| 2000-12-31 | 123.09% |
| 1999-12-31 | 67.79% |
| 1998-12-31 | 25.90% |
| 1997-12-31 | 177.30% |
| 1996-12-31 | 171.36% |
Related Metrics
About Public Storage
Public Storage (PSA), an esteemed Real Estate Investment Trust (REIT) and a constituent of both the S&P 500 and FT Global 500 indices, concentrates its operations on the acquisition, development, ownership, and management of self-storage properties. By September 30, 2020, the company's substantial holdings included 2,504 self-storage facilities located across 38 U.S. states, collectively providing around 171 million net rentable square feet. Additionally, Public Storage held an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR), an entity that owned and operated 239 self-storage sites under the Shurgard brand in seven Western European countries, encompassing approximately 13 million net rentable square feet. Concurrently, it maintained an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB), which, as of the same reporting date, managed roughly 28 million rentable square feet of commercial properties. The company's main office is situated in Glendale, California.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- H. Thomas Boyle