Public Storage (PSA) Financials: History & Chart

Public Storage (PSA)PSAPublic Storage

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.

Frisco, TX

5,770 employees

www.publicstorage.com

Real Estate / REIT - Industrial

Sector: Real Estate
Industry: REIT - Industrial
CEO: H. Thomas Boyle

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	4.86B	1.22B	1.22B	1.22B	1.20B	1.18B	1.18B	1.19B	1.17B
Cost of Goods Sold	1.91B	340.00M	923.83M	330.85M	318.00M	331.85M	310.77M	321.70M	301.04M
Gross Profit	2.95B	877.74M	291.97M	893.19M	883.09M	851.34M	866.65M	866.06M	872.17M
Gross Profit Margin	60.6%	72.1%	24.0%	73.0%	73.5%	72.0%	73.6%	72.9%	74.3%
Total Operating Expenses	475.41M	403.46M	-264.77M	28.78M	307.93M	307.90M	313.44M	306.54M	309.92M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	137.18M	56.69M	26.99M	28.78M	24.71M	25.18M	32.55M	26.21M	26.58M
Operating Income (EBIT)	2.47B	474.28M	556.73M	864.41M	575.16M	543.44M	553.22M	559.51M	562.25M
Operating Margin	50.8%	38.9%	45.8%	70.6%	47.9%	45.9%	47.0%	47.1%	47.9%
Income Before Tax (EBT)	1.91B	530.94M	495.33M	517.60M	364.65M	412.22M	616.99M	435.63M	523.28M
Interest Income	32.85M	4.43M	9.97M	10.33M	8.12M	7.91M	10.82M	12.23M	12.96M
Interest Expense	312.50M	80.02M	81.19M	79.69M	71.61M	72.01M	72.14M	74.25M	73.24M
Other Income/Expense	-562.05M	56.67M	-61.40M	-346.81M	-210.51M	-131.22M	63.77M	-123.88M	-38.96M
Net Income	1.90B	526.27M	507.07M	511.06M	358.42M	407.79M	614.61M	430.33M	518.13M
Income Tax Expense	-7.08M	1.57M	-14.72M	2.83M	3.24M	1.43M	-1.37M	2.49M	2.08M
Net Profit Margin	39.2%	43.2%	41.7%	41.8%	29.8%	34.5%	52.2%	36.2%	44.2%
EBITDA	3.63B	765.00M	852.28M	1.15B	858.38M	826.15M	834.11M	839.84M	845.59M
EBITDA Margin	74.7%	62.8%	70.1%	94.3%	71.5%	69.8%	70.8%	70.7%	72.1%
Depreciation & Amortization	1.16B	290.72M	295.55M	290.36M	283.22M	282.71M	280.89M	280.33M	283.34M
EPS Basic	9.71	2.72	2.60	2.63	1.76	2.04	3.22	2.17	2.67
EPS Diluted	9.69	2.71	2.60	2.62	1.76	2.04	3.21	2.16	2.66
Shares Outstanding	175.52M	175.52M	175.47M	175.46M	175.44M	175.42M	175.20M	175.04M	175.47M
Diluted Shares Outstanding	175.93M	175.93M	175.86M	175.88M	175.92M	175.94M	175.93M	175.87M	176.01M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	4.82B	4.70B	4.52B	4.18B	3.42B	2.92B	2.86B	2.76B
Cost of Goods Sold	3.62B	1.26B	1.15B	1.05B	920.60M	867.46M	813.15M	757.08M
Gross Profit	1.20B	3.44B	3.37B	3.13B	2.50B	2.05B	2.04B	2.00B
Gross Profit Margin	25.0%	73.2%	74.6%	74.8%	73.0%	70.2%	71.5%	72.6%
Total Operating Expenses	-1.05B	1.24B	1.05B	959.82M	789.39M	636.46M	575.06M	588.36M
Research & Development	N/A	N/A	N/A	17.54M	8.40M	10.84M	6.85M	5.44M
Selling, General & Administrative	106.68M	106.68M	80.63M	71.67M	75.97M	64.04M	62.15M	93.83M
Operating Income (EBIT)	2.25B	2.20B	2.32B	2.17B	1.71B	1.41B	1.47B	1.41B
Operating Margin	46.7%	46.9%	51.3%	51.9%	49.9%	48.4%	51.4%	51.2%
Income Before Tax (EBT)	1.79B	2.09B	2.17B	4.38B	1.97B	1.36B	1.53B	1.72B
Interest Income	36.62M	44.66M	64.82M	20.82M	12.31M	22.32M	26.68M	24.55M
Interest Expense	304.50M	287.40M	201.13M	136.32M	90.77M	56.28M	45.64M	32.54M
Other Income/Expense	-464.51M	-112.09M	-148.12M	2.21B	266.17M	-49.92M	58.76M	303.14M
Net Income	1.78B	2.07B	2.15B	4.35B	1.95B	1.36B	1.52B	1.71B
Income Tax Expense	-7.23M	4.67M	10.82M	14.33M	12.37M	0.00	0.00	0.00
Net Profit Margin	37.0%	44.1%	47.6%	104.0%	57.2%	46.6%	53.3%	62.0%
EBITDA	3.41B	3.33B	3.29B	3.06B	2.42B	1.96B	1.98B	1.90B
EBITDA Margin	70.6%	70.9%	72.8%	73.1%	70.8%	67.4%	69.3%	68.8%
Depreciation & Amortization	1.15B	1.13B	970.06M	888.15M	713.43M	553.26M	512.92M	483.65M
EPS Basic	9.04	10.68	11.11	23.64	9.91	6.29	7.30	9.84
EPS Diluted	9.01	10.64	11.06	23.50	9.87	6.29	7.29	9.82
Shares Outstanding	175.45M	175.35M	175.47M	175.26M	174.86M	174.49M	174.29M	173.97M
Diluted Shares Outstanding	175.90M	176.04M	176.14M	176.28M	175.57M	174.64M	174.53M	174.30M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.