Public Storage (PSA) Net Income
The annual net income for Public Storage (PSA) is $1.78 Billion with a year-over-year change of (13.88%). Net income represents the company's bottom line profit after all expenses, taxes, and interest.
Annual Net Income (TTM)
$1.78B
$1.78 Billion
Year-over-Year Change
(13.88%)
vs. $2.07B prior year
Net Income CAGR
+5.97%
5 Year compound annual growth rate
Net Income CAGR (Compound Annual Growth Rate)
1 Year
(3.45%)
3 Year
(24.10%)
5 Year
+5.97%
10 Year
+3.53%
15 Year
+6.36%
20 Year
+7.19%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Net Income History
| Year | Net Income | YoY Change | % Change |
|---|---|---|---|
| 2025 | $1.78B | ($287.66M) | (13.88%) |
| 2024 | $2.07B | ($76.32M) | (3.55%) |
| 2023 | $2.15B | ($2.20B) | (50.60%) |
| 2022 | $4.35B | +$2.40B | +122.66% |
| 2021 | $1.95B | +$596.05M | +43.92% |
| 2020 | $1.36B | ($163.32M) | (10.74%) |
| 2019 | $1.52B | ($190.50M) | (11.13%) |
| 2018 | $1.71B | +$268.81M | +18.64% |
| 2017 | $1.44B | ($11.36M) | (0.78%) |
| 2016 | $1.45B | +$142.33M | +10.85% |
Net Income Growth Summary
TTM Growth
(3.45%)
3-Year Avg Growth
(24.10%)
5-Year Avg Growth
+5.97%
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