Public Storage (PSA) Net Income CAGR:-3.45%(TTM)
The net income cagr for Public Storage (PSA) is -3.45% over the latest trailing 12-month period. Net income CAGR uses precomputed financial statement history.
The net income cagr for Public Storage (PSA) stock is -3.45% over the past 12 months. The 3 year average growth rate is -24.10% and the 5 year cagr is 5.97%. Net income CAGR shows how Public Storage's bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
PSA Net Income CAGR Chart
Public Storage (PSA)
PSA Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $2.07B | $1.78B | $-287.66M | -13.88% | -13.88% |
| 2024 | $2.15B | $2.07B | $-76.32M | -3.55% | -3.55% |
| 2023 | $4.35B | $2.15B | $-2.20B | -50.60% | -50.60% |
| 2022 | $1.95B | $4.35B | +$2.40B | +122.66% | +122.66% |
| 2021 | $1.36B | $1.95B | +$596.05M | +43.92% | +43.92% |
| 2020 | $1.52B | $1.36B | $-163.32M | -10.74% | -10.74% |
| 2019 | $1.71B | $1.52B | $-190.50M | -11.13% | -11.13% |
| 2018 | $1.44B | $1.71B | +$268.81M | +18.64% | +18.64% |
| 2017 | $1.45B | $1.44B | $-11.36M | -0.78% | -0.78% |
| 2016 | $1.31B | $1.45B | +$142.33M | +10.85% | +10.85% |
| 2015 | $1.14B | $1.31B | +$167.04M | +14.60% | +14.60% |
| 2014 | $1.05B | $1.14B | +$91.75M | +8.72% | +8.72% |
| 2013 | $939.26M | $1.05B | +$113.19M | +12.05% | +12.05% |
| 2012 | $823.84M | $939.26M | +$115.42M | +14.01% | +14.01% |
| 2011 | $672.04M | $823.84M | +$151.80M | +22.59% | +22.59% |
| 2010 | $834.62M | $672.04M | $-162.58M | -19.48% | -19.48% |
| 2009 | $935.18M | $834.62M | $-100.56M | -10.75% | -10.75% |
| 2008 | $457.54M | $935.18M | +$477.64M | +104.39% | +104.39% |
| 2007 | $314.03M | $457.54M | +$143.51M | +45.70% | +45.70% |
| 2006 | $456.39M | $314.03M | $-142.37M | -31.19% | -31.19% |
| 2005 | $366.21M | $456.39M | +$90.18M | +24.63% | +24.63% |
| 2004 | $336.65M | $366.21M | +$29.56M | +8.78% | +8.78% |
| 2003 | $318.74M | $336.65M | +$17.91M | +5.62% | +5.62% |
| 2002 | $324.21M | $318.74M | $-5.47M | -1.69% | -1.69% |
| 2001 | $297.09M | $324.21M | +$27.12M | +9.13% | +9.13% |
| 2000 | $287.88M | $297.09M | +$9.20M | +3.20% | +3.20% |
| 1999 | $227.02M | $287.88M | +$60.87M | +26.81% | +26.81% |
| 1998 | $178.60M | $227.02M | +$48.42M | +27.11% | +27.11% |
| 1997 | $153.50M | $178.60M | +$25.10M | +16.35% | +16.35% |
Quarterly Net Income — QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $526.27M | +3.8% | +29.1% |
| Q4 2025 | $507.07M | -0.8% | -17.5% |
| Q3 2025 | $511.06M | +42.6% | +18.8% |
| Q2 2025 | $358.42M | -12.1% | -30.8% |
| Q1 2025 | $407.79M | -33.7% | -19.9% |
| Q4 2024 | $614.61M | +42.8% | +39.9% |
| Q3 2024 | $430.33M | -16.9% | -29.8% |
| Q2 2024 | $518.13M | +1.8% | -10.4% |
| Q1 2024 | $508.95M | +15.9% | -1.7% |
| Q4 2023 | $439.29M | -28.4% | +6.5% |
| Q3 2023 | $613.30M | +6.1% | -77.9% |
| Q2 2023 | $578.03M | +11.7% | -11.6% |
| Q1 2023 | $517.71M | +25.5% | +0.7% |
| Q4 2022 | $412.36M | -85.1% | -33.5% |
| Q3 2022 | $2.77B | +323.5% | +465.0% |
| Q2 2022 | $653.85M | +27.2% | +59.3% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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