Public Storage (PSA) Net Profit Margin: 39.16%
Is Public Storage’s net profit margin high or low?
Public Storage's net profit margin of 39.16% is 30% below its 5-year average of 56.07%, near the low end of its 5-year range (36.99%–103.99%).
The net profit margin for Public Storage (PSA) is 39.16% as of Wednesday, June 10, 2026. It is below its 12-month average by 3.45% (40.56%).
PSA Net Profit Margin Chart
PSA Average Net Profit Margin Chart
PSA Current vs Average Net Profit Margin Chart
PSA Net Profit Margin Metrics
NET PROFIT MARGIN
39.16%
NET PROFIT MARGIN AVG TTM
40.56%
NET PROFIT MARGIN AVG 3Y
58.16%
NET PROFIT MARGIN AVG 5Y
56.07%
NET PROFIT MARGIN AVG 10Y
56.14%
NET PROFIT MARGIN AVG 15Y
53.98%
NET PROFIT MARGIN AVG 20Y
50.50%
CURRENT VS TTM AVG
-3.45%
CURRENT VS 3Y AVG
-32.67%
CURRENT VS 5Y AVG
-30.15%
CURRENT VS 10Y AVG
-30.25%
CURRENT VS 15Y AVG
-27.46%
CURRENT VS 20Y AVG
-22.46%
PSA Competitors' Net Profit Margin
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Public Storage (PSA) | — | 39.16% | 40.56% | 58.16% | 56.07% |
| Realty Income Corporation (O) | $57.93B | 18.94% | 17.37% | 20.53% | 20.57% |
| Digital Realty Trust, Inc. (DLR) | $63.53B | 21.47% | 16.13% | 14.41% | 17.56% |
| Simon Property Group, Inc. (SPG) | $69.02B | 70.40% | 56.13% | 48.26% | 43.53% |
| Crown Castle Inc. (CCI) | $40.76B | 25.13% | -24.51% | -0.88% | 5.31% |
| American Tower Corporation (AMT) | $89.65B | 26.60% | 23.02% | 19.79% | 21.27% |
| Equinix, Inc. (EQIX) | $102.40B | 15.03% | 11.95% | 11.36% | 9.86% |
| Agree Realty Corporation (ADC) | $9.07B | 29.28% | 29.55% | 31.55% | 33.16% |
| NNN REIT, Inc. (NNN) | $8.83B | 41.38% | 43.86% | 44.60% | 42.16% |
| Terreno Realty Corporation (TRNO) | $7.13B | 86.52% | 66.41% | 62.83% | 55.56% |
Margin Comparison
Operating Margin
50.9%
Net Profit Margin
39.2%
Public Storage Net Profit Margin Formula & Definition
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Public Storage Net Profit Margin FAQ
- What is the net profit margin for Public Storage (PSA)?
- The net profit margin for PSA stock is 39.16%.
- Is Public Storage's net profit margin high or low?
- Public Storage's net profit margin of 39.16% is 30% below its 5-year average of 56.07%, near the low end of its 5-year range (36.99%–103.99%).
- What is the TTM average net profit margin for Public Storage (PSA)?
- The TTM average net profit margin for PSA stock is 40.56%.
- What is the 3Y average net profit margin for Public Storage (PSA)?
- The 3Y average net profit margin for PSA stock is 58.16%.
- What is the 5Y average net profit margin for Public Storage (PSA)?
- The 5Y average net profit margin for PSA stock is 56.07%.
- What is the 10Y average net profit margin for Public Storage (PSA)?
- The 10Y average net profit margin for PSA stock is 56.14%.
- What is the 15Y average net profit margin for Public Storage (PSA)?
- The 15Y average net profit margin for PSA stock is 53.98%.
- What is the 20Y average net profit margin for Public Storage (PSA)?
- The 20Y average net profit margin for PSA stock is 50.50%.
Public Storage Net Profit Margin History
| DATE | NET PROFIT MARGIN |
|---|---|
| 2025-12-31 | 36.99% |
| 2024-12-31 | 44.13% |
| 2023-12-31 | 47.55% |
| 2022-12-31 | 103.99% |
| 2021-12-31 | 57.18% |
| 2020-12-31 | 46.56% |
| 2019-12-31 | 53.26% |
| 2018-12-31 | 62.00% |
| 2017-12-31 | 54.05% |
| 2016-12-31 | 56.77% |
| 2015-12-31 | 55.06% |
| 2014-12-31 | 52.55% |
| 2013-12-31 | 53.56% |
| 2012-12-31 | 50.98% |
| 2011-12-31 | 47.46% |
| 2010-12-31 | 41.64% |
| 2009-12-31 | 51.43% |
| 2008-12-31 | 54.36% |
| 2007-12-31 | 25.22% |
| 2006-12-31 | 22.74% |
| 2005-12-31 | 43.06% |
| 2004-12-31 | 38.22% |
| 2003-12-31 | 37.70% |
| 2002-12-31 | 37.48% |
| 2001-12-31 | 40.71% |
| 2000-12-31 | 42.07% |
| 1999-12-31 | 45.05% |
| 1998-12-31 | 41.00% |
| 1997-12-31 | 38.07% |
| 1996-12-31 | 45.28% |
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