Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 43.22% is 24% below its 5-year average of 56.87%, near the low end of its 5-year range (29.84%–254.47%).
As of the fiscal period ended Tuesday, March 31, 2026. 13.14% above its 12-month average of 38.20%.
Reported quarterly profit margin; no daily interpolation.
NET PROFIT MARGIN
43.22%
NET PROFIT MARGIN AVG TTM
38.20%
NET PROFIT MARGIN AVG 3Y
42.92%
NET PROFIT MARGIN AVG 5Y
46.99%
NET PROFIT MARGIN AVG 10Y
49.89%
NET PROFIT MARGIN AVG 15Y
50.48%
NET PROFIT MARGIN AVG 20Y
48.63%
CURRENT VS TTM AVG
+13.14%
CURRENT VS 3Y AVG
+0.69%
CURRENT VS 5Y AVG
-8.02%
CURRENT VS 10Y AVG
-13.37%
CURRENT VS 15Y AVG
-14.39%
CURRENT VS 20Y AVG
-11.13%
SECTOR MEDIAN · REAL ESTATE
26.21%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+64.86%
vs the sector median at left
Public Storage
Market Cap
$56.62B
Net Profit Margin
43.22%
TTM Avg
38.20%
3Y Avg
42.92%
5Y Avg
46.99%
Market Cap
$61.17B
Net Profit Margin
18.94%
TTM Avg
17.37%
3Y Avg
20.53%
5Y Avg
20.57%
Market Cap
$73.65B
Net Profit Margin
6.72%
TTM Avg
16.13%
3Y Avg
14.41%
5Y Avg
17.56%
Market Cap
$74.51B
Net Profit Margin
70.40%
TTM Avg
56.13%
3Y Avg
48.26%
5Y Avg
43.53%
Market Cap
$38.18B
Net Profit Margin
3.76%
TTM Avg
2.51%
3Y Avg
4.82%
5Y Avg
6.26%
Market Cap
$77.65B
Net Profit Margin
26.60%
TTM Avg
23.02%
3Y Avg
19.79%
5Y Avg
21.27%
Market Cap
$32.73B
Net Profit Margin
25.83%
TTM Avg
-24.51%
3Y Avg
-0.88%
5Y Avg
5.31%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Public Storage (PSA) | $56.62B | 43.22% | 38.20% | 42.92% | 46.99% |
| Realty Income Corporation (O)vs › | $61.17B | 18.94% | 17.37% | 20.53% | 20.57% |
| Ventas, Inc. (VTR)vs › | $48.87B | 4.25% | 2.98% | 0.97% | 2.79% |
| CBRE Group, Inc. (CBRE)vs › | $40.84B | 3.11% | 2.78% | 3.30% | 3.83% |
| Digital Realty Trust, Inc. (DLR)vs › | $73.65B | 6.72% | 16.13% | 14.41% | 17.56% |
| Simon Property Group, Inc. (SPG)vs › | $74.51B | 70.40% | 56.13% | 48.26% | 43.53% |
| Iron Mountain Incorporated (IRM)vs › | $38.18B | 3.76% | 2.51% | 4.82% | 6.26% |
| American Tower Corporation (AMT)vs › | $77.65B | 26.60% | 23.02% | 19.79% | 21.27% |
| Crown Castle Inc. (CCI)vs › | $32.73B | 25.83% | -24.51% | -0.88% | 5.31% |
| Extra Space Storage Inc. (EXR)vs › | $31.21B | 27.82% | 27.23% | 32.24% | 35.89% |
Operating Margin
50.9%
Net Profit Margin
43.2%
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
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-03-31 | 43.22% |
| 2025-12-31 | 41.71% |
| 2025-09-30 | 41.75% |
| 2025-06-30 | 29.84% |
| 2025-03-31 | 34.47% |
| 2024-12-31 | 52.20% |
| 2024-09-30 | 36.23% |
| 2024-06-30 | 44.16% |
| 2024-03-31 | 43.98% |
| 2023-12-31 | 37.87% |
| 2023-09-30 | 53.62% |
| 2023-06-30 | 51.62% |
| 2023-03-31 | 47.31% |
| 2022-12-31 | 37.88% |
| 2022-09-30 | 254.47% |
| 2022-06-30 | 63.35% |
| 2022-03-31 | 52.80% |
| 2021-12-31 | 67.05% |
| 2021-09-30 | 54.76% |
| 2021-06-30 | 49.49% |
| 2021-03-31 | 56.44% |
| 2020-12-31 | 46.28% |
| 2020-09-30 | 44.23% |
| 2020-06-30 | 44.17% |
| 2020-03-31 | 50.92% |
| 2019-12-31 | 53.80% |
| 2019-09-30 | 54.56% |
| 2019-06-30 | 52.05% |
| 2019-03-31 | 53.19% |
| 2018-12-31 | 84.66% |
| 2018-09-30 | 53.52% |
| 2018-06-30 | 58.90% |
| 2018-03-31 | 51.20% |
| 2017-12-31 | 57.92% |
| 2017-09-30 | 51.97% |
| 2017-06-30 | 53.24% |
| 2017-03-31 | 53.05% |
| 2016-12-31 | 63.51% |
| 2016-09-30 | 55.39% |
| 2016-06-30 | 56.24% |
| 2016-03-31 | 51.63% |
| 2015-12-31 | 59.65% |
| 2015-09-30 | 54.87% |
| 2015-06-30 | 55.45% |
| 2015-03-31 | 49.88% |
| 2014-12-31 | 61.24% |
| 2014-09-30 | 51.75% |
| 2014-06-30 | 51.45% |
| 2014-03-31 | 43.72% |
| 2013-12-31 | 57.75% |
| 2013-09-30 | 55.51% |
| 2013-06-30 | 53.66% |
| 2013-03-31 | 44.86% |
| 2012-12-31 | 58.30% |
| 2012-09-30 | 55.30% |
| 2012-06-30 | 43.47% |
| 2012-03-31 | 46.80% |
| 2011-12-31 | 49.50% |
| 2011-09-30 | 42.90% |
| 2011-06-30 | 47.52% |
| 2011-03-31 | 49.11% |
| 2010-12-31 | 43.92% |
| 2010-09-29 | 56.68% |
| 2010-06-30 | 30.67% |
| 2010-03-31 | 31.19% |
| 2009-12-31 | 44.96% |
| 2009-09-30 | 57.59% |
| 2009-06-30 | 49.00% |
| 2009-03-31 | 53.68% |
| 2008-12-31 | 35.96% |
| 2008-09-30 | 31.85% |
| 2008-06-30 | 31.97% |
| 2008-03-31 | 111.99% |
| 2007-12-31 | 36.17% |
| 2007-09-30 | 32.63% |
| 2007-06-30 | 17.20% |
| 2007-03-31 | 13.79% |
| 2006-12-31 | -2.36% |
| 2006-09-30 | 21.87% |
| 2006-06-30 | 43.26% |
| 2006-03-31 | 41.01% |
| 2005-12-31 | 41.38% |
| 2005-09-30 | 46.94% |
| 2005-06-30 | 41.20% |
| 2005-03-31 | 38.42% |
| 2004-12-31 | 44.64% |
| 2004-09-30 | 41.14% |
| 2004-06-30 | 40.23% |
| 2004-03-31 | 31.28% |
| 2003-12-31 | 38.82% |
| 2003-09-30 | 39.92% |
| 2003-06-30 | 38.86% |
| 2003-03-31 | 37.08% |
| 2002-12-31 | 33.29% |
| 2002-09-30 | 38.70% |
| 2002-06-30 | 37.98% |
