Public Storage (PSA) is trading down at $282.95 (-1.01%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Real Estate sector.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $2.56B | $2.67B | $2.76B | $2.86B | $2.92B | $3.42B | $4.18B | $4.52B | $4.70B | $4.82B |
| Growth (year over year) | +7.5% | +4.2% | +3.4% | +3.5% | +2.1% | +17.2% | +22.4% | +8.0% | +3.9% | +2.7% |
| Gross profit | $1.89B | $1.96B | $2.01B | — | — | — | — | — | — | — |
| Gross margin | 73.9% | 73.5% | 73.0% | — | — | — | — | — | — | — |
| Operating income | $1.37B | $1.42B | — | — | — | — | — | — | — | — |
| Operating margin | 53.7% | 53.3% | — | — | — | — | — | — | — | — |
| Net income | $1.45B | $1.44B | $1.71B | $1.52B | $1.36B | $1.95B | $4.35B | $2.15B | $2.07B | $1.78B |
| Net margin | 56.8% | 54.0% | 62.0% | 53.3% | 46.6% | 57.2% | 104.0% | 47.6% | 44.1% | 37.0% |
| EPS (diluted) | $6.81 | $6.73 | $8.54 | $7.29 | $6.29 | $9.87 | $23.50 | $11.06 | $10.64 | $9.01 |
| Balance sheet | ||||||||||
| Cash and equivalents | $183.7M | $433.4M | $361.2M | $409.7M | $257.6M | $734.6M | $775.3M | $370.0M | $447.4M | $318.1M |
| Total assets | $10.1B | $10.7B | $10.9B | $11.4B | $11.8B | $17.4B | $17.6B | $19.8B | $19.8B | $20.2B |
| Total liabilities | $688.7M | $1.77B | $1.78B | $2.29B | $3.24B | $7.96B | $7.39B | $9.70B | $9.94B | $10.9B |
| Long-term debt | $390.7M | $1.43B | $1.41B | $1.90B | $2.54B | $7.48B | $6.87B | $9.10B | $9.35B | $10.3B |
| Shareholders' equity | $9.41B | $8.94B | $9.12B | $9.06B | $8.56B | $9.34B | $10.1B | $10.0B | $9.71B | $9.25B |
| Cash flow | ||||||||||
| Operating cash flow | $1.95B | $1.97B | $2.06B | $2.07B | $2.04B | $2.54B | $3.12B | $3.25B | $3.13B | $3.19B |
| Capital expenditure | $81.4M | $120.6M | $141.0M | $187.3M | — | — | — | — | — | — |
| Free cash flow | $1.86B | $1.85B | $1.92B | $1.88B | — | — | — | — | — | — |
| Share buybacks | — | — | — | — | — | — | $0 | $0 | $200.0M | $0 |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.19B | $1.18B | $1.18B | $1.20B | $1.22B | $1.22B | $1.22B | $1.23B |
| Growth (year over year) | +3.8% | +1.5% | +2.2% | +2.4% | +3.1% | +3.3% | +2.9% | +2.6% |
| Operating income | — | — | $464.0M | $500.0M | — | — | $474.3M | $466.7M |
| Operating margin | — | — | 39.2% | 41.6% | — | — | 38.9% | 37.9% |
| Net income | $430.3M | $614.6M | $407.8M | $358.4M | $511.1M | $507.1M | $526.3M | $500.0M |
| Net margin | 36.2% | 52.2% | 34.5% | 29.8% | 41.8% | 41.7% | 43.2% | 40.6% |
| EPS (diluted) | $2.16 | $3.22 | $2.04 | $1.76 | $2.62 | $2.59 | $2.71 | $2.55 |
| Balance sheet | ||||||||
| Cash and equivalents | $599.0M | $447.4M | $287.2M | $1.10B | $296.5M | $318.1M | $134.6M | $259.9M |
| Total assets | $19.8B | $19.8B | $19.6B | $20.5B | $20.1B | $20.2B | $19.9B | $20.1B |
| Total liabilities | $10.1B | $9.94B | $9.95B | $11.1B | $10.7B | $10.9B | $10.5B | $10.8B |
| Long-term debt | $9.47B | $9.35B | $9.42B | $10.4B | $10.0B | $10.3B | $9.71B | $10.2B |
| Shareholders' equity | $9.61B | $9.71B | $9.57B | $9.37B | $9.31B | $9.25B | $9.22B | $9.19B |
| Cash flow | ||||||||
| Operating cash flow | $798.8M | $768.6M | $705.1M | $872.7M | $875.1M | $733.6M | $694.8M | $868.4M |
| Share buybacks | $0 | $0 | — | — | $0 | $0 | — | — |
From Public Storage's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Public Storage, headquartered in Frisco, Texas, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space. The company also provides insurance services for tenants and manages 307 self storage facilities for other owners. More than 90 percent of Public Storage's revenues are from its self-storage operations; it also provides insurance, packing products.
Source: Wikipedia — Public Storage
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Public Storage chief legal officer sells $463,133 in shares
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Public Storage posts mixed Q2 print, shares edge lower