Public Storage $PSA

Real Estate · Self-Storage REITs · NYSE/NASDAQ

$301.76
+6.07 (+2.05%)
As of Oct 20, 2026, 5:56 PM EDT · cached
Price history
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Key facts

52-week range (closes)
$258.44 – $330.47 Lowest close Jan 2, 2026, highest Jul 28, 2026; 251 daily closes to Oct 13, 2026 from Dalsna Finance's price archive
Next earnings
Oct 26, 2026, after the close · EPS forecast $4.27 Nasdaq earnings calendar, as of Oct 20, 2026
Fiscal year ends
December Fiscal 2025 ended Dec 31, 2025, from SEC filings
In the S&P 500 since
Aug 19, 2005 · All S&P 500 changes

Public Storage (PSA) is trading up at $301.76 (+2.05%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Real Estate sector.

Public Storage revenue & net income history (FY2016–FY2025)

RevenueNet incomeNet margin (right axis, %)
$4.82B$2.41B$0FY2016 revenue: $2.56BFY2016 net income: $1.45B · Net margin 56.8%'16FY2017 revenue: $2.67BFY2017 net income: $1.44B · Net margin 54.0%'17FY2018 revenue: $2.76BFY2018 net income: $1.71B · Net margin 62.0%'18FY2019 revenue: $2.86BFY2019 net income: $1.52B · Net margin 53.3%'19FY2020 revenue: $2.92BFY2020 net income: $1.36B · Net margin 46.6%'20FY2021 revenue: $3.42BFY2021 net income: $1.95B · Net margin 57.2%'21FY2022 revenue: $4.18BFY2022 net income: $4.35B · Net margin 104.0%'22FY2023 revenue: $4.52BFY2023 net income: $2.15B · Net margin 47.6%'23FY2024 revenue: $4.70BFY2024 net income: $2.07B · Net margin 44.1%'24FY2025 revenue: $4.82BFY2025 net income: $1.78B · Net margin 37.0%'250%50%100%150%FY2016 net margin: 56.8%FY2017 net margin: 54.0%FY2018 net margin: 62.0%FY2019 net margin: 53.3%FY2020 net margin: 46.6%FY2021 net margin: 57.2%FY2022 net margin: 104.0%FY2023 net margin: 47.6%FY2024 net margin: 44.1%FY2025 net margin: 37.0%
Public Storage annual financial statements
FY2016Dec 2016FY2017Dec 2017FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 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 margin73.9%73.5%73.0%———————
Operating income$1.37B$1.42B————————
Operating margin53.7%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 margin56.8%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

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. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

Public Storage vs the Real Estate sector and the S&P 500

Public Storage's latest reported figures next to the median of the other 29 S&P 500 Real Estate companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.

Public Storage compared with the median Real Estate company and the median S&P 500 company
MeasurePublic StorageReal Estate (29 other S&P 500 companies)S&P 500 (502 other companies)
Revenue growth, latest fiscal year+2.7%+5.1%+7.0%
Net margin, latest fiscal year37.0%21.4%12.9%
Dividend per share, latest fiscal year$12.00$3.04$2.40
Share price change, 1 year−3.2%−3.2%+7.5%

Public Storage: fiscal year ended December 2025, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, Public Storage included, are the last regular-session prices of October 20, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 29/496, net margin 29/496, dividend per share 24/349, 1-year price change 29/488; the reasons below can overlap. 14 are left out of the price figure because our archive holds no comparable close for them; dividend medians are among the 24 sector and 349 S&P 500 companies reporting a per-share dividend. The S&P 500 price figure is the middle company's change, not the index's return.

About Public Storage

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

Headquarters
Frisco, Texas From SEC filings, Oct 2026

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