Public Storage revenue and financials

PSA · NYSE · USD

$281.66Change from previous close: −0.76%Absolute change: −$2.15

Close · October 5, 2026

In the fiscal year ended December 2025, Public Storage reported revenue of $4.82B (+2.74% year over year). Net income was $1.78B, a net margin of 37.0%.

Annual revenue · 2025: $4.82B
  1. $2.56B2016
  2. $2.67B2017
  3. $2.76B2018
  4. $2.86B2019
  5. $2.92B2020
  6. $3.42B2021
  7. $4.18B2022
  8. $4.52B2023
  9. $4.7B2024
  10. $4.82B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+2.74%
2025 vs 2024
Net income growth
−13.88%
2025 vs 2024
Net margin
37.0%
2024: 44.1%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Annual
Item2025202420232022202120202019201820172016
Total assets20,20919,75519,80917,55217,38111,81711,36510,92810,73310,130
Current assets460457370775——————
Cash and equivalents318447370775735258410361433184
Receivables14210.0————————
Net property, plant and equipment18,80518,36118,38716,03815,307—————
Goodwill166166166166166166175175175175
Other intangible assets85.811622166.7137—————
Long-term investments389382390276——————
Current liabilities613588599515——————
Long-term debt10,2549,3539,1036,8717,4752,5451,9021,4121,431391
Total debt10,2549,3539,1036,871——————
Total liabilities10,8679,9419,7027,3867,9573,2402,2861,7841,769689
Total equity (incl. minority)9,3429,81410,10710,1679,424—————
Retained earnings-1,219-699-268-110-550—————
Minority interest93.710193.893.488.4—————