Public Storage revenue and financials

PSA · NYSE · USD

$287.00+1.89%+$5.33

Close · October 6, 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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue1,2331,2181,2161,2241,201———————
Cost of revenue344340329331318———————
Gross profit889878887893883———————
Selling, general and administrative44.430.425.327.425.7———————
Operating income557557566575574———————
EBIT566566564576570544551560566529562598
EBITDA853857859867854827832840849814850836
Interest expense84.880.081.279.771.6———————
Pre-tax income506531495518365412617436523513444619
Income tax2.71.6-14.72.83.21.4-1.42.52.11.52.42.8
Net income500526507511358408615430518509439613
Net income to common shareholders450477457461309358564381468459390563
Basic EPS2.562.722.602.631.762.043.222.172.672.612.223.21
Diluted EPS2.552.712.592.621.762.043.212.162.662.602.213.20
Average shares (basic)176176175175175175175175175176176175
Average shares (diluted)177176176176176176176176176176176176
Dividend per share3.003.003.003.003.003.003.003.003.003.003.003.00