1. MARKETS
  2. SECTOR : REAL ESTATE
  3. INDUSTRY : REAL ESTATE INVESTMENT TRUSTS
  4. PUBLIC STORAGE
288.88-0.98(-0.34%)
824.7K
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XNYS 12 Oct, 2026 5:30 PM (EDT)

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Public Storage quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

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Forecaster Analyst Estimates for Public Storage share price target, revenues, EPS, net income and more

Public Storage quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Public Storage Jun-2026 Quarterly Revenue is $1,233 Million which is growth of 2.6% YoY.

  • POSITIVE

    Quarterly Net Profit Public Storage Jun-2026 Quarterly Net Profit is $500 Million which is growth of 39.5% YoY.

Public Storage, Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
1,232.91,217.71,215.81,2241,201.11,183.21,177.41,187.81,173.21,157.21,159.91,143.81,119.8
Cost Of Rev.
344.1339.9329.3330.9318331.9310.8321.7301324.5290.8288.9279.9
Gross Profit
888.8877.8886.5893.2883.1851.3866.7866.1872.2832.7869854.9839.9
⌄
332.1321.1320.8317.8307.9307.9313.4306.5309.9306.5288.6267.4247.6
Operating Profit
556.7556.7565.7575.4575.2543.4553.2559.5562.2526.2580.5587.5592.3
-76.1-72.7-71.2-69.4-63.5-64.1-61.3-62-60.3-59.1-57.4-29.8-24.8
Profit Before Tax
505.7530.9495.3517.6364.7412.2617435.6523.3513.2452.7616.6581.2
Tax
2.71.6-14.72.83.21.4-1.42.52.11.5---
⌄
450.3476.8457461.4309358.2564.4380.7468.4459.2389.7563.2528.3
Diluted NI Avail to Com Stockholders Ann.
450.3476.8457461.4309358.2564.4380.7468.4459.2389.7563.2528.3
Basic EPS
2.62.72.62.61.823.22.22.72.62.23.23
Diluted EPS After ExtraOrdinary
2.52.52.62.62.62.52.72.62.62.42.633
Number Of Shares End
175.6175.5175.5175.5175.4175.4175.2175175.5175.7175.5175.5175.5
Net Income Continuing Discontinued Operations
500526.3507.1511.1358.4407.8614.6430.3518.1509439.3613.3578
Normalized Income
500.2507.6501.8521.2522.1501.6536.7514.1521.5487.3527586.3591.2
Interest Income
8.77.31010.38.17.910.812.2138.611.228.513.2
Interest
84.88081.279.771.67272.174.373.267.868.658.438.1
Net Interest Income
-76.1-72.7-71.2-69.4-63.5-64.1-61.3-62-60.3-59.1-57.4-29.8-24.8
EBIT
581.8603.7566.5587428.1476.3678.3497.7583.6572.3510.1646.5606
EBITDA
869.5894.4862.1877.3711.4759959.2778866.9857.5797.6885.2828.1
Reconciled Cost Of Rev.
344.1339.9329.3330.9318331.9310.8321.7301324.5290.8288.9279.9
Reconciled Depr.
287.8290.7295.6290.4283.2282.7280.9280.3283.3285.2287.5238.8222.1
Profit From Continuing Operations
502.9529.4510.1514.8361.4410.8618.4433.1521.2511.7441.9616.6581.2
Normalized EBITDA
863.1867.8882.3884.3869.9843.9853.8860.1869.3830.4889.1865.7842.2
*All financials are in USD Million and price data in USD

Public Storage competitor comparison and performance snapshot within industry

Public Storage annual results: revenue, profit, P&L, and margins as of Dec 2025 – 11 year history

  • POSITIVE

    Annual Revenue Public Storage Dec-2025 Annual Revenue is $4,824 Million which is growth of 2.7% YoY.

  • NEGATIVE

    Annual Net Profit Public Storage Dec-2025 Annual Net Profit is $1,784 Million which is growth of -13.9% YoY.

Public Storage, Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
4.9%
10.6%
 4,824.14,695.64,517.74,182.23,415.82,915.12,846.82,754.32,668.52,560.62,381.7
Cost Of Rev. Ann.
7.6%
8.6%
1,344.21,3101,2581,1481,052.9920.6867.5796.8739.7708669.1635.5
Gross Profit Ann.
3.9%
11.4%
3,546.33,514.13,437.63,369.73,129.32,495.22,047.62,0502,014.61,960.61,891.51,746.2
Operating Exp. Ann.
7.7%
14.5%
1,291.81,253.71,236.41,050.71,002.9814.7636.5584.9602.4537.4517514.2
Operating Profit Ann.
2.1%
9.9%
2,254.52,260.52,201.22,319.12,126.41,680.51,411.21,465.11,412.21,423.11,374.51,232
-
-
-289.4-267.9-242.7-136.3-115.5-78.5-34-17.2-6.16.110.915.9
Other Exp. Ann.
-
-
 -202.8130.7-11.82,355.4357.6-1677.7311.119.27569.8
PBT Ann.
-25.7%
5.6%
2,049.51,789.82,089.12,170.94,366.31,959.61,361.21,525.71,717.31,448.51,460.51,317.7
Tax Ann.
-
-
-7.6-7.24.710.8--------
⌄
-27.4%
7.6%
1,845.41,585.61,872.71,948.74,142.31,732.41,098.31,272.81,488.91,171.61,183.91,053.1
Diluted NI Avail to Com Stockholders Ann.
-27.4%
7.6%
1,845.41,585.61,872.71,948.74,142.31,732.41,098.31,272.81,488.91,171.61,183.91,053.1
EPS Ann.
-27.5%
7.4%
 910.711.123.69.96.37.38.66.86.86.1
Diluted EPS Ann.
-27.4%
7.4%
 910.611.123.59.96.37.38.56.76.86.1
Number Of Shares End
0%
0.1%
 175.5175.2175.5175.4175.1174.5174.4174.1173.8173.2172.9
Total Exp. Ann.
7.6%
11.3%
 2,563.62,494.42,198.62,055.81,735.31,503.91,381.71,342.11,245.41,186.11,149.7
Net Income Continuing Discontinued Operations Ann.
-25.7%
5.6%
2,044.41,784.42,0722,148.34,349.21,953.31,357.21,520.51,7111,442.21,453.61,311.2
Normalized Income Ann.
27.3%
6.5%
2,030.71,994.52,038.42,276966.71,921.71,457.11,539.41,755.91,505.71,472.41,337.1
Interest Income Ann.
20.7%
10.4%
36.336.644.764.820.812.322.328.426.418.815.116.5
Interest Ann.
30.7%
40.2%
325.7304.5287.4201.1136.390.856.345.632.512.74.20.6
EBITDA Ann.
-15.8%
10.5%
3,503.33,209.53,461.63,277.35,369.92,751.51,948.42,055.82,2071,896.91,882.81,727.8
Reconciled Cost Of Rev. Ann.
7.6%
8.6%
1,344.21,3101,2581,1481,052.9920.6867.5796.8739.7708669.1635.5
Reconciled Depr. Ann.
9%
15.8%
1,164.41,151.81,129.8970.1888.2713.4553.3512.9483.7454.5433.3426
Profit From Continuing Operations Ann.
-25.6%
5.7%
2,057.11,7972,084.42,160.14,366.31,959.61,361.21,525.71,717.21,448.51,460.41,317.7
Normalized EBITDA Ann.
3.3%
11%
3,497.53,481.23,413.63,399.83,157.42,638.42,067.22,0762,177.41,972.11,879.71,725.5
*All financials are in USD Million and price data in USD
Total Rev. Ann.
1Y CHG
2.7%
2Y CAGR
3.3%
3Y CAGR
4.9%
5Y CAGR
10.6%
7Y CAGR
8.3%
10Y CAGR
7.3%
Total Revenue Annual growth is lower than historical averages.
Net Profit Ann.
1Y CHG
-13.9%
2Y CAGR
-8.9%
3Y CAGR
-25.7%
5Y CAGR
5.6%
7Y CAGR
0.6%
10Y CAGR
3.1%
Net Profit Annual is falling faster than historical averages.
Operating Exp. Ann.
1Y CHG
1.4%
2Y CAGR
9.2%
3Y CAGR
7.7%
5Y CAGR
14.5%
7Y CAGR
11%
10Y CAGR
9.3%
Operating Expenses Annual Cr growth is lower than historical averages.

Public Storage balance sheet as of Dec 2025: assets, liabilities, reserves, and borrowings – 11 year history

  • NEGATIVE

    Total Shareholders Fund Public Storage Dec-2025 Total Shareholders Fund is $4,898 Million which is growth of -8.7% YoY.

  • POSITIVE

    Total Assets Public Storage Dec-2025 Total Assets is $20,209 Million which is growth of 2.3% YoY.

Public Storage, Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
4.8%
11.3%
20,208.619,754.919,809.217,552.317,380.911,816.611,365.410,928.310,732.910,130.39,778.2
⌄
13.7%
27.4%
10,866.89,941.39,702.37,385.57,957.43,239.72,285.81,783.51,768.5688.7580.6
⌄
-5.1%
0.5%
4,898.15,362.65,663.25,723.45,235.24,766.44,997.95,094.54,9155,044.45,115.6
Total Capitalization Ann.
4.8%
11.9%
19,50219,065.619,116.516,944.216,810.511,103.910,965.410,531.810,371.39,802.79,489.7
Tangible Assets Ann.
-2.9%
1.5%
8,996.59,430.49,625.99,840.99,032.38,354.28,8578,909.68,725.19,199.28,959.2
Working Capital Ann.
-
-
-152.7-140.8-229260.6252.5-137.126.5-1096.2-114.3-157.3
Invested Capital Ann.
6.4%
15.7%
15,15214,715.614,766.512,594.212,710.57,311.46,900.46,506.86,346.35,435.25,434.7
Tangible Book Value Ann.
-5.4%
0.4%
4,646.55,080.45,275.95,490.94,932.34,561.74,7924,884.64,700.14,831.74,904.2
Borrowings Ann.
14.3%
32.1%
10,253.99,3539,103.36,870.87,475.32,5451,902.51,412.31,431.3390.8319
Net Debt Ann.
17.7%
34.1%
9,935.88,905.68,733.36,095.66,740.72,287.41,492.81,051.1998207.1214.7
Share Issued Ann.
0%
0.1%
175.5175.4175.7175.3175.1174.6174.4174.1173.9173.3172.9
Number Of Shares End
0%
0.1%
175.5175.2175.5175.4175.1174.5174.4174.1173.8173.2172.9
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
2.3%
2Y CAGR
1%
3Y CAGR
4.8%
5Y CAGR
11.3%
7Y CAGR
9.2%
10Y CAGR
7.5%
Total Assets Annual growth is lower than historical averages.
Total Current Liabilities Ann.
1Y CHG
4.2%
2Y CAGR
1.2%
3Y CAGR
6%
5Y CAGR
9.2%
7Y CAGR
7.4%
10Y CAGR
8.9%
Total Current Liabilities Annual Cr growth is lower than historical averages.
Total ShareHolders Funds Ann.
1Y CHG
-8.7%
2Y CAGR
-7%
3Y CAGR
-5.1%
5Y CAGR
0.5%
7Y CAGR
-0.6%
10Y CAGR
-0.4%
Total ShareHolders Funds Annual is falling faster than historical averages.

Public Storage ROE, ROCE, book value, and debt-to-equity ratio as of Dec 2025 – 11 year history

  • NEGATIVE

    Book Value Per Share Public Storage Book Value Per Share is $28 which is growth of -8.7% YoY.

  • NEUTRAL

    ROE Public Storage ROE is 0% which is growth of 0% YoY.

Public Storage, Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
RoA Ann. %
-
-
-9.47%10.43%23.72%11.87%9.48%11.42%13.75%11.23%11.89%10.75%
ROE Ann. %
-
-
-33.97%34.23%75.60%34.64%22.50%25.22%29.75%23.53%23.30%20.50%
ROIC %
-
-
-4.22.93.14.94.14.88.35.36.45.7
OPM Ann. %
-2.7%
-0.6%
46.86%46.88%51.33%50.84%49.20%48.41%51.47%51.27%53.33%53.68%51.73%
Inventory Turnover Ratio Ann.
-
-
-----------
Asset Turnover Ann. %
-
-
-0.20.20.20.20.30.30.30.30.30.2
Working Capital Turnover Ann.
-
-
-31.6-33.3-19.716.113.5-21.3107.6-274.327.8-22.4-15.1
Quick Ratio Ann.
-
-
-0.80.61.51.50.71.111.30.60.4
Current Ratio Ann.
-
-
-0.80.61.51.50.71.111.30.60.4
Interest Coverage Ratio Ann.
-
-
-8.311.83322.625.234.453.8115.1348.72,161.2
LT Debt To Equity Ann.
-
-
-1.71.61.21.40.50.40.30.30.10.1
*All financials are in USD Million and price data in USD

Public Storage cash flow: net, operating, investing, and financing flows as of Dec 2025 – 11 year history

  • POSITIVE

    Cash From Operating Activity Public Storage Dec-2025 Cash From Operating Activity is $3,186 Million which is growth of 1.9% YoY.

  • NEGATIVE

    Net Cash Flow Public Storage Dec-2025 Net Cash Flow is $-129 Million which is growth of -374.9% YoY.

Public Storage, Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsDec '25Dec '24Dec '23Dec '22Dec '21Dec '20Dec '19Dec '18Dec '17Dec '16Dec '15
0.7%
9.3%
3,186.53,128.33,246.73,117.12,543.62,042.92,067.62,061.51,975.71,945.31,732.6
-
-
-1,685.1-1,002.6-3,538.51,120-5,563.5-1,117.7-897.4-513.8-739.9-716.7-440.1
-
-
-1,630.7-2,078.6-112.9-4,193.33,498.1-1,075.7-1,120.7-1,619.6-992.2-1,148.8-1,375.6
Cash Plus Cash Eqv. End Of Year Ann.
-26.6%
2.4%
318.1447.4400.4805.2761.3282.6433.6384456.1183.7104.3
Net Increase In Cash Plus Cash Eqv.s Ann.
-
-
-129.347-404.843.9478.2-150.549.6-71.9243.679.8-83.1
Cash Plus Cash Eqv. Begin Of Year Ann.
-16.2%
0.6%
447.4400.4805.2761.3282.6433.6384456.1212.6104.3187.7
Income Tax Paid Supplemental Data Ann.
-
-
6.46.9---------
Interest Paid Supplemental Data Ann.
-
-
273269.5---------
Capex Ann.
-
-
-289.4-420-461.1-459.8-270.2-170-187.3-478.9-460.7-351.4-294.1
Issuance Of Capital Stock Ann.
-67.7%
-62.2%
9.4107.6278.11,243.31,220.91,092.712.5603.71,161.729.7
Issuance Of Debt Ann.
-
20%
1,356.41,1512,181.35,038.9545.2496.9992.1113.6264.3
Repayment Of Debt Ann.
-
-
-651.5-808.5-8.3-513.5-2.2-2-1.9-1.8-1.7-36.5-17.2
Repurchase Of Capital Stock Ann.
-
-
-200-1,175-1,220-1,050-922.5-862.5-270
Free Cash Flow Ann.
2.9%
9.1%
2,897.12,708.22,785.52,657.42,273.31,872.91,880.31,582.61,5151,5941,438.5
*All financials are in USD Million and price data in USD
Cash from Operating Act. Ann.
1Y CHG
1.9%
2Y CAGR
-0.9%
3Y CAGR
0.7%
5Y CAGR
9.3%
7Y CAGR
6.4%
10Y CAGR
6.3%
Cash from Operating Activity Annual growth is stable compared to historical averages.