Public StoragePSAEarnings & Financial Report
Public Storage, headquartered in Glendale, California, 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.
PSA Q4 2025 Key Financial Metrics
Revenue
$1.2B
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$507.1M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
41.7%
YoY Growth
3.3%
EPS
$2.59
Financial Flow
Public Storage Q4 2025 Financial Summary
Public Storage reported revenue of $1.2B for Q4 2025, with a net profit of $507.1M (41.7% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $1.2B |
|---|---|
| Net Profit | $507.1M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q4 2025 |
Public Storage Annual Revenue by Year
Public Storage annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.8B |
| 2024 | $4.7B |
| 2023 | $4.5B |
| 2022 | $4.2B |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.16B | $1.17B | $1.19B | $1.18B | $1.18B | $1.20B | $1.22B | $1.22B |
| YoY Growth | 5.8% | 4.8% | 3.8% | 1.5% | 2.2% | 2.4% | 3.1% | 3.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $19.62B | $19.79B | $19.80B | $19.75B | $19.62B | $20.54B | $20.11B | $20.21B |
| Liabilities | $9.57B | $9.99B | $10.09B | $9.94B | $9.95B | $11.07B | $10.71B | $10.87B |
| Equity | $9.95B | $9.71B | $9.61B | $9.71B | $9.57B | $9.37B | $9.31B | $9.25B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $665.6M | $895.3M | $798.8M | $768.6M | $705.1M | $872.7M | $875.1M | $733.6M |
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