Public Storage (PSA-PF) Net Margin (2009 - 2026)

Public Storage's Net Margin history runs 18 years deep, the most recent figure standing at 39.15% for Q1 2026.

• On a quarterly basis, Net Margin rose 888.0% year-over-year to 39.15% in Q1 2026; TTM through Mar 2026 was 35.07%, a 245.0% decrease from a year earlier, with the FY2025 full-year figure at 32.87%, down 701.0% from the prior year.
• Net Margin grew to 39.15% in Q1 2026 per PSA-PF's latest filing, from 37.59% in the prior quarter.
• Across five years, Net Margin topped out at 249.25% in Q3 2022 and bottomed at 25.72% in Q2 2025.
• The 5-year median for Net Margin is 39.68% (2024), against an average of 52.44%.
• Across the five-year window, Net Margin soared 19982 bps in 2022 and slumped 20001 bps in 2023, its largest moves.
• Year by year, Net Margin stood at 33.31% in 2022, then advanced by 1 bps to 33.59% in 2023, then soared by 43 bps to 47.93% in 2024, then retreated by 22 bps to 37.59% in 2025, then grew by 4 bps to 39.15% in 2026.
• Per Business Quant, the three latest PSA-PF Net Margin figures stand at 39.15% (Q1 2026), 37.59% (Q4 2025), and 37.7% (Q3 2025).