Public Storage (PSA-PJ) 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.

• In Q1 2026, Net Margin rose 888.0% year-over-year to 39.15%; the TTM figure through Mar 2026 stood at 35.07% (down 245.0% YoY), while the FY2025 annual figure was 32.87%, down 701.0% from the prior year.
• Net Margin was 39.15% for Q1 2026 at Public Storage, up from 37.59% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 249.25% in Q3 2022 to a low of 25.72% in Q2 2025.
• Historically, Net Margin has averaged 52.44% across 5 years, with a median of 39.68% in 2024.
• The sharpest annual moves came in 2022 and 2023: Net Margin jumped 19982 bps in 2022, then slumped 20001 bps in 2023.
• A 5-year view of Net Margin shows it 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.
• The last three Net Margin figures came in at 39.15% (Q1 2026), 37.59% (Q4 2025), and 37.7% (Q3 2025), per Business Quant data.