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Public Storage (PSA-PJ) Operating Expenses (2016 - 2025)

Public Storage (PSA-PJ) has 17 years of Operating Expenses data on record, last reported at $739.7 million in Q4 2025.

  • For Q4 2025, Operating Expenses rose 5.27% year-over-year to $739.7 million; the TTM value through Dec 2025 reached $2.9 billion, up 3.4%, while the annual FY2025 figure was $2.9 billion, 3.4% up from the prior year.
  • Operating Expenses reached $739.7 million in Q4 2025 per PSA-PJ's latest filing, up from $732.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $739.7 million in Q4 2025 and bottomed at $410.1 million in Q1 2021.
  • Average Operating Expenses over 5 years is $605.1 million, with a median of $590.2 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: skyrocketed 31.51% in 2022, then grew 2.04% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $481.8 million in 2021, then grew by 12.35% to $541.4 million in 2022, then grew by 24.58% to $674.4 million in 2023, then increased by 4.19% to $702.7 million in 2024, then grew by 5.27% to $739.7 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $739.7 million in Q4 2025, $732.5 million in Q3 2025, and $701.1 million in Q2 2025.