Public Storage (PSA-PL) EBIT Margin (2009 - 2026)

Public Storage (PSA-PL) recorded quarterly EBIT Margin of 38.95% in Q1 2026, up 6.77% quarter-over-quarter from 36.48% in Q4 2025, and down 27.0% on a YoY basis from 53.35% in Q1 2025.

Public Storage (PSA-PL) EBIT Margin (2009 - 2026) Analysis & Trends

Public Storage's EBIT Margin history runs 18 years deep, the most recent figure standing at 38.95% for Q1 2026.

  • In Q1 2026, EBIT Margin fell 27.0% year-over-year to 38.95%; the TTM figure through Mar 2026 stood at 37.86% (down 54.0% YoY), while the FY2025 annual figure was 37.28%, down 56.0% from the prior year.
  • EBIT Margin was 38.95% for Q1 2026 at Public Storage, up from 36.48% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 48.58% in Q4 2022 to a low of 36.48% in Q4 2025.
  • Historically, EBIT Margin has averaged 41.43% across 5 years, with a median of 39.14% in 2023.
  • The sharpest annual moves came in 2022 and 2023: EBIT Margin surged 4205 bps in 2022, then slumped 943 bps in 2023.
  • A 5-year view of EBIT Margin shows it stood at 48.58% in 2022, then decreased by 19 bps to 39.14% in 2023, then decreased by 4 bps to 37.57% in 2024, then fell by 3 bps to 36.48% in 2025, then grew by 7 bps to 38.95% in 2026.
  • The last three EBIT Margin figures came in at 38.95% (Q1 2026), 36.48% (Q4 2025), and 37.18% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Prologis 137.79 Bn 141.12 Bn 2.24 Bn 72.20%
2 Public Storage 57.19 Bn 57.15 Bn 1.18 Bn 38.95%
3 Extra Space Storage 31.69 Bn 32.52 Bn -204.61 Mn 1,090.82%
4 Eastgroup Properties 10.93 Bn 10.93 Bn 190.03 Mn 40.04%
5 Lineage 10.07 Bn 10.97 Bn 417.00 Mn 2.78%
6 CubeSmart 9.54 Bn 9.57 Bn 191.86 Mn 8.22%
7 Rexford Industrial Realty 7.99 Bn 8.37 Bn - -
8 STAG Industrial 7.40 Bn 7.47 Bn - -
9 Terreno Realty 7.04 Bn 7.04 Bn - -
10 Public Storage - - 1.18 Bn 38.95%

Historic Data

Download Data
DateValue
Mar 31, 2026 38.95%
Dec 31, 2025 36.48%
Sep 30, 2025 37.18%
Jun 30, 2025 38.86%
Mar 31, 2025 39.22%
Dec 31, 2024 37.57%
Sep 30, 2024 37.76%
Jun 30, 2024 39.09%
Mar 31, 2024 36.95%
Dec 31, 2023 39.14%
Sep 30, 2023 44.66%
Jun 30, 2023 47.74%
Mar 31, 2023 46.25%
Dec 31, 2022 48.58%
Sep 30, 2022 46.42%
Jun 30, 2022 46.43%
Mar 31, 2022 43.00%
Dec 31, 2021 46.08%
Sep 30, 2021 44.08%
Jun 30, 2021 4.38%