Public Storage (PSA-PM) Operating Income (2011 - 2026)

Public Storage (PSA-PM) recorded quarterly Operating Income of $474.3 million in Q1 2026, up 6.95% quarter-over-quarter from $443.5 million in Q4 2025, and up 2.21% on a YoY basis from $464.0 million in Q1 2025.

Public Storage (PSA-PM) Operating Income (2011 - 2026) Analysis & Trends

Public Storage's Operating Income history runs 16 years deep, the most recent figure standing at $474.3 million for Q1 2026.

  • In Q1 2026, Operating Income rose 2.21% year-over-year to $474.3 million; the TTM figure through Mar 2026 stood at $1.8 billion (up 1.45% YoY), while the FY2025 annual figure was $1.8 billion, up 1.22% from the prior year.
  • Operating Income was $474.3 million for Q1 2026 at Public Storage, up from $443.5 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $534.6 million in Q2 2023 to a low of $418.6 million in Q1 2022.
  • Historically, Operating Income has averaged $471.6 million across 5 years, with a median of $464.0 million in 2025.
  • The sharpest annual moves came in 2022 and 2024: Operating Income jumped 1218.86% in 2022, then dropped 15.5% in 2024.
  • A 5-year view of Operating Income shows it stood at $528.8 million in 2022, then decreased by 14.14% to $454.0 million in 2023, then dropped by 2.57% to $442.3 million in 2024, then advanced by 0.26% to $443.5 million in 2025, then increased by 6.95% to $474.3 million in 2026.
  • The last three Operating Income figures came in at $474.3 million (Q1 2026), $443.5 million (Q4 2025), and $455.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Prologis 137.79 Bn 141.12 Bn 2.24 Bn 1.63 Bn
2 Public Storage 57.19 Bn 57.15 Bn 1.18 Bn 474.28 Mn
3 Extra Space Storage 31.69 Bn 32.52 Bn -204.61 Mn 367.55 Mn
4 Eastgroup Properties 10.93 Bn 10.93 Bn 190.03 Mn 76.17 Mn
5 Lineage 10.07 Bn 10.97 Bn 417.00 Mn 36.00 Mn
6 CubeSmart 9.54 Bn 9.57 Bn 191.86 Mn 23.17 Mn
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 474.28 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 474.28 Mn
Dec 31, 2025 443.48 Mn
Sep 30, 2025 455.13 Mn
Jun 30, 2025 466.71 Mn
Mar 31, 2025 464.01 Mn
Dec 31, 2024 442.32 Mn
Sep 30, 2024 448.47 Mn
Jun 30, 2024 458.56 Mn
Mar 31, 2024 427.63 Mn
Dec 31, 2023 454.01 Mn
Sep 30, 2023 510.83 Mn
Jun 30, 2023 534.56 Mn
Mar 31, 2023 506.08 Mn
Dec 31, 2022 528.79 Mn
Sep 30, 2022 505.13 Mn
Jun 30, 2022 479.16 Mn
Mar 31, 2022 418.60 Mn
Dec 31, 2021 425.96 Mn
Sep 30, 2021 394.49 Mn
Jun 30, 2021 36.33 Mn