Public Storage (PSA-PN) Tax Rate (2023 - 2026)

Public Storage's (PSA-PN) quarterly Tax Rate came in at 0.3% in Q1 2026, down 5.0% year-on-year from 0.31% in Q1 2025, and up 109.94% quarter-over-quarter from 2.97% in Q4 2025.

Public Storage (PSA-PN) Tax Rate (2023 - 2026) Analysis & Trends

Public Storage's Tax Rate history runs 4 years deep, the most recent figure standing at 0.3% for Q1 2026.

  • On a quarterly basis, Tax Rate fell 5.0% year-over-year to 0.3% in Q1 2026; TTM through Mar 2026 was 0.37%, a 60.0% decrease from a year earlier, with the FY2025 full-year figure at 0.4%, down 63.0% from the prior year.
  • Tax Rate improved to 0.3% in Q1 2026 per PSA-PN's latest filing, from 2.97% in the prior quarter.
  • Across five years, Tax Rate topped out at 0.89% in Q2 2025 and bottomed at 2.97% in Q4 2025.
  • The 4-year median for Tax Rate is 0.43% (2023), against an average of 0.17%.
  • Biggest YoY gain for Tax Rate was 49 bps in 2025; the steepest drop was 275 bps in 2025.
  • Year by year, Tax Rate stood at 0.53% in 2023, then plunged by 142 bps to 0.22% in 2024, then sank by 1236 bps to 2.97% in 2025, then surged by 110 bps to 0.3% in 2026.
  • Per Business Quant, the three latest PSA-PN Tax Rate figures stand at 0.3% (Q1 2026), 2.97% (Q4 2025), and 0.55% (Q3 2025).

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 0.30%
Mar 31, 2026 0.30%
Mar 31, 2026 0.30%
Dec 31, 2025 -2.97%
Dec 31, 2025 -2.97%
Dec 31, 2025 -2.97%
Sep 30, 2025 0.55%
Sep 30, 2025 0.55%
Sep 30, 2025 0.55%
Jun 30, 2025 0.89%
Jun 30, 2025 0.89%
Jun 30, 2025 0.89%
Mar 31, 2025 0.35%
Mar 31, 2025 0.35%
Mar 31, 2025 0.35%
Dec 31, 2024 -0.22%
Dec 31, 2024 -0.22%
Dec 31, 2024 -0.22%
Sep 30, 2024 0.57%
Sep 30, 2024 0.57%