Growth Metrics

Public Storage (PSA-PR) Operating Margin (2016 - 2025)

Public Storage has reported Operating Margin over the past 15 years, most recently at 36.48% for Q4 2025.

  • Quarterly results put Operating Margin at 36.48% for Q4 2025, down 109.0% from a year ago — trailing twelve months through Dec 2025 was 37.28% (down 56.0% YoY), and the annual figure for FY2025 was 37.28%, down 56.0%.
  • Operating Margin for Q4 2025 was 36.48% at Public Storage, down from 37.18% in the prior quarter.
  • Over the last five years, Operating Margin for PSA-PR hit a ceiling of 69.26% in Q2 2021 and a floor of 36.48% in Q4 2025.
  • Median Operating Margin over the past 5 years was 43.54% (2022), compared with a mean of 44.39%.
  • Biggest five-year swings in Operating Margin: skyrocketed 6137bps in 2021 and later tumbled -2283bps in 2022.
  • Public Storage's Operating Margin stood at 46.08% in 2021, then increased by 5bps to 48.58% in 2022, then fell by -19bps to 39.14% in 2023, then fell by -4bps to 37.57% in 2024, then dropped by -3bps to 36.48% in 2025.
  • The last three reported values for Operating Margin were 36.48% (Q4 2025), 37.18% (Q3 2025), and 38.86% (Q2 2025) per Business Quant data.