Public Storage (PSA) Asset Utilization Ratio (2009 - 2026)
Public Storage's (PSA) Asset Utilization Ratio was 0.20 for Q3 2026, down 13.0% from 0.24 a year earlier and down 16.3% from the prior quarter.
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Analysis
Public Storage (PSA) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Public Storage was 0.24, up 1.7% from FY2024.
- By year, Asset Utilization Ratio came in at 0.24 in FY2024 (-1.8%), 0.24 in FY2023 (+1.0%), 0.24 in FY2022 (+2.3%) and 0.23 in FY2021 (-7.0%).
- The Q3 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since Q4 2012.
- Year over year, Asset Utilization Ratio gained in six of the last eight quarters, with an average year-over-year change of 0.0%.
- The high point for year-over-year Asset Utilization Ratio in five years was Q1 2023 (growth of 18.9%); the low point was Q1 2022 (a decline of 17.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.24 (Q2 2026), 0.24 (Q1 2026) and 0.24 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | 0.19 |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | 0.09 |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | 0.17 |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | 0.20 |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | 0.08 |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | 0.23 |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 0.12 |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 0.09 |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 0.47 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.20 |
| Jun 30, 2026 | 0.24 |
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.24 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.24 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.23 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.21 |
| Dec 31, 2021 | 0.21 |
API Access
Public Storage Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "PSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();