Public Storage (PSA) EBIT Margin (2009 - 2026)
Public Storage (PSA) posted EBIT Margin of 37.85% for Q2 2026, down 2.81% on a QoQ basis from 38.95% in Q1 2026, and down 378.0% year-over-year from 13.62% in Q2 2025.
Analysis
Public Storage (PSA) EBIT Margin (2009 - 2026) Analysis & Trends
Public Storage has reported EBIT Margin for 18 years, with the latest figure at 37.85% in Q2 2026.
- On a quarterly basis, EBIT Margin fell 378.0% year-over-year to 37.85% in Q2 2026; TTM through Jun 2026 was 37.62%, a 144.0% decrease from a year earlier, with the FY2025 full-year figure at 37.28%, down 56.0% from the prior year.
- EBIT Margin was 37.85% for Q2 2026 at Public Storage, down from 38.95% in the prior quarter.
- The five-year high for EBIT Margin was 48.58% in Q4 2022, with the low at 36.48% in Q4 2025.
- Average EBIT Margin over 5 years is 41.38%, with a median of 39.18% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: EBIT Margin tumbled 2283 bps in 2022, then soared 325 bps in 2023.
- Over 5 years, EBIT Margin stood at 48.58% in 2022, then slipped by 19 bps to 39.14% in 2023, then slipped by 4 bps to 37.57% in 2024, then retreated by 3 bps to 36.48% in 2025, then gained by 4 bps to 37.85% in 2026.
- The last three EBIT Margin figures came in at 37.85% (Q2 2026), 38.95% (Q1 2026), and 36.48% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Public Storage | 51.71 Bn | 51.45 Bn | 1.20 Bn | 37.85% |
| 2 | Extra Space Storage | 28.65 Bn | 28.65 Bn | 642.43 Mn | 44.86% |
| 3 | CubeSmart | 8.83 Bn | 8.83 Bn | 190.47 Mn | 7.46% |
| 4 | SmartStop Self Storage REIT | 1.76 Bn | 1.72 Bn | 47.65 Mn | 22.55% |
| 5 | Global Self Storage | 58.24 Mn | 58.24 Mn | - | 21.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.85% |
| Mar 31, 2026 | 38.95% |
| Dec 31, 2025 | 36.48% |
| Sep 30, 2025 | 37.18% |
| Jun 30, 2025 | 41.63% |
| 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% |