Public Storage PSA
NYSE PSA
$294.58 -7.02 (-2.33%)
As of: Sep 9, 2026 · 3:59 PM EDT

Public Storage (PSA) EBITDA Margin (2009 - 2026)

Public Storage (PSA) posted EBITDA Margin of 59.9% for Q2 2026, down 1.89% on a QoQ basis from 61.05% in Q1 2026, and down 320.0% year-over-year from 27.23% in Q2 2025.

Analysis

Public Storage (PSA) EBITDA Margin (2009 - 2026) Analysis & Trends

Public Storage has reported EBITDA Margin for 18 years, with the latest figure at 59.9% in Q2 2026.

  • On a quarterly basis, EBITDA Margin fell 320.0% year-over-year to 59.9% in Q2 2026; TTM through Jun 2026 was 59.56%, a 95.0% decrease from a year earlier, with the FY2025 full-year figure at 58.97%, down 22.0% from the prior year.
  • EBITDA Margin was 59.9% for Q2 2026 at Public Storage, down from 61.05% in the prior quarter.
  • The five-year high for EBITDA Margin was 67.65% in Q4 2022, with the low at 58.35% in Q1 2024.
  • Average EBITDA Margin over 5 years is 61.88%, with a median of 60.96% recorded in 2025.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin sank 2237 bps in 2022, then surged 295 bps in 2023.
  • Over 5 years, EBITDA Margin stood at 67.65% in 2022, then fell by 11 bps to 60.23% in 2023, then dropped by 2 bps to 59.12% in 2024, then fell by 1 bps to 58.6% in 2025, then rose by 2 bps to 59.9% in 2026.
  • The last three EBITDA Margin figures came in at 59.9% (Q2 2026), 61.05% (Q1 2026), and 58.6% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Public Storage 51.71 Bn 51.45 Bn 1.20 Bn 59.90%
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 43.37%
5 Global Self Storage 58.24 Mn 58.24 Mn - 21.58%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 59.90%
Mar 31, 2026 61.05%
Dec 31, 2025 58.60%
Sep 30, 2025 58.67%
Jun 30, 2025 63.10%
Mar 31, 2025 60.87%
Dec 31, 2024 59.12%
Sep 30, 2024 58.90%
Jun 30, 2024 60.37%
Mar 31, 2024 58.35%
Dec 31, 2023 60.23%
Sep 30, 2023 64.00%
Jun 30, 2023 66.51%
Mar 31, 2023 65.00%
Dec 31, 2022 67.65%
Sep 30, 2022 64.56%
Jun 30, 2022 64.99%
Mar 31, 2022 62.05%
Dec 31, 2021 65.04%
Sep 30, 2021 62.28%