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

Public Storage's (PSA) quarterly EBT Margin came in at 43.6% in Q1 2026, up 876.0% year-on-year from 4.47% in Q1 2025, and up 7.02% quarter-over-quarter from 40.74% in Q4 2025.

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

Public Storage's EBT Margin history runs 18 years deep, the most recent figure standing at 43.6% for Q1 2026.

  • On a quarterly basis, EBT Margin rose 876.0% year-over-year to 43.6% in Q1 2026; TTM through Mar 2026 was 39.28%, a 283.0% decrease from a year earlier, with the FY2025 full-year figure at 37.1%, down 739.0% from the prior year.
  • EBT Margin advanced to 43.6% in Q1 2026 per PSA's latest filing, from 40.74% in the prior quarter.
  • Across five years, EBT Margin topped out at 54.16% in Q3 2023 and bottomed at 30.36% in Q2 2025.
  • The 5-year median for EBT Margin is 44.23% (2022), against an average of 43.43%.
  • Biggest YoY gain for EBT Margin was 4294 bps in 2022; the steepest drop was 2362 bps in 2022.
  • Year by year, EBT Margin stood at 47.35% in 2022, then slipped by 19 bps to 38.3% in 2023, then surged by 37 bps to 52.4% in 2024, then decreased by 22 bps to 40.74% in 2025, then increased by 7 bps to 43.6% in 2026.
  • Per Business Quant, the three latest PSA EBT Margin figures stand at 43.6% (Q1 2026), 40.74% (Q4 2025), and 42.29% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Prologis 136.72 Bn 136.72 Bn 2.24 Bn 69.47%
2 Public Storage 56.92 Bn 56.79 Bn 1.18 Bn 43.60%
3 Extra Space Storage 31.35 Bn 31.35 Bn 617.72 Mn 28.88%
4 Eastgroup Properties 11.31 Bn 11.31 Bn 193.10 Mn 35.99%
5 Lineage 9.72 Bn 9.65 Bn 417.00 Mn -3.62%
6 CubeSmart 9.62 Bn 9.62 Bn 191.86 Mn 29.35%
7 Rexford Industrial Realty 8.86 Bn 8.81 Bn - -
8 STAG Industrial 7.76 Bn 7.76 Bn - -
9 Terreno Realty 7.66 Bn 7.66 Bn - -
10 Americold Realty Trust 4.20 Bn 4.16 Bn 195.51 Mn -3.22%

Historic Data

Download Data
DateValue
Mar 31, 2026 43.60%
Dec 31, 2025 40.74%
Sep 30, 2025 42.29%
Jun 30, 2025 30.36%
Mar 31, 2025 34.84%
Dec 31, 2024 52.40%
Sep 30, 2024 36.68%
Jun 30, 2024 44.60%
Mar 31, 2024 44.35%
Dec 31, 2023 38.30%
Sep 30, 2023 54.16%
Jun 30, 2023 52.13%
Mar 31, 2023 47.84%
Dec 31, 2022 47.35%
Sep 30, 2022 44.46%
Jun 30, 2022 44.23%
Mar 31, 2022 39.95%
Dec 31, 2021 44.98%
Sep 30, 2021 41.80%
Jun 30, 2021 1.29%