Public Storage (PSA) EBT Margin (2009 - 2026)
Public Storage (PSA) reported EBT Margin of 26.59% for Q3 2026, down 15.69 percentage points from 42.29% a year earlier and down 14.42 percentage points from the prior quarter.
Public Storage (PSA) EBT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Public Storage's EBT Margin came in at 37.66%, down 2.28 percentage points year-over-year; for FY2025, it came in at 37.10%, down 7.39 percentage points from FY2024.
- EBT Margin has declined for three consecutive years, with a five-year change of -31.98 percentage points (FY2020 to FY2025).
- By year, EBT Margin came in at 44.49% in FY2024 (-3.56 pp), 48.05% in FY2023 (-56.69 pp), 104.74% in FY2022 (+47.01 pp) and 57.73% in FY2021 (-11.35 pp).
- The Q3 2026 figure ranks as the lowest quarterly EBT Margin in data going back to Q2 2009.
- Year over year, EBT Margin gained in four of the last eight quarters, with an average year-over-year change of -1.50 percentage points.
- The high point for year-over-year EBT Margin in five years was Q4 2024 (a gain of 14.10 percentage points); the low point was Q3 2024 (a drop of 17.48 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 41.01% (Q2 2026), 43.60% (Q1 2026) and 40.74% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.70 Bn | 166.77 Bn | 1.47 Bn | 9.10% |
| 2 | Prologis | 122.17 Bn | 120.56 Bn | - | 40.96% |
| 3 | Simon Property | 80.16 Bn | 78.26 Bn | - | 28.48% |
| 4 | Public Storage | 62.28 Bn | 61.73 Bn | 112.08 Mn | 26.59% |
| 5 | Realty Income | 56.35 Bn | 57.74 Bn | - | 28.10% |
| 6 | Ventas | 47.42 Bn | 46.59 Bn | -3.39 Bn | 2.87% |
| 7 | Ryman Hospitality Properties | 47.10 Bn | 45.93 Bn | 266.41 Mn | 5.07% |
| 8 | Vivmark Residential | 37.16 Bn | 36.91 Bn | - | -62.55% |
| 9 | Extra Space Storage | 33.05 Bn | 32.83 Bn | 650.96 Mn | 30.16% |
| 10 | Vici Properties | 27.32 Bn | 26.10 Bn | 1.06 Bn | 32.80% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.59% |
| Jun 30, 2026 | 41.01% |
| 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 | -46.22% |
| Sep 30, 2022 | -47.98% |
| Jun 30, 2022 | -48.41% |
| Mar 31, 2022 | -52.66% |
| Dec 31, 2021 | -49.12% |
Public Storage EBT Margin 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=ebt-margin&ticker=PSA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();