KPIs & Operating Metrics(New)
Growth Metrics

Public Storage (PSA) Net Margin (2016 - 2026)

Public Storage filings provide 18 years of Net Margin readings, the most recent being 39.15% for Q1 2026.

  • For the quarter ending Q1 2026, Net Margin rose 888.0% year-over-year to 39.15%, compared with a TTM value of 35.07% through Mar 2026, down 245.0%, and an annual FY2025 reading of 32.87%, down 701.0% over the prior year.
  • Net Margin hit 39.15% in Q1 2026 for Public Storage, up from 37.59% in the prior quarter.
  • The five-year high for Net Margin was 249.25% in Q3 2022, with the low at 25.72% in Q2 2025.
  • Median Net Margin over the past 5 years was 39.68% (2024), compared with a mean of 52.44%.
  • The sharpest move saw Net Margin surged 19982bps in 2022, then tumbled -20001bps in 2023.
  • Year by year, Net Margin stood at 33.31% in 2022, then grew by 1bps to 33.59% in 2023, then surged by 43bps to 47.93% in 2024, then fell by -22bps to 37.59% in 2025, then rose by 4bps to 39.15% in 2026.
  • According to Business Quant data, Net Margin over the past three periods came in at 39.15%, 37.59%, and 37.7% for Q1 2026, Q4 2025, and Q3 2025 respectively.