Public Storage (PSA) Net Margin (2009 - 2026)
Public Storage (PSA) posted quarterly Net Margin of 36.52% for Q2 2026, up 1080.0% year-over-year from 3.09% in Q2 2025, and down 6.72% quarter-over-quarter from 39.15% in Q1 2026.
Public Storage (PSA) Net Margin (2009 - 2026) Analysis & Trends
Public Storage's Net Margin history runs 18 years deep, the most recent figure standing at 36.52% for Q2 2026.
- In Q2 2026, Net Margin rose 1080.0% year-over-year to 36.52%; the TTM figure through Jun 2026 stood at 37.74% (up 379.0% YoY), while the FY2025 annual figure was 32.87%, down 701.0% from the prior year.
- Net Margin for Q2 2026 stood at 36.52%, down from 39.15% 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.
- The 5-year median for Net Margin is 39.42% (2026), against an average of 51.56%.
- The sharpest annual moves came in 2022 and 2023: Net Margin soared 19982 bps in 2022, then sank 20001 bps in 2023.
- Public Storage's Net Margin stood at 33.31% in 2022, then gained by 1 bps to 33.59% in 2023, then surged by 43 bps to 47.93% in 2024, then fell by 22 bps to 37.59% in 2025, then decreased by 3 bps to 36.52% in 2026.
- Business Quant data shows PSA's Net Margin at 36.52% in Q2 2026, 39.15% in Q1 2026, and 37.59% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.18 Bn | 131.18 Bn | 2.41 Bn | 43.74% |
| 2 | Public Storage | 56.71 Bn | 56.45 Bn | 1.20 Bn | 36.52% |
| 3 | Extra Space Storage | 31.13 Bn | 31.13 Bn | 642.43 Mn | 29.68% |
| 4 | Eastgroup Properties | 10.82 Bn | 10.82 Bn | 193.10 Mn | 39.06% |
| 5 | Lineage | 9.47 Bn | 9.41 Bn | 425.00 Mn | -2.35% |
| 6 | CubeSmart | 9.34 Bn | 9.34 Bn | 190.47 Mn | -0.18% |
| 7 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | -206.47% |
| 8 | Terreno Realty | 7.29 Bn | 7.29 Bn | - | 45.96% |
| 9 | STAG Industrial | 6.97 Bn | 6.97 Bn | - | 23.57% |
| 10 | Americold Realty Trust | 4.33 Bn | 4.29 Bn | 212.69 Mn | -52.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 36.52% |
| Mar 31, 2026 | 39.15% |
| Dec 31, 2025 | 37.59% |
| Sep 30, 2025 | 37.70% |
| Jun 30, 2025 | 25.72% |
| Mar 31, 2025 | 30.28% |
| Dec 31, 2024 | 47.93% |
| Sep 30, 2024 | 32.05% |
| Jun 30, 2024 | 39.92% |
| Mar 31, 2024 | 39.68% |
| Dec 31, 2023 | 33.59% |
| Sep 30, 2023 | 49.24% |
| Jun 30, 2023 | 47.18% |
| Mar 31, 2023 | 42.73% |
| Dec 31, 2022 | 33.31% |
| Sep 30, 2022 | 249.25% |
| Jun 30, 2022 | 58.46% |
| Mar 31, 2022 | 47.68% |
| Dec 31, 2021 | 60.38% |
| Sep 30, 2021 | 49.43% |