Public Storage PSA
NYSE PSA
$293.98 -0.62 (-0.21%)
As of: Sep 10, 2026 · 2:00 PM EDT

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

Public Storage (PSA) posted Net Margin of 36.52% for Q2 2026, down 6.72% on a QoQ basis from 39.15% in Q1 2026, and up 1080.0% year-over-year from 3.09% in Q2 2025.

Analysis

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

Public Storage has reported Net Margin for 18 years, with the latest figure at 36.52% in Q2 2026.

  • On a quarterly basis, Net Margin rose 1080.0% year-over-year to 36.52% in Q2 2026; TTM through Jun 2026 was 37.74%, a 379.0% increase from a year earlier, with the FY2025 full-year figure at 32.87%, down 701.0% from the prior year.
  • Net Margin was 36.52% for Q2 2026 at Public Storage, 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.
  • Average Net Margin over 5 years is 51.56%, with a median of 39.42% recorded in 2026.
  • The sharpest annual moves came in 2022 and 2023: Net Margin surged 19982 bps in 2022, then sank 20001 bps in 2023.
  • Over 5 years, Net Margin stood at 33.31% in 2022, then climbed by 1 bps to 33.59% in 2023, then jumped by 43 bps to 47.93% in 2024, then decreased by 22 bps to 37.59% in 2025, then dropped by 3 bps to 36.52% in 2026.
  • The last three Net Margin figures came in at 36.52% (Q2 2026), 39.15% (Q1 2026), and 37.59% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Public Storage 51.61 Bn 51.35 Bn 1.20 Bn 36.52%
2 Extra Space Storage 28.84 Bn 28.84 Bn 642.43 Mn 29.68%
3 CubeSmart 8.85 Bn 8.85 Bn 190.47 Mn -0.18%
4 SmartStop Self Storage REIT 1.77 Bn 1.73 Bn 47.65 Mn 14.19%
5 Global Self Storage 58.13 Mn 58.13 Mn - 15.27%
Historic Data

Historic Data

Download Data
DateValue
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%