Public Storage (PSA) Payout Ratio (2009 - 2026)

Public Storage has reported Payout Ratio for 18 years, with the latest figure at 1.28 in Q2 2026.

• On a quarterly basis, Payout Ratio fell 31.34% year-over-year to 1.28 in Q2 2026; TTM through Jun 2026 was 1.25, a 12.56% decrease from a year earlier, with the FY2025 full-year figure at 1.45, up 18.18% from the prior year.
• Payout Ratio was 1.28 for Q2 2026 at Public Storage, up from 1.21 in the prior quarter.
• The five-year high for Payout Ratio was 1.86 in Q2 2025, with the low at 0.66 in Q2 2022.
• Average Payout Ratio over 5 years is 1.22, with a median of 1.23 recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Payout Ratio sank 42.08% in 2022, then surged 64.6% in 2023.
• Over 5 years, Payout Ratio stood at 1.1 in 2022, then surged by 34.15% to 1.48 in 2023, then tumbled by 31.05% to 1.02 in 2024, then grew by 23.54% to 1.26 in 2025, then gained by 1.55% to 1.28 in 2026.
• The last three Payout Ratio figures came in at 1.28 (Q2 2026), 1.21 (Q1 2026), and 1.26 (Q4 2025), per Business Quant data.