Public Storage (PSA) Real Estate, Net (2009 - 2026)
Public Storage (PSA) reported Real Estate, Net of $25.13 billion for Q3 2026, up 33.8% from $18.78 billion a year earlier and up 34.0% from the prior quarter.
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Analysis
Public Storage (PSA) Real Estate, Net (2009 - 2026) Analysis & Trends
At the end of FY2025, Public Storage posted Real Estate, Net of $18.8 billion, up 2.4% from FY2024.
- Real Estate, Net has a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- By year, Real Estate, Net came in at $18.36 billion in FY2024 (-0.1%), $18.39 billion in FY2023 (+14.6%), $16.04 billion in FY2022 (+4.8%) and $15.31 billion in FY2021 (+47.1%).
- The Q3 2026 figure ranks as the highest quarterly Real Estate, Net in data going back to Q2 2009.
- Year over year, Real Estate, Net has now increased in each of the last seven quarters, with growth averaging 5.5% over the last eight quarters.
- The high point for year-over-year Real Estate, Net in five years was Q4 2021 (growth of 47.1%); the low point was Q3 2024 (a decline of 0.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $18.75 billion (Q2 2026), $18.68 billion (Q1 2026) and $18.8 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.13 Bn |
| Jun 30, 2026 | 18.75 Bn |
| Mar 31, 2026 | 18.68 Bn |
| Dec 31, 2025 | 18.80 Bn |
| Sep 30, 2025 | 18.78 Bn |
| Jun 30, 2025 | 18.43 Bn |
| Mar 31, 2025 | 18.40 Bn |
| Dec 31, 2024 | 18.36 Bn |
| Sep 30, 2024 | 18.23 Bn |
| Jun 30, 2024 | 18.27 Bn |
| Mar 31, 2024 | 18.32 Bn |
| Dec 31, 2023 | 18.39 Bn |
| Sep 30, 2023 | 18.27 Bn |
| Jun 30, 2023 | 16.16 Bn |
| Mar 31, 2023 | 16.04 Bn |
| Dec 31, 2022 | 16.04 Bn |
| Sep 30, 2022 | 15.84 Bn |
| Jun 30, 2022 | 15.55 Bn |
| Mar 31, 2022 | 15.42 Bn |
| Dec 31, 2021 | 15.31 Bn |
API Access
Public Storage Real Estate, Net 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=real-estate-net&ticker=PSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "real-estate-net", "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=real-estate-net&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();