Public Storage PSA
NYSE PSA
$294.58 -7.02 (-2.33%)
As of: Sep 9, 2026 · 3:59 PM EDT

Public Storage (PSA) Tax Rate (2023 - 2026)

Public Storage (PSA) posted Tax Rate of 0.54% for Q2 2026, up 81.76% on a QoQ basis from 0.3% in Q1 2026, and down 35.0% year-over-year from 0.83% in Q2 2025.

Analysis

Public Storage (PSA) Tax Rate (2023 - 2026) Analysis & Trends

Public Storage has reported Tax Rate for 4 years, with the latest figure at 0.54% in Q2 2026.

  • On a quarterly basis, Tax Rate fell 35.0% year-over-year to 0.54% in Q2 2026; TTM through Jun 2026 was 0.37%, a 69.0% decrease from a year earlier, with the FY2025 full-year figure at 0.4%, down 63.0% from the prior year.
  • Tax Rate was 0.54% for Q2 2026 at Public Storage, up from 0.3% in the prior quarter.
  • The five-year high for Tax Rate was 0.89% in Q2 2025, with the low at 2.97% in Q4 2025.
  • Average Tax Rate over 4 years is 0.19%, with a median of 0.44% recorded in 2023.
  • The largest YoY upside for Tax Rate was 49 bps in 2025 against a maximum downside of 275 bps in 2025.
  • Over 4 years, Tax Rate stood at 0.53% in 2023, then sank by 142 bps to 0.22% in 2024, then slumped by 1236 bps to 2.97% in 2025, then surged by 118 bps to 0.54% in 2026.
  • The last three Tax Rate figures came in at 0.54% (Q2 2026), 0.3% (Q1 2026), and 2.97% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Public Storage 51.71 Bn 51.45 Bn 1.20 Bn 0.54%
2 Extra Space Storage 28.65 Bn 28.65 Bn 642.43 Mn 4.45%
3 CubeSmart 8.83 Bn 8.83 Bn 190.47 Mn -
4 SmartStop Self Storage REIT 1.76 Bn 1.72 Bn 47.65 Mn 5.71%
5 Global Self Storage 58.24 Mn 58.24 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.54%
Mar 31, 2026 0.30%
Dec 31, 2025 -2.97%
Sep 30, 2025 0.55%
Jun 30, 2025 0.89%
Mar 31, 2025 0.35%
Dec 31, 2024 -0.22%
Sep 30, 2024 0.57%
Jun 30, 2024 0.40%
Mar 31, 2024 0.29%
Dec 31, 2023 0.53%
Sep 30, 2023 0.46%
Jun 30, 2023 0.43%
Mar 31, 2023 0.59%