Public Storage (PSA) Tax Rate (2023 - 2026)
Public Storage (PSA) posted Tax Rate of 0.54% for Q2 2026, down 0.35 percentage points from 0.89% a year earlier but up 0.24 percentage points from the prior quarter.
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Analysis
Public Storage (PSA) Tax Rate (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Public Storage was -0.37%, down 0.69 percentage points year-over-year; for FY2025, it was -0.40%, down 0.63 percentage points from FY2024.
- Annual Tax Rate shows a four-year change of -1.03 percentage points (FY2021 to FY2025).
- In prior years, Public Storage's Tax Rate was 0.22% in FY2024 (-0.27 pp), 0.50% in FY2023 (+0.17 pp), 0.33% in FY2022 (-0.30 pp) and 0.63% in FY2021.
- Quarterly Tax Rate has run from a low of -2.97% in Q4 2025 to a high of 0.89% in Q2 2025 over five years.
- On a year-over-year basis, Tax Rate has declined in each of the last four quarters, with an average year-over-year change of -0.41 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2025, with a gain of 0.49 percentage points; the weakest was Q4 2025, with a drop of 2.75 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 0.30% (Q1 2026), -2.97% (Q4 2025) and 0.55% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | - |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | 8.78% |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | - |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 6.51% |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 0.54% |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | - |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 4.45% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | 0.34% |
| 10 | Invitation Homes | 15.68 Bn | 15.72 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.54% |
| Mar 31, 2026 | 0.30% |
| Sep 30, 2025 | 0.55% |
| Jun 30, 2025 | 0.89% |
| Mar 31, 2025 | 0.35% |
| 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% |
API Access
Public Storage Tax Rate 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=tax-rate&ticker=PSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();