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

Public Storage's Tax Rate history runs 4 years deep, the most recent figure standing at 0.3% for Q1 2026.

• On a quarterly basis, Tax Rate fell 5.0% year-over-year to 0.3% in Q1 2026; TTM through Mar 2026 was 0.37%, a 60.0% decrease from a year earlier, with the FY2025 full-year figure at 0.4%, down 63.0% from the prior year.
• Tax Rate improved to 0.3% in Q1 2026 per PSA's latest filing, from 2.97% in the prior quarter.
• Across five years, Tax Rate topped out at 0.89% in Q2 2025 and bottomed at 2.97% in Q4 2025.
• The 4-year median for Tax Rate is 0.43% (2023), against an average of 0.17%.
• Biggest YoY gain for Tax Rate was 49 bps in 2025; the steepest drop was 275 bps in 2025.
• Year by year, Tax Rate stood at 0.53% in 2023, then plunged by 142 bps to 0.22% in 2024, then sank by 1236 bps to 2.97% in 2025, then surged by 110 bps to 0.3% in 2026.
• Per Business Quant, the three latest PSA Tax Rate figures stand at 0.3% (Q1 2026), 2.97% (Q4 2025), and 0.55% (Q3 2025).