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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | - |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | 8.78% |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | 6.51% |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | 0.54% |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | 4.45% |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | 0.34% |
| 10 | Essex Property Trust | 17.26 Bn | 17.42 Bn | - | - |
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% |
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_KEY
import 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();