Public Storage
PSA Real Estate Reit Industrial
Public Storage’s revenue for fiscal 2025 (year ended December 2025) was $4.8 billion, up 2.74% from fiscal 2024. In the quarter to June 2026, revenue grew 2.65%, EPS grew 45.5%, free cash flow was flat and total debt fell 2.49%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for ten.
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Public Storage 10-K filed Feb 12, 2026
What changed
Item 1, Business, against the 10-K filed Feb 24, 2025: 7 added · 5 removed · 32 modified; 4 with only figures updated
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Modified · Cautionary Statement Regarding Forward-Looking Statements
This Annual Report on Form 10-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements relating to our
2025 outlook2026 guidance and all underlying assumptions;, our expected acquisition, disposition, development, and redevelopment activity;, supply and demand for our self-storage facilities;, information relating to operating trends in our markets;, expectations regarding operating expenses, including property tax changes;, expectations regarding the impacts from inflation and changes in macroeconomic conditions;, our strategic priorities;, expectations with respect to financing activities, rental rates, zoning, cap rates, and yields;, leasing expectations;, our credit ratings;, and all other statements other than statements of historical fact. Such statements are based on management’s beliefs and assumptions made based on information currently available to management and may be identified by the use of the words “outlook,” “guidance,” “expects,” “believes,” “anticipates,” “should,” “estimates,” and similar expressions.
43 more changes in this Item, word by word, in Powerpack.
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