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 (PSA) Net income
Public Storage's net income for fiscal 2025 was $1.8B, down 13.8% from $2.1B in fiscal 2024. Over the twelve months to 30 June 2026 it was $2.1B. Over the past ten years it has ranged from $1.3B (fiscal 2015) to $4.4B (fiscal 2022); the current reading is higher than 64% of that period. Net income has fallen for 3 consecutive fiscal years. Public Storage ranks 2nd of 15 Reit Industrial companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $1.8B | (13.79%) |
| FY2024 | $2.1B | (3.50%) |
| FY2023 | $2.2B | (50.53%) |
| FY2022 | $4.4B | 122.81% |
| FY2021 | $2.0B | 43.96% |
| FY2020 | $1.4B | (10.78%) |
| FY2019 | $1.5B | (11.16%) |
| FY2018 | $1.7B | 18.55% |
| FY2017 | $1.4B | (0.82%) |
| FY2016 | $1.5B | 10.83% |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Jun 2026 | $502.9M | (4.99%) |
| Mar 2026 | $529.4M | 3.79% |
| Dec 2025 | $510.1M | (0.92%) |
| Sep 2025 | $514.8M | 42.43% |
| 42 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| PLD Prologis, Inc. compare | $4.5B |
| PSA Public Storage | $2.1B |
| EXR Extra Space Storage Inc compare | $1.0B |
| TRNO Terreno Realty Corporation compare | $388.6M |
| FR First Industrial Realty Trust, Inc. compare | $381.9M |
| CUBE CubeSmart compare | $332.4M |
| EGP EastGroup Properties, Inc. compare | $304.9M |
| LINE Lineage, Inc. compare | −$189.0M |
| REXR Rexford Industrial Realty, Inc. compare | −$403.9M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
More on PSA
- Revenue
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement