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.

298.27 2.94 +1.00%
Market cap
$55.2B
P/E
28.4×
Fwd P/E
30.0×
Dividend yield
4.02%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Public Storage (PSA) Revenue growth

Alert me on Revenue growth

Public Storage's revenue growth over the twelve months to 30 June 2026 was 2.97%, up 0.2 percentage points from fiscal 2025 (2.74%). Over the past ten years it has ranged from 2.10% (fiscal 2020) to 22.4% (fiscal 2022); the current reading is higher than 18% of that period. That is below the Reit Industrial industry median of 3.86% and below the Real Estate sector median of 4.40%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 2.74% (1.20)
FY2024 3.94% (4.08)
FY2023 8.02% (14.41)
FY2022 22.4% 5.25
FY2021 17.2% 15.08
FY2020 2.10% (1.36)
FY2019 3.46% 0.05
FY2018 3.41% (0.81)
FY2017 4.22% (3.29)
FY2016 7.51% (1.88)

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 2.65% (0.27)
Mar 2026 2.92% (0.34)
Dec 2025 3.26% 0.21
Sep 2025 3.05% 0.67
42 more quarters

Against its own ten years

Low 2.10% High 22.4%
Ten-year median 4.22%
Current reading's percentile 18

Revenue growth against peers

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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