Public Storage (PSA) financial statements
- FY2025 revenue
- $4.8B▲ +2.7%
- FY2025 net income
- $1.8B▼ −13.9%
- FY2025 diluted EPS
- $9.01▼ −15.3%
Public Storage income statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Revenue | 4,824 | 4,696 | 4,518 |
| Pretax income | 1,790 | 2,089 | 2,171 |
| Net income | 1,784 | 2,072 | 2,148 |
| Diluted earnings per share | 9.01 | 10.64 | 11.06 |
Public Storage balance sheet
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Cash and cash equivalents | 318 | 447 | 370 |
| Total assets | 20,209 | 19,755 | 19,809 |
| Total liabilities | 10,867 | 9,941 | 9,702 |
| Total equity | 9,342 | 9,814 | 10,107 |
Public Storage cash flow statement
| USD millions | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Period ended | 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 |
| Operating cash flow | 3,186 | 3,128 | 3,247 |
| Share repurchases | 0 | -200 | 0 |
Quarterly highlights
| USD millions | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Period ended | 30 Sep 2026 | 30 Jun 2026 | 31 Mar 2026 | 31 Dec 2025 |
| Revenue (derived) | 1,366 | 1,233 | 1,218 | 1,216 |
| Operating income | 317 | 467 | 474 | n/a |
| Net income (derived) | 367 | 500 | 526 | 507 |
| Diluted earnings per share | 1.69 | 2.55 | 2.71 | n/a |
| Operating cash flow (derived) | 709 | 868 | 695 | 734 |
| Total assets | 28,998 | 20,118 | 19,850 | 20,209 |
Public Storage major shareholders
| Holder | Share of class | Shares | Filed |
|---|---|---|---|
| Vanguard Portfolio Management | 7.7% | 13,564,333 | 29 April 2026 |
| Vanguard Capital Management | 6.8% | 11,940,040 | 30 April 2026 |
| Capital International Investors | 5.5% | 9,703,619 | 12 August 2026 |
Public Storage 10-K and SEC filings
| Filed | Form | Type | Description |
|---|---|---|---|
| 30 October 2026 | 8-K | Current report | Current report |
| 26 October 2026 | 10-Q | Quarterly report | Quarterly report |
| 26 October 2026 | 8-K | Current report | Current report |
| 16 September 2026 | 8-K | Current report | Current report |
| 14 September 2026 | 8-K | Current report | Current report |
| 10 September 2026 | 8-K | Current report | Current report |
| 1 September 2026 | 8-K | Current report | Current report |
| 10 August 2026 | 8-K | Current report | Current report |
Common questions
What was Public Storage's revenue in fiscal 2025?
Public Storage reported $4.8 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 2.7% from fiscal 2024.
What was Public Storage's net income in fiscal 2025?
Public Storage reported net income of $1.8 billion for fiscal 2025, the year ended 31 December 2025, down 13.9% from fiscal 2024. Diluted earnings per share were $9.01.
What were Public Storage's total assets at the end of fiscal 2025?
Public Storage reported total assets of $20.2 billion at the end of fiscal 2025, the year ended 31 December 2025.
Who reported holding 5% or more of Public Storage?
Vanguard Portfolio Management reported holding 7.7% of a class of Public Storage shares in a filing dated 29 April 2026.
How much Public Storage history does each plan include?
Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.
Get these figures through the API
5,000 free requests every month. No card needed.