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NYSE · Real estatePublic Storage (PSA)
Public Storage brought in $4.9B of revenue over the twelve months to June 30, 2026, up 3.0% from a year earlier. Net income was $2B, a net margin of 41.8%. At June 30, 2026 it held $259.9M in cash against $10.2B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 29, 2026.
Key facts about Public Storage
- Net worth
- Public Storage has a market value (market cap) of $50.7B at the latest share price, and shareholders' equity of $9.2B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $4.8B (+2.7% year on year), with net income of $1.8B. Over the 12 months to June 30, 2026: revenue $4.9B, net income $2B.
- Cash flow
- In fiscal 2025 operations brought in $3.2B of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on July 29, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Public Storage's next report is expected around October 21, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Public Storage declared dividends of $12.00 per share in fiscal 2025, a yield of 4.16% at the current price.
What Public Storage does
Public Storage is a real estate investment trust that acquires, develops, owns, and operates self-storage facilities. The company rents storage units of varying sizes on a month-to-month basis to individual consumers and commercial businesses across the United States. Its shares trade on NYSE under the ticker PSA.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $4.8B | $1.8B | $9.01 | n/a |
| 2024 | $4.7B | $2.1B | $10.64 | n/a |
| 2023 | $4.5B | $2.1B | $11.06 | n/a |
| 2022 | $4.2B | $4.3B | $23.50 | n/a |
| 2021 | $3.4B | $2B | $9.87 | n/a |
| 2020 | $2.9B | $1.4B | $6.29 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where PSA ranks in Real estate
Dividends
Public Storage declared $12.00 per share in fiscal 2025. At the current price that is a yield of 4.16%.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $12.00 | n/a | n/a |
| 2024 | $12.00 | n/a | n/a |
| 2023 | $12.00 | n/a | n/a |
| 2022 | $21.15 | n/a | n/a |
| 2021 | $8.00 | n/a | n/a |
| 2020 | $8.00 | n/a | n/a |
Latest SEC filings
What Public Storage has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 16, 2026Material agreement8-KPublic Storage subsidiary PS Canada Finance ULC completed the offering of C$400 million of senior notes due 2033.
- September 14, 2026
- September 10, 2026
- September 9, 2026Form POSASR filing POSASR
- September 1, 2026
- August 12, 2026Passive stake (5% or more) SCHEDULE 13G
- August 10, 2026
- July 29, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 2.6% to $1.2B versus the same quarter last year; diluted EPS $2.55 versus $1.76.
- July 29, 2026
- July 22, 2026
Insider trades
What the people running Public Storage did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $463.1K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 6, 2026 | Spogli Ronald PDirector | Received as pay | 6 | $1.8K |
| October 6, 2026 | Havner Ronald L JrDirector | Received as pay | 4 | $1.3K |
| September 30, 2026 | Williams Paul SDirector | Received as pay | 52 | $14.7K |
| September 30, 2026 | Mitra ShankhDirector | Received as pay | 339 | $95.9K |
| August 13, 2026 | Vitan Nathaniel A.Chief Legal Officer | Sold | 1,414 | $463.1K |
| June 30, 2026 | Spogli Ronald PDirector | Received as pay | 6 | $1.8K |
| June 30, 2026 | Havner Ronald L JrDirector | Received as pay | 4 | $1.3K |
| June 30, 2026 | Williams Paul SDirector | Received as pay | 46 | $14.6K |
Who owns PSA
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 7.72% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 6.8% | April 30, 2026 |
| Capital International Investors13G, passive | 5.5% | August 12, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 1,122 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 17,263,289 | +518,703 |
| Vanguard Portfolio Management LLC | 13,608,702 | +66,452 |
| Vanguard Capital Management LLC | 10,322,146 | +56,049 |
| State Street Corp | 10,133,791 | -100,654 |
| Capital International Investors | 9,498,439 | +3,134,621 |
| Norges Bank | 4,341,196 | new |
| Geode Capital Management, LLC | 4,263,663 | +40,697 |
| Charles Schwab Investment Management Inc | 3,319,405 | +110,545 |
| Jpmorgan Chase & Co | 3,152,507 | -674,577 |
| Fmr LLC | 3,082,787 | -536,916 |
| Invesco Ltd. | 2,532,848 | +981,658 |
| Dimensional Fund Advisors LP | 2,281,126 | +586 |
| Northern Trust Corp | 2,281,133 | -27,921 |
| APG Asset Management US Inc. | 2,103,577 | +8,628 |
| Morgan Stanley | 2,020,731 | +194,553 |
| Legal & General Group Plc | 1,890,140 | +23,684 |
| Clearbridge Investments, LLC | 1,866,427 | -10,313 |
| Barrow Hanley Mewhinney & Strauss LLC | 1,755,849 | -126,936 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1,623,950 | -11,526 |
| Capital Research Global Investors | 1,332,781 | +125,176 |
Insiders
6 insiders reported holding 60,250 shares in total, about $17.4M at the last price.
| Holder | Shares |
|---|---|
| Poladian Avedick BaruyrDirector | 26,1632,000 held indirectly |
| Spogli Ronald PDirector | 12,840 |
| Mitra ShankhDirector | 9,668 |
| Havner Ronald L JrDirector | 6,735 |
| Reyes JohnDirector | 3,314 |
| Williams Paul SDirector | 1,530 |
Questions about PSA
What does Public Storage do?
Public Storage is a real estate investment trust that acquires, develops, owns, and operates self-storage facilities. The company rents storage units of varying sizes on a month-to-month basis to individual consumers and commercial businesses across the United States. Its shares trade on NYSE under the ticker PSA.
What is Public Storage's net worth?
Public Storage has a market value (market cap) of $50.7B at the latest share price, and shareholders' equity of $9.2B on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Public Storage profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $2B on revenue of $4.9B, a net margin of 41.8%.
How much revenue does Public Storage make?
Over the twelve months to June 30, 2026 Public Storage reported revenue of $4.9B. That is 3.0% more than a year earlier.
When did Public Storage last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 29, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from October 7, 2026.
When is Public Storage's next earnings report?
Public Storage's next report is expected around October 21, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Public Storage pay a dividend?
Yes. Public Storage declared dividends of $12.00 per share in fiscal 2025, a yield of 4.16% at the current price.
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Where the numbers come from
Financial figures are the values Public Storage tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.