Superworth

Public Storage profit margin PSA

Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.

Net margin, 12 months
41.8%
Net margin on a year earlier
+3.7 pts
Peer median
15.6%

Over the twelve months to Jun 30, 2026, Public Storage kept 41.8% of its revenue as net profit.

Five years earlier its net margin was 49.3%.

The median for 10 real estate stocks of a similar size is 15.6%.

Profit margin over time

GrossNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginGross margin
FY202537.0%n/a
FY202444.1%n/a
FY202347.6%n/a
FY2022n/an/a
FY202157.2%n/a
FY202046.6%n/a
FY201953.4%n/a
FY201862.1%n/a
FY201754.0%73.5%
FY201656.8%73.9%
FY201555.1%73.3%
FY201452.6%n/a
FY201353.1%n/a
FY201251.0%n/a
FY201147.2%n/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY2641.8%+3.7 pts
Q1 FY2639.2%−2.6 pts
Q4 FY2537.0%−7.1 pts
Q3 FY2539.5%−1.0 pts
Q2 FY2538.1%−6.7 pts
Q1 FY2541.7%−5.0 pts
Q4 FY2444.1%−3.4 pts
Q3 FY2440.5%−7.2 pts
Q2 FY2444.9%−52.5 pts
Q1 FY2446.7%n/a
Q4 FY2347.6%n/a
Q3 FY2347.7%n/a

Against its peers

Companies in Real Estate nearest Public Storage's size, closest first, today.

CompanyProfit margin
PSAPublic Storage41.8%
ORealty Income20.9%
VMRKVivmark Residential28.0%
DLRDigital Realty Trust11.8%
VTRVentas4.1%
SPGSimon Propertyn/m
CCICrown Castle20.7%
CBRECBRE3.0%
AMTAmerican Tower31.1%
IRMIron Mountain5.5%
EQIXEquinix15.6%
Peer median15.6%

Where Public Storage ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Public Storage

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.