Public Storage (PSA) — financial distillation
Annual history (10-K)
Quarterly history (10-Q)
Two headline lines are shown to start. Click any item in a legend to add or remove it — every figure on the chart is one the table below also carries, for the period it names.
In brief, from the full filed history
- Revenue grew from $1.79B (period ending 2007-12-31) to $4.82B (period ending 2025-12-31) — a 5.7% annual pace across 18 year(s) of filed history.
- Net margin expanded from 25.6% to 37.0% over that same span.
- Across 54 tracked quarters, the strongest was $1.23B (quarter ending 2026-06-30) and the weakest was $398.1M (quarter ending 2010-03-31).
Annual — most recent 10-K
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $4.82B | 2025-12-31 | 10-K | 0001628280-26-007696 |
| Gross profit | $2.01B | 2018-12-31 | 10-K | 0001393311-19-000004 |
| Operating income | $1.42B | 2017-12-31 | 10-K | 0001393311-18-000004 |
| Net income | $1.78B | 2025-12-31 | 10-K | 0001628280-26-007696 |
| Diluted EPS | $9.01 | 2025-12-31 | 10-K | 0001628280-26-007696 |
| Total assets | $20.21B | 2025-12-31 | 10-K | 0001628280-26-007696 |
| Total liabilities | $10.87B | 2025-12-31 | 10-K | 0001628280-26-007696 |
| Cash & equivalents | $318.1M | 2025-12-31 | 10-K | 0001628280-26-007696 |
| Operating cash flow | $3.19B | 2025-12-31 | 10-K | 0001628280-26-007696 |
Quarterly — most recent 10-Q
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $1.23B | 2026-06-30 | 10-Q | 0001628280-26-050612 |
| Gross profit | $503.2M | 2019-06-30 | 10-Q | 0001393311-19-000024 |
| Operating income | $466.7M | 2026-06-30 | 10-Q | 0001628280-26-050612 |
| Net income | $500.0M | 2026-06-30 | 10-Q | 0001628280-26-050612 |
| Diluted EPS | $2.55 | 2026-06-30 | 10-Q | 0001628280-26-050612 |
| Total assets | $20.12B | 2026-06-30 | 10-Q | 0001628280-26-050612 |
| Total liabilities | $10.83B | 2026-06-30 | 10-Q | 0001628280-26-050612 |
| Cash & equivalents | $259.9M | 2026-06-30 | 10-Q | 0001628280-26-050612 |
| Operating cash flow | $694.8M | 2026-03-31 | 10-Q | 0001628280-26-027487 |
Reading
The figures above are taken directly from filings with the U.S. Securities and Exchange Commission. The reading below was generated by a local language model from only those figures; it introduces no numbers of its own. It is not investment advice.
Public Storage’s business scale is substantial, with over $4.8 billion in annual revenue as of 2025, reflecting a steady growth trajectory from $1.79 billion in 2007. The company’s multi-year revenue trend shows an average annual growth rate of 5.7% over 18 years, demonstrating consistent expansion despite economic fluctuations. Notably, net income has also grown, albeit with some volatility, peaking at $4.35 billion in 2022 before declining to $1.78 billion in 2025.
The company’s operating efficiency is evident in its expanding net margin, which has improved from 25.6% in 2007 to 37.0% in 2025. This growth indicates effective cost management and pricing strategies. However, quarterly revenue fluctuations are visible, with the highest quarterly revenue of $1.23 billion recorded in Q2 2026 and the lowest at $398.1 million in Q1 2010.
In upcoming filings, investors should monitor the company’s ability to sustain its growth rate amidst potential market saturation and competition. Additionally, tracking changes in net income margins will be crucial, as any significant deviation from the established trend could signal shifts in operational efficiency or external pressures affecting the self-storage industry.
Source: SEC EDGAR company facts for CIK 0001393311 · filings index