Public Storage (NYSE: PSA) net income
Public Storage reported a net profit of $1,784m for fiscal 2025, 13.9% less than in fiscal 2024 ($2,072m). Its net margin was 37.0%. Earnings per share were $9.04.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | $1,784m | −13.9% | 37.0% | $9.04 |
| 2024 | $2,072m | −3.6% | 44.1% | $10.68 |
| 2023 | $2,148m | −50.6% | 47.6% | $11.11 |
| 2022 | $4,349m | +122.7% | 104.0% | $23.64 |
| 2021 | $1,953m | +43.9% | 57.2% | $9.91 |
| 2020 | $1,357m | −10.7% | 46.6% | $6.29 |
| 2019 | $1,521m | −11.1% | 53.3% | $7.30 |
| 2018 | $1,711m | +18.6% | 62.0% | $8.56 |
| 2017 | $1,442m | −0.8% | 54.0% | $6.75 |
| 2016 | $1,454m | — | 56.8% | $6.84 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Public Storage
- How much did Public Storage earn in fiscal 2025?
- Public Storage reported a net profit of $1,784m for fiscal 2025. In fiscal 2024 it reported a net profit of $2,072m.
- What are the earnings per share of Public Storage?
- They were $9.04 in fiscal 2025, compared with $10.68 in fiscal 2024.
- What is the net margin of Public Storage?
- In fiscal 2025 its net profit was 37.0% of its revenue.
- What was the most profitable year for Public Storage?
- Of its last 10 fiscal years, fiscal 2022, with $4,349m.
- Where do the figures for Public Storage come from?
- From the annual report (Form 10-K) that Public Storage files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Public Storage files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Public Storage: the Public Storage page · annual accounts · revenue · insider transactions.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.