Public Storage financials
$285.58+0.28%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $1.22B | $1.22B | $1.22B | $1.20B | $1.18B | $1.18B | $1.19B | $1.17B | $1.16B | $1.16B | $1.14B |
| Gross profit | $888.8M | $877.8M | $886.5M | $893.2M | $883.1M | $851.3M | $866.7M | $866.1M | $872.2M | $832.7M | $869.0M | $854.9M |
| Gross margin | 72.1% | 72.1% | 72.9% | 73.0% | 73.5% | 72.0% | 73.6% | 72.9% | 74.3% | 72.0% | 74.9% | 74.7% |
| Operating income | $551.5M | $554.3M | $557.2M | $571.2M | $571.6M | $536.0M | $546.9M | $557.0M | $559.3M | $522.5M | $545.6M | $590.3M |
| Net income | $450.3M | $476.8M | $457.0M | $461.4M | $309.0M | $358.2M | $564.4M | $380.7M | $468.4M | $459.2M | $389.7M | $563.2M |
| Net margin | 36.5% | 39.2% | 37.6% | 37.7% | 25.7% | 30.3% | 47.9% | 32.1% | 39.9% | 39.7% | 33.6% | 49.2% |
| Diluted EPS | $2.55 | $2.71 | $2.60 | $2.62 | $1.76 | $2.04 | $3.21 | $2.16 | $2.66 | $2.60 | $2.21 | $3.20 |
| EBITDA | $839.2M | $845.0M | $852.8M | $861.6M | $854.8M | $818.7M | $827.8M | $837.3M | $842.7M | $807.7M | $545.6M | $829.1M |
| Operating cash flow | $868.4M | $694.8M | $733.6M | $875.1M | $872.7M | $705.1M | $768.6M | $798.8M | $895.3M | $665.6M | $791.7M | $875.7M |
| Free cash flow | $854.9M | $567.6M | $560.8M | $704.3M | $854.1M | $580.6M | $585.8M | $606.2M | $712.9M | $476.6M | $538.2M | $663.3M |
| Diluted shares | 176.5M | 175.9M | 175.9M | 175.9M | 175.9M | 175.9M | 175.9M | 175.9M | 176.0M | 176.4M | 176.0M | 176.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $259.9M | $134.6M | $318.1M | $296.5M | $1.10B | $287.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $10.18B | $10.03B | $10.25B | $10.04B | $10.44B | $9.42B |
| Total assets | $20.12B | $19.85B | $20.21B | $20.11B | $20.54B | $19.62B |
| Total liabilities | $10.83B | $10.53B | $10.87B | $10.71B | $11.07B | $9.95B |
| Shareholders' equity | $9.29B | $9.32B | $9.34B | $9.41B | $9.48B | $9.67B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology