Tax
Income Tax
Public Storage Income Tax increased by 110.7% to $1.57M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.0%, from $1.43M to $1.57M. Over 3 years (FY 2021 to FY 2025), Income Tax shows a downward trend with a -16.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Changes may reflect shifts in corporate tax law, geographic earnings mix, or the expiration of tax incentives.
Detailed definition
The total amount of income tax a company expects to pay to federal, state, and foreign governments based on its earnings...
Peer comparison
Global companies often have complex tax expenses due to earnings in multiple international jurisdictions.
Metric ID:
income_tax_expenseHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.09M | $3.09M | $3.09M | $3.58M | $3.58M | $3.58M | $3.58M | $3.11M | $2.52M | $2.83M | $2.36M | $1.48M | $2.08M | $2.49M | $1.43M | $3.24M | $2.83M | -$14.73M | $1.57M |
| QoQ Change | — | +0.0% | +0.0% | +15.9% | +0.0% | +0.0% | +0.0% | -13.3% | -18.9% | +12.5% | -16.6% | -37.4% | +40.3% | +19.9% | -42.7% | +127.2% | -12.6% | -620.1% | +110.7% |
| YoY Change | — | — | — | — | +15.9% | +15.9% | +15.9% | -13.3% | -29.7% | -20.9% | -34.0% | -52.4% | -17.6% | -12.2% | -3.6% | +56.1% | +13.8% | — | +10.0% |
Range-$14.73M – $3.58M
CAGR-14.0%
Avg YoY Growth-4.0%
Median YoY Growth-7.9%
Income Tax at Other Companies
Frequently Asked Questions
- What is Public Storage's income tax?
- Public Storage (PSA) reported income tax of $1.57M in Q1 2026.
- How has Public Storage's income tax changed year-over-year?
- Public Storage's income tax increased by 10.0% year-over-year, from $1.43M to $1.57M.
- What is the long-term trend for Public Storage's income tax?
- Over 3 years (2021 to 2025), Public Storage's income tax has grown at a -16.4% compound annual growth rate (CAGR), from $12.37M to -$7.23M.
- What does income tax mean?
- The amount of money a company sets aside to pay its corporate income taxes.