Other Income & Expense
Interest Expense
Public Storage Interest Expense decreased by 1.4% to $80.02M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $72.01M to $80.02M. Over 4 years (FY 2021 to FY 2025), Interest Expense shows an upward trend with a 35.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOther Income & Expense
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Increasing interest expense may signal higher debt levels or rising interest rates, which can reduce net profitability.
Detailed definition
Interest expense represents the cost incurred by a company for borrowed funds, such as loans, bonds, or other debt instr...
Peer comparison
Highly dependent on the company's capital structure; peers with lower debt-to-equity ratios will show lower interest expenses.
Metric ID:
interest_expenseHistorical Data
20 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $21.99M | $23.74M | $29.79M | $33.12M | $32.94M | $34.11M | $36.14M | $36.10M | $38.08M | $58.35M | $68.60M | $67.78M | $73.24M | $74.25M | $72.14M | $72.01M | $71.61M | $79.69M | $81.19M | $80.02M |
| QoQ Change | — | +7.9% | +25.5% | +11.2% | -0.6% | +3.6% | +5.9% | -0.1% | +5.5% | +53.2% | +17.6% | -1.2% | +8.1% | +1.4% | -2.9% | -0.2% | -0.6% | +11.3% | +1.9% | -1.4% |
| YoY Change | — | — | — | — | +49.8% | +43.7% | +21.3% | +9.0% | +15.6% | +71.0% | +89.8% | +87.7% | +92.3% | +27.3% | +5.1% | +6.2% | -2.2% | +7.3% | +12.5% | +11.1% |
Range$21.99M – $81.19M
CAGR+31.2%
Avg YoY Growth+34.2%
Median YoY Growth+18.5%
Interest Expense at Other Companies
Frequently Asked Questions
- What is Public Storage's interest expense?
- Public Storage (PSA) reported interest expense of $80.02M in Q1 2026.
- How has Public Storage's interest expense changed year-over-year?
- Public Storage's interest expense increased by 11.1% year-over-year, from $72.01M to $80.02M.
- What is the long-term trend for Public Storage's interest expense?
- Over 4 years (2021 to 2025), Public Storage's interest expense has grown at a 35.3% compound annual growth rate (CAGR), from $90.77M to $304.50M.
- What does interest expense mean?
- The cost of borrowing money, paid as interest on debt.