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Public Storage PSA Q4 2025 Annual earnings

Reported February 12, 2026 · After market close

Revenue$1.2BBeat by $2.1MDiluted EPS$2.60Beat by $0.11
Revenue estimate$1.2B
EPS estimate$2.49

Next report

Jul 29, 2026 (In 2 weeks)
Revenue estimate$1.2B
EPS estimate$2.53

Financials

Q4 2025

Income statement

See full
Revenue$1.2B+3.3%
Net income$507.1M-17.5%
EPS (diluted)$2.59-19.3%

Balance sheet

See full
Cash & equivalents$318.1M-28.9%
Total debt$10.3B+9.6%
Total equity$9.2B-4.8%
Total assets$20.2B+2.3%

Cash flow

See full
Operating cash flow$733.6M-4.6%

Valuation & ratios

Valuation

as of 12/31/25
See full
Market cap$45.53B-13.2%
Enterprise value$55.47B-9.6%
P/E25.5×+0.2×
P/S9.4×-1.7×

Profitability

See full
Net margin37%-7.1pp

Returns & leverage

See full
Return on equity18.8%-2.2pp
Debt / equity1.1×+0.1×

Versus estimates

Revenue

Q1 2026$1.2BBeat by $2.6M
Q4 2025$1.2BBeat by $2.1M
Q3 2025$1.2BBeat by $12.2MQ2 2025$1.2BMiss by $18.4MQ1 2025$1.2BBeat by $6.8MQ4 2024$1.2BMiss by $2.6M

Diluted EPS

Q1 2026$2.72Beat by $0.30
Q4 2025$2.60Beat by $0.11
Q3 2025$4.31Beat by $0.07Q2 2025$4.28Beat by $0.05Q1 2025$4.12Beat by $0.06Q4 2024$4.21Miss by $0.02

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Questions, answered.

When did Public Storage report Q4 2025 earnings?
Public Storage (PSA) reported Q4 2025 earnings on February 12, 2026 after market close.
What were Public Storage's Q4 2025 revenue and EPS?
Public Storage reported revenue of $1.2B and diluted EPS of $2.60 for Q4 2025.
Did Public Storage beat estimates in Q4 2025?
Revenue beat the consensus estimate of $1.2B by $2.1M. EPS beat the consensus estimate of $2.49 by $0.11.
How did Public Storage's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 3.3% from $1.2B a year earlier and diluted EPS declined 38.2% from $4.21.
Where can I find Public Storage's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001193125-26-048660) and the 10-K periodic report (0001628280-26-007696) directly on SEC EDGAR. The filing index links above go to sec.gov.