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Public Storage PSA Long-Term Debt

Discontinued — last reported Q4 '25

Long-Term Debt at other companies

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STR
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$143.76M-30.8%

Other financials

Income statement

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Revenue$1.2B+2.6%
Operating income$466.7M-6.7%
Net income$500.0M+39.5%
EPS (diluted)$2.55+44.9%

Balance sheet

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Cash & equivalents$259.9M-76.5%
Total debt$10.3B+9.6%
Total equity$9.2B-1.9%
Total assets$20.1B-2.1%

Cash flow

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Operating cash flow$868.4M-0.5%

Valuation

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Market cap$60.97B+23.3%
P/E30×+2.5×
P/S12.4×+2.1×

Profitability

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Gross margin72%
Operating margin51.6%
Net margin41.8%+3.7pp
FCF margin64.3%

Returns & leverage

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Return on equity22%+3.0pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Public Storage in its filing.

Tagged under the XBRL concept us-gaap:LongTermDebt.

The source filing: Public Storage’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 4:20 PM EST
Fiscal year
FY2025
Accession
0001628280-26-007696
Line itemDecember 31,2025December 31,2024
Other assets303,644272,212
Total assets$20,208,604$19,754,934
LIABILITIES AND EQUITY
Notes payable$10,253,881$9,353,034
Accrued and other liabilities612,889588,248
Total liabilities10,866,7709,941,282
Commitments and contingencies (Note 16)
Equity:

ITEM 15. Exhibits and Financial Statement Schedules

FAQ

What is Public Storage's long-term debt?
Public Storage (PSA) reported long-term debt of $10.25B in Q4 2025.
How has Public Storage's long-term debt changed year-over-year?
Public Storage's long-term debt increased by 9.6% year-over-year, from $9.35B to $10.25B.
What is the long-term trend for Public Storage's long-term debt?
Over 5 years (2020 to 2025), Public Storage's long-term debt has grown at a 32.1% compound annual growth rate (CAGR), from $2.54B to $10.25B.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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