Non-Current Liabilities
Long-Term Debt
Public Storage Long-Term Debt increased by 2.1% to $10.25B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.6%, from $9.35B to $10.25B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt shows an upward trend with a 32.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase indicates higher financial leverage, which can amplify returns on equity but also increases interest expense and financial risk.
Detailed definition
Loans and financial obligations with a maturity period exceeding one year, typically consisting of corporate bonds and n...
Peer comparison
Capital-intensive firms or those with aggressive share buyback programs often carry higher long-term debt than asset-light competitors.
Metric ID:
long_term_debtHistorical 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 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.00B | $5.77B | $7.48B | $7.44B | $7.34B | $6.74B | $6.87B | $6.90B | $6.89B | $9.03B | $9.10B | $9.07B | $9.40B | $9.47B | $9.35B | $9.42B | $10.44B | $10.04B | $10.25B |
| QoQ Change | — | +15.6% | +29.5% | -0.4% | -1.4% | -8.2% | +1.9% | +0.4% | -0.1% | +31.0% | +0.8% | -0.4% | +3.7% | +0.8% | -1.3% | +0.8% | +10.8% | -3.8% | +2.1% |
| YoY Change | — | — | — | — | +46.9% | +16.8% | -8.1% | -7.3% | -6.1% | +34.0% | +32.5% | +31.4% | +36.4% | +4.9% | +2.7% | +3.9% | +11.1% | +6.0% | +9.6% |
Range$5.00B – $10.44B
CAGR+17.3%
Avg YoY Growth+14.3%
Median YoY Growth+9.6%
Long-Term Debt at Other Companies
Frequently Asked Questions
- 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?
- Money the company has borrowed that doesn't need to be paid back for at least a year.