Public Storage Self-storage facilities — Net Income decreased by 0.9% to $531.72M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $519.13M to $531.72M. Over 4 years (FY 2021 to FY 2025), Self-storage facilities — Net Income shows an upward trend with a 7.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates growing profitability and effective management of the segment's total cost structure.
This reflects the bottom-line earnings specifically attributable to the self-storage segment after all associated expens...
Comparable to segment-level net earnings reported by other diversified real estate operators.
psa_segment_self_storage_facilities_net_income| 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 | $401.67M | $434.96M | $444.10M | $449.39M | $516.59M | $551.13M | $560.56M | $541.92M | $576.31M | $572.19M | $537.19M | $503.43M | $542.89M | $542.35M | $540.84M | $519.13M | $550.73M | $554.01M | $536.67M | $531.72M |
| QoQ Change | — | +8.3% | +2.1% | +1.2% | +15.0% | +6.7% | +1.7% | -3.3% | +6.3% | -0.7% | -6.1% | -6.3% | +7.8% | -0.1% | -0.3% | -4.0% | +6.1% | +0.6% | -3.1% | -0.9% |
| YoY Change | — | — | — | — | +28.6% | +26.7% | +26.2% | +20.6% | +11.6% | +3.8% | -4.2% | -7.1% | -5.8% | -5.2% | +0.7% | +3.1% | +1.4% | +2.1% | -0.8% | +2.4% |