Business Segments · Net Income

Self-storage facilities — Net Income

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.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
Rolls up toNet Income

How to read this metric

An increase indicates growing profitability and effective management of the segment's total cost structure.

Detailed definition

This reflects the bottom-line earnings specifically attributable to the self-storage segment after all associated expens...

Peer comparison

Comparable to segment-level net earnings reported by other diversified real estate operators.

Metric ID: psa_segment_self_storage_facilities_net_income

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$401.67M$576.31M
CAGR+6.1%
Avg YoY Growth+6.5%
Median YoY Growth+2.3%
Current Streak2 quarters decline

Frequently Asked Questions

What is Public Storage's self-storage facilities — net income?
Public Storage (PSA) reported self-storage facilities — net income of $531.72M in Q1 2026.
How has Public Storage's self-storage facilities — net income changed year-over-year?
Public Storage's self-storage facilities — net income increased by 2.4% year-over-year, from $519.13M to $531.72M.
What is the long-term trend for Public Storage's self-storage facilities — net income?
Over 4 years (2021 to 2025), Public Storage's self-storage facilities — net income has grown at a 7.2% compound annual growth rate (CAGR), from $1.64B to $2.16B.
What does self-storage facilities — net income mean?
The final profit of the self-storage segment after all expenses and taxes.