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Public Storage PSA Self-storage facilities — Operating Income (Loss)

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Other financials

Income statement

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Revenue$1.2B+2.9%
Operating income$474.3M+2.2%
Net income$526.3M+29.1%
EPS (diluted)$2.71+32.8%

Balance sheet

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Cash & equivalents$134.6M-53.1%
Total debt$10.3B+9.6%
Total equity$9.2B-3.6%
Total assets$19.9B+1.2%

Cash flow

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Operating cash flow$694.8M-1.5%

Valuation

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Market cap$56.96B+9.8%
P/E29.9×+1.3×
P/S11.7×+0.8×

Profitability

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Gross margin72%
Operating margin51.6%
Net margin39.2%-2.6pp
FCF margin64.3%

Returns & leverage

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Return on equity20.3%+0.1pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Public Storage in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Public Storage’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Public Storage's self-storage facilities — operating income (loss)?
Public Storage (PSA) reported self-storage facilities — operating income (loss) of $822.45M in Q1 2026.
How has Public Storage's self-storage facilities — operating income (loss) changed year-over-year?
Public Storage's self-storage facilities — operating income (loss) increased by 2.6% year-over-year, from $801.84M to $822.45M.
What is the long-term trend for Public Storage's self-storage facilities — operating income (loss)?
Over 4 years (2021 to 2025), Public Storage's self-storage facilities — operating income (loss) has grown at a 8.9% compound annual growth rate (CAGR), from $2.35B to $3.31B.
What does self-storage facilities — operating income (loss) mean?
This metric measures the profitability of the core self-storage business segment after accounting for both direct and indirect operating expenses. It excludes interest, taxes, and corporate-level items to isolate the performance of the physical storage assets. It is a primary indicator of the health and operational success of the company's core real estate portfolio.