What are Public Storage's profit margins?

Public Storage (PSA) runs a 72.0% gross margin and a 51.6% operating margin, with a 39.2% net margin.

Where do Public Storage's ratios come from?

Every ratio is computed from Public Storage's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Public Storage PSA Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Net margin	39.2%-2.6pp	37%-7.1pp	39.5%-1.0pp	38.1%-6.7pp	41.7%-5.0pp
Returns
Return on equity	20.3%+0.1pp	18.8%-2.2pp	20%+0.8pp	19%-2.1pp	20.2%-1.2pp
Efficiency
Asset turnover	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Per Share
Book value per share	$52.43-3.6%	$52.58-4.7%	$52.94-3.1%	$53.28-3.4%	$54.37-3.6%
Valuation
Market capitalization	$47.55B-9.4%	$45.53B-13.2%	$50.68B-20.4%	$51.86B+2.7%	$52.5B+3.0%
Price / earnings	25×-1.6×	25.5×+0.2×	26.8×-6.8×	28.6×+4.4×	26.6×+2.8×
Price / sales	9.8×-1.3×	9.4×-1.7×	10.6×-3.0×	10.9×0.0×	11.1×0.0×
Price / book	5.2×-0.3×	4.9×-0.5×	5.4×-1.2×	5.5×+0.3×	5.5×+0.4×

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Questions, answered.

What are Public Storage's profit margins?: Public Storage (PSA) runs a 72.0% gross margin and a 51.6% operating margin, with a 39.2% net margin.
Where do Public Storage's ratios come from?: Every ratio is computed from Public Storage's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.