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Public Storage PSA Shares (Diluted)

Discontinued — last reported Q2 '26

Shares (Diluted) at other companies

U-Haul Holding logo
U-Haul HoldingUHAL
176.5M0.0%
Global Self Storage logo
Global Self StorageSELF
11.3M+0.6%
Extra Space Storage logo
Extra Space StorageEXR
220.4M+4.0%
CubeSmart logo
CubeSmartCUBE
228.2M-0.4%
Janus International Group logo
Janus International GroupJBI
138.8M-1.1%
Prologis logo
PrologisPLD
956.6M+0.3%

Other financials

Income statement

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Revenue$1.2B+2.6%
Operating income$466.7M-6.7%
Net income$500.0M+39.5%
EPS (diluted)$2.55+44.9%

Balance sheet

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Cash & equivalents$259.9M-76.5%
Total debt$10.3B+9.6%
Total equity$9.2B-1.9%
Total assets$20.1B-2.1%

Cash flow

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Operating cash flow$868.4M-0.5%

Valuation

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Market cap$60.97B+23.8%
P/E30×+2.6×
P/S12.4×+2.1×

Profitability

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Gross margin72%
Operating margin51.6%
Net margin41.8%+3.7pp
FCF margin64.3%

Returns & leverage

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Return on equity22%+3.0pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Public Storage in its filing.

Tagged under the XBRL concept us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding.

The source filing: Public Storage’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050612
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Preferred shareholders(48,678)(48,673)(97,356)(97,351)
Restricted share units and unvested LTIP units(1,024)(778)(1,831)(1,661)
Net income allocable to common shareholders$450,258$308,968$927,046$667,198
Net income per common share:
Basic$2.56$1.76$5.28$3.80
Diluted(1)$2.55$1.76$5.26$3.79
Basic weighted average common shares outstanding175,561175,442175,540175,431
Diluted weighted average common shares outstanding176,512175,921176,455175,932

Item 6. Exhibits [47](#i88f1d3d6e1874643adc9b80450b5f188_433)

FAQ

What is Public Storage's shares (diluted)?
Public Storage (PSA) reported shares (diluted) of 176.5M in Q2 2026.
How has Public Storage's shares (diluted) changed year-over-year?
Public Storage's shares (diluted) increased by 0.3% year-over-year, from 175.9M to 176.5M.
What is the long-term trend for Public Storage's shares (diluted)?
Over 4 years (2021 to 2025), Public Storage's shares (diluted) has grown at a 0.1% compound annual growth rate (CAGR), from 701.8M to 703.6M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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