Public Storage Public Storage

Public Storage

PSA-PR

Rank in Stocks #390
Public Storage (PSA), an esteemed Real Estate Investment Trust (REIT) and a... Public Storage (PSA), an esteemed Real Estate Investment Trust (REIT) and a constituent of both the S&P 500 and FT Global 500 indices, concentrates its operations on the acquisition, development, ownership, and management of self-storage properties. By September 30, 2020, the company's substantial holdings included 2,504 self-storage facilities located across 38 U.S. states, collectively providing around 171 million net rentable square feet. Additionally, Public Storage held an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR), an entity that owned and operated 239 self-storage sites under the Shurgard brand in seven Western European countries, encompassing approximately 13 million net rentable square feet. Concurrently, it maintained an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB), which, as of the same reporting date, managed roughly 28 million rentable square feet of commercial properties. The company's main office is situated in Glendale, California.
Share Price
$14.18
Last synced: 2026-11-09
Market Cap
$63.18B
Change (1 day)
0.48%
Change (1 year)
-14.68%
Country

Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this

Category

Real Estate
Operating Margin for Public Storage (PSA-PR)
Operating Margin as of November 2026 TTM: 38.10%
According to Public Storage's latest financial reports, its current operating margin (TTM) is 38.10%. At the end of 2025 the company had an operating margin of 46.73%.
Operating Margin history for Public Storage from 2000 to 2026
Operating Margin at the end of each year
Year Operating Margin Change
2026 (TTM) 38.10% -18.47%
2025 46.73% -0.32%
2024 46.88% -8.67%
2023 51.33% -1.04%
2022 51.87% 3.86%
2021 49.94% 3.16%
2020 48.41% -5.78%
2019 51.38% 0.27%
2018 51.24% -3.92%
2017 53.33% -0.65%
2016 53.68% 3.77%
2015 51.73% 6.73%
2014 48.47% 0.14%
2013 48.40% 2.26%
2012 47.33% 7.72%
2011 43.94% 2.38%
2010 42.92% -4.18%
2009 44.79% 10.98%
2008 40.36% 78.19%
2007 22.65% -13.19%
2006 26.09% -40.45%
2005 43.81% 6.41%
2004 41.17% 4.73%
2003 39.31% -4.66%
2002 41.23% -11.10%
2001 46.38% -2.21%
2000 47.43% 0.00%
Operating Margin for similar companies or competitors
Company Operating Margin Operating Margin Difference Country
38.19% -99.00%
US
51.54% -98.65%
AU
51.53% -98.65%
MX
45.18% -98.81%
US
69.40% -98.18%
GB
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.

Questions about Public Storage's operating margin

What is Public Storage's operating margin?

Public Storage's operating margin is 38.10%, as of Nov 2026.

What was Public Storage's operating margin in 2025?

In 2025, Public Storage's operating margin was 46.73%, compared with 46.88% in 2024.

How has Public Storage's operating margin changed since 2020?

From 2020 to 2025, Public Storage's operating margin was highest in 2022 (51.87%) and lowest in 2025 (46.73%).

How does Public Storage's operating margin compare with similar companies?

Public Storage's operating margin (38.10%) is lower than that of all 5 similar companies listed above. The highest among them is SEGRO Plc, with 69.40%.