EBITDA for Public Storage (PSA)
According to Public Storage's latest reported financial statements, the company's current EBITDA (TTM) is $3.22B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$3.22B
YoY change
-7.4%
5Y CAGR
+10.5%
Peak year (2022)
$5.41B
Cumulative EBITDA
$47.46B
EBITDA history chart for Public Storage (PSA) from 1983 to 2025
EBITDA history table for Public Storage (PSA) from 1983 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $3.25B | -7.4% | ||
| 2024 | $3.51B | +4.9% | ||
| 2023 | $3.34B | -38.2% | ||
| 2022 | $5.41B | +94.7% | ||
| 2021 | $2.78B | +40.9% | ||
| 2020 | $1.97B | -5.4% | ||
| 2019 | $2.08B | -6.7% | ||
| 2018 | $2.23B | +16.6% | ||
| 2017 | $1.92B | +0.9% | ||
| 2016 | $1.90B | +8.8% | ||
| 2015 | $1.74B | +9.4% | ||
| 2014 | $1.59B | +9.8% | ||
| 2013 | $1.45B | +11.0% | ||
| 2012 | $1.31B | +7.6% | ||
| 2011 | $1.22B | +13.3% | ||
| 2010 | $1.07B | -8.2% | ||
| 2009 | $1.17B | +5.5% | ||
| 2008 | $1.11B | +1.0% | ||
| 2007 | $1.10B | +37.5% | ||
| 2006 | $797.91M | +20.8% | ||
| 2005 | $660.47M | +12.4% | ||
| 2004 | $587.46M | +9.8% | ||
| 2003 | $534.89M | +1.8% | ||
| 2002 | $525.37M | +6.0% | ||
| 2001 | $495.69M | -43.0% | ||
| 2000 | $869.33M | +100.7% | ||
| 1999 | $433.20M | +202.1% | ||
| 1998 | $143.41M | -82.8% | ||
| 1997 | $831.70M | +43.2% | ||
| 1996 | $580.90M | +358.2% | ||
| 1995 | $126.79M | +46.1% | ||
| 1994 | $86.77M | -58.6% | ||
| 1993 | $209.60M | +66.2% | ||
| 1992 | $126.10M | +48.9% | ||
| 1991 | $84.70M | +66.7% | ||
| 1990 | $50.80M | +29.9% | ||
| 1989 | $39.10M | -1.3% | ||
| 1988 | $39.60M | +5.3% | ||
| 1987 | $37.60M | +26.2% | ||
| 1986 | $29.80M | +18.7% | ||
| 1985 | $25.10M | +470.5% | ||
| 1984 | $4.40M | +57.1% | ||
| 1983 | $2.80M | — |
EBITDA values are taken from Public Storage's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Public Storage (PSA) most recent annual EBITDA stands at $3.25B (2025) – declined 7.4% year-over-year.
Public Storage EBITDA compound annual growth for the 2020–2025 (5 years) window is +10.5%, with the latest reading among the more recent periods of the dataset.
Between 2022 and 2025, Public Storage EBITDA plunged 39.9%, falling from $5.41B to $3.25B.
Across the available history, EBITDA reached its high of $5.41B in 2022 and its low of $2.80M in 1983.
Among 8 Real Estate peers, Public Storage (PSA) ranks 7th; the peer median for EBITDA is $3.83B.
Public Storage EBITDA by Year
Public Storage EBITDA 2025: $3.25B
Public Storage EBITDA in 2025 was $3.25B, declined 7.4% below 2024.
Public Storage EBITDA 2024: $3.51B
Public Storage EBITDA in 2024 was $3.51B, edged up 4.9% from 2023.
Public Storage EBITDA 2023: $3.34B
Public Storage EBITDA in 2023 was $3.34B, plunged 38.2% below 2022.
Public Storage EBITDA 2022: $5.41B
Public Storage EBITDA in 2022 was $5.41B, surged 94.7% from 2021. This figure represents the highest annual value in the available history.
Public Storage EBITDA 2021: $2.78B
Public Storage EBITDA in 2021 was $2.78B.
See more financial history for Public Storage (PSA).
Sector peers — EBITDA
Companies in the same sector as Public Storage, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $7.86B | Real Estate |
| Prologis, Inc. (PLD) | $7.20B | Real Estate |
| American Tower Corporation (AMT) | $6.12B | Real Estate |
| Equinix, Inc. (EQIX) | $4.07B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.59B | Real Estate |
| Realty Income Corporation (O) | $3.55B | Real Estate |
| CBRE Group, Inc. (CBRE) | $2.58B | Real Estate |
| Welltower Inc. (WELL) | $2.31B | Real Estate |
Frequently asked questions
What is Public Storage's EBITDA?
- Latest reported EBITDA for Public Storage (PSA) is $3.22B (period ending March 31, 2026).
How has Public Storage EBITDA changed year-over-year?
- Public Storage (PSA) EBITDA changed -7.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Public Storage EBITDA?
- Public Storage (PSA) EBITDA compound annual growth rate is +10.5% over the most recent 5 years available.
When did Public Storage EBITDA hit its highest annual value?
- Public Storage EBITDA reached its highest annual value of $5.41B in 2022.
What was Public Storage EBITDA in 2024?
- Public Storage (PSA) EBITDA in 2024 was $3.51B.
What was Public Storage EBITDA in 2025?
- Public Storage (PSA) EBITDA in 2025 was $3.25B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
PSA Overview
Company profile, financial tools, and key metrics
PSA Revenue Counter
Earns $152.97 every second. See per minute, hour, and day.
PSA Earnings Counter
Earns $56.58 per second net profit. See per minute, hour, and day.
PSA Economic Scale
Exceeds Liberia's GDP. Compare with world economies.
PSA What If Invested
What if you had invested $1,000? See historical returns from any date.
PSA How It Makes Money
Discover visual breakdown of $4.82B in revenue — where it comes from and where it goes.
PSA Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
PSA Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
PSA Daily Price Character
Steady · 45.5% historical win rate (green days). Streaks & record days.
PSA Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
PSA Dividend Profile
Yield: 4.08%. Safety: 3/8. See full history.
PSA Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
PSA Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.