TTM
$2.95B
YoY change
-65.0%
5Y CAGR
-10.1%
Peak year (2024)
$3.44B
Cumulative gross profit
$42.62B
Gross Profit history chart for Public Storage (PSA) from 1983 to 2025
Latest: $1.20B
Gross Profit growth chart for Public Storage (PSA) from 1983 to 2025
Latest: -65.0%
Gross Profit history table for Public Storage (PSA) from 1983 to 2025
| 2025 | $1.20B | -65.0% | −$2.23B | ||
| 2024 | $3.44B | +2.0% | +$67.87M | ||
| 2023 | $3.37B | +7.7% | +$240.49M | ||
| 2022 | $3.13B | +25.4% | +$634.03M | ||
| 2021 | $2.50B | +21.9% | +$447.62M | ||
| 2020 | $2.05B | +0.3% | +$5.65M | ||
| 2019 | $2.04B | +2.0% | +$39.52M | ||
| 2018 | $2.00B | +2.1% | +$41.89M | ||
| 2017 | $1.96B | +3.7% | +$69.08M | ||
| 2016 | $1.89B | +8.3% | +$145.27M | ||
| 2015 | $1.75B | +11.7% | +$182.22M | ||
| 2014 | $1.56B | +11.3% | +$158.79M | ||
| 2013 | $1.41B | +9.2% | +$118.58M | ||
| 2012 | $1.29B | +9.5% | +$111.22M | ||
| 2011 | $1.18B | +8.3% | +$90.01M | ||
| 2010 | $1.09B | -1.5% | −$16.64M | ||
| 2009 | $1.10B | -5.5% | −$64.20M | ||
| 2008 | $1.17B | +0.8% | +$9.45M | ||
| 2007 | $1.16B | +31.1% | +$274.18M | ||
| 2006 | $882.57M | +29.5% | +$200.99M | ||
| 2005 | $681.58M | +14.3% | +$85.37M | ||
| 2004 | $596.21M | +8.0% | +$44.20M | ||
| 2003 | $552.02M | +2.0% | +$11.02M | ||
| 2002 | $540.99M | +4.7% | +$24.26M | ||
| 2001 | $516.73M | +10.3% | +$48.46M | ||
| 2000 | $468.27M | +9.6% | +$41.12M | ||
| 1999 | $427.15M | +22.2% | +$77.50M | ||
| 1998 | $349.65M | -25.5% | −$119.40M | ||
| 1997 | $469.05M | +38.5% | +$130.50M | ||
| 1996 | $338.55M | +141.9% | +$198.60M | ||
| 1995 | $139.95M | +48.3% | +$45.57M | ||
| 1994 | $94.38M | -17.7% | −$20.32M | ||
| 1993 | $114.70M | +63.9% | +$44.70M | ||
| 1992 | $70.00M | +40.0% | +$20.00M | ||
| 1991 | $50.00M | +44.9% | +$15.50M | ||
| 1990 | $34.50M | +16.2% | +$4.80M | ||
| 1989 | $29.70M | -0.3% | −$100.00K | ||
| 1988 | $29.80M | +4.9% | +$1.40M | ||
| 1987 | $28.40M | +22.4% | +$5.20M | ||
| 1986 | $23.20M | +20.2% | +$3.90M | ||
| 1985 | $19.30M | +87.4% | +$9.00M | ||
| 1984 | $10.30M | +56.1% | +$3.70M | ||
| 1983 | $6.60M | — | — |
- 2025$1.20B-65.0%
- 2024$3.44B+2.0%
- 2023$3.37B+7.7%
- 2022$3.13B+25.4%
- 2021$2.50B+21.9%
- 2020$2.05B+0.3%
- 2019$2.04B+2.0%
- 2018$2.00B+2.1%
- 2017$1.96B+3.7%
- 2016$1.89B+8.3%
- 2015$1.75B+11.7%
- 2014$1.56B+11.3%
- 2013$1.41B+9.2%
- 2012$1.29B+9.5%
- 2011$1.18B+8.3%
- 2010$1.09B-1.5%
- 2009$1.10B-5.5%
- 2008$1.17B+0.8%
- 2007$1.16B+31.1%
- 2006$882.57M+29.5%
- 2005$681.58M+14.3%
- 2004$596.21M+8.0%
- 2003$552.02M+2.0%
- 2002$540.99M+4.7%
- 2001$516.73M+10.3%
- 2000$468.27M+9.6%
- 1999$427.15M+22.2%
- 1998$349.65M-25.5%
- 1997$469.05M+38.5%
- 1996$338.55M+141.9%
- 1995$139.95M+48.3%
- 1994$94.38M-17.7%
- 1993$114.70M+63.9%
- 1992$70.00M+40.0%
- 1991$50.00M+44.9%
- 1990$34.50M+16.2%
- 1989$29.70M-0.3%
- 1988$29.80M+4.9%
- 1987$28.40M+22.4%
- 1986$23.20M+20.2%
- 1985$19.30M+87.4%
- 1984$10.30M+56.1%
- 1983$6.60M—
Gross Profit values are taken from Public Storage's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Public Storage (PSA)
According to Public Storage's latest reported financial statements, the company's current gross profit (TTM) is $2.95B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual gross profit for Public Storage (PSA) came in at $1.20B – plunged 65.0% year-over-year.
Public Storage gross profit compound annual growth for the 2020–2025 (5 years) window is -10.1%, with a net decline across the window.
Public Storage gross profit plunged from $3.44B in 2024 to $1.20B in 2025, a 65.0% drawdown.
$3.44B stands as the all-time-high annual gross profit, posted in 2024, against a low of $6.60M during 1983.
Public Storage Gross Profit by Year
Public Storage Gross Profit 2025: $1.20B
Public Storage posted gross profit of $1.20B in 2025, plunged 65.0% below 2024.
Public Storage Gross Profit 2024: $3.44B
In 2024, Public Storage reported gross profit of $3.44B, edged up 2.0% from 2023. This figure represents the highest annual value in the available history.
Public Storage Gross Profit 2023: $3.37B
Public Storage gross profit in 2023 was $3.37B, grew 7.7% from 2022.
Public Storage Gross Profit 2022: $3.13B
2022's gross profit for Public Storage came in at $3.13B, grew 25.4% from 2021.
Public Storage Gross Profit 2021: $2.50B
Public Storage gross profit in 2021 was $2.50B.
See more financial history for Public Storage (PSA).
Sector peers by Gross Profit
Real Estate peers of Public Storage (PSA), ranked by their latest gross profit
| $7.84B | |
| $5.46B | |
| $5.24B | |
| $5.16B | |
| $4.75B | |
| $4.18B | |
| $3.39B | |
| −$344.22M |
- $7.84B
- $5.24B
- $5.16B
- $4.75B
- $4.18B
- −$344.22M
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