Net Assets for Public Storage (PSA)
According to Public Storage's latest reported financial statements, the company's latest reported net assets is $9.25B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet AssetsSwitch metric
Latest period
$9.25B
YoY change
-4.8%
5Y CAGR
+1.6%
Peak year (2022)
$10.07B
Latest annual
$9.25B
Net Assets history chart for Public Storage (PSA) from 1983 to 2025
Net Assets history table for Public Storage (PSA) from 1983 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $9.25B | -4.8% | ||
| 2024 | $9.71B | -3.0% | ||
| 2023 | $10.01B | -0.6% | ||
| 2022 | $10.07B | +7.9% | ||
| 2021 | $9.34B | +9.1% | ||
| 2020 | $8.56B | -5.6% | ||
| 2019 | $9.06B | -0.6% | ||
| 2018 | $9.12B | +2.0% | ||
| 2017 | $8.94B | -5.0% | ||
| 2016 | $9.41B | +2.6% | ||
| 2015 | $9.17B | -3.3% | ||
| 2014 | $9.48B | +7.8% | ||
| 2013 | $8.79B | +8.6% | ||
| 2012 | $8.09B | -2.3% | ||
| 2011 | $8.29B | -4.5% | ||
| 2010 | $8.68B | -2.8% | ||
| 2009 | $8.93B | +2.4% | ||
| 2008 | $8.72B | -0.5% | ||
| 2007 | $8.76B | +6.8% | ||
| 2006 | $8.21B | +70.4% | ||
| 2005 | $4.82B | +8.7% | ||
| 2004 | $4.43B | +5.0% | ||
| 2003 | $4.22B | +1.5% | ||
| 2002 | $4.16B | +6.4% | ||
| 2001 | $3.91B | +5.0% | ||
| 2000 | $3.72B | +0.9% | ||
| 1999 | $3.69B | +18.3% | ||
| 1998 | $3.12B | +9.5% | ||
| 1997 | $2.85B | +23.6% | ||
| 1996 | $2.31B | +41.0% | ||
| 1995 | $1.63B | +178.1% | ||
| 1994 | $587.79M | +56.3% | ||
| 1993 | $376.10M | +48.2% | ||
| 1992 | $253.70M | +34.9% | ||
| 1991 | $188.10M | +7.1% | ||
| 1990 | $175.60M | +11.4% | ||
| 1989 | $157.70M | -2.6% | ||
| 1988 | $161.90M | -1.6% | ||
| 1987 | $164.60M | +3.7% | ||
| 1986 | $158.70M | +20.0% | ||
| 1985 | $132.20M | +154.2% | ||
| 1984 | $52.00M | +30.0% | ||
| 1983 | $40.00M | — |
Net Assets values are taken from Public Storage's reported balance sheets (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
As of the 2025 fiscal year, Public Storage (PSA) reported net assets of $9.25B – edged down 4.8% year-over-year.
Public Storage net assets has recorded the values shown across consecutive periods, with a +1.6% compound annual growth rate over 2020–2025 (5 years).
Public Storage net assets declined from $10.07B in 2022 to $9.25B in 2025, a 8.2% drawdown.
Across the available history, net assets reached its high of $10.07B in 2022 and its low of $40.00M in 1983.
Public Storage (PSA) sits 6th of 8 Real Estate peers we track on this metric, against a peer median of $18.54B.
Public Storage Net Assets by Year
Public Storage Net Assets 2025: $9.25B
Public Storage net assets in 2025 was $9.25B, edged down 4.8% below 2024.
Public Storage Net Assets 2024: $9.71B
Public Storage net assets in 2024 was $9.71B, edged down 3.0% below 2023.
Public Storage Net Assets 2023: $10.01B
Public Storage net assets in 2023 was $10.01B, edged down 0.6% below 2022.
Public Storage Net Assets 2022: $10.07B
Public Storage net assets in 2022 was $10.07B, grew 7.9% from 2021. This figure represents the highest annual value in the available history.
Public Storage Net Assets 2021: $9.34B
Public Storage net assets in 2021 was $9.34B.
See more financial history for Public Storage (PSA).
Sector peers — Net Assets
Companies in the same sector as Public Storage, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | $53.19B | Real Estate |
| Welltower Inc. (WELL) | $42.13B | Real Estate |
| Realty Income Corporation (O) | $39.44B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $22.93B | Real Estate |
| Equinix, Inc. (EQIX) | $14.16B | Real Estate |
| CBRE Group, Inc. (CBRE) | $8.88B | Real Estate |
| Simon Property Group, Inc. (SPG) | $5.21B | Real Estate |
| American Tower Corporation (AMT) | $3.65B | Real Estate |
Frequently asked questions
What is Public Storage's net assets?
- Latest reported net assets for Public Storage (PSA) is $9.25B (period ending December 31, 2025).
How has Public Storage net assets changed year-over-year?
- Public Storage (PSA) net assets changed -4.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Public Storage net assets?
- Public Storage (PSA) net assets compound annual growth rate is +1.6% over the most recent 5 years available.
When did Public Storage net assets hit its highest annual value?
- Public Storage net assets reached its highest annual value of $10.07B in 2022.
What was Public Storage net assets in 2024?
- Public Storage (PSA) net assets in 2024 was $9.71B.
What was Public Storage net assets in 2025?
- Public Storage (PSA) net assets in 2025 was $9.25B.
Metrics overview
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