Net Income for Public Storage (PSA)
According to Public Storage's latest reported financial statements, the company's current net income (TTM) is $1.90B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.90B
YoY change
-13.9%
5Y CAGR
+5.6%
Peak year (2022)
$4.35B
Cumulative net income
$31.46B
Net Income history chart for Public Storage (PSA) from 1983 to 2025
Net Income history table for Public Storage (PSA) from 1983 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.78B | -13.9% | ||
| 2024 | $2.07B | -3.6% | ||
| 2023 | $2.15B | -50.6% | ||
| 2022 | $4.35B | +122.7% | ||
| 2021 | $1.95B | +43.9% | ||
| 2020 | $1.36B | -10.7% | ||
| 2019 | $1.52B | -11.1% | ||
| 2018 | $1.71B | +18.6% | ||
| 2017 | $1.44B | -0.8% | ||
| 2016 | $1.45B | +10.9% | ||
| 2015 | $1.31B | +14.6% | ||
| 2014 | $1.14B | +8.7% | ||
| 2013 | $1.05B | +12.1% | ||
| 2012 | $939.26M | +14.0% | ||
| 2011 | $823.84M | +22.6% | ||
| 2010 | $672.04M | -19.5% | ||
| 2009 | $834.62M | -10.8% | ||
| 2008 | $935.18M | +104.4% | ||
| 2007 | $457.54M | +45.7% | ||
| 2006 | $314.03M | -31.2% | ||
| 2005 | $456.39M | +24.6% | ||
| 2004 | $366.21M | +8.8% | ||
| 2003 | $336.65M | +5.6% | ||
| 2002 | $318.74M | -1.7% | ||
| 2001 | $324.21M | +9.1% | ||
| 2000 | $297.09M | +3.2% | ||
| 1999 | $287.88M | +26.8% | ||
| 1998 | $227.02M | +27.1% | ||
| 1997 | $178.60M | +16.4% | ||
| 1996 | $153.50M | +118.1% | ||
| 1995 | $70.39M | +67.1% | ||
| 1994 | $42.12M | +50.4% | ||
| 1993 | $28.00M | +85.4% | ||
| 1992 | $15.10M | +25.8% | ||
| 1991 | $12.00M | 0.0% | ||
| 1990 | $12.00M | +8.1% | ||
| 1989 | $11.10M | -4.3% | ||
| 1988 | $11.60M | +10.5% | ||
| 1987 | $10.50M | +5.0% | ||
| 1986 | $10.00M | +49.3% | ||
| 1985 | $6.70M | +52.3% | ||
| 1984 | $4.40M | +57.1% | ||
| 1983 | $2.80M | — |
Net Income 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
The 2025 reading of Public Storage (PSA) net income is $1.78B – declined 13.9% year-over-year.
Public Storage net income has recorded the values shown across consecutive periods, with a +5.6% compound annual growth rate over 2020–2025 (5 years).
Between 2022 and 2025, Public Storage net income plunged 59.0%, falling from $4.35B to $1.78B.
$4.35B stands as the all-time-high annual net income, posted in 2022, against a low of $2.80M during 1983.
Within Real Estate, Public Storage (PSA) ranks 4th among 8 peers we track. The peer median for net income is $1.33B.
Public Storage Net Income by Year
Public Storage Net Income 2025: $1.78B
Public Storage net income in 2025 was $1.78B, declined 13.9% below 2024.
Public Storage Net Income 2024: $2.07B
Public Storage net income in 2024 was $2.07B, edged down 3.6% below 2023.
Public Storage Net Income 2023: $2.15B
Public Storage net income in 2023 was $2.15B, plunged 50.6% below 2022.
Public Storage Net Income 2022: $4.35B
Public Storage net income in 2022 was $4.35B, surged 122.7% from 2021. This figure represents the highest annual value in the available history.
Public Storage Net Income 2021: $1.95B
Public Storage net income in 2021 was $1.95B.
See more financial history for Public Storage (PSA).
Sector peers — Net Income
Companies in the same sector as Public Storage, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $4.61B | Real Estate |
| Prologis, Inc. (PLD) | $3.41B | Real Estate |
| American Tower Corporation (AMT) | $2.53B | Real Estate |
| Equinix, Inc. (EQIX) | $1.35B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $1.31B | Real Estate |
| CBRE Group, Inc. (CBRE) | $1.16B | Real Estate |
| Realty Income Corporation (O) | $1.06B | Real Estate |
| Welltower Inc. (WELL) | $936.85M | Real Estate |
Frequently asked questions
What is Public Storage's net income?
- Latest reported net income for Public Storage (PSA) is $1.90B (period ending March 31, 2026).
How has Public Storage net income changed year-over-year?
- Public Storage (PSA) net income changed -13.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Public Storage net income?
- Public Storage (PSA) net income compound annual growth rate is +5.6% over the most recent 5 years available.
When did Public Storage net income hit its highest annual value?
- Public Storage net income reached its highest annual value of $4.35B in 2022.
What was Public Storage net income in 2024?
- Public Storage (PSA) net income in 2024 was $2.07B.
What was Public Storage net income in 2025?
- Public Storage (PSA) net income in 2025 was $1.78B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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