Total Debt for Public Storage (PSA)
According to Public Storage's latest reported financial statements, the company's latest reported total debt is $10.25B USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal DebtSwitch metric
Latest period
$10.25B
YoY change
+9.6%
5Y CAGR
+32.1%
Peak year (2025)
$10.25B
Latest annual
$10.25B
Total Debt history chart for Public Storage (PSA) from 1983 to 2025
Total Debt history table for Public Storage (PSA) from 1983 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $10.25B | +9.6% | ||
| 2024 | $9.35B | +2.7% | ||
| 2023 | $9.10B | +32.5% | ||
| 2022 | $6.87B | -8.1% | ||
| 2021 | $7.48B | +193.7% | ||
| 2020 | $2.54B | +33.8% | ||
| 2019 | $1.90B | +34.7% | ||
| 2018 | $1.41B | -1.3% | ||
| 2017 | $1.43B | +266.3% | ||
| 2016 | $390.75M | +22.5% | ||
| 2015 | $319.02M | +395.6% | ||
| 2014 | $64.36M | -92.3% | ||
| 2013 | $839.05M | +79.0% | ||
| 2012 | $468.83M | +17.7% | ||
| 2011 | $398.31M | -29.9% | ||
| 2010 | $568.42M | +9.5% | ||
| 2009 | $518.89M | -19.4% | ||
| 2008 | $643.81M | -39.8% | ||
| 2007 | $1.07B | -28.8% | ||
| 2006 | $1.50B | +904.7% | ||
| 2005 | $149.65M | +2.8% | ||
| 2004 | $145.61M | +91.5% | ||
| 2003 | $76.03M | -34.4% | ||
| 2002 | $115.87M | -31.3% | ||
| 2001 | $168.55M | +8.0% | ||
| 2000 | $156.00M | -6.8% | ||
| 1999 | $167.34M | +105.5% | ||
| 1998 | $81.43M | -21.4% | ||
| 1997 | $103.56M | -4.5% | ||
| 1996 | $108.44M | -31.4% | ||
| 1995 | $158.05M | +104.6% | ||
| 1994 | $77.23M | -8.2% | ||
| 1993 | $84.10M | +56.6% | ||
| 1992 | $53.70M | -37.0% | ||
| 1991 | $85.20M | +9.7% | ||
| 1990 | $77.70M | -2.9% | ||
| 1989 | $80.00M | +2122.2% | ||
| 1988 | $3.60M | -57.1% | ||
| 1987 | $8.40M | -42.5% | ||
| 1986 | $14.60M | -2.7% | ||
| 1985 | $15.00M | -75.8% | ||
| 1984 | $62.00M | +195.2% | ||
| 1983 | $21.00M | — |
Total Debt 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
Public Storage (PSA) most recent annual total debt stands at $10.25B (2025) – grew 9.6% year-over-year.
Over 2020–2025 (5 years), Public Storage total debt expanded at a +32.1% compound annual rate, with the latest reading among the more recent periods of the dataset.
Across the available history, total debt reached its high of $10.25B in 2025 and its low of $3.60M in 1988.
Among 8 Real Estate peers, Public Storage (PSA) ranks 8th; the peer median for total debt is $26.68B.
Public Storage Total Debt by Year
Public Storage Total Debt 2025: $10.25B
Public Storage total debt in 2025 was $10.25B, grew 9.6% from 2024. This figure represents the highest annual value in the available history.
Public Storage Total Debt 2024: $9.35B
Public Storage total debt in 2024 was $9.35B, edged up 2.7% from 2023.
Public Storage Total Debt 2023: $9.10B
Public Storage total debt in 2023 was $9.10B, surged 32.5% from 2022.
Public Storage Total Debt 2022: $6.87B
Public Storage total debt in 2022 was $6.87B, declined 8.1% below 2021.
Public Storage Total Debt 2021: $7.48B
Public Storage total debt in 2021 was $7.48B.
See more financial history for Public Storage (PSA).
Sector peers — Total Debt
Companies in the same sector as Public Storage, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $44.96B | Real Estate |
| Prologis, Inc. (PLD) | $35.04B | Real Estate |
| Realty Income Corporation (O) | $32.85B | Real Estate |
| Simon Property Group, Inc. (SPG) | $29.19B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $24.18B | Real Estate |
| Equinix, Inc. (EQIX) | $22.73B | Real Estate |
| Welltower Inc. (WELL) | $21.38B | Real Estate |
| CBRE Group, Inc. (CBRE) | $9.99B | Real Estate |
Frequently asked questions
What is Public Storage's total debt?
- Latest reported total debt for Public Storage (PSA) is $10.25B (period ending December 31, 2025).
How has Public Storage total debt changed year-over-year?
- Public Storage (PSA) total debt changed +9.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Public Storage total debt?
- Public Storage (PSA) total debt compound annual growth rate is +32.1% over the most recent 5 years available.
When did Public Storage total debt hit its highest annual value?
- Public Storage total debt reached its highest annual value of $10.25B in 2025.
What was Public Storage total debt in 2024?
- Public Storage (PSA) total debt in 2024 was $9.35B.
What was Public Storage total debt in 2025?
- Public Storage (PSA) total debt in 2025 was $10.25B.
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