PSA · XBRL financial data

Public Storage financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (PSA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	2,915	3,416	4,182	4,518	4,696	4,824
General and administrative	83	101	115	81	107	107
Interest expense	56	91	136	201	287	304
Income tax expense (benefit)	—	12	14	11	5	(7)
Net income (loss)	1,357	1,953	4,349	2,148	2,072	1,784
Earnings per share, basic USD per share	6.29	9.91	23.64	11.11	10.68	9.04
Earnings per share, diluted USD per share	6.29	9.87	23.50	11.06	10.64	9.01
Weighted average shares, basic millions of shares	174	175	175	175	175	175
Weighted average shares, diluted millions of shares	175	176	176	176	176	176

Fiscal years (PSA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	258	735	775	370	447	318
Goodwill	175	166	166	166	166	166
Total assets	11,817	17,381	17,552	19,809	19,755	20,209
Total liabilities	3,240	7,957	7,386	9,702	9,941	10,867
Accumulated deficit	(915)	(550)	(110)	(268)	(699)	(1,219)
Total stockholders' equity	8,559	9,335	10,073	10,013	9,713	9,248
Total liabilities and equity	11,817	17,381	17,552	19,809	19,755	20,209
Common shares outstanding (cover page) millions of shares	175	175	176	176	175	176

Fiscal years (PSA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	1,357	1,953	4,349	2,148	2,072	1,784
Stock-based compensation	33	60	57	42	45	40
Depreciation and amortization	553	713	888	970	1,130	1,152
Net cash from operating activities	2,043	2,544	3,117	3,247	3,128	3,186
Net cash from investing activities	(1,118)	(5,564)	1,120	(3,539)	(1,003)	(1,685)
Proceeds from issuing common stock	13	96	35	53	60	0
Share repurchases	—	—	0	0	200	0
Net cash from financing activities	(1,076)	3,498	(4,193)	(113)	(2,079)	(1,631)
Net change in cash	(151)	479	44	(405)	47	(129)

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Public Storage	560	1,366	709*	186.8M	Q3 FY26 10-QSep 30, 2026
Crown Castle	1,042	1,008	531*	425.5M	Q2 FY26 10-QJun 30, 2026
Simon Property Group	1,019	1,791	1,196*	not reported	Q2 FY26 10-QJun 30, 2026
Realty Income	369	1,622	926*	951.0M	Q3 FY26 10-QSep 30, 2026
Vici Properties	270	1,065	655*	1.1B	Q3 FY26 10-QSep 30, 2026
Digital Realty Trust	803	1,902	not reported	378.3M	Q3 FY26 10-QSep 30, 2026
Blackstone Real Estate Income Trust	1,405	1,861	740*	3.5B	Q2 FY26 10-QJun 30, 2026
Extra Space Storage	115	35	467*	208.7M	Q3 FY26 10-QSep 30, 2026
Iron Mountain	205	2,029	549*	297.7M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.