In Q1 FY2026, Public Storage reported revenue of $1.22 billion, up 2.9% year-over-year. Net income rose 29.1% to $526.3 million, while diluted EPS increased 32.8% to $2.71. Operating income grew 2.2% to $474.3 million. The company held $134.6 million in cash, $9.22 billion in equity, and $9.71 billion in long-term debt.
•Revenue increased 2.9% YoY to $1.22 billion.
•Net income surged 29.1% to $526.3 million.
•Diluted EPS rose 32.8% to $2.71.
•Operating income grew 2.2% to $474.3 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Public Storage, a member of the S&P 500 is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At March 31, 2026, we: (i) owned and/or operated 3,546 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 333 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand. Public Storage was incorporated in 1972 in Maryland.
Public Storage is a real estate investment trust (REIT) that primarily acquires, develops, owns, and operates self-storage facilities. As of March 31, 2026, the company owned and/or operated 3,546 self-storage facilities across 40 states in the United States, with approximately 259 million net rentable square feet. Additionally, Public Storage holds a 35% common equity interest in Shurgard Self Storage Limited, which operates 333 self-storage facilities in seven Western European countries under the Shurgard brand. The company is a member of the S&P 500 and was incorporated in 1972 in Maryland.
On which exchange is Public Storage (PSA-PH) listed and in what currency?
Public Storage's stock, under the ticker symbol PSA-PH, is listed on the New York Stock Exchange (NYSE). The trading currency for this security is the US Dollar (USD). As a US-based company, its financial reporting and dividends are also denominated in USD.
What sector and industry does Public Storage (PSA-PH) operate in?
Public Storage operates in the Real Estate sector, specifically within the REIT - Industrial industry. As a real estate investment trust, it focuses on owning and operating self-storage facilities, which are classified under industrial REITs. The company's primary business involves leasing storage space to individuals and businesses, generating rental income.
Where does Public Storage (PSA-PH) operate geographically?
Public Storage primarily operates in the United States, with facilities in 40 states. As of March 31, 2026, it owned and/or operated 3,546 self-storage facilities nationwide, totaling about 259 million net rentable square feet. Additionally, through its 35% common equity interest in Shurgard Self Storage Limited, the company has exposure to seven Western European countries, where Shurgard operates 333 self-storage facilities under the Shurgard brand, with approximately 19 million net rentable square feet.
How does Public Storage (PSA-PH) make money?
Public Storage generates revenue primarily by leasing self-storage units to customers. As a REIT, it must distribute at least 90% of its taxable income to shareholders as dividends. The company's income comes from rental payments on its vast portfolio of self-storage facilities. As of March 31, 2026, it owned and/or operated 3,546 facilities in the US and held a 35% stake in Shurgard Self Storage Limited, which operates 333 facilities in Europe. This diversified portfolio across two continents provides a steady stream of rental income.