In Q1 FY2026, Public Storage reported revenue of $1.22 billion, up 2.9% year-over-year, and net income of $526 million, up 29.1%. Diluted EPS rose 32.8% to $2.71. Operating income increased 2.2% to $474 million.
•Revenue grew 2.9% YoY to $1.22 billion.
•Net income surged 29.1% to $526 million.
•Diluted EPS increased 32.8% to $2.71.
•Operating income rose 2.2% to $474 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, it owned and/or operated 3,546 self-storage facilities across 40 states in the United States, totaling 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, with about 19 million net rentable square feet. The company is a member of the S&P 500 and was incorporated in 1972 in Maryland.
On which exchange is Public Storage (PSA-PK) listed and in what currency?
Public Storage's stock, with the symbol PSA-PK, is listed on the New York Stock Exchange (NYSE). The trading currency is the US Dollar (USD). As a US-based company, its financial reporting and dividends are also in USD.
What sector and industry does Public Storage (PSA-PK) 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. This means the company generates income primarily by renting storage space to individuals and businesses, and it is required to distribute most of its taxable income to shareholders as dividends.
Where does Public Storage (PSA-PK) operate geographically?
Public Storage primarily operates in the United States, with facilities located in 40 states. As of March 31, 2026, it owned and/or operated 3,546 self-storage facilities across the US. Additionally, through its 35% common equity interest in Shurgard Self Storage Limited, the company has a presence in seven Western European countries, including Belgium, France, Germany, the Netherlands, Sweden, and the United Kingdom. Shurgard operates 333 facilities under its own brand in Europe.
How does Public Storage (PSA-PK) make money?
Public Storage generates revenue primarily by renting self-storage units to individuals and businesses. As a REIT, its business model involves acquiring, developing, and operating self-storage facilities to produce rental income. The company also benefits from ancillary services such as selling packing supplies and offering insurance. With a vast portfolio of over 3,500 facilities in the US and a significant stake in Shurgard in Europe, Public Storage earns income from lease payments and tenant fees. As a REIT, it must distribute at least 90% of its taxable income to shareholders as dividends, making its business model focused on consistent cash flow generation.