Public Storage
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $1.22B | $1.22B | $1.22B | $1.20B | $1.18B | $1.18B | $1.19B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $44.4M | $30.4M | $27.0M | $28.8M | $25.7M | $25.2M | $32.5M | $26.2M |
| Operating Income | $466.7M | $474.3M | $576.5M | $597.3M | $500.0M | $464.0M | $689.1M | $509.9M |
| Operating Margin | 37.9% | 38.9% | 47.4% | 48.8% | 41.6% | 39.2% | 58.5% | 42.9% |
| Interest Expense | $84.8M | $80.0M | $81.2M | $79.7M | $71.6M | $72.0M | $72.1M | $74.3M |
| Pretax Income | $505.7M | $530.9M | $495.3M | $517.6M | $364.7M | $412.2M | $617.0M | $435.6M |
| Income Tax Expense | $2.7M | $1.6M | $-14.7M | $2.8M | $3.2M | $1.4M | $-1.4M | $2.5M |
| Net Income | $500.0M | $526.3M | $507.1M | $511.1M | $358.4M | $407.8M | $614.6M | $430.3M |
| Net Margin | 40.6% | 43.2% | 41.7% | 41.8% | 29.8% | 34.5% | 52.2% | 36.2% |
| EPS (Basic) | $2.56 | $2.72 | $2.61 | $2.63 | $1.76 | $2.04 | $3.23 | $2.17 |
| EPS (Diluted) | $2.55 | $2.71 | $2.59 | $2.62 | $1.76 | $2.04 | $3.22 | $2.16 |
| Shares Outstanding (Basic) | 175.6M | 175.5M | 175.4M | 175.5M | 175.4M | 175.4M | 175.4M | 175.0M |
| Shares Outstanding (Diluted) | 176.5M | 175.9M | 175.9M | 175.9M | 175.9M | 175.9M | 176.0M | 175.9M |
| Dividends Per Share | $3.00 | $3.00 | $3.00 | $3.00 | $3.00 | $3.00 | $3.00 | $3.00 |