Public Storage
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 73.9% | 53.7% | 56.8% |
| FY2017 | 73.5% | 53.3% | 54.0% |
| FY2018 | 73.0% | 50.1% | 62.0% |
| FY2019 | — | 49.8% | 53.3% |
| FY2020 | — | 46.5% | 46.6% |
| FY2021 | — | 60.4% | 57.2% |
| FY2022 | — | 108.0% | 104.0% |
| FY2023 | — | 52.5% | 47.6% |
| FY2024 | — | 50.6% | 44.1% |
| FY2025 | — | 43.4% | 37.0% |