Public Storage annual gross margin
2013
2014
2015
2016
2017
2018
2022
2023
2024
2025
Public Storage Gross Margin Growth & History (PSA)
Public Storage's gross margin was 72.85% for fiscal 2025.
View full Public Storage company overviewPublic Storage annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 72.85% | −0.36 pp |
| 2024 | 2024-12-31 | 73.21% | −1.38 pp |
| 2023 | 2023-12-31 | 74.59% | −0.23 pp |
| 2022 | 2022-12-31 | 74.82% | — |
| 2018 | 2018-12-31 | 73.00% | −0.47 pp |
| 2017 | 2017-12-31 | 73.47% | −0.40 pp |
| 2016 | 2016-12-31 | 73.87% | +0.55 pp |
| 2015 | 2015-12-31 | 73.32% | +1.49 pp |
| 2014 | 2014-12-31 | 71.83% | +0.32 pp |
| 2013 | 2013-12-31 | 71.51% | — |
Public Storage quarterly gross margin
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 72.09% | −1.43 pp |
| Q1 2026 | 2026-03-31 | 72.08% | — |
| Q4 2025 | 2025-12-31 | 72.92% | — |
| Q3 2025 | 2025-09-30 | 72.97% | — |
| Q2 2025 | 2025-06-30 | 73.52% | — |
| Q4 2019 | 2019-12-31 | 75.95% | −0.89 pp |
| Q3 2019 | 2019-09-30 | 70.90% | −1.42 pp |
| Q2 2019 | 2019-06-30 | 70.78% | −1.36 pp |
| Q1 2019 | 2019-03-31 | 70.36% | −0.85 pp |
| Q4 2018 | 2018-12-31 | 76.84% | −0.57 pp |
| Q3 2018 | 2018-09-30 | 72.32% | +0.09 pp |
| Q2 2018 | 2018-06-30 | 72.14% | −0.37 pp |
| Q1 2018 | 2018-03-31 | 71.22% | −0.45 pp |
| Q4 2017 | 2017-12-31 | 77.41% | −0.31 pp |
| Q3 2017 | 2017-09-30 | 72.23% | −0.84 pp |
| Q2 2017 | 2017-06-30 | 72.52% | −0.36 pp |
| Q1 2017 | 2017-03-31 | 71.67% | −0.01 pp |
| Q4 2016 | 2016-12-31 | 77.72% | +0.32 pp |
| Q3 2016 | 2016-09-30 | 73.06% | −0.33 pp |
| Q2 2016 | 2016-06-30 | 72.88% | +0.25 pp |
| Q1 2016 | 2016-03-31 | 71.68% | +2.13 pp |
| Q4 2015 | 2015-12-31 | 77.40% | +0.97 pp |
| Q3 2015 | 2015-09-30 | 73.39% | +1.35 pp |
| Q2 2015 | 2015-06-30 | 72.63% | +0.60 pp |
| Q1 2015 | 2015-03-31 | 69.55% | +3.17 pp |
| Q4 2014 | 2014-12-31 | 76.43% | — |
| Q3 2014 | 2014-09-30 | 72.04% | — |
| Q2 2014 | 2014-06-30 | 72.03% | — |
| Q1 2014 | 2014-03-31 | 66.38% | — |
Public Storage gross margin trends
Between the periods ended 2013-12-31 and 2025-12-31, Public Storage's gross margin increased from 71.51% to 72.85%, a change of +1.33 percentage points. The latest reported quarter, Q2 2026, shows 72.09%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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