Public Storage annual operating margin
2010
2011
2012
2013
2014
2015
2016
2017
Public Storage Operating Margin Growth & History (PSA)
Public Storage's operating margin was 53.33% for fiscal 2017.
View full Public Storage company overviewPublic Storage annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2017 | 2017-12-31 | 53.33% | −0.35 pp |
| 2016 | 2016-12-31 | 53.68% | +1.95 pp |
| 2015 | 2015-12-31 | 51.73% | +3.26 pp |
| 2014 | 2014-12-31 | 48.47% | +0.07 pp |
| 2013 | 2013-12-31 | 48.40% | +1.08 pp |
| 2012 | 2012-12-31 | 47.33% | +3.38 pp |
| 2011 | 2011-12-31 | 43.94% | +1.02 pp |
| 2010 | 2010-12-31 | 42.92% | — |
Public Storage quarterly operating margin
Q3.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
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
Q1.25
Q2.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 37.85% | −12.95 pp |
| Q1 2026 | 2026-03-31 | 38.95% | −11.15 pp |
| Q2 2025 | 2025-06-30 | 41.63% | −7.27 pp |
| Q1 2025 | 2025-03-31 | 39.22% | −17.27 pp |
| Q3 2018 | 2018-09-30 | 50.81% | −1.66 pp |
| Q2 2018 | 2018-06-30 | 50.10% | −3.57 pp |
| Q1 2018 | 2018-03-31 | 48.90% | −1.71 pp |
| Q4 2017 | 2017-12-31 | 56.49% | −0.98 pp |
| Q3 2017 | 2017-09-30 | 52.47% | −0.76 pp |
| Q2 2017 | 2017-06-30 | 53.67% | +0.56 pp |
| Q1 2017 | 2017-03-31 | 50.61% | −0.12 pp |
| Q4 2016 | 2016-12-31 | 57.47% | +0.71 pp |
| Q3 2016 | 2016-09-30 | 53.22% | +0.78 pp |
| Q2 2016 | 2016-06-30 | 53.12% | +2.14 pp |
| Q1 2016 | 2016-03-31 | 50.72% | +4.42 pp |
| Q4 2015 | 2015-12-31 | 56.76% | +3.72 pp |
| Q3 2015 | 2015-09-30 | 52.44% | +3.14 pp |
| Q2 2015 | 2015-06-30 | 50.98% | +1.60 pp |
| Q1 2015 | 2015-03-31 | 46.30% | +4.52 pp |
| Q4 2014 | 2014-12-31 | 53.04% | +2.29 pp |
| Q3 2014 | 2014-09-30 | 49.30% | +0.47 pp |
| Q2 2014 | 2014-06-30 | 49.38% | +0.39 pp |
| Q1 2014 | 2014-03-31 | 41.78% | −3.08 pp |
| Q4 2013 | 2013-12-31 | 50.75% | −1.31 pp |
| Q3 2013 | 2013-09-30 | 48.83% | +0.52 pp |
| Q2 2013 | 2013-06-30 | 48.99% | +2.47 pp |
| Q1 2013 | 2013-03-31 | 44.86% | +2.83 pp |
| Q4 2012 | 2012-12-31 | 52.07% | +7.21 pp |
| Q3 2012 | 2012-09-30 | 48.31% | — |
| Q2 2012 | 2012-06-30 | 46.52% | — |
| Q1 2012 | 2012-03-31 | 42.04% | — |
| Q3 2011 | 2011-09-30 | 44.86% | — |
Public Storage operating margin trends
Over the last five reported fiscal years, Public Storage's operating margin increased from 47.33% to 53.33%, a change of +6.00 percentage points. The latest reported quarter, Q2 2026, shows 37.85%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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.
Review Public Storage filings at SEC.gov ↗