Company / Interest Expense
Public Storage Interest Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$304.5M
FY2025
5-year range
$90.8M / $304.5M
FY2021-FY2025
Trend
+5.9%
vs FY2024
Sector context
#12 of 61
Real Estate
What the data says
Public Storage's interest expense of $304M is higher than 80% of companies in the Real Estate sector (FY2025). Interest Expense has increased for 9 consecutive years, from $4M in FY2016 to $304M in FY2025.
Based on SEC 10-K filings.
$304M in FY2025 with a 5-year CAGR of +40.2%. Top quartile in the Real Estate sector.
Increased from $201M to $304M over the past 2 years.
Real Estate sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +30.7%
- 5-Year CAGR
- +40.2%
- 10-Year CAGR
- -
Sector benchmark
+45.0% above sector average
Key checks
Key Insights
- Public Storage's interest expense has grown for 9 consecutive years.
- 5-year CAGR of +40.2%, indicating consistent growth.
- In FY2025, interest expense increased 5.9% year-over-year.
- Ranks #12 out of 61 companies in the Real Estate sector.
Company context
Key Data Points
- Altman Z-Score 0.54 (distress zone, below 1.8 threshold)
- Strong profit margin: 39.5%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 20.3%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $304.5M | +5.9% |
| FY2024 | $287.4M | +42.9% |
| FY2023 | $201.1M | +47.5% |
| FY2022 | $136.3M | +50.2% |
| FY2021 | $90.8M | +61.3% |
| FY2020 | $56.3M | +23.3% |
| FY2019 | $45.6M | +40.3% |
| FY2018 | $32.5M | +156.4% |
| FY2017 | $12.7M | +201.4% |
| FY2016 | $4.2M | +590.2% |
As of FY2025 · SEC 10-K · Updated Mar 14, 2026