Company / Profit Margin
Public Storage Profit Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
37.0%
FY2025
5-year range
37.0% / 104.0%
FY2021-FY2025
Trend
-16.2%
vs FY2024
Sector context
#25 of 130
Real Estate
What the data says
Public Storage's profit margin of 37.0% is higher than 81% of companies in the Real Estate sector (FY2025). Profit Margin has declined for 3 consecutive years, from 104.0% in FY2022 to 37.0% in FY2025.
Based on SEC 10-K filings.
37.0% in FY2025 with a 5-year CAGR of -9.6%. Top quartile in the Real Estate sector.
Declined from 47.5% to 37.0% over the past 2 years.
Real Estate sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- -67.0pp
- 5-Year Change
- -9.6pp
- 10-Year Change
- -
Sector benchmark
Top 19% in Real EstateTop 19% of 130This company 37.0% Sector average 43.3%
▼
-14.5% below sector average
Key checks
Key Insights
- Public Storage's profit margin has declined for 3 consecutive years.
- In FY2025, profit margin decreased 16.2% year-over-year.
- Currently 6.3pp below the Real Estate sector average.
- Peak profit margin was recorded in FY2022.
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 | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 37.0% | -16.2% |
| FY2024 | 44.1% | -7.2% |
| FY2023 | 47.5% | -54.3% |
| FY2022 | 104.0% | +81.9% |
| FY2021 | 57.2% | +22.8% |
| FY2020 | 46.6% | -12.6% |
| FY2019 | 53.3% | -14.1% |
| FY2018 | 62.0% | +14.7% |
| FY2017 | 54.0% | -4.8% |
| FY2016 | 56.8% | +3.1% |
As of FY2025 · SEC 10-K · Updated Mar 14, 2026