Company / SG&A Expense
Public Storage SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$106.7M
FY2025
5-year range
$62.1M / $106.7M
FY2021-FY2025
Trend
+0.0%
vs FY2024
Sector context
#35 of 131
Real Estate
What the data says
At $107M, Public Storage's sg&a expense ranks #97 of 131 in the Real Estate sector. SG&A Expense has fluctuated over the past 10 years, ranging from $62M in FY2021 to $107M in FY2025.
Based on SEC 10-K filings.
$107M in FY2025 with a 5-year CAGR of +0.4%.
Increased from $76M to $107M over the past 2 years.
Real Estate sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +8.6%
- 5-Year CAGR
- +0.4%
- 10-Year CAGR
- -
Sector benchmark
#97 of 131 in Real EstateTop 73% of 131This company $106.7M Sector average $159.5M
▼
-33.1% below sector average
Key checks
Key Insights
- 5-year CAGR of +0.4%, indicating consistent growth.
- In FY2025, sg&a expense increased 0.0% year-over-year.
- Ranks #35 out of 131 companies in the Real Estate sector.
- Lowest sg&a expense in the period was in FY2021.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $106.7M | +0.0% |
| FY2024 | $106.7M | +40.4% |
| FY2023 | $76.0M | -8.7% |
| FY2022 | $83.2M | +33.9% |
| FY2021 | $62.1M | -40.7% |
| FY2020 | $104.7M | +26.3% |
| FY2019 | $82.9M | -20.8% |
| FY2018 | $104.7M | +26.3% |
| FY2017 | $82.9M | -0.9% |
| FY2016 | $83.7M | +25.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026