Public Storage — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Public Storage filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.82B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $4.70B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $4.52B | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $4.18B | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $3.42B | Feb 20, 2024 |
| FY2022 | Dec 31, 2020 | $2.92B | Feb 21, 2023 |
| FY2019 | Dec 31, 2019 | $717.50M | Feb 25, 2020 |
| FY2019 | Sep 30, 2019 | $729.34M | Feb 25, 2020 |
| FY2019 | Jun 30, 2019 | $710.95M | Feb 25, 2020 |
| FY2019 | Mar 31, 2019 | $689.04M | Feb 25, 2020 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Dec 31, 2018 | $2.01B | Feb 27, 2019 |
| FY2018 | Dec 31, 2017 | $1.96B | Feb 27, 2019 |
| FY2018 | Dec 31, 2016 | $1.89B | Feb 27, 2019 |
| FY2017 | Dec 31, 2015 | $1.75B | Mar 1, 2018 |
| FY2016 | Dec 31, 2014 | $1.56B | Mar 1, 2017 |
| FY2015 | Dec 31, 2013 | $1.41B | Feb 29, 2016 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.78B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $2.07B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $2.15B | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $4.35B | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $1.95B | Feb 20, 2024 |
| FY2022 | Dec 31, 2020 | $1.36B | Feb 21, 2023 |
| FY2021 | Dec 31, 2019 | $1.52B | Feb 22, 2022 |
| FY2020 | Dec 31, 2018 | $1.71B | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | $1.44B | Feb 25, 2020 |
| FY2018 | Dec 31, 2016 | $1.45B | Feb 27, 2019 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $1.42B | Mar 1, 2018 |
| FY2017 | Dec 31, 2016 | $1.37B | Mar 1, 2018 |
| FY2017 | Dec 31, 2015 | $1.23B | Mar 1, 2018 |
| FY2016 | Dec 31, 2014 | $1.06B | Mar 1, 2017 |
| FY2015 | Dec 31, 2013 | $951.10M | Feb 29, 2016 |
| FY2014 | Dec 31, 2012 | $871.98M | Feb 25, 2015 |
| FY2013 | Dec 31, 2011 | $762.81M | Feb 26, 2014 |
| FY2012 | Dec 31, 2010 | $692.65M | Feb 26, 2013 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.19B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $3.13B | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $3.25B | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | $3.12B | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | $2.54B | Feb 20, 2024 |
| FY2022 | Dec 31, 2020 | $2.04B | Feb 21, 2023 |
| FY2021 | Dec 31, 2019 | $2.07B | Feb 22, 2022 |
| FY2020 | Dec 31, 2018 | $2.06B | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | $1.97B | Feb 25, 2020 |
| FY2018 | Dec 31, 2016 | $1.95B | Feb 27, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $20.21B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $19.75B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $19.81B | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $17.55B | Feb 20, 2024 |
| FY2022 | Dec 31, 2021 | $17.38B | Feb 21, 2023 |
| FY2021 | Dec 31, 2020 | $11.82B | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $11.37B | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $10.93B | Feb 25, 2020 |
| FY2018 | Dec 31, 2017 | $10.73B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $10.13B | Mar 1, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $10.87B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $9.94B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $9.70B | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $7.39B | Feb 20, 2024 |
| FY2022 | Dec 31, 2021 | $7.96B | Feb 21, 2023 |
| FY2021 | Dec 31, 2020 | $3.24B | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $2.29B | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $1.78B | Feb 25, 2020 |
| FY2018 | Dec 31, 2017 | $1.77B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $688.68M | Mar 1, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $9.25B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $9.71B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $10.01B | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $10.07B | Feb 20, 2024 |
| FY2022 | Dec 31, 2021 | $9.34B | Feb 21, 2023 |
| FY2021 | Dec 31, 2020 | $8.56B | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $9.06B | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $9.12B | Feb 25, 2020 |
| FY2018 | Dec 31, 2017 | $8.94B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $9.41B | Mar 1, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $165.84M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $165.84M | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $165.84M | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $165.84M | Feb 20, 2024 |
| FY2022 | Dec 31, 2021 | $165.84M | Feb 21, 2023 |
| FY2021 | Dec 31, 2020 | $165.84M | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $174.60M | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $174.60M | Feb 25, 2020 |
| FY2018 | Dec 31, 2017 | $174.60M | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $174.60M | Mar 1, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($1.22B) | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | ($699.08M) | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | ($267.91M) | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | ($110.23M) | Feb 20, 2024 |
| FY2022 | Dec 31, 2021 | ($550.42M) | Feb 21, 2023 |
| FY2021 | Dec 31, 2020 | ($914.79M) | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | ($665.58M) | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | ($577.36M) | Feb 25, 2020 |
| FY2018 | Dec 31, 2017 | ($675.71M) | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | ($487.58M) | Mar 1, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $318.10M | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $447.42M | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | $370.00M | Feb 12, 2026 |
| FY2025 | Dec 31, 2022 | $775.25M | Feb 12, 2026 |
| FY2024 | Dec 31, 2021 | $734.60M | Feb 24, 2025 |
| FY2023 | Dec 31, 2020 | $257.56M | Feb 20, 2024 |
| FY2022 | Dec 31, 2019 | $409.74M | Feb 21, 2023 |
| FY2021 | Dec 31, 2018 | $361.22M | Feb 22, 2022 |
| FY2020 | Dec 31, 2017 | $433.38M | Feb 24, 2021 |
| FY2019 | Dec 31, 2016 | $183.69M | Feb 25, 2020 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $10.25B | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | $9.35B | Feb 12, 2026 |
| FY2024 | Dec 31, 2023 | $9.10B | Feb 24, 2025 |
| FY2023 | Dec 31, 2022 | $6.87B | Feb 20, 2024 |
| FY2022 | Dec 31, 2021 | $7.48B | Feb 21, 2023 |
| FY2021 | Dec 31, 2020 | $2.54B | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | $1.90B | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $1.41B | Feb 25, 2020 |
| FY2018 | Dec 31, 2017 | $1.43B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $390.75M | Mar 1, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 9 | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | 10 | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | 11 | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | 23 | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | 9 | Feb 20, 2024 |
| FY2022 | Dec 31, 2020 | 6 | Feb 21, 2023 |
| FY2019 | Dec 31, 2019 | 1 | Feb 25, 2020 |
| FY2019 | Sep 30, 2019 | 1 | Feb 25, 2020 |
| FY2019 | Jun 30, 2019 | 1 | Feb 25, 2020 |
| FY2019 | Mar 31, 2019 | 1 | Feb 25, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 9 | Feb 12, 2026 |
| FY2025 | Dec 31, 2024 | 10 | Feb 12, 2026 |
| FY2025 | Dec 31, 2023 | 11 | Feb 12, 2026 |
| FY2024 | Dec 31, 2022 | 23 | Feb 24, 2025 |
| FY2023 | Dec 31, 2021 | 9 | Feb 20, 2024 |
| FY2022 | Dec 31, 2020 | 6 | Feb 21, 2023 |
| FY2019 | Dec 31, 2019 | 1 | Feb 25, 2020 |
| FY2019 | Sep 30, 2019 | 1 | Feb 25, 2020 |
| FY2019 | Jun 30, 2019 | 1 | Feb 25, 2020 |
| FY2019 | Mar 31, 2019 | 1 | Feb 25, 2020 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | 175.67M | Feb 20, 2024 |
| FY2023 | Dec 31, 2022 | 175.27M | Feb 20, 2024 |
| FY2022 | Dec 31, 2021 | 175.13M | Feb 21, 2023 |
| FY2021 | Dec 31, 2020 | 174.58M | Feb 22, 2022 |
| FY2020 | Dec 31, 2019 | 174.42M | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | 174.13M | Feb 25, 2020 |
| FY2018 | Dec 31, 2017 | 173.85M | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | 173.29M | Mar 1, 2018 |
| FY2016 | Dec 31, 2015 | 172.92M | Mar 1, 2017 |
| FY2015 | Dec 31, 2014 | 172.45M | Feb 29, 2016 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2014 | Dec 31, 2014 | $967.91M | Feb 25, 2015 |
| FY2014 | Dec 31, 2013 | $887.15M | Feb 25, 2015 |
| FY2014 | Dec 31, 2012 | $753.91M | Feb 25, 2015 |
| FY2013 | Dec 31, 2011 | $621.37M | Feb 26, 2014 |
| FY2012 | Dec 31, 2010 | $516.89M | Feb 26, 2013 |
| FY2011 | Dec 31, 2009 | $371.71M | Feb 27, 2012 |
| FY2010 | Dec 31, 2008 | $470.82M | Mar 1, 2011 |