Net margin is the percentage of revenue a company keeps as profit after every expense and tax. It is net income divided by revenue, and the table shows both amounts beside the percentage. A higher net margin means more of each sales dollar reaches the bottom line. One-time gains, write-downs and tax items pass through net income, so a single period's net margin can move for reasons unrelated to the underlying business. Quarterly and annual points each use the amounts filed for that same period, so a single quarter can swing with the seasons.
Public Storage net margin for the quarter ending 2026-06-30 was 40.79%, a 35.57% increase year-over-year.
Public Storage net margin for the quarter ending 2026-03-31 was 43.47%, a 25.21% increase year-over-year.
Public Storage net margin for the quarter ending 2025-12-31 was 41.95%, a 20.12% decline year-over-year.
Public Storage net margin for the quarter ending 2025-09-30 was 42.06%, a 15.32% increase year-over-year.
Public Storage net margin for fiscal 2025 was 36.99%, a 16.18% decline from fiscal 2024.
Public Storage net margin for fiscal 2024 was 44.13%, a 7.21% decline from fiscal 2023.
Public Storage net margin for fiscal 2023 was 47.55%, a 54.27% decline from fiscal 2022.
Public Storage net margin for fiscal 2022 was 103.99%, a 81.86% increase from fiscal 2021.