Public Storage (PSA) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 19.85B | 20.21B | 20.11B | 20.54B | 19.62B | 19.75B | 19.8B | 19.79B | 19.62B | 19.81B | 19.88B | 17.56B | 17.51B | 17.55B | 17.45B | 17.86B | 17.7B | 17.38B | 15.28B | 14.49B |
| Asset Growth % | 1.2% | 2.3% | 1.57% | 3.8% | -0.01% | -0.27% | -0.36% | 12.69% | 12.05% | 12.86% | 13.9% | -1.69% | -1.08% | 0.99% | 14.17% | 23.27% | 47.71% | 47.09% | 34.25% | 17.25% |
| Real Estate & Other Assets | 277.16M | 18.91B | 18.9B | 18.54B | 18.45B | 18.33B | 18.2B | 18.17B | 18.22B | 18.32B | 18.1B | 15.97B | 15.93B | 15.9B | 15.67B | 15.37B | 15.3B | 207.66M | 201.81M | 184.17M |
| PP&E (Net) | 18.68B | 194.35M | 267.82M | 257.3M | 240.67M | 308.1M | 310.51M | 380.75M | 389.28M | 345.45M | 457.06M | 449.93M | 377.35M | 372.99M | 406.35M | 380.06M | 337.55M | 272.47M | 228.38M | 249.71M |
| Investment Securities | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Total Current Assets | 134.61M | 460.2M | 296.46M | 1.1B | 287.18M | 447.42M | 599M | 542.26M | 271.64M | 370M | 629.77M | 651.66M | 695.42M | 775.25M | 883.79M | 1.01B | 940.52M | 734.6M | 958.25M | 480.81M |
| Cash & Equivalents | 134.61M | 318.1M | 296.46M | 1.1B | 287.18M | 447.42M | 599M | 542.26M | 271.64M | 370M | 629.77M | 651.66M | 695.42M | 775.25M | 883.79M | 1.01B | 940.52M | 734.6M | 958.25M | 480.81M |
| Receivables | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | -93.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 233.21M | 85.77M | 103.72M | 87.62M | 97.36M | 116.34M | 128.7M | 154.95M | 185.62M | 221.42M | 248.45M | 46.18M | 53.89M | 66.67M | 73.97M | 83.9M | 105.28M | 137.05M | 93.15M | 99.69M |
| Total Liabilities | 10.53B | 10.87B | 10.71B | 11.07B | 9.95B | 9.94B | 10.09B | 9.99B | 9.57B | 9.7B | 9.67B | 7.4B | 7.37B | 7.39B | 7.33B | 7.81B | 7.9B | 7.96B | 6.25B | 5.73B |
| Total Debt | 9.71B | 10.25B | 10.04B | 10.44B | 9.42B | 9.35B | 9.47B | 9.4B | 9.07B | 9.1B | 9.03B | 6.89B | 6.9B | 6.87B | 6.74B | 7.34B | 7.44B | 7.48B | 5.77B | 5B |
| Net Debt | 9.57B | 9.94B | 9.75B | 9.34B | 9.14B | 8.91B | 8.87B | 8.86B | 8.8B | 8.73B | 8.4B | 6.24B | 6.2B | 6.1B | 5.86B | 6.33B | 6.5B | 6.74B | 4.81B | 4.51B |
| Long-Term Debt | 9.71B | 10.25B | 10.04B | 10.44B | 9.42B | 9.35B | 9.47B | 9.4B | 9.07B | 9.1B | 9.03B | 6.89B | 6.9B | 6.87B | 6.74B | 7.34B | 7.44B | 7.48B | 5.77B | 5B |
| Short-Term Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 251K | 789K |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 498.42M | 612.89M | 664.39M | 624.83M | 520.54M | 588.25M | 619.42M | 584.59M | 504.2M | 598.99M | 644.24M | 507.59M | 470.39M | 514.68M | 589.71M | 473.6M | 453.97M | 482.09M | 474.2M | 406.64M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 325M |
| Total Equity | 9.32B | 9.34B | 9.41B | 9.48B | 9.67B | 9.81B | 9.71B | 9.8B | 10.05B | 10.11B | 10.2B | 10.16B | 10.14B | 10.17B | 10.12B | 10.05B | 9.8B | 9.42B | 9.04B | 8.76B |
| Equity Growth % | -3.63% | -4.81% | -3.12% | -3.34% | -3.73% | -2.9% | -4.82% | -3.49% | -0.91% | -0.59% | 0.8% | 1.1% | 3.42% | 7.89% | 11.99% | 14.67% | 13.76% | 9.87% | 6.92% | -2.74% |
| Shareholders Equity | 9.22B | 9.25B | 9.31B | 9.37B | 9.57B | 9.71B | 9.61B | 9.71B | 9.95B | 10.01B | 10.11B | 10.07B | 10.05B | 10.07B | 10.03B | 9.95B | 9.7B | 9.34B | 9.02B | 8.74B |
| Minority Interest | 95.38M | 93.71M | 94.98M | 103.89M | 104.1M | 101.05M | 99.96M | 96.4M | 96.64M | 93.77M | 94.23M | 92.63M | 92.34M | 93.4M | 93.58M | 93.62M | 104.38M | 88.36M | 19.94M | 19.52M |
| Common Stock | 17.55M | 17.55M | 17.55M | 17.55M | 17.54M | 17.54M | 17.51M | 17.5M | 17.57M | 17.57M | 17.55M | 17.55M | 17.55M | 17.53M | 17.53M | 17.52M | 17.52M | 17.51M | 17.5M | 17.49M |
| Additional Paid-in Capital | 6.18B | 6.15B | 6.14B | 6.13B | 6.12B | 6.12B | 6.03B | 6.01B | 5.99B | 5.98B | 5.95B | 5.94B | 5.92B | 5.9B | 5.88B | 5.85B | 5.83B | 5.82B | 5.81B | 5.76B |
| Retained Earnings | -1.27B | -1.22B | -1.15B | -1.09B | -867.42M | -699.08M | -737.45M | -592.66M | -336M | -267.91M | -130.58M | -167.4M | -168.95M | -110.23M | -122.63M | -182.21M | -436.1M | -550.42M | -771.11M | -863.74M |
| Preferred Stock | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.35B | 4.1B | 4.01B | 3.87B |
| Return on Assets (ROA) | 2.63% | 2.52% | 2.51% | 1.79% | 2.07% | 3.11% | 2.17% | 2.63% | 2.58% | 2.21% | 3.28% | 3.3% | 2.95% | 2.36% | 15.68% | 3.68% | 2.93% | 3.79% | 3.29% | 3.1% |
| Return on Equity (ROE) | 5.64% | 5.41% | 5.41% | 3.74% | 4.19% | 6.3% | 4.41% | 5.22% | 5.05% | 4.33% | 6.02% | 5.7% | 5.1% | 4.07% | 27.46% | 6.59% | 5.35% | 6.71% | 5.51% | 4.72% |
| Debt / Assets | 48.9% | 50.74% | 49.93% | 50.83% | 48.05% | 47.35% | 47.84% | 47.5% | 46.22% | 45.95% | 45.43% | 39.26% | 39.41% | 39.14% | 38.63% | 41.1% | 42.05% | 43.01% | 37.77% | 34.48% |
| Debt / Equity | 1.04x | 1.10x | 1.07x | 1.10x | 0.97x | 0.95x | 0.98x | 0.96x | 0.90x | 0.90x | 0.89x | 0.68x | 0.68x | 0.68x | 0.67x | 0.73x | 0.76x | 0.79x | 0.64x | 0.57x |
| Net Debt / EBITDA | 12.51x | 11.66x | 8.44x | 10.88x | 11.06x | 10.68x | 10.57x | 10.48x | 10.84x | 10.06x | 10.07x | 7.61x | 7.86x | 7.66x | 7.49x | 8.46x | 9.43x | 10.13x | 7.69x | 7.74x |
| Book Value per Share | 52.97 | 53.12 | 53.48 | 53.87 | 54.96 | 55.78 | 55.21 | 55.70 | 56.96 | 57.53 | 57.92 | 57.65 | 57.53 | 57.72 | 57.40 | 56.99 | 55.59 | 53.52 | 51.40 | 49.92 |