Public Storage logo
Public Storage PSA
$ 273.53 0.84%

Quarterly report 2025-Q2
added 07-30-2025

report update icon

Public Storage Balance Sheet 2011-2025 | PSA

Annual Balance Sheet Public Storage

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

8.91 B 8.73 B 6.1 B 6.74 B - 3.4 B 1.05 B 998 M 207 M 215 M -123 M 820 M 452 M 658 M

Long Term Debt

9.35 B 9.1 B 6.87 B 7.48 B - 1.9 B 1.41 B 1.43 B 391 M 319 M 64.4 M 839 M 469 M 398 M

Total Non Current Liabilities

- - - - - 1.9 B 1.41 B 1.43 B 391 M 319 M 64.4 M 839 M 469 M 398 M

Total Liabilities

9.94 B 9.7 B 7.39 B 7.96 B 3.24 B 2.29 B 1.78 B 1.77 B 689 M 581 M 312 M 1.06 B 671 M 609 M

Retained Earnings

-699 M -268 M -110 M -550 M - -666 M -577 M -676 M -488 M -435 M -375 M -318 M -279 M -260 M

Total Assets

19.8 B 19.8 B 17.6 B 17.4 B 11.8 B 11.4 B 10.9 B 10.7 B 10.1 B 9.78 B 9.82 B 9.88 B 8.79 B 8.93 B

Cash and Cash Equivalents

447 M 370 M 775 M 735 M 258 M 410 M 361 M 433 M 184 M 104 M 188 M 19.2 M 17.2 M 139 M

Book Value

9.81 B 10.1 B 10.2 B 9.42 B 8.58 B 9.08 B 9.14 B 8.96 B 9.44 B 9.2 B 9.51 B 8.82 B 8.12 B 8.32 B

Total Shareholders Equity

9.71 B 10 B 10.2 B 9.36 B 8.58 B 9.06 B 9.12 B 8.94 B 9.41 B 9.17 B 9.48 B 8.79 B 8.09 B 8.29 B

All numbers in USD currency

Quarterly Balance Sheet Public Storage

2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

10.4 B 9.42 B 9.47 B 9.4 B 9.07 B 9.1 B 9.03 B 6.89 B 6.9 B 6.87 B 6.74 B - 7.44 B 7.48 B 5.77 B 5 B 3 B 2.54 B 2.54 B 2.54 B 2.54 B 1.9 B 1.9 B 1.9 B 1.9 B 1.41 B 1.41 B 1.41 B 1.41 B 1.43 B 1.43 B 1.43 B 1.43 B 391 M 391 M 437 M 337 M 264 M 264 M 264 M 264 M - - - - - - - - - - - - - - - -

Total Liabilities

11.1 B 9.95 B 10.1 B 9.99 B 9.57 B 9.7 B 9.67 B 7.4 B 7.37 B 7.39 B 7.33 B - 7.9 B 7.96 B 6.25 B 5.73 B 3.36 B 3.24 B 3.24 B 3.24 B 3.24 B 2.29 B 2.29 B 2.29 B 2.29 B 1.78 B 1.78 B 1.78 B 1.78 B 1.77 B 1.77 B 1.77 B 1.77 B 689 M 689 M 689 M 689 M 581 M 581 M 581 M 581 M 312 M 312 M 312 M 312 M 1.06 B 1.06 B 1.06 B 1.06 B 671 M 671 M 671 M 671 M 609 M 609 M 609 M 609 M

Retained Earnings

-1.09 B -867 M -737 M -593 M -336 M -268 M -131 M -167 M -169 M -110 M -123 M - -436 M -550 M -771 M -864 M -878 M -915 M -915 M -915 M -915 M -666 M -666 M -666 M -666 M -577 M -577 M -577 M -577 M -676 M -676 M -676 M -676 M -488 M -488 M -488 M -488 M -435 M -435 M -435 M -435 M -375 M -375 M -375 M -375 M -318 M -318 M -318 M -318 M -279 M -279 M -279 M -279 M -260 M -260 M -260 M -260 M

Total Assets

20.5 B 19.6 B 19.8 B 19.8 B 19.6 B 19.8 B 19.9 B 17.6 B 17.5 B 17.6 B 17.5 B - 17.7 B 17.4 B 15.3 B 14.5 B 12 B 11.8 B 11.8 B 11.8 B 11.8 B 11.4 B 11.4 B 11.4 B 11.4 B 10.9 B 10.9 B 10.9 B 10.9 B 10.7 B 10.7 B 10.7 B 10.7 B 10.1 B 10.1 B 10.1 B 10.1 B 9.78 B 9.78 B 9.78 B 9.78 B 9.82 B 9.82 B 9.82 B 9.82 B 9.88 B 9.88 B 9.88 B 9.88 B 8.79 B 8.79 B 8.79 B 8.79 B 8.93 B 8.93 B 8.93 B 8.93 B

Cash and Cash Equivalents

1.1 B 287 M 599 M 542 M 272 M 370 M 630 M 652 M 695 M 775 M 884 M 1.01 B 941 M 735 M 958 M 481 M 160 M 258 M 258 M 258 M 258 M 410 M 410 M 410 M 410 M 361 M 361 M 361 M 361 M 433 M 433 M 433 M 433 M 184 M 184 M 184 M 184 M 104 M 104 M 104 M 104 M 188 M 188 M 188 M 188 M 19.2 M 19.2 M 19.2 M 19.2 M 17.2 M 17.2 M 17.2 M 17.2 M 139 M 139 M 139 M 139 M

Book Value

9.48 B 9.67 B 9.71 B 9.8 B 10 B 10.1 B 10.2 B 10.2 B 10.1 B 10.2 B 10.1 B - 9.8 B 9.42 B 9.04 B 8.76 B 8.62 B 8.58 B 8.58 B 8.58 B 8.58 B 9.08 B 9.08 B 9.08 B 9.08 B 9.14 B 9.14 B 9.14 B 9.14 B 8.96 B 8.96 B 8.96 B 8.96 B 9.44 B 9.44 B 9.44 B 9.44 B 9.2 B 9.2 B 9.2 B 9.2 B 9.51 B 9.51 B 9.51 B 9.51 B 8.82 B 8.82 B 8.82 B 8.82 B 8.12 B 8.12 B 8.12 B 8.12 B 8.32 B 8.32 B 8.32 B 8.32 B

Total Shareholders Equity

9.37 B 9.57 B 9.61 B 9.8 B 10 B 10 B 10.2 B 10.2 B 10.1 B 10.1 B 10.1 B 10 B 9.72 B 9.34 B 9.04 B 8.74 B 8.6 B 8.56 B 8.56 B 8.56 B 8.56 B 9.06 B 9.06 B 9.06 B 9.06 B 9.12 B 9.12 B 9.12 B 9.12 B 8.94 B 8.94 B 8.94 B 8.94 B 9.41 B 9.41 B 9.41 B 9.41 B 9.17 B 9.17 B 9.17 B 9.17 B 9.48 B 9.48 B 9.48 B 9.48 B 8.79 B 8.79 B 8.79 B 8.79 B 8.09 B 8.09 B 8.09 B 8.09 B 8.29 B 8.29 B 8.29 B 8.29 B

All numbers in USD currency

Balance Sheet is a fundamental financial report of Public Storage, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Reit industrial

Issuer Price % 24h Market Cap Country
Life Storage Life Storage
LSI
- -0.76 % $ 11.4 B usaUSA
Extra Space Storage Extra Space Storage
EXR
$ 132.75 0.55 % $ 28.1 B usaUSA
EastGroup Properties EastGroup Properties
EGP
$ 179.97 -0.32 % $ 8.78 B usaUSA
Prologis Prologis
PLD
$ 129.16 0.12 % $ 120 B usaUSA
Rexford Industrial Realty Rexford Industrial Realty
REXR
$ 41.45 -0.05 % $ 5.77 B usaUSA
Global Self Storage Global Self Storage
SELF
$ 5.05 -1.94 % $ 55.8 M usaUSA
CubeSmart CubeSmart
CUBE
$ 37.05 0.31 % $ 8.39 B usaUSA
Monmouth Real Estate Investment Corporation Monmouth Real Estate Investment Corporation
MNR
$ 12.16 2.36 % $ 1.19 B usaUSA
Duke Realty Corporation Duke Realty Corporation
DRE
- - $ 18.6 B usaUSA
Innovative Industrial Properties Innovative Industrial Properties
IIPR
$ 50.43 1.65 % $ 1.42 B usaUSA
Gladstone Land Corporation Gladstone Land Corporation
LAND
$ 9.21 0.05 % $ 331 M usaUSA
Plymouth Industrial REIT Plymouth Industrial REIT
PLYM
$ 21.96 0.02 % $ 988 M usaUSA
STAG Industrial STAG Industrial
STAG
$ 39.05 -0.28 % $ 7.11 B usaUSA
Terreno Realty Corporation Terreno Realty Corporation
TRNO
$ 62.67 -0.25 % $ 5.99 B usaUSA