Public Storage (PSA) Form 10-Q — Jul 29, 2026
Public Storage reported net income of $503 million for the second quarter of 2026, a significant increase from $361 million in the prior-year period, driven largely by foreign currency gains and equity earnings from Shurgard. Funds from operations (FFO) per diluted share rose to $4.21, up 22.4% year-over-year, while total revenues for the quarter increased to $1.23 billion. The company completed its all-stock merger with National Storage Affiliates Trust on July 22, 2026, expanding its portfolio to over 4,500 locations.
Key figures
- Eps
- 5.26
- Revenue
- 2450622000
- Net Income
- 1032313000
- Total Debt
- 10249725000
- Shares Outstanding
- 175621134
- FFO per share Q2
- 4.21
- FFO per share YTD
- 8.59
- Dividend per share Q2
- $3.00
- Core FFO per share YTD
- 8.38
- Same Store Revenue Growth YTD
- -0.3%
Price after filing
Close on the filing date to close N calendar days later (from $324.02). Historical, not a forecast.
AI analysis
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