Public Storage Operating Expenses 2010-2025 | PSA

Public Storage annual/quarterly operating expenses history and growth rate from 2010 to 2025. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Public Storage operating expenses for the quarter ending June 30, 2025 were $0.629B, a 2.54% increase year-over-year.
  • Public Storage operating expenses for the twelve months ending June 30, 2025 were $2.538B, a 5.03% increase year-over-year.
  • Public Storage annual operating expenses for 2024 were $2.51B, a 12.8% increase from 2023.
  • Public Storage annual operating expenses for 2023 were $2.225B, a 8.99% increase from 2022.
  • Public Storage annual operating expenses for 2022 were $2.041B, a 18.49% increase from 2021.
Public Storage Annual Operating Expenses
(Millions of US $)
2024 $2,510
2023 $2,225
2022 $2,041
2021 $1,723
2020 $1,504
2019 $1,388
2018 $1,345
2017 $1,245
2016 $1,186
2015 $1,150
2014 $1,122
2013 $1,014
2012 $971
2011 $973
2010 $921
2009 $896
Public Storage Quarterly Operating Expenses
(Millions of US $)
2025-06-30 $629
2025-03-31 $647
2024-12-31 $631
2024-09-30 $631
2024-06-30 $614
2024-03-31 $635
2023-12-31 $614
2023-09-30 $553
2023-06-30 $525
2023-03-31 $532
2022-12-31 $505
2022-09-30 $527
2022-06-30 $503
2022-03-31 $506
2021-12-31 $452
2021-09-30 $457
2021-06-30 $419
2021-03-31 $395
2020-12-31 $358
2020-09-30 $381
2020-06-30 $387
2020-03-31 $378
2019-12-31 $334
2019-09-30 $358
2019-06-30 $350
2019-03-31 $346
2018-12-31 $314
2018-09-30 $347
2018-06-30 $342
2018-03-31 $342
2017-12-31 $293
2017-09-30 $326
2017-06-30 $308
2017-03-31 $319
2016-12-31 $277
2016-09-30 $310
2016-06-30 $297
2016-03-31 $301
2015-12-31 $263
2015-09-30 $294
2015-06-30 $289
2015-03-31 $303
2014-12-31 $259
2014-09-30 $288
2014-06-30 $272
2014-03-31 $303
2013-12-31 $245
2013-09-30 $262
2013-06-30 $248
2013-03-31 $260
2012-12-31 $225
2012-09-30 $247
2012-06-30 $244
2012-03-31 $255
2011-12-31 $239
2011-09-30 $246
2011-06-30 $241
2011-03-31 $247
2010-12-31 $217
2010-09-30 $236
2010-06-30 $232
2010-03-31 $236
2009-12-31 $210
2009-09-30 $223
2009-06-30 $226
2009-03-31 $237
Sector Industry Market Cap Revenue
Finance REIT - Other Equity Trusts $51.532B $4.696B
Public Storage's principal business activities include the ownership and operation of self-storage facilities and other related operations including tenant reinsurance and third-party self-storage management. They acquire, develop, own and operate self-storage facilities, which offer storage spaces for lease on a month-to-month basis, for personal and business use. They are the largest owner and operator of self-storage facilities in the United States.
Stock Name Country Market Cap PE Ratio
Welltower (WELL) United States $109.975B 34.84
Prologis (PLD) United States $104.225B 19.33
American Tower (AMT) United States $99.213B 20.55
Digital Realty Trust (DLR) United States $56.976B 23.73
Crown Castle (CCI) United States $45.197B 18.02
VICI Properties (VICI) United States $35.617B 14.40
Ventas (VTR) United States $30.809B 20.42
Extra Space Storage Inc (EXR) United States $30.299B 17.52
SBA Communications (SBAC) United States $23.932B 16.99
W.P Carey (WPC) United States $14.478B 13.66
Brookfield Infrastructure Partners LP (BIP) Bermuda $14.215B 9.55
Alexandria Real Estate Equities (ARE) United States $13.998B 8.62
Gaming And Leisure Properties (GLPI) United States $13.627B 12.60
Lamar Advertising (LAMR) United States $12.833B 15.50
Omega Healthcare Investors (OHI) United States $12.467B 14.09
Healthpeak Properties (DOC) United States $12.335B 9.70
SEGRO (SEGXF) United Kingdom $11.635B 0.00
Host Hotels & Resorts (HST) United States $11.626B 8.37
BXP (BXP) United States $10.987B 9.98
Rexford Industrial Realty (REXR) United States $9.566B 16.98
CubeSmart (CUBE) United States $9.370B 15.56
Lineage (LINE) United States $9.215B 11.85
EastGroup Properties (EGP) United States $9.040B 19.69
NNN REIT (NNN) United States $8.006B 12.55
CareTrust REIT (CTRE) United States $7.512B 21.13
Vornado Realty Trust (VNO) United States $7.313B 16.41
American Healthcare REIT (AHR) United States $7.159B 27.22
Stag Industrial (STAG) United States $6.861B 15.00
First Industrial Realty Trust (FR) United States $6.828B 18.22
Ryman Hospitality Properties (RHP) United States $6.231B 11.62
Terreno Realty (TRNO) United States $5.968B 23.11
Healthcare Realty Trust (HR) United States $5.967B 10.67
Cousins Properties (CUZ) United States $4.784B 10.17
Kilroy Realty (KRC) United States $4.751B 8.88
Sabra Healthcare REIT (SBRA) United States $4.688B 13.21
Americold Realty Trust (COLD) United States $4.261B 10.54
SL Green Realty (SLG) United States $4.051B 10.12
National Health Investors (NHI) United States $3.697B 17.19
COPT Defense Properties (CDP) United States $3.268B 11.00
Highwoods Properties (HIW) United States $3.230B 8.61
OUTFRONT Media (OUT) United States $3.207B 10.47
Apple Hospitality REIT (APLE) United States $3.050B 8.25
Four Corners Property Trust (FCPT) United States $2.721B 14.89
Keppel REIT (KREVF) Singapore $2.678B 0.00
Douglas Emmett (DEI) United States $2.600B 9.83
Medical Properties Trust (MPW) United States $2.591B 6.95
National Storage Affiliates Trust (NSA) United States $2.469B 13.92
Park Hotels & Resorts (PK) United States $2.367B 5.98
InvenTrust Properties (IVT) United States $2.298B 16.73
CoreCivic (CXW) United States $2.226B 11.18
Smartstop Self Storage REIT Inc (SMA) United States $2.026B 0.00
Sunstone Hotel Investors (SHO) United States $1.818B 11.53
Global Net Lease (GNL) United States $1.737B 6.61
DiamondRock Hospitality (DRH) United States $1.734B 8.13
LTC Properties (LTC) United States $1.695B 13.00
Getty Realty (GTY) United States $1.632B 12.17
NETSTREIT (NTST) United States $1.546B 14.36
Innovative Industrial Properties (IIPR) United States $1.539B 6.76
Paramount (PGRE) United States $1.499B 9.44
Alexander & Baldwin Holdings (ALEX) United States $1.385B 12.44
Sila Realty Trust (SILA) United States $1.375B 11.43
Xenia Hotels & Resorts (XHR) United States $1.350B 8.19
Empire State Realty Trust (ESRT) United States $1.299B 8.42
JBG SMITH Properties (JBGS) United States $1.270B 31.66
Pebblebrook Hotel Trust (PEB) United States $1.265B 6.67
Alexander's (ALX) United States $1.174B 16.60
RLJ Lodging Trust (RLJ) United States $1.167B 5.08
Easterly Government Properties (DEA) United States $1.021B 7.64
Hudson Pacific Properties (HPP) United States $1.020B 7.91
Piedmont Realty Trust (PDM) United States $1.017B 5.63
Plymouth Industrial REIT (PLYM) United States $0.941B 11.73
Diversified Healthcare Trust (DHC) United States $0.917B 21.11
Brandywine Realty Trust (BDN) United States $0.714B 5.96
Whitestone REIT (WSR) United States $0.660B 12.43
Gladstone Commercial (GOOD) United States $0.620B 9.38
Summit Hotel Properties (INN) United States $0.589B 5.95
Universal Health Realty Income Trust (UHT) United States $0.559B 11.91
CTO Realty Growth (CTO) United States $0.558B 8.65
One Liberty Properties (OLP) United States $0.507B 12.16
Farmland Partners (FPI) United States $0.496B 36.80
Claros Mortgage Trust (CMTG) United States $0.491B 0.00
Global Medical REIT (GMRE) United States $0.490B 8.24
Peakstone Realty Trust (PKST) United States $0.471B 5.06
Service Properties Trust (SVC) United States $0.467B 3.08
Net Lease Office Properties (NLOP) United States $0.444B 7.85
Community Healthcare Trust (CHCT) United States $0.429B 7.03
Industrial Logistics Properties Trust (ILPT) United States $0.407B 9.29
Postal Realty Trust (PSTL) United States $0.381B 11.92
Chatham Lodging Trust (REIT) (CLDT) United States $0.375B 7.29
Gladstone Land (LAND) United States $0.331B 50.78
City Office REIT (CIO) Canada $0.280B 6.14
FrontView REIT (FVR) United States $0.263B 12.41
Alpine Income Property Trust (PINE) United States $0.215B 8.59
Seritage Growth Properties (SRG) United States $0.203B 0.00
Orion Office REIT (ONL) United States $0.157B 3.58
BRAEMAR HOTELS & RESORTS INC (BHR) United States $0.153B 11.84
Clipper Realty (CLPR) United States $0.068B 5.53
Highlands REIT (HHDS) United States $0.065B 9.00
Global Self Storage (SELF) United States $0.059B 12.59
Ashford Hospitality Trust Inc (AHT) United States $0.038B 0.00
Medalist Diversified REIT (MDRR) United States $0.016B 0.00
Sotherly Hotels (SOHO) United States $0.016B 1.73
Mackenzie Realty Capital (MKZR) United States $0.009B 0.00
Creative Media & Community Trust (CMCT) United States $0.005B 0.00
Granite Real Estate (GRP.U) Canada $0.000B 0.00