Public Storage reports USD 1.23 billion revenue: what it means for Public Storage stock

Published on 10/15/2026 at 15:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income reached USD 502.94 million on June 30, 2026. Public Storage stock costs EUR 258.75 on October 15, 2026 at 3:06 p.m. CEST.

Quarterly figures shape valuation

Public Storage reported USD 1.23 billion revenue for the second quarter ended June 30, 2026.
Second-quarter net income reached USD 502.94 million, producing a 41.00 percent net margin.
Public Storage stock costs EUR 258.75 at Lang & Schwarz on October 15, 2026 at 3:06 p.m. CEST.
Public Storage had a 27.55 earnings multiple and USD 54.0 billion market capitalization as of October 14, 2026.

Selfstorage-Anlage mit grauen Rolltoren und Umzugswagen bei Tageslicht — Fotorealistisches Selfstorage-Areal veranschaulicht das Kerngeschäft von Public Storage, Aktie ISIN US74460W1099, Immobilien-REIT-Sektor, Illustration mit AI erstellt.

Public Storage reported USD 1.23 billion in revenue for the second quarter ended June 30, 2026, down 0.50 percent from the year-earlier quarter, according to MarketBeat. At 3:06 p.m. CEST on October 15, 2026, the stock was EUR 258.75 at Lang & Schwarz.

What the quarter means

Public Storage's consolidated net income reached USD 502.94 million in the second quarter, while its net profit margin was 41.00 percent. The same quarter produced diluted earnings per share of USD 2.55, compared with USD 2.71 in the first quarter of 2026. Operating cash flow was USD 868.44 million for the quarter ended June 30, 2026.

Price position on October 15

The euro quotation sits within the broader primary-market range. Public Storage last stood at USD 288.76 on the NYSE on October 14, 2026 at 4:00 p.m. ET. Its 52-week range was USD 256.54 to USD 335.55, placing the latest primary-market quote USD 32.79 above the low and USD 46.79 below the high.

Trading volume for the October 14 primary-market session was 834,787 shares, against an average volume of 981,335 shares. That level represents 85.06 percent of the average, a quieter session than the recent norm.

Valuation and company scale

Public Storage had a market capitalization of USD 54.0 billion, an earnings multiple of 27.55 and a dividend yield of 0.04 percent as of October 14, 2026. The company operates in the Real Estate sector and the REIT - Industrial industry, and its NYSE listing is part of the S&P 500.

Public Storage's second-quarter revenue figure offers the clearest operating reference in the current picture: revenue declined 0.50 percent year over year, while net income remained USD 502.94 million. The contrast matters because the revenue comparison and the margin describe different parts of the same quarter.

Comparison with peers

Public Storage (NYSE, USD): earnings multiple 27.55, market capitalization USD 54.0 billion

Extra Space Storage (NYSE, USD): minus 0.24 percent, earnings multiple 29.99, market capitalization USD 28.3 billion

CubeSmart (NYSE, USD): minus 0.37 percent, earnings multiple 26.01, market capitalization USD 8.5 billion

Closing price context

The primary-market figures place Public Storage between its 52-week boundaries, while the second-quarter data show revenue of USD 1.23 billion and net income of USD 502.94 million. The further course of trading is shown by the continuously updated real-time quote of Public Storage stock.