Public Storage balance sheet
At the end of its fiscal year on Dec 31, 2025, Public Storage reported total assets of $20.21B and shareholders' equity of $9.25B. That works out to liabilities equal to 54% of assets, long-term debt of 1.11× shareholders' equity.
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $10.13B | $10.73B | $10.93B | $11.37B | $11.82B | $17.38B | $17.55B | $19.81B | $19.75B | $20.21B |
| Cash & equivalents | $183.69M | $433.38M | $361.22M | $409.74M | $257.56M | $734.60M | $775.25M | $370.00M | $447.42M | $318.10M |
| Total liabilities | $688.68M | $1.77B | $1.78B | $2.29B | $3.24B | $7.96B | $7.39B | $9.70B | $9.94B | $10.87B |
| Long-term debt | $390.75M | $1.43B | $1.41B | $1.90B | $2.54B | $7.48B | $6.87B | $9.10B | $9.35B | $10.25B |
| Shareholders' equity | $9.41B | $8.94B | $9.12B | $9.06B | $8.56B | $9.34B | $10.07B | $10.01B | $9.71B | $9.25B |
| Reported in | 10-K 2018 | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 1393311 (raw data). Most recent filing in this dataset: 10-Q filed Oct 26, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.