Public Storage (PSA) — Net Asset Quality Index

Latest as of December 2025: 46.2%

Public Storage (PSA) has a Net Asset Quality Index of 46.2% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $20.21 Billion minus total liabilities of $10.87 Billion yields net assets of $9.34 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check PSA asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

46.2%
Equity / Total Assets

Net Assets

$9.34 Billion
USD

Total Assets

$20.21 Billion
USD

Total Liabilities

$10.87 Billion
USD

Public Storage Net Asset Quality Index Over Time (1983–2025)

This chart shows how Public Storage's Net Asset Quality Index has evolved across 43 annual periods from 1983 to 2025. As of December 2025, the index stands at 46.2%, representing net assets of $9.34 Billion against total assets of $20.21 Billion USD. See working capital position of Public Storage to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Public Storage (1983–2025)

The table below presents the year-by-year Net Asset Quality Index for Public Storage from 1983 to 2025, covering 43 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Public Storage market cap and net worth.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 46.2% $9.34 Billion $20.21 Billion $10.87 Billion ▼ -3.4 pp
2024 49.7% $9.81 Billion $19.75 Billion $9.94 Billion ▼ -1.3 pp
2023 51.0% $10.11 Billion $19.81 Billion $9.70 Billion ▼ -6.9 pp
2022 57.9% $10.17 Billion $17.55 Billion $7.39 Billion ▲ +3.7 pp
2021 54.2% $9.42 Billion $17.38 Billion $7.96 Billion ▼ -18.4 pp
2020 72.6% $8.58 Billion $11.82 Billion $3.24 Billion ▼ -7.3 pp
2019 79.9% $9.08 Billion $11.37 Billion $2.29 Billion ▼ -3.8 pp
2018 83.7% $9.14 Billion $10.93 Billion $1.78 Billion ▲ +0.2 pp
2017 83.5% $8.96 Billion $10.73 Billion $1.77 Billion ▼ -9.7 pp
2016 93.2% $9.44 Billion $10.13 Billion $688.68 Million ▼ -0.9 pp
2015 94.1% $9.20 Billion $9.78 Billion $580.59 Million ▼ -2.8 pp
2014 96.8% $9.51 Billion $9.82 Billion $311.50 Million ▲ +7.5 pp
2013 89.3% $8.82 Billion $9.88 Billion $1.06 Billion ▼ -3.1 pp
2012 92.4% $8.12 Billion $8.79 Billion $670.54 Million ▼ -0.8 pp
2011 93.2% $8.32 Billion $8.93 Billion $609.28 Million ▲ +1.3 pp
2010 91.8% $8.72 Billion $9.50 Billion $774.19 Million ▼ -0.7 pp
2009 92.5% $9.07 Billion $9.81 Billion $731.14 Million ▲ +1.2 pp
2008 91.4% $9.08 Billion $9.94 Billion $856.16 Million ▲ +4.3 pp
2007 87.1% $9.27 Billion $10.64 Billion $1.37 Billion ▲ +9.3 pp
2006 77.8% $8.71 Billion $11.20 Billion $2.48 Billion ▼ -13.5 pp
2005 91.3% $5.07 Billion $5.55 Billion $481.51 Million ▼ -2.0 pp
2004 93.4% $4.86 Billion $5.20 Billion $345.92 Million ▼ -0.2 pp
2003 93.5% $4.65 Billion $4.97 Billion $322.13 Million ▼ -1.4 pp
2002 94.9% $4.60 Billion $4.84 Billion $245.19 Million ▲ +0.6 pp
2001 94.3% $4.36 Billion $4.63 Billion $261.69 Million ▲ +0.0 pp
2000 94.3% $4.26 Billion $4.51 Billion $256.91 Million ▲ +2.3 pp
1999 92.0% $3.88 Billion $4.21 Billion $338.69 Million ▼ -3.8 pp
1998 95.7% $3.26 Billion $3.40 Billion $145.24 Million ▲ +1.0 pp
1997 94.7% $3.14 Billion $3.31 Billion $174.21 Million ▲ +0.6 pp
1996 94.2% $2.42 Billion $2.57 Billion $149.91 Million ▲ +4.0 pp
1995 90.2% $1.75 Billion $1.94 Billion $190.59 Million ▲ +1.3 pp
1994 88.9% $729.01 Million $820.31 Million $91.30 Million ▲ +3.3 pp
1993 85.5% $569.80 Million $666.10 Million $96.30 Million ▲ +0.8 pp
1992 84.7% $340.30 Million $401.70 Million $61.40 Million ▲ +12.8 pp
1991 72.0% $230.60 Million $320.50 Million $89.90 Million ▲ +2.2 pp
1990 69.8% $188.90 Million $270.80 Million $81.90 Million ▲ +4.3 pp
1989 65.5% $157.70 Million $240.90 Million $83.20 Million ▲ +2.1 pp
1988 63.3% $161.90 Million $255.60 Million $93.70 Million ▼ -4.0 pp
1987 67.4% $164.60 Million $244.30 Million $79.70 Million ▲ +2.6 pp
1986 64.7% $158.70 Million $245.10 Million $86.40 Million ▼ -3.4 pp
1985 68.2% $132.20 Million $193.90 Million $61.70 Million ▲ +23.7 pp
1984 44.4% $52.00 Million $117.00 Million $65.00 Million ▼ -18.1 pp
1983 62.5% $40.00 Million $64.00 Million $24.00 Million
pp = percentage points