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Public Storage's Business Segments
Public Storage's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2026
Reportable Segments
2
Largest Segment
Self Storage Operations
Total Revenue
$ 1,233
Regions Reported
-
Revenue Share by Reportable Segment - Q2 FY2026
- Self Storage Operations92.5%
- Ancillary Operations7.5%
Revenue by Reportable Segment - Q2 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Self Storage Operations | $ 1,140 | 92.5% |
| Ancillary Operations | $ 93 | 7.5% |
Revenue by Product & Service Category - Q2 FY2026
- Self Storage Operations92.5%
- Ancillary Operations7.5%
Revenue by Product & Service Category - Q2 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Self Storage Operations | $ 1,140 | 92.5% |
| Ancillary Operations | $ 93 | 7.5% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Public Storage
Public Storage, Inc. is a leading real estate investment trust (REIT) specializing in the ownership and operation of self-storage facilities. Established in 1980 in California, the company is fully integrated, self-administered, and self-managed. Public Storage focuses on acquiring, developing, and managing storage properties, making it the largest owner and operator of storage space in the United States.
The companys operations include a broad portfolio of storage facilities that serve both residential and commercial customers. Public Storage offers a range of storage unit sizes, accessibility options, and additional services such as climate control and packaging supplies. The company is committed to providing secure and convenient storage solutions, catering to a variety of customer needs.
In addition to its self-storage operations, Public Storage also has a significant presence in international markets, with operations in Europe and other regions. The companys strategies often involve optimizing their existing properties, exploring new development opportunities, and maintaining high occupancy rates to maximize revenue.
Public Storage continues to focus on enhancing the customer experience through technological innovations, marketing strategies, and improved property management, aiming to maintain its leadership position in the self-storage industry.
The companys operations include a broad portfolio of storage facilities that serve both residential and commercial customers. Public Storage offers a range of storage unit sizes, accessibility options, and additional services such as climate control and packaging supplies. The company is committed to providing secure and convenient storage solutions, catering to a variety of customer needs.
In addition to its self-storage operations, Public Storage also has a significant presence in international markets, with operations in Europe and other regions. The companys strategies often involve optimizing their existing properties, exploring new development opportunities, and maintaining high occupancy rates to maximize revenue.
Public Storage continues to focus on enhancing the customer experience through technological innovations, marketing strategies, and improved property management, aiming to maintain its leadership position in the self-storage industry.
Public Storage, as a leading provider of self-storage solutions, offers a diverse range of segments, products, and services designed to cater to the varying needs of individual consumers and businesses. Below, we explore in detail the various aspects of Public Storages offerings:
1. Self-Storage Units
Public Storage operates a vast network of self-storage facilities across the United States and Europe, providing an extensive selection of unit sizes and features.
- Unit Size Options: Customers can select from a wide range of unit sizes, accommodating varying storage needs. Typical options range from compact 5x5 feet units ideal for small items, to larger units like 10x30 feet which can hold the contents of an entire home.
- Climate-Controlled Units: For items sensitive to temperature and humidity fluctuations, many facilities provide climate-controlled storage. This feature is ideal for storing electronics, antiques, important documents, and artwork, ensuring they remain in optimal condition.
- Drive-Up Access: A significant advantage of some locations is the availability of drive-up units where customers can drive their vehicles right up to their unit. This convenience minimizes the need for heavy lifting and enhances the loading and unloading process.
Vehicle Storage
Public Storage accommodates vehicle storage needs for both individuals and businesses through various specialized offerings:
- Outdoor Parking: Secure outdoor spaces are available for storing cars, trucks, RVs, boats, and trailers. This option is particularly appealing for those who lack sufficient parking space at home.
- Covered Parking: Certain facilities offer covered parking to protect vehicles from harsh weather conditions, providing an added layer of security and care.
- Monthly Rental Options: Flexibility is key, as customers can choose month-to-month rental agreements, making it easy to store vehicles for any length of time according to their needs.
Business Storage Solutions
Public Storage presents tailored storage solutions aimed at efficiency for businesses managing space and inventory:
- Inventory Management: Businesses can use storage facilities to house surplus inventory or seasonal merchandise, allowing them to optimize space in retail or office locations.
- Document Storage: For companies that require secure and accessible storage for sensitive documents, Public Storage provides options that keep records organized and readily retrievable without crowding business environments.
- Distribution Solutions: Some locations collaborate with logistics providers, offering additional services that assist businesses with distribution and shipping processes, streamlining their operations.
Packaging and Moving Supplies
To enhance the self-storage experience, Public Storage sells a comprehensive array of packaging and moving supplies:
- Boxes: Customers can purchase various sizes of boxes, including specialized wardrobe boxes designed for easy packing of clothing.
- Packing Materials: Essential packing supplies such as bubble wrap, packing tape, and packing peanuts are available to ensure items are well-protected during storage and transport.
- Locks: High-security locks can be purchased to provide peace of mind, allowing customers to secure their storage units effectively.
Online Account Management
In line with modern customer expectations, Public Storage provides an intuitive online platform that simplifies the management of storage units:
- Account Access: Users can easily manage their accounts, make payments, and update personal information from any device, providing a hassle-free experience.
- Reservation System: The online reservation feature allows for efficient booking of storage units, with options to select specific units and check-in procedures integrated into the platform.
- Customer Support: Digital resources and customer support channels are readily available to assist users with inquiries or concerns related to their storage needs.
Accessibility and Security
Public Storage prioritizes customer safety and convenience through various accessibility and security measures:
- Access Hours: Many locations offer extended access hours, often operating 24/ This flexibility ensures that customers can retrieve or store items at their convenience.
- Security Features: Facilities are equipped with robust security measures, including surveillance cameras, gated access, and personalized entry codes, enhancing the safety of stored belongings.
- On-Site Management: Numerous locations have trained staff available on-site during hours of operation to assist customers and maintain security oversight of the facilities.
Additional Services
To further enhance the customer experience, Public Storage offers additional services:
- Referral Programs: Customers can benefit from referral incentives by recommending Public Storage to friends and family, encouraging community engagement.
- Customer Education: There are resources and tips available related to effective storage, packing, and moving, enabling customers to make the most of their storage experience.
Trends by Region
Public Storage’s performance can vary by region, influenced by local economies, market demand, and customer preferences. Regional variances often dictate the types of storage units in demand, the popularity of vehicle storage options, and the structure of pricing strategies, which can lead to nuanced differences in offerings across various locations.
In summary, Public Storage continues to evolve its offerings based on customer feedback and market dynamics. By ensuring a comprehensive and customer-centric storage experience, Public Storage remains a prominent choice in the self-storage industry, consistently adapting to the diverse needs of its clientele.
1. Self-Storage Units
Public Storage operates a vast network of self-storage facilities across the United States and Europe, providing an extensive selection of unit sizes and features.
- Unit Size Options: Customers can select from a wide range of unit sizes, accommodating varying storage needs. Typical options range from compact 5x5 feet units ideal for small items, to larger units like 10x30 feet which can hold the contents of an entire home.
- Climate-Controlled Units: For items sensitive to temperature and humidity fluctuations, many facilities provide climate-controlled storage. This feature is ideal for storing electronics, antiques, important documents, and artwork, ensuring they remain in optimal condition.
- Drive-Up Access: A significant advantage of some locations is the availability of drive-up units where customers can drive their vehicles right up to their unit. This convenience minimizes the need for heavy lifting and enhances the loading and unloading process.
Vehicle Storage
Public Storage accommodates vehicle storage needs for both individuals and businesses through various specialized offerings:
- Outdoor Parking: Secure outdoor spaces are available for storing cars, trucks, RVs, boats, and trailers. This option is particularly appealing for those who lack sufficient parking space at home.
- Covered Parking: Certain facilities offer covered parking to protect vehicles from harsh weather conditions, providing an added layer of security and care.
- Monthly Rental Options: Flexibility is key, as customers can choose month-to-month rental agreements, making it easy to store vehicles for any length of time according to their needs.
Business Storage Solutions
Public Storage presents tailored storage solutions aimed at efficiency for businesses managing space and inventory:
- Inventory Management: Businesses can use storage facilities to house surplus inventory or seasonal merchandise, allowing them to optimize space in retail or office locations.
- Document Storage: For companies that require secure and accessible storage for sensitive documents, Public Storage provides options that keep records organized and readily retrievable without crowding business environments.
- Distribution Solutions: Some locations collaborate with logistics providers, offering additional services that assist businesses with distribution and shipping processes, streamlining their operations.
Packaging and Moving Supplies
To enhance the self-storage experience, Public Storage sells a comprehensive array of packaging and moving supplies:
- Boxes: Customers can purchase various sizes of boxes, including specialized wardrobe boxes designed for easy packing of clothing.
- Packing Materials: Essential packing supplies such as bubble wrap, packing tape, and packing peanuts are available to ensure items are well-protected during storage and transport.
- Locks: High-security locks can be purchased to provide peace of mind, allowing customers to secure their storage units effectively.
Online Account Management
In line with modern customer expectations, Public Storage provides an intuitive online platform that simplifies the management of storage units:
- Account Access: Users can easily manage their accounts, make payments, and update personal information from any device, providing a hassle-free experience.
- Reservation System: The online reservation feature allows for efficient booking of storage units, with options to select specific units and check-in procedures integrated into the platform.
- Customer Support: Digital resources and customer support channels are readily available to assist users with inquiries or concerns related to their storage needs.
Accessibility and Security
Public Storage prioritizes customer safety and convenience through various accessibility and security measures:
- Access Hours: Many locations offer extended access hours, often operating 24/ This flexibility ensures that customers can retrieve or store items at their convenience.
- Security Features: Facilities are equipped with robust security measures, including surveillance cameras, gated access, and personalized entry codes, enhancing the safety of stored belongings.
- On-Site Management: Numerous locations have trained staff available on-site during hours of operation to assist customers and maintain security oversight of the facilities.
Additional Services
To further enhance the customer experience, Public Storage offers additional services:
- Referral Programs: Customers can benefit from referral incentives by recommending Public Storage to friends and family, encouraging community engagement.
- Customer Education: There are resources and tips available related to effective storage, packing, and moving, enabling customers to make the most of their storage experience.
Trends by Region
Public Storage’s performance can vary by region, influenced by local economies, market demand, and customer preferences. Regional variances often dictate the types of storage units in demand, the popularity of vehicle storage options, and the structure of pricing strategies, which can lead to nuanced differences in offerings across various locations.
In summary, Public Storage continues to evolve its offerings based on customer feedback and market dynamics. By ensuring a comprehensive and customer-centric storage experience, Public Storage remains a prominent choice in the self-storage industry, consistently adapting to the diverse needs of its clientele.