# PUBLIC STORAGE (PSA) FY2025 Annual Balance Sheet

- Company: PUBLIC STORAGE (PSA)
- Period: As of 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-12, accession number 0001628280-26-007696
- Page: https://plicit.ai/financials/psa/fy2025-annual-balance-sheet
- Chart image: https://plicit.ai/charts/psa-fy2025-annual-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 20,208,604,000 US dollars
- **Liabilities**: 10,866,770,000 US dollars
- **Equity**: 9,341,834,000 US dollars
- **Noncontrolling interest**: 93,706,000 US dollars. Included in consolidated equity; this amount is not added again.
- **Buildings**: 24,126,185,000 US dollars. Part of Total land and buildings, net, drawn as one net amount.
- **Land**: 5,952,072,000 US dollars. Part of Total land and buildings, net, drawn as one net amount.
- **Accumulated depreciation**: negative 11,468,054,000 US dollars. Part of Total land and buildings, net, drawn as one net amount.
- **Total land and buildings, net**: 18,610,203,000 US dollars
- **Investment in unconsolidated real estate entity**: 388,586,000 US dollars
- **Cash and equivalents**: 318,095,000 US dollars
- **Other assets**: 303,644,000 US dollars
- **Goodwill and other intangible assets, net**: 251,613,000 US dollars
- **Construction in process**: 194,355,000 US dollars
- **Notes receivable**: 142,108,000 US dollars
- **Notes payable**: 10,253,881,000 US dollars
- **Accrued and other liabilities**: 612,889,000 US dollars
- **Paid-in capital**: 6,147,650,000 US dollars
- **Preferred Shares, $0.01 par value, 100,000,000 shares authorized, 174,000 shares issued (in series) and outstanding, (174,000 shares at December 31, 2024) at liquidation preference**: 4,350,000,000 US dollars
- **Common Shares, $0.10 par value, 650,000,000 shares authorized, 175,462,847 shares issued (175,408,393 shares at December 31, 2024)**: 17,550,000 US dollars
- **Noncontrolling interests**: 93,706,000 US dollars
- **Accumulated deficit**: negative 1,219,273,000 US dollars
- **Accumulated other comprehensive loss**: negative 47,799,000 US dollars
- **Gross equity (calculated)**: 10,608,906,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.