HighGravityDataCurrent guidance
13 items
Public Storage
Guidance from Public Storage’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Releases tracked
8
Latest release
Jul 29, 2026
Data checked
Jul 29, 2026
What changed in the Jul 29, 2026 release
Each item compared with the same item in the previous release (Apr 27, 2026). Values in quotation marks are the company’s words.
New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| New | Same Store Revenue growth (Low) | for FY2026 | — | “(0.7)%” | Filing ↗ |
| Raised | Non-Same Store net operating income | for FY2026 | “$335,000 $355,000” | “$343,000” – “$357,000” | Filing ↗ |
| Raised | Same Store Net operating income growth | for FY2026 | “(3.9)% (0.5)%” | “(0.3)%” – “(2.0)%” | Filing ↗ |
| New | Accretion from financing Strategic Acquisitions of NSA and PS Canada | for FY2026 | — | “$0.02” | Filing ↗ |
| Raised | Core FFO per share | for FY2026 | “$16.35 $17.00” | “$16.75” – “$17.05” | Filing ↗ |
| New | PS Canada acquisition expected close | for Q3 FY2026 | — | “expected to close in the third quarter of 2026” | Filing ↗ |
| New | Same Store Expense growth (High) | for FY2026 | — | “3.0%” | Filing ↗ |
| New | Same Store Revenue growth - Low | No period stated | — | “(2.2)%” | Filing ↗ |
| New | Non-Same Store net operating income - High | No period stated | — | “$355,000” | Filing ↗ |
| New | Non-Same Store net operating income - Low | No period stated | — | “$335,000” | Filing ↗ |
| New | Same Store Net operating income growth - High | No period stated | — | “(0.5)%” | Filing ↗ |
| New | Same Store Net operating income growth - Low | No period stated | — | “(3.9)%” | Filing ↗ |
| New | Core FFO per share - High | No period stated | — | “$17.00” | Filing ↗ |
| New | Core FFO per share - Low | No period stated | — | “$16.35” | Filing ↗ |
| New | NSA Merger FFO per share accretion timing | No period stated | — | “expected to be accretive to FFO per share within the first year of closing” | Filing ↗ |
| Raised | Remaining development costs expected to be incurred | No period stated | “$424.8 million” | “$431.6 million” | Filing ↗ |
| New | Same Store Expense growth | No period stated | — | “1.5%” – “3.0%” | Filing ↗ |
| New | Same Store Expense growth - High | No period stated | — | “2.8%” | Filing ↗ |
| New | Unfunded loan commitments expected to close | No period stated | — | “$44.3 million” | Filing ↗ |
Show 22 items not restated in this release
| Change | Metric | Period | Previous | Now | Source |
|---|---|---|---|---|---|
| Not restated | Incremental Non-Same Store NOI to stabilization | for FY2026 | “$130,000” | — | Filing ↗ |
| Not restated | Incremental Non-Same Store NOI to stabilization (2026 and beyond) | for FY2026 | “$130,000” | — | Filing ↗ |
| Not restated | Ancillary net operating income | No period stated | “$195,000” | — | Filing ↗ |
| Not restated | Acquisitions | No period stated | “$350,000” | — | Filing ↗ |
| Not restated | Core FFO per share (a) | No period stated | “$16.70” | — | Filing ↗ |
| Not restated | Core general and administrative expense (b) | No period stated | “$91,000” | — | Filing ↗ |
| Not restated | Core general and administrative expense (c) | No period stated | “$91,000” | — | Filing ↗ |
| Not restated | Development and expansion aggregate cost | No period stated | “approximately $618.4 million” | — | Filing ↗ |
| Not restated | Development and expansion net rentable square feet | No period stated | “3.5 million net rentable square feet” | — | Filing ↗ |
| Not restated | Development and expansion pipeline aggregate cost | for the long term | “approximately $649.2 million” | — | Filing ↗ |
| Not restated | Development openings | No period stated | “$370,000” | — | Filing ↗ |
| Not restated | Energy efficiencies (c) | No period stated | “$75,000” | — | Filing ↗ |
| Not restated | Energy efficiencies (d) | No period stated | “$50,000” | — | Filing ↗ |
| Not restated | Expense growth (b) | No period stated | “2.3%” | — | Filing ↗ |
| Not restated | Facilities in development and expansion - estimated cost | No period stated | “$609.9 million” | — | Filing ↗ |
| Not restated | Facilities in development and expansion - net rentable square feet to be added | No period stated | “3.5 million net rentable square feet” | — | Filing ↗ |
| Not restated | General and administrative expense | No period stated | “$89,000” | — | Filing ↗ |
| Not restated | Interest expense | No period stated | “$304,000” | — | Filing ↗ |
| Not restated | Maintenance of real estate facilities | No period stated | “$175,000” | — | Filing ↗ |
| Not restated | Preferred dividends | No period stated | “$195,000” | — | Filing ↗ |
| Not restated | Property enhancements (b) | No period stated | “$130,000” | — | Filing ↗ |
| Not restated | Remaining development costs to be incurred | No period stated | “$415.7 million” | — | Filing ↗ |
Current guidance
Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.
Current fiscal year
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Same Store Revenue growth | “(2.2)% —%” | for FY2026 | Company-defined | Apr 27, 2026 | 1 | Filing ↗ |
| Same Store Revenue growth (Low) | “(0.7)%” | for FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Non-Same Store net operating income | “$343,000” – “$357,000” | for FY2026 | Company-defined | Apr 27, 2026 | 2 | Filing ↗ |
| Same Store Net operating income growth | “(0.3)%” – “(2.0)%” | for FY2026 | Company-defined | Apr 27, 2026 | 2 | Filing ↗ |
| Accretion from financing Strategic Acquisitions of NSA and PS Canada | “$0.02” | for FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Core FFO per share | “$16.75” – “$17.05” | for FY2026 | Company-defined | Apr 27, 2026 | 2 | Filing ↗ |
| Incremental Non-Same Store NOI to stabilization | “$130,000” | for FY2026 | Company-defined | Feb 24, 2025 | 4 | Filing ↗ |
| Incremental Non-Same Store NOI to stabilization (2026 and beyond) | “$130,000” | for FY2026 | Company-defined | Feb 24, 2025 | 4 | Filing ↗ |
| PS Canada acquisition expected close | “expected to close in the third quarter of 2026” | for Q3 FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
| Same Store Expense growth | “1.5% 2.8%” | for FY2026 | Company-defined | Apr 27, 2026 | 1 | Filing ↗ |
| Same Store Expense growth (High) | “3.0%” | for FY2026 | Company-defined | Jul 29, 2026 | 1 | Filing ↗ |
Long term
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Development and expansion pipeline (net rentable square feet) | “3.9 million net rentable square feet” | for the long term | Company-defined | Oct 29, 2025 | 1 | Filing ↗ |
| Development and expansion pipeline aggregate cost | “approximately $649.2 million” | for the long term | Company-defined | Oct 29, 2025 | 1 | Filing ↗ |
No period stated
| Metric | Current value | Period | Measure | First stated | Times stated | Source |
|---|---|---|---|---|---|---|
| Regular common quarterly dividend | “$3.00 per common share” | — | Declared action | Oct 30, 2024 | 1 | Filing ↗ |
How one item moved
Non-Same Store net operating income, No period stated — every statement across the year, each linked to its filing.
How your Logistics & diversified REITs sector group guides
12 companies in Logistics & diversified REITs. What they guide on, and who reported this season.
Most-guided metric families
This season’s releases
| Prologis | Oct 15, 2026 | 18 changes |
| Simon Property Group | Aug 10, 2026 | 17 changes |
| Realty Income | Aug 5, 2026 | 8 changes |
| Equinix | Jul 29, 2026 | 26 changes |
| Public Storage | Jul 29, 2026 | 19 changes |
| Ventas | Jul 29, 2026 | 14 changes |
| American Tower | Jul 28, 2026 | 39 changes |
| Extra Space Storage | Jul 28, 2026 | 6 changes |
Get this for your own peer set — Peer Guidance Briefing, $3,000.
Full history
Every metric, every release, eight quarters — the complete record as one table.
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | Long-term | No period |
|---|---|---|---|---|---|---|
| Los Angeles County pricing limitation impact on Same Store revenue growth | — | 1 statement | — | — | — | — |
| Revenue growth | — | — | — | — | — | 7 statements |
| Same Store Revenue growth | 2 statements | — | — | — | — | — |
| Same Store Revenue growth - Low | — | — | — | — | — | 1 statement |
| Same Store revenue growth Los Angeles/Ventura County pricing limitation impact | — | 1 statement | — | — | — | — |
The full record for Public Storage and its Logistics & diversified REITs peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.
Filings
The 8 earnings releases this page is built from.
| Filed | Fiscal period | Accession | Guidance items | |
|---|---|---|---|---|
| Jul 29, 2026 | FY2026 Q2 | 0001628280-26-050608 | 23 | Open filing ↗ |
| Apr 27, 2026 | FY2026 Q1 | 0001628280-26-027484 | 14 | Open filing ↗ |
| Feb 12, 2026 | FY2025 Q4 | 0001628280-26-007684 | 8 | Open filing ↗ |
| Oct 29, 2025 | FY2025 Q3 | 0001628280-25-047143 | 22 | Open filing ↗ |
| Jul 30, 2025 | FY2025 Q2 | 0001393311-25-000119 | 24 | Open filing ↗ |
| Apr 30, 2025 | FY2025 Q1 | 0001393311-25-000068 | 20 | Open filing ↗ |
| Feb 24, 2025 | FY2024 Q4 | 0001393311-25-000034 | 21 | Open filing ↗ |
| Oct 30, 2024 | FY2024 Q3 | 0001393311-24-000192 | 33 | Open filing ↗ |
Not located in filing
1 value was detected in these releases but could not be matched to an exact sentence in the filing body, so it is not shown as guidance. We surface the count rather than drop it silently.
Show the 1 unmatched span
| Span | Why | Filed |
|---|---|---|
| Same Store Revenue growth = Low (2.2)% / High —% | span gate: value not verbatim in filing | Feb 12, 2026 |
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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