P
PSA
PSAUnverified2 segments tracked|6 years of data|Annual (10-K)
Total Revenue
$4.7B3.9%
FY2024
Operating Segments
2Active segments
Blended Margin
73.2%Operating margin
Highest Margin
74.1%Self Storage Operations
Segment Shift
Self Storage Operations has grown from 94.3% to 93.6% of total revenue since FY2019, with 74.1% operating margins. Meanwhile, Ancillary Operations is the fastest growing at +16.1% YoY.
Segment Revenue Over Time
Revenue Mix
Segment Breakdown — FY2024
| Segment | Revenue | Op. Income | Margin | % of Total | YoY |
|---|---|---|---|---|---|
| Self Storage Operations | $4.4B | $3.3B | 74.1% | 93.6% | +3.2% |
| Ancillary Operations | $300M | $178M | 59.5% | 6.4% | +16.1% |
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