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PSA (Public Storage) Tax Rate % : 0.57% (As of Sep. 2024)


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What is Public Storage Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Public Storage's Tax Expense for the three months ended in Sep. 2024 was $2 Mil. Public Storage's Pre-Tax Income for the three months ended in Sep. 2024 was $436 Mil. Therefore, Public Storage's Tax Rate % for the quarter that ended in Sep. 2024 was 0.57%.


Public Storage Tax Rate % Historical Data

The historical data trend for Public Storage's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Public Storage Tax Rate % Chart

Public Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.63 0.33 0.50

Public Storage Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.53 0.29 0.40 0.57

Public Storage Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Public Storage's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=10.821/2170.941
=0.50 %

Public Storage's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=2.488/435.631
=0.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Public Storage Tax Rate % Related Terms

Thank you for viewing the detailed overview of Public Storage's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Public Storage Business Description

Address
701 Western Avenue, Glendale, CA, USA, 91201-2349
Public Storage is the largest owner of self-storage facilities in the us with more than 3,000 self-storage facilities in 40 states and approximately 219 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
Executives
Nathaniel A. Vitan officer: Chief Legal Officer 701 WESTERN AVENUE, GLENDALE CA 91201-2349
Kristy Pipes director C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
John Reyes director 701 WESTERN AVENUE, GLENDALE CA 91201
Havner Ronald L Jr director 701 WESTERN AVENUE, GLENDALE CA 91201
Avedick Baruyr Poladian director 701 WESTERN AVENUE, GLENDALE CA 91201
David Lee officer: Chief Operating Officer C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Russell Joseph D Jr officer: President & CEO PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Tamara Hughes Gustavson director, 10 percent owner 701 WESTERN AVENUE, GLENDALE CA 91201-2349
Ronald P Spogli director 701 WESTERN AVENUE, GLENDALE CA 91201
Rebecca L Owen director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Shroff Michelle Millstone director C/O PARTY CITY HOLDCO INC., 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Paul S Williams director C/O MAJOR, LINDSEY & AFRICA, 1 SOUTH WACKER DRIVE, SUITE 1750, CHICAGO IL 60606
Heisz Leslie Stone director C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
David J Neithercut director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Tariq M Shaukat director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109