Gross Margin
Higher than 42% of Real Estate sector peers
Updated 124h ago
Sector Performance
42th percentilePSA
72.1%
Sector Median
72.5%
Sector Avg
70.2%
Deep Analysis
PSA’s gross margin of 72.1% means that after subtracting the direct costs of providing storage and real estate services, the company keeps 72.1 cents of every revenue dollar as gross profit — a measure of core operating efficiency.
This sits just below the real estate sector median of 72.3%, placing PSA in the 46th percentile among its peers, meaning it is slightly below average but within a tight cluster. No year-over-year or quarter-over-quarter changes are available, and no trend direction over the last eight quarters has been reported, leaving the current level as a single static observation. With no trend data, the combination of a near-median margin and no trajectory offers neither a clear upside opportunity nor a distinct red flag, though it implies stable, not exceptional, cost control. This metric supports the overall NEUTRAL verdict because the gross margin is essentially in line with the sector median, neither underperforming nor outperforming enough to shift the investment stance.
Frequently Asked Questions
What does the Gross Margin tell investors about PSA?
Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.
How is the Gross Margin calculated?
Gross Margin is calculated as: Gross Profit / Revenue.
How does PSA's Gross Margin compare to its sector?
PSA's Gross Margin of 72.1% compares to a Real Estate sector median of 72.5%, placing it in the 42th percentile.
Who are PSA's closest peers by Gross Margin?
The closest Real Estate peers by Gross Margin include: FR (72.5%), AMT (73.9%), TRNO (74.4%), REG (69.8%), SBAC (75.6%).
The Formula
Gross Profit / Revenue
Why It Matters
Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.
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72.1%
Sector Median
72.5%
Sector Avg
70.2%
How PSA's Gross Margin compares to sector peers.
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