PSANEUTRAL

PSA Gross Margin Analysis

72.1%

Higher than 80% of Real Estate sector peers

Updated 987h ago·SEC filings & market data

Key Takeaway

Gross margin is the share of revenue left after paying direct costs like property operating expenses, and at 72.1%, PSA keeps a large portion of every dollar earned.

Sector Performance

80th percentile

PSA

72.1%

Sector Median

68.8%

Sector Avg

58.9%

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Deep Analysis

Gross margin is the share of revenue left after paying direct costs like property operating expenses, and at 72.1%, PSA keeps a large portion of every dollar earned.

That figure sits above the Real Estate sector median of 68.8%, placing the company at the 80th percentile among peers, meaning only about one in five rivals posts a higher margin. Historical trend data are unavailable, with no year-over-year change, quarter-over-quarter change, or eight-quarter direction provided, so the current level cannot be confirmed as improving or eroding over time. The combination of a high current margin and absent trend evidence suggests the company has an efficient cost structure today, but investors gain no signal about whether that advantage is durable or slipping. This metric supports the NEUTRAL overall verdict: the strong margin justifies no downgrade, yet the lack of movement data leaves room to question future competitiveness without adding conviction to buy or sell.

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 68.8%, placing it in the 80th percentile.

Who are PSA's closest peers by Gross Margin?

The closest Real Estate peers by Gross Margin include: REG (69.8%), AVB (67.7%), ARE (66.6%), AMT (73.9%), AMH (3.5%).

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Learn More About Gross Margin

Gross Margin vs Net Margin: Why the Gap Between Them Tells You Everything

Gross margin vs net margin: learn what the spread between them reveals about operating leverage, cost structure, and early warning signs in any stock.

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.