Risk factors

Public Storage (PSA) risk factors

Item 1A of every Public Storage 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    35 risks3 new4 dropped7 reworded

    Public Storage added risks regarding leadership transitions, AI adoption errors, and REIT tax rules under the Inflation Reduction Act.

    Filed Feb 12, 2026
  • FY2024 10-K risk factors
    36 risks

    Public Storage faces high exposure to property tax hikes and climate risks in California. Google dependency for customer acquisition creates distinct marketing vulnerability. Development pipelines and debt costs are pressured by elevated interest rates.

    Filed Feb 24, 2025