Public Storage

PSA Real Estate Reit Industrial

Public Storage’s revenue for fiscal 2025 (year ended December 2025) was $4.8 billion, up 2.74% from fiscal 2024.

Revenue
+11.6%
EPS
−21.9%
Free cash flow
−19.3%
Total debt
+21.4%

Quarter to September 2026, against a year earlier

336.95 3.55 −1.04%
Market cap
$63.6B
P/E
34.1×
Fwd P/E
34.1×
Dividend yield
3.54%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Public Storage (PSA) Return on assets

Alert me on Return on assets

Public Storage's return on assets over the twelve months to 30 September 2026 was 6.91%, down 1.0 percentage points from fiscal 2025 (7.94%). Over the past ten years it has ranged from 7.94% (fiscal 2025) to 23.7% (fiscal 2022) — the current reading is the lowest in ten years. That is above the Reit Industrial industry median of 3.98% and above the Real Estate sector median of 0.92%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 7.94% (1.53)
FY2024 9.47% (0.96)
FY2023 10.4% (13.29)
FY2022 23.7% 11.85
FY2021 11.9% 2.39
FY2020 9.48% (1.94)
FY2019 11.4% (2.33)
FY2018 13.8% 2.52
FY2017 11.2% (0.66)
FY2016 11.9% 1.14

Against its own ten years

Low 7.94% High 23.7%
Ten-year median 11.2%
Current reading's percentile 9

Return on assets against peers

Company Return on assets
PSA Public Storage 6.91%
TRNO Terreno Realty Corporation compare 6.32%
FR First Industrial Realty Trust, Inc. compare 6.28%
EGP EastGroup Properties, Inc. compare 5.68%
CUBE CubeSmart compare 5.19%
PLD Prologis, Inc. compare 4.21%
EXR Extra Space Storage Inc compare 3.57%
LINE Lineage, Inc. compare −0.88%
REXR Rexford Industrial Realty, Inc. compare −4.00%
Reit Industrial industry median 3.98%
Real Estate sector median 0.92%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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