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. In the quarter to June 2026, revenue grew 2.65%, EPS grew 45.5%, free cash flow was flat and total debt fell 2.49%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for ten.

298.27 2.94 +1.00%
Market cap
$55.2B
P/E
28.4×
Fwd P/E
30.0×
Dividend yield
4.02%
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 June 2026 was 9.08%, up 1.1 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 3.45% and above the Real Estate sector median of 1.16%.

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 9.08%
TRNO Terreno Realty Corporation compare 7.23%
FR First Industrial Realty Trust, Inc. compare 6.48%
EGP EastGroup Properties, Inc. compare 5.69%
CUBE CubeSmart compare 5.03%
PLD Prologis, Inc. compare 4.21%
EXR Extra Space Storage Inc compare 3.25%
LINE Lineage, Inc. compare −0.88%
REXR Rexford Industrial Realty, Inc. compare −3.24%
Reit Industrial industry median 3.45%
Real Estate sector median 1.16%
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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