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

336.63 3.87 −1.14%
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 equity

Alert me on Return on equity

Public Storage's return on equity over the twelve months to 30 September 2026 was 21.8%, down 8.5 percentage points from fiscal 2025 (30.3%). Over the past ten years it has ranged from 20.4% (fiscal 2015) to 74.8% (fiscal 2022); the current reading is higher than 64% of that period. That is above the Reit Industrial industry median of 7.37% and above the Real Estate sector median of 2.47%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 30.3% (3.05)
FY2024 33.4% (0.30)
FY2023 33.7% (41.14)
FY2022 74.8% 40.31
FY2021 34.5% 12.09
FY2020 22.4% (2.70)
FY2019 25.1% (4.48)
FY2018 29.6% 6.20
FY2017 23.4% 0.22
FY2016 23.2% 2.78

Against its own ten years

Low 20.4% High 74.8%
Ten-year median 29.6%
Current reading's percentile 64

Return on equity against peers

Company Return on equity
PSA Public Storage 21.8%
CUBE CubeSmart compare 13.0%
FR First Industrial Realty Trust, Inc. compare 12.7%
EGP EastGroup Properties, Inc. compare 8.93%
TRNO Terreno Realty Corporation compare 8.21%
EXR Extra Space Storage Inc compare 7.36%
PLD Prologis, Inc. compare 7.25%
LINE Lineage, Inc. compare −1.82%
REXR Rexford Industrial Realty, Inc. compare −5.82%
Reit Industrial industry median 7.37%
Real Estate sector median 2.47%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

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

The full definition of Return on equity →

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