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.
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Public Storage (PSA) Return on invested capital
Public Storage's return on invested capital over the twelve months to 30 June 2026 was 7.20%, down 0.1 percentage points from fiscal 2025 (7.25%). Over the past ten years it has ranged from 6.57% (fiscal 2021) to 8.93% (fiscal 2017); the current reading is higher than 18% of that period. That is above the Reit Industrial industry median of 2.92% and above the Real Estate sector median of 2.03%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 7.25% | (0.05) |
| FY2024 | 7.30% | (0.31) |
| FY2023 | 7.61% | (0.62) |
| FY2022 | 8.23% | 1.66 |
| FY2021 | 6.57% | (1.55) |
| FY2020 | 8.12% | (0.55) |
| FY2019 | 8.67% | 0.00 |
| FY2018 | 8.67% | (0.26) |
| FY2017 | 8.93% | 0.03 |
| FY2016 | 8.90% | 0.72 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| PSA Public Storage | 7.20% |
| CUBE CubeSmart compare | 4.67% |
| FR First Industrial Realty Trust, Inc. compare | 3.71% |
| EGP EastGroup Properties, Inc. compare | 3.70% |
| PLD Prologis, Inc. compare | 3.38% |
| EXR Extra Space Storage Inc compare | 3.25% |
| TRNO Terreno Realty Corporation compare | 2.42% |
| REXR Rexford Industrial Realty, Inc. compare | 2.19% |
| LINE Lineage, Inc. compare | 0.74% |
| Reit Industrial industry median | 2.92% |
| Real Estate sector median | 2.03% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on PSA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement