Public Storage Financial Ratios
NYSE: PSAReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Public Storage ratio analysis
Public Storage earned a net margin of 37.0% in FY 2025, down from 44.1% a year earlier. Return on equity reached 19.3%, meaning Public Storage generated 0.19 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 1.11 versus 0.96 the year before.
At the end of FY 2025, PSA traded at 28.7 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 11.9 to 37.9, with a median of 29.0. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Public Storage financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 28.68 | 28.24 | 27.58 | 11.92 | 37.95 | 36.71 | 29.31 | 23.02 | 31.05 | 32.82 |
| Price / sales | 9.40 | 11.22 | 11.85 | 11.74 | 19.17 | 13.82 | 13.05 | 12.39 | 13.60 | 15.11 |
| Price / book | 4.90 | 5.42 | 5.34 | 4.87 | 7.02 | 4.71 | 4.11 | 3.75 | 4.06 | 4.11 |
| Gross margin | — | — | — | — | — | — | — | 73.0% | 73.5% | 73.9% |
| Operating margin | — | — | — | — | — | — | — | — | 53.3% | 53.7% |
| Net margin | 37.0% | 44.1% | 47.6% | 104.0% | 57.2% | 46.6% | 53.3% | 62.0% | 54.0% | 56.8% |
| Free cash flow margin | 59.6% | 59.7% | 63.8% | 67.0% | 66.2% | 70.1% | 65.9% | 69.7% | 69.4% | 72.8% |
| Return on equity (ROE) | 19.3% | 21.3% | 21.5% | 43.2% | 20.9% | 15.9% | 16.8% | 18.8% | 16.1% | 15.4% |
| Return on assets (ROA) | 8.8% | 10.5% | 10.8% | 24.8% | 11.2% | 11.5% | 13.4% | 15.7% | 13.4% | 14.3% |
| Debt / equity | 1.11 | 0.96 | 0.91 | 0.68 | 0.80 | 0.30 | 0.21 | 0.15 | 0.16 | 0.04 |
| Revenue growth | 2.7% | 3.9% | 8.0% | 22.4% | 17.2% | 2.1% | 3.5% | 3.4% | 4.2% | 7.5% |
| EPS growth | -15.3% | -3.8% | -52.9% | 138.1% | 56.9% | -13.7% | -14.6% | 26.9% | -1.2% | 12.2% |