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Public Storage PSA Invested capital

Discontinued — last reported Q4 '25

Invested capital at other companies

Oneok logo
OneokOKE
8.6%-0.2pp
Rithm Capital logo
Rithm CapitalRITM
3.2%0.0pp
Citigroup logo
CitigroupC
32.6%+2.0pp
Morgan Stanley logo
Morgan StanleyMS
16.9%+0.4pp
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
20.5%-0.7pp
American Express logo
American ExpressAXP
49.1%-10.0pp

Other financials

Income statement

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Revenue$1.2B+2.6%
Operating income$466.7M-6.7%
Net income$500.0M+39.5%
EPS (diluted)$2.55+44.9%

Balance sheet

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Cash & equivalents$259.9M-76.5%
Total debt$10.3B+9.6%
Total equity$9.2B-1.9%
Total assets$20.1B-2.1%

Cash flow

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Operating cash flow$868.4M-0.5%

Valuation

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Market cap$61.13B+23.8%
P/E30.1×+2.7×
P/S12.5×+2.1×

Profitability

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Gross margin72%
Operating margin51.6%
Net margin41.8%+3.7pp
FCF margin64.3%

Returns & leverage

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Return on equity22%+3.0pp
Debt / equity1.1×+0.1×

Where this comes from

Calculated from Public Storage’s reported figures.

The source filing: Public Storage’s 10-K, filed February 12, 2026. Open the filing →

Filed
Feb 12, 2026, 4:20 PM EST
Fiscal year
FY2025
Accession
0001628280-26-007696

FAQ

What is Public Storage's invested capital?
Public Storage (PSA) reported invested capital of $19.18B in Q4 2025.
How has Public Storage's invested capital changed year-over-year?
Public Storage's invested capital increased by 3.0% year-over-year, from $18.62B to $19.18B.
What is the long-term trend for Public Storage's invested capital?
Over 5 years (2020 to 2025), Public Storage's invested capital has grown at a 12.1% compound annual growth rate (CAGR), from $10.82B to $19.18B.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).

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