Public Storage PSA Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Net margin | 37%-7.1pp | 44.1%-3.4pp | 47.6%-56.4pp | 104%+46.8pp | |
| EBITDA margin | 66.9%-7.8pp | 74.7%+0.7pp | 74%-55.3pp | 129.2%+48.0pp | |
| Returns | |||||
| Return on equity | 18.8%-2.2pp | 21%-0.4pp | 21.4%-23.4pp | 44.8%+23.0pp | |
| Return on assets | 8.9%-1.5pp | 10.5%-1.0pp | 11.5%-13.4pp | 24.9%+11.5pp | |
| Return on invested capital | 11%-1.7pp | 12.7%-0.8pp | 13.5%-14.4pp | 27.9%+12.7pp | |
| Efficiency | |||||
| Asset turnover | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Leverage | |||||
| Debt-to-equity | 1.1×+0.1× | 1×+0.1× | 0.9×+0.2× | 0.7×-0.1× | |
| Debt-to-assets | 0.5×0.0× | 0.5×0.0× | 0.5×+0.1× | 0.4×0.0× | |
| Net debt / EBITDA | 3.1×+0.5× | 2.5×-0.1× | 2.6×+1.5× | 1.1×-1.3× | |
| Interest coverage | 6.8×-1.5× | 8.3×-3.5× | 11.8×-21.3× | 33.1×+10.4× | |
| Per Share | |||||
| Book value per share | $52.58-4.7% | $55.17-2.9% | $56.85-0.5% | $57.14+7.5% | |
| Valuation | |||||
| Market capitalization | $45.53B-13.2% | $52.46B-2.1% | $53.58B+8.9% | $49.21B-25.1% | |
| Enterprise value | $55.47B-9.6% | $61.36B-1.5% | $62.31B+12.7% | $55.31B-23.6% | |
| Price / earnings | 25.5×+0.2× | 25.3×+0.4× | 24.9×+13.6× | 11.3×-22.3× | |
| Price / sales | 9.4×-1.7× | 11.2×-0.7× | 11.9×+0.1× | 11.8×-7.5× | |
| Price / book | 4.9×-0.5× | 5.4×0.0× | 5.4×+0.5× | 4.9×-2.2× | |
| EV / EBITDA | 17.2×-0.3× | 17.5×-1.1× | 18.6×+8.4× | 10.2×-15.9× | |
| EV / sales | 11.5×-1.6× | 13.1×-0.7× | 13.8×+0.6× | 13.2×-8.0× | |
| Earnings yield | 3.9%0.0pp | 3.9%-0.1pp | 4%-4.8pp | 8.8%+5.9pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Public Storage's profit margins?
- Public Storage (PSA) runs a 72.0% gross margin and a 51.6% operating margin, with a 39.2% net margin.
- Where do Public Storage's ratios come from?
- Every ratio is computed from Public Storage's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
