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Public Storage PSA Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Net margin37%-7.1pp44.1%-3.4pp47.6%-56.4pp104%+46.8pp
EBITDA margin66.9%-7.8pp74.7%+0.7pp74%-55.3pp129.2%+48.0pp
Returns
Return on equity18.8%-2.2pp21%-0.4pp21.4%-23.4pp44.8%+23.0pp
Return on assets8.9%-1.5pp10.5%-1.0pp11.5%-13.4pp24.9%+11.5pp
Return on invested capital11%-1.7pp12.7%-0.8pp13.5%-14.4pp27.9%+12.7pp
Efficiency
Asset turnover0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Leverage
Debt-to-equity1.1×+0.1×+0.1×0.9×+0.2×0.7×-0.1×
Debt-to-assets0.5×0.0×0.5×0.0×0.5×+0.1×0.4×0.0×
Net debt / EBITDA3.1×+0.5×2.5×-0.1×2.6×+1.5×1.1×-1.3×
Interest coverage6.8×-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 / earnings25.5×+0.2×25.3×+0.4×24.9×+13.6×11.3×-22.3×
Price / sales9.4×-1.7×11.2×-0.7×11.9×+0.1×11.8×-7.5×
Price / book4.9×-0.5×5.4×0.0×5.4×+0.5×4.9×-2.2×
EV / EBITDA17.2×-0.3×17.5×-1.1×18.6×+8.4×10.2×-15.9×
EV / sales11.5×-1.6×13.1×-0.7×13.8×+0.6×13.2×-8.0×
Earnings yield3.9%0.0pp3.9%-0.1pp4%-4.8pp8.8%+5.9pp

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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.