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.

Public Storage PSA Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Net margin	156.4%-19.9pp	176.3%-118pp	293.8%-39.3pp	333.1%+127pp
Returns
Return on equity	78%-4.7pp	82.7%-46.6pp	129.3%-10.0pp	139.3%+64.8pp
Return on invested capital	46%-5.8pp	51.7%-24.4pp	76.1%-19.6pp	95.7%—
Efficiency
Asset turnover	1×0.0×	1×0.0×	1×0.0×	1×0.0×
Leverage
Debt-to-equity	4.3×+0.5×	3.8×+0.7×	3.2×+0.3×	2.9×+0.5×
Net debt / EBITDA	11.6×+1.3×	10.3×+2.8×	7.5×+1.7×	5.8×—
Per Share
Book value per share	$213.17-3.7%	$221.38-3.1%	$228.36+1.3%	$225.47+10.8%
Valuation
Market capitalization	$200.57B-7.8%	$217.59B+6.6%	$204.07B-8.9%	$223.93B+4.8%
Price / earnings	107.6×+0.6×	107×+36.1×	70.9×-9.4×	80.3×-49.3×
Price / sales	42.1×-4.7×	46.8×+0.6×	46.2×-11.6×	57.8×-9.2×
Price / book	21.4×-1.0×	22.4×+2.1×	20.3×-2.3×	22.6×-1.3×
EV / EBITDA	72.5×-1.3×	73.8×+15.7×	58.2×-0.5×	58.6×—

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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.