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Public Storage PSA Return on equity

Return on equity at other companies

Extra Space Storage logo
Extra Space StorageEXR
6.9%+0.5pp
Realty Income logo
Realty IncomeO
2.9%+0.4pp
Prologis logo
PrologisPLD
6.2%+0.3pp
AvalonBay Communities logo
AvalonBay CommunitiesAVB
9.8%+0.1pp
W.P. Carey Inc. logo
W.P. Carey Inc.WPC
6.2%+1.2pp
Northern Trust logo
Northern TrustNTRS
14.5%-3.2pp

Other financials

Income statement

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Revenue$1.2B+2.9%
Operating income$474.3M+2.2%
Net income$526.3M+29.0%
EPS (diluted)$2.71+32.8%

Balance sheet

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Cash & equivalents$134.6M-53.1%
Total equity$9.2B-3.6%
Total assets$19.9B+1.2%

Cash flow

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Operating cash flow$694.8M-1.5%

Valuation

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Market cap$54.88B-9.4%
P/E28.8×-1.9×
P/S11.3×-1.5×

Profitability

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Gross margin72%
Operating margin51.6%
Net margin39.2%-2.6pp

Returns & leverage

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Debt / equity1.1×+0.1×

Where this comes from

Calculated from Public Storage’s reported figures.

Based on trailing twelve months.

The official record: Public Storage’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Public Storage's return on equity?
Public Storage (PSA) reported return on equity of 20.3% in Q1 2026.
How has Public Storage's return on equity changed year-over-year?
Public Storage's return on equity increased by 0.3% year-over-year, from 20.2% to 20.3%.
What is the long-term trend for Public Storage's return on equity?
Over 4 years (2021 to 2025), Public Storage's return on equity has grown at a 1.2% compound annual growth rate (CAGR), from 74.4% to 78%.
What does return on equity mean?
How much profit the company earns on the money shareholders have invested.
How do you interpret return on equity?
Higher is better, but very high ROE can be manufactured by leverage — a thin equity base inflates the ratio. Read it next to debt-to-equity and ROIC to tell genuine returns from balance-sheet engineering.
How does return on equity compare across companies?
Comparable across peers, with the leverage caveat. Negative or near-zero equity makes ROE meaningless, so it is suppressed there.