Public Storage (PSA) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), Public Storage had a P/E ratio of 28.72 (up from 28.01), return on equity of 18.8% (down from 20.9%), debt-to-equity of 1.10 (up from 0.95) and a current ratio of 0.27 (down from 0.37). A current ratio of 0.27 means current liabilities exceed current assets. Its dividend yield was 4.63% with a payout ratio of 129.1%.

Public Storage Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income Statement Balance Sheet Cash Flow Ratios

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Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Valuation Ratios
P/E Ratio	28.72	28.01	27.52	11.88	37.91	36.76
P/S Ratio	9.42	11.12	11.80	11.47	18.00	13.48
P/B Ratio	4.87	5.34	5.31	4.84	6.97	4.55
Price/Tangible Book	9.80	10.32	10.16	8.96	13.32	8.85
Price/OCF	14.29	16.77	16.52	15.79	25.82	19.76
Enterprise Value Ratios
EV/Revenue	12.36	13.95	14.62	13.88	20.43	15.44
EV/EBITDA	17.53	19.72	20.13	18.94	28.25	22.57
EV/EBIT	26.49	29.83	28.50	26.39	38.72	30.93
Profitability & Returns
Return on Equity (ROE)	18.76%	20.93%	21.31%	44.58%	21.42%	15.16%
Return on Assets (ROA)	7.05%	6.97%	7.80%	8.07%	8.24%	8.06%
Return on Invested Capital (ROIC)	11.62%	11.47%	12.80%	13.24%	13.51%	13.35%
Leverage & Solvency Ratios
Debt/Equity	1.10	0.95	0.90	0.68	0.79	0.29
Debt/EBITDA	3.03	2.80	2.76	2.19	2.83	1.24
Liquidity Ratios
Current Ratio	0.27	0.37	0.28	1.56	0.78	0.72
Quick Ratio	0.19	0.36	0.26	1.51	0.75	0.65
Efficiency Ratios
Asset Turnover	0.24	0.24	0.24	0.25	0.25	0.26
Yield & Distribution Ratios
Earnings Yield	3.92%	3.95%	4.01%	8.84%	2.97%	3.36%
Dividend Yield	4.63%	4.01%	3.93%	2.85%	2.13%	4.29%
Payout Ratio	129.09%	111.10%	107.31%	89.87%	81.35%	118.36%
Buyback Yield	0.08%	0.06%	0.08%	-0.41%	-0.53%	-0.06%
Total Return	4.70%	4.07%	4.01%	2.44%	1.60%	4.23%

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Public Storage Financial Ratios

What is Public Storage's P/E ratio?

Public Storage's P/E ratio was 28.72 for fiscal 2025 (period ended Dec 31, 2025). It was 28.01 a year earlier.

What is Public Storage's return on equity?

Public Storage's return on equity (ROE) was 18.8% for fiscal 2025 (period ended Dec 31, 2025). It was 20.9% a year earlier.

What is Public Storage's debt-to-equity ratio?

Public Storage's debt-to-equity ratio was 1.10 for fiscal 2025 (period ended Dec 31, 2025). It was 0.95 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition