Public Storage (PSA) Return on equity 2016–2025
Public Storage (PSA) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
19.3%FY2025 · since FY2016: 15.4% → 19.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 19.3% | -2.0 pp |
| FY2024 | 21.3% | -0.1 pp |
| FY2023 | 21.5% | -21.7 pp |
| FY2022 | 43.2% | +22.3 pp |
| FY2021 | 20.9% | +5.1 pp |
| FY2020 | 15.9% | -0.9 pp |
| FY2019 | 16.8% | -2.0 pp |
| FY2018 | 18.8% | +2.6 pp |
| FY2017 | 16.1% | +0.7 pp |
| FY2016 | 15.4% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice