Public Storage (PSA) Return on Invested Capital [ROIC] (2023 - 2026)
Public Storage (PSA) posted Return on Invested Capital [ROIC] of 7.86% for Q3 2026, down 3.00 percentage points from 10.86% a year earlier and down 2.58 percentage points from the prior quarter.
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Analysis
Public Storage (PSA) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2025, Public Storage's Return on Invested Capital [ROIC] came in at 10.81%, down 1.55 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has declined for three consecutive years, with a four-year change of -3.86 percentage points (FY2021 to FY2025).
- In prior years, Public Storage's Return on Invested Capital [ROIC] was 12.36% in FY2024 (-0.67 pp), 13.02% in FY2023 (-13.56 pp), 26.59% in FY2022 (+11.92 pp) and 14.67% in FY2021.
- The Q3 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2023.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last seven quarters, with an average year-over-year change of -1.14 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q4 2024, with a gain of 0.09 percentage points; the weakest was Q3 2026, with a drop of 3.00 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 10.44% (Q2 2026), 10.58% (Q1 2026) and 10.41% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn | -3.39% |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - | 4.98% |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - | 9.59% |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - | 7.86% |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - | 3.56% |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - | 3.05% |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn | 5.30% |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn | 6.86% |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 6.19% |
| 10 | Essex Property Trust | 17.52 Bn | 17.27 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.86% |
| Jun 30, 2026 | 10.44% |
| Mar 31, 2026 | 10.58% |
| Dec 31, 2025 | 10.41% |
| Sep 30, 2025 | 10.86% |
| Jun 30, 2025 | 11.05% |
| Mar 31, 2025 | 11.78% |
| Dec 31, 2024 | 12.37% |
| Sep 30, 2024 | 11.41% |
| Jun 30, 2024 | 12.31% |
| Mar 31, 2024 | 12.44% |
| Dec 31, 2023 | 12.28% |
API Access
Public Storage Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=PSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "PSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();