Public Storage (STU:PUP) ROCE %: 12.74% (As of Mar. 2026)


STU:PUP Public Storage STU:PUP
87 GF Score
Price €281.20
GF Value €269.35
! 5 Warning Signs
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What is Public Storage ROCE %?

Public Storage STU:PUP +0.61% 87 ROCE % is 12.74% as of Mar. 2026. GuruFocus rates STU:PUP with a GF Score™ of 87/100 and a GF Value™ of €269.35. The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Public Storage's annualized ROCE % for the quarter that ended in Mar. 2026 was 12.74%.

Public Storage  (STU:PUP) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Public Storage ROCE % Related Terms

Public Storage ROCE % Historical Data

* Premium members only.

The historical data trend for Public Storage's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Public Storage ROCE % Chart

Public Storage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.00 27.47 12.91 12.64 10.21

Public Storage Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.96 8.66 12.03 11.83 12.74
STU:PUP
87GF Score
Public Storage STU:PUP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Public Storage ROCE % Calculation

Public Storage's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1788.531/( ( (18865.962 - 561.777) + (17258.148 - 523.407) )/ 2 )
=1788.531/( (18304.185+16734.741)/ 2 )
=1788.531/17519.463
=10.21 %

Public Storage's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2113.928/( ( (17258.148 - 523.407) + (17170.604 - 712.259) )/ 2 )
=2113.928/( ( 16734.741 + 16458.345 )/ 2 )
=2113.928/16596.543
=12.74 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 12.74% mean?
Public Storage (STU:PUP) has a ROCE % of 12.74% as of Mar. 2026.
Is Public Storage's ROCE % too high?
Public Storage's current ROCE % is 12.74%. The REITs industry median ROCE % is 5.19. Public Storage's value of 12.74% is 145.7% above this industry median. Overall, Public Storage has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Public Storage's ROCE % compare to EXR and EGP?
Public Storage's ROCE % of 12.74% can be compared against companies in the REITs industry. The industry median ROCE % is 5.19. Public Storage's value of 12.74% is 145.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a REITs company?
The median ROCE % among REITs companies is 5.19, based on 756 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Public Storage's current ROCE % of 12.74% is 145.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Public Storage's current ROCE % is 12.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Public Storage stock overvalued right now?
Public Storage (STU:PUP) has a current ROCE % of 12.74%. The stock's GF Value™ is €269.35, compared to a current price of €281.20 — trading 4.4% above its estimated fair value. The current ROCE % is 12.74% and 145.7% above the REITs industry median of 5.19. Public Storage's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Public Storage (STU:PUP), the current ROCE % is 12.74% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Public Storage (STU:PUP) Overvalued in 2026?

Based on GuruFocus' analysis, Public Storage stock appears to be overvalued. The current stock price of €281.20 is trading 4.4% above its estimated GF Value™ of €269.35.

Key valuation signals for STU:PUP:

  • ROCE %: 12.74%
  • GF Value™: €269.35 vs. price of €281.20 (4.4% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 145.7% above the REITs median

No single metric tells the full story. See the STU:PUP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Public Storage Business Description

Industry Real EstateREITs
Address 2811 Internet Boulevard, Frisco, TX, USA, 75034
Public Storage is the largest owner of self-storage facilities in the US, with more than 3,500 self-storage facilities in 40 states and approximately 258 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
87GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€281.20
Price
€269.35
GF Value