Public Storage (PSA) — Free Cash Flow Yield

Real Estate

Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At March 31, 2026, we: (i) owned and/or operated 3,546 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext Brussels: SHUR), which owned 333 self-storage facilities located in seven Western European countries with approximately 19 million net rentable square feet operated under the Shurgard brand. Public Storage was incorporated in 1972 in Maryland.

MetricValue
FCF Yield5.6%
Real Estate Sector Avg FCF Yield3.8%
Annual Free Cash Flow$2.9B
Market Cap$51.3B
P/E Ratio30.2x

Public Storage's FCF yield of 5.6% is above the Real Estate sector average (3.8%).

Data from public filings. Not investment advice. Calculate your own FCF yield →