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.
| Metric | Value |
|---|---|
| FCF Yield | 5.6% |
| Real Estate Sector Avg FCF Yield | 3.8% |
| Annual Free Cash Flow | $2.9B |
| Market Cap | $51.3B |
| P/E Ratio | 30.2x |
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 →