Public Storage
PSA Real Estate Reit Industrial
Public Storage’s revenue for fiscal 2025 (year ended December 2025) was $4.8 billion, up 2.74% from fiscal 2024. In the quarter to June 2026, revenue grew 2.65%, EPS grew 45.5%, free cash flow was flat and total debt fell 2.49%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for ten.
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Public Storage (PSA) EV/FCF
As of 16 October 2026, Public Storage (PSA) trades at a EV/FCF of 24.3×. Over the past ten years it has ranged from 18.7× (March 2020) to 39.0× (April 2022); the current reading is higher than 36% of that period.
EV/FCF, daily
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Annual newest first
| Period | EV/FCF | Change |
|---|---|---|
| FY2025 | 21.6× | (16.80%) |
| FY2024 | 25.9× | (1.58%) |
| FY2023 | 26.3× | 13.35% |
| FY2022 | 23.2× | (36.22%) |
| FY2021 | 36.4× | 42.97% |
| FY2020 | 25.5× | 4.46% |
| FY2019 | 24.4× | 5.54% |
| FY2018 | 23.1× | (5.70%) |
| FY2017 | 24.5× | (0.36%) |
| FY2016 | 24.6× | (17.40%) |
Quarterly newest first
| Period | EV/FCF | Change |
|---|---|---|
| Jun 2026 | 25.6× | 14.18% |
| Mar 2026 | 22.4× | 4.07% |
| Dec 2025 | 21.6× | (7.28%) |
| Sep 2025 | 23.3× | (4.37%) |
| 42 more quarters | Free account |
Against its own ten years
EV/FCF against peers
| Company | EV/FCF |
|---|---|
| TRNO Terreno Realty Corporation compare | −11.3× |
| CUBE CubeSmart compare | 24.2× |
| PSA Public Storage | 24.3× |
| EXR Extra Space Storage Inc compare | 32.3× |
| LINE Lineage, Inc. compare | 45.4× |
| REXR Rexford Industrial Realty, Inc. compare | 50.5× |
| PLD Prologis, Inc. compare | 52.0× |
| FR First Industrial Realty Trust, Inc. compare | 98.9× |
| EGP EastGroup Properties, Inc. compare | 15,709× |
What EV/FCF is
EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))
More on PSA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement