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.
- Revenue
- +11.6%
- EPS
- −21.9%
- Free cash flow
- −19.3%
- Total debt
- +21.4%
Quarter to September 2026, against a year earlier
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Public Storage (PSA) Price to free cash flow
As of 5 November 2026, Public Storage (PSA) trades at a price to free cash flow of 25.5×. Over the past ten years it has ranged from 17.3× (October 2023) to 35.7× (April 2022); the current reading is higher than 75% of that period. That is below the Reit Industrial industry median of 27.4× and above the Real Estate sector median of 12.3×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 17.6× | (20.16%) |
| FY2024 | 22.0× | (2.44%) |
| FY2023 | 22.6× | 10.24% |
| FY2022 | 20.5× | (37.67%) |
| FY2021 | 32.9× | 37.41% |
| FY2020 | 23.9× | 2.90% |
| FY2019 | 23.3× | 4.54% |
| FY2018 | 22.2× | (5.89%) |
| FY2017 | 23.6× | (2.59%) |
| FY2016 | 24.3× | (17.49%) |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Sep 2026 | 21.3× | (1.60%) |
| Jun 2026 | 21.7× | 17.23% |
| Mar 2026 | 18.5× | 4.96% |
| Dec 2025 | 17.6× | (9.30%) |
| 43 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| FR First Industrial Realty Trust, Inc. compare | n/m |
| TRNO Terreno Realty Corporation compare | n/m |
| CUBE CubeSmart compare | 20.4× |
| PSA Public Storage | 25.5× |
| LINE Lineage, Inc. compare | 27.4× |
| EXR Extra Space Storage Inc compare | 31.9× |
| REXR Rexford Industrial Realty, Inc. compare | 32.0× |
| PLD Prologis, Inc. compare | 44.9× |
| EGP EastGroup Properties, Inc. compare | 517× |
| Reit Industrial industry median | 27.4× |
| Real Estate sector median | 12.3× |
| Market median | 14.1× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
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
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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