Public Storage PSA

287.97 3.41 1.20% as of 25 Sep
Market cap
$53.2B
P/E
27.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Public Storage (PSA) Price to free cash flow

As of 25 September 2026, Public Storage (PSA) trades at a price to free cash flow of 19.6×. Over the past ten years it has ranged from 17.3× (October 2023) to 35.7× (April 2022); the current reading is higher than 7% of that period. That is below the Reit Industrial industry median of 21.4× and above the Real Estate sector median of 12.1×.

Price to free cash flow, daily

Annual

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

Period Price to free cash flow Change
Jun 2026 21.7× 17.23%
Mar 2026 18.5× 4.96%
Dec 2025 17.6× (9.30%)
Sep 2025 19.4× (5.25%)
42 more quarters

Against its own ten years

Low 17.3× High 35.7×
Ten-year median 23.5×
Current reading's percentile 7

Price to free cash flow against peers

Company Price to free cash flow
TRNO Terreno Realty Corporation compare n/m
CUBE CubeSmart compare 16.9×
PSA Public Storage 19.6×
EXR Extra Space Storage Inc compare 21.4×
LINE Lineage, Inc. compare 25.1×
REXR Rexford Industrial Realty, Inc. compare 36.9×
PLD Prologis, Inc. compare 42.5×
FR First Industrial Realty Trust, Inc. compare 78.3×
EGP EastGroup Properties, Inc. compare 14,029×
Reit Industrial industry median 21.4×
Real Estate sector median 12.1×
Market median 14.0×

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)))

The full definition of Price to free cash flow →

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