PSA
Public Storage
NYSE: PSA · REAL ESTATE · REIT - INDUSTRIAL
$302.45
+2.84% today
Updated 2026-04-30
Market cap
$53.09B
P/E ratio
31.24
P/S ratio
10.90x
EPS (TTM)
$9.68
Dividend yield
4.08%
52W range
$254 – $314
Volume
1.2M
Public Storage (PSA) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $775.40M | $1.03B | $1.08B | $1.11B | $1.09B | $1.20B | $1.29B | $1.43B | $1.60B | $1.75B | $1.95B | $1.97B | $2.06B | $2.07B | $2.04B | $2.54B | $3.12B | $3.25B | $3.13B | $3.19B |
| Capital expenditures | $297.93M | $264.21M | $76.31M | $62.35M | $94.26M | $88.94M | $78.42M | $159.91M | $222.53M | $294.07M | $351.35M | $120.59M | $140.98M | $187.31M | $170.00M | $270.24M | $459.77M | $461.14M | $420.02M | $289.38M |
| Depreciation | $437.57M | $622.89M | $414.20M | $342.13M | $354.39M | $358.52M | $358.10M | $387.40M | $437.11M | $426.01M | $433.31M | $454.53M | $483.65M | $512.92M | $553.26M | $713.43M | $888.15M | $970.06M | $1.13B | $1.15B |
| Stock-based comp | — | $-7.86M | $-22.98M | — | — | — | $24.31M | $28.41M | $29.54M | $32.57M | $37.48M | $37.55M | $69.94M | $25.83M | $33.36M | $59.81M | $56.70M | $41.57M | $44.75M | $39.90M |
| Free cash flow | $477.47M | $763.40M | $1.00B | $1.05B | $998.96M | $1.11B | $1.21B | $1.27B | $1.38B | $1.45B | $1.59B | $1.85B | $1.92B | $1.88B | $1.87B | $2.27B | $2.66B | $2.79B | $2.71B | $2.90B |
| Investing cash flow | $-495.89M | $-261.88M | $340.02M | $-91.41M | $-266.61M | $-81.36M | $-290.46M | $-1.41B | $-198.33M | $-456.13M | $-699.11M | $-737.06M | $-515.92M | $-897.36M | $-1.12B | $-5.56B | $1.12B | $-3.54B | $-1.00B | $-1.69B |
| Financing cash flow | $-228.09M | $-1.06B | $-984.08M | $-938.40M | $-1.13B | $-1.44B | $-1.12B | $-16.16M | $-1.24B | $-1.39B | $-1.15B | $-992.22M | $-1.62B | $-1.12B | $-1.08B | $3.50B | $-4.19B | $-112.93M | $-2.08B | $-1.63B |
| Dividends paid | $533.86M | $619.79M | $755.29M | $651.64M | $754.77M | $846.25M | $959.15M | $1.09B | $1.20B | $1.37B | $1.51B | $1.63B | $1.61B | $1.61B | $1.61B | $1.59B | $3.91B | $2.31B | $2.30B | $2.30B |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | $-306.09M | — | $-122.11M | $1.79M | $168.35M | $-83.11M | $79.78M | $243.48M | $-72.03M | $49.53M | $-150.95M | $478.69M | $43.87M | — | — | — |