---
title: Public Storage (PSA) — REIT card
canonical: https://sweetvaluelab.com/tools/reit-stocks/psa
ticker: PSA
property_type: Self storage
as_of: 2026-10-26
---
# Public Storage (PSA) — REIT card

Public Storage, a self storage REIT, trades at 18.3× trailing Cash FFO with a 3.9% dividend yield, 71.7% of Cash FFO; net debt is 3.7× EBITDA. Prices as of Oct 26, 2026; trailing-twelve-month figures through Sep 30, 2026.

## The card

| Figure | PSA | Self storage average (1) |
| --- | ---: | ---: |
| Price | $306.97 |  |
| Cash FFO (TTM) | $3.1B |  |
| Cash FFO per share | $16.74 |  |
| P/Cash FFO | 18.3× | 16.8× |
| P/E | 32.1 |  |
| Dividend per share (TTM) | $12.00 |  |
| Dividend yield | 3.9% | 4.5% |
| Yield spread over the 10-year | −1.1% |  |
| Cash FFO payout | 71.7% | 76.1% |
| Cash FFO growth (YoY) | −7.6% | −2.5% |
| Cash FFO CAGR (3y) | −2.2% |  |
| Net debt / EBITDA | 3.7× | 6.2× |
| Interest cover | 8.9× | 1.5× |
| Debt / assets | 39.4% |  |
| EBITDA margin | 61.6% | 64.6% |
| Market value | $56.8B |  |
| Enterprise value | $68.3B |  |

## Lights

No light is on.

---

Source: https://sweetvaluelab.com/tools/reit-stocks/psa (SweetValueLab, free, no account). Quarterly statements from Financial Modeling Prep, closes from the daily price cache; the engine's rules are on the board page. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.