Public Storage (STU:PUP) FCF Margin %: 51.35% (As of Mar. 2026) — 20% Below Median


STU:PUP Public Storage STU:PUP
87 GF Score
Price €281.20
GF Value €269.35
! 5 Warning Signs
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What is Public Storage FCF Margin %?

Public Storage STU:PUP +0.61% 87 FCF Margin % is 51.35% as of Mar. 2026, which is 20% below its 10-year median of 63.90. GuruFocus rates STU:PUP with a GF Score™ of 87/100 and a GF Value™ of €269.35. The stock has 5 warning signs investors should review. Among 936 REITs companies, Public Storage ranks better than 68.8% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Public Storage's Free Cash Flow for the three months ended in Mar. 2026 was €541 Mil. Public Storage's Revenue for the three months ended in Mar. 2026 was €1,053 Mil. Therefore, Public Storage's FCF Margin % for the quarter that ended in Mar. 2026 was 51.35%.

As of today, Public Storage's current FCF Yield % is 5.11%.

The historical rank and industry rank for Public Storage's FCF Margin % or its related term are showing as below:

STU:PUP' s FCF Margin % Range Over the Past 10 Years
Min: 57.68   Med: 63.9   Max: 69.67
Current: 59.18


During the past 13 years, the highest FCF Margin % of Public Storage was 69.67%. The lowest was 57.68%. And the median was 63.90%.

STU:PUP's FCF Margin % is ranked better than
68.8% of 936 companies
in the REITs industry
Industry Median: 40.025 vs STU:PUP: 59.18


Public Storage FCF Margin % Related Terms


Public Storage FCF Margin % Historical Data

* Premium members only.

The historical data trend for Public Storage's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Public Storage FCF Margin % Chart

Public Storage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.55 63.54 61.66 57.68 60.05

Public Storage Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.69 68.05 65.29 52.11 51.35

STU:PUP vs EXR, EGP, LINE: FCF Margin % Comparison

For the REIT - Industrial subindustry, Public Storage's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Public Storage FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Public Storage's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Public Storage's FCF Margin % falls into.


STU:PUP
87GF Score
Public Storage STU:PUP
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Public Storage FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Public Storage's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2474.098/4119.793
=60.05 %

Public Storage's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=540.879/1053.346
=51.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 51.35% mean?
Public Storage (STU:PUP) has a FCF Margin % of 51.35% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Public Storage and its competitors. This is 20% below median its historical median of 63.90. Over the past decade, Public Storage's FCF Margin % has ranged from 57.68 to 69.67. According to the industry distribution chart, Public Storage ranks #292 out of 936 companies in the REITs industry, placing it in the top 31.2%.
Is Public Storage's FCF Margin % too high?
Public Storage's current FCF Margin % of 51.35% is 20% below median its 10-year median of 63.90. Over the past 10 years, this metric has ranged from a low of 57.68 to a high of 69.67. The REITs industry median FCF Margin % is 40.03. Public Storage's value of 51.35% is 28.3% above this industry median. Based on the distribution chart, Public Storage ranks #292 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, Public Storage has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Public Storage's FCF Margin % compare to EXR and EGP?
According to the REITs industry distribution chart, Public Storage ranks #292 out of 936 companies for FCF Margin %. This puts Public Storage in the upper half of its industry. The industry median FCF Margin % is 40.03. Public Storage's value of 51.35% is 28.3% above this benchmark. Historically, Public Storage's own FCF Margin % has ranged from 57.68 to 69.67 over the past decade. While the company's 10-year median is 63.90 vs. the industry median of 40.03, Public Storage has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 936 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Public Storage's current FCF Margin % of 51.35% is 28.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Public Storage and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Public Storage's current FCF Margin % is 51.35%, which is 20% below median its own 10-year median of 63.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Public Storage stock overvalued right now?
Public Storage (STU:PUP) has a current FCF Margin % of 51.35%. The stock's GF Value™ is €269.35, compared to a current price of €281.20 — trading 4.4% above its estimated fair value. The current FCF Margin % is 51.35%, which is 20% below median its 10-year median of 63.90 and 28.3% above the REITs industry median of 40.03. Public Storage's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Public Storage (STU:PUP), the current FCF Margin % is 51.35% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Public Storage (STU:PUP) Overvalued in 2026?

Based on GuruFocus' analysis, Public Storage stock appears to be overvalued. The current stock price of €281.20 is trading 4.4% above its estimated GF Value™ of €269.35.

Key valuation signals for STU:PUP:

  • FCF Margin %: 51.35% (20% below median its 10-year median of 63.90)
  • GF Value™: €269.35 vs. price of €281.20 (4.4% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 28.3% above the REITs median (#292 of 936)

No single metric tells the full story. See the STU:PUP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Public Storage Business Description

Industry Real EstateREITs
Address 2811 Internet Boulevard, Frisco, TX, USA, 75034
Public Storage is the largest owner of self-storage facilities in the US, with more than 3,500 self-storage facilities in 40 states and approximately 258 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.
87GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€281.20
Price
€269.35
GF Value