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Annual · values202520242023202220212020201920182017201620152014
Operating Cash Flow3.19 B USD3.13 B USD3.25 B USD3.12 B USD2.54 B USD2.04 B USD2.07 B USD2.06 B USD1.98 B USD1.95 B USD1.75 B USD1.61 B USD
Depreciation & Amortization1.15 B USD1.13 B USD970.06 M USD888.15 M USD713.43 M USD553.26 M USD512.92 M USD483.65 M USD454.53 M USD433.31 M USD426.01 M USD437.11 M USD
Stock-Based Compensation39.90 M USD44.75 M USD41.57 M USD56.70 M USD59.81 M USD33.36 M USD25.83 M USD69.94 M USD37.55 M USD37.48 M USD32.57 M USD29.54 M USD
Capital Expenditures
Cash Flow from Investing-1.69 B USD-1.00 B USD-3.54 B USD1.12 B USD-5.56 B USD-1.12 B USD-897.36 M USD-513.78 M USD-739.85 M USD-699.11 M USD-456.13 M USD-213.00 M USD
Cash Flow from Financing-1.63 B USD-2.08 B USD-112.93 M USD-4.19 B USD3.50 B USD-1.08 B USD-1.12 B USD-1.62 B USD-992.22 M USD-1.15 B USD-1.39 B USD-1.23 B USD
Dividends Paid967.91 M USD
Stock Buybacks0 USD200.00 M USD0 USD0 USD
Free Cash Flow

Public Storage Common Stock represents ownership in Public Storage, a real estate investment trust specializing in self-storage facilities. The company focuses on acquiring, developing, owning, and operating properties that provide storage units to individuals and businesses for personal, household, and commercial use. Public Storage operates across multiple U.S. states and is recognized as one of the largest self-storage providers by rentable square footage, giving it broad geographic and customer diversification. Its core business is supported by additional services, including the sale of storage-related merchandise, third-party property management for other self-storage owners, and insurance products that help customers protect stored goods. These activities position Public Storage as a significant participant in the real estate sector, particularly within the storage-focused REIT segment. The company is headquartered in Frisco, Texas, and was founded in 1972, serving a wide range of customers who seek flexible, short- and long-term storage solutions.