Public Storage (PSA) /

The cash flow of Public Storage over the past 10 years

Chart Public Storage: operating cash flow, capital expenditures, free cash flow, fiscal 2016–2025 Open the chart →

In fiscal 2025, the latest fiscal year on file, Public Storage's operating cash flow was $3.19B and its capital expenditures $289.38M, leaving free cash flow of $2.9B. Free cash flow was above zero in all 10 years shown. It ranged from $1.59B in fiscal 2016 to $2.9B in fiscal 2025. Capital expenditures were highest in fiscal 2023, at $461.14M.

Year by year

Fiscal yearOperating cash flowCapital expendituresFree cash flow*
2025ended Dec 31, 2025$3.19B$289.38M*$2.9B
2024ended Dec 31, 2024$3.13B$420.02M*$2.71B
2023ended Dec 31, 2023$3.25B$461.14M*$2.79B
2022ended Dec 31, 2022$3.12B$459.77M*$2.66B
2021ended Dec 31, 2021$2.54B$270.24M*$2.27B
2020ended Dec 31, 2020$2.04B$170M$1.87B
2019ended Dec 31, 2019$2.07B$187.3M$1.88B
2018ended Dec 31, 2018$2.06B$140.98M$1.92B
2017ended Dec 31, 2017$1.97B$120.59M*$1.85B
2016ended Dec 31, 2016$1.95B$351.35M*$1.59B

Fiscal years as Public Storage reports them. * Calculated by us from the company's filed figures; — no figure on file. From SEC filings, updated nightly. How each line is read.

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Not investment advice. This page shows what Public Storage filed with the SEC. Nothing here is a recommendation about any security. Check important figures against the company's own filings.