Operating CF
$3.18B
Capex
−$111.59M
Free Cash Flow
$3.06B
FCF Margin
+96.5%
Cash flow waterfall for Public Storage (PSA) — TTM through Q1 2026
Free cash flow: $3.06B
Note: Other Investing is large — driven mainly by acquisitions and investment activity.
Cash flow breakdown for Public Storage (PSA) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $3.18B | $3.18B |
| Capital Expenditure | −$111.59M | $3.06B |
| Free Cash Flow | $3.06B | $3.06B |
| Other Investing | −$1.43B | $1.63B |
| Dividends Paid | −$2.88B | −$1.25B |
| Net Debt Change | $529.90M | −$723.71M |
| Other Financing & FX | $571.14M | −$152.57M |
| Net Cash Decrease | −$152.57M | −$152.57M |
- Operating Cash Flow$3.18B
- Capital Expenditure−$111.59M
- Free Cash Flow$3.06B
- Other Investing−$1.43B
- Dividends Paid−$2.88B
- Net Debt Change$529.90M
- Other Financing & FX$571.14M
- Net Cash Decrease−$152.57M
Want to see what drove the FCF change?Free Cash Flow Bridge
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