Free Cash Flow for Public Storage (PSA)
Free Cash Flow for Public Storage (PSA): headline value $3.09B · YoY +7.0%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
$3.09B
YoY change
+7.0%
5Y CAGR
+9.1%
Peak year (2025)
$2.90B
Latest annual
$2.90B
Free Cash Flow history chart for Public Storage (PSA) from 1986 to 2025
Free Cash Flow history table for Public Storage (PSA) from 1986 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $2.90B | +7.0% | ||
| 2024 | $2.71B | -2.8% | ||
| 2023 | $2.79B | +4.8% | ||
| 2022 | $2.66B | +16.9% | ||
| 2021 | $2.27B | +21.4% | ||
| 2020 | $1.87B | -0.4% | ||
| 2019 | $1.88B | -2.2% | ||
| 2018 | $1.92B | +3.8% | ||
| 2017 | $1.85B | +16.2% | ||
| 2016 | $1.59B | +9.6% | ||
| 2015 | $1.45B | +5.3% | ||
| 2014 | $1.38B | +8.7% | ||
| 2013 | $1.27B | +5.2% | ||
| 2012 | $1.21B | +8.3% | ||
| 2011 | $1.11B | +11.6% | ||
| 2010 | $998.96M | -4.9% | ||
| 2009 | $1.05B | +5.0% | ||
| 2008 | $1.00B | +31.1% | ||
| 2007 | $763.40M | +59.9% | ||
| 2006 | $477.47M | +55.4% | ||
| 2005 | $307.18M | -48.4% | ||
| 2004 | $595.32M | +8.7% | ||
| 2003 | $547.92M | -7.3% | ||
| 2002 | $591.28M | +9.8% | ||
| 2001 | $538.53M | +313.9% | ||
| 2000 | $130.12M | +9.9% | ||
| 1999 | $118.39M | -18.7% | ||
| 1998 | $145.61M | -987.8% | ||
| 1997 | -$16.40M | -16.8% | ||
| 1996 | -$19.70M | -621.3% | ||
| 1995 | $3.78M | -117.1% | ||
| 1994 | -$22.16M | +60.6% | ||
| 1993 | -$13.80M | -166.3% | ||
| 1992 | $20.80M | -4.1% | ||
| 1991 | $21.70M | +61.9% | ||
| 1990 | $13.40M | +30.1% | ||
| 1989 | $10.30M | -21.4% | ||
| 1988 | $13.10M | -10.9% | ||
| 1987 | $14.70M | +16.7% | ||
| 1986 | $12.60M | — |
Free Cash Flow values are taken from Public Storage's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Public Storage (PSA) free cash flow is $2.90B – grew 7.0% year-over-year.
Across 2020–2025 (5 years), Public Storage free cash flow produced a CAGR of +9.1% – with the latest reading among the more recent periods of the dataset.
Across the available history, free cash flow reached its high of $2.90B in 2025 and its low of -$22.16M in 1994.
Within Real Estate, Public Storage (PSA) ranks 5th among 8 peers we track. The peer median for free cash flow is $3.21B.
Public Storage Free Cash Flow by Year
Public Storage Free Cash Flow 2025: $2.90B
Public Storage free cash flow in 2025 was $2.90B, grew 7.0% from 2024. This figure represents the highest annual value in the available history.
Public Storage Free Cash Flow 2024: $2.71B
Public Storage free cash flow in 2024 was $2.71B, edged down 2.8% below 2023.
Public Storage Free Cash Flow 2023: $2.79B
Public Storage free cash flow in 2023 was $2.79B, edged up 4.8% from 2022.
Public Storage Free Cash Flow 2022: $2.66B
Public Storage free cash flow in 2022 was $2.66B, grew 16.9% from 2021.
Public Storage Free Cash Flow 2021: $2.27B
Public Storage free cash flow in 2021 was $2.27B.
See more financial history for Public Storage (PSA).
Sector peers — Free Cash Flow
Companies in the same sector as Public Storage, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | $5.01B | Real Estate |
| Realty Income Corporation (O) | $3.86B | Real Estate |
| American Tower Corporation (AMT) | $3.78B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.57B | Real Estate |
| Welltower Inc. (WELL) | $2.85B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $2.41B | Real Estate |
| CBRE Group, Inc. (CBRE) | $1.19B | Real Estate |
| Equinix, Inc. (EQIX) | -$400.00M | Real Estate |
Frequently asked questions
What is Public Storage's free cash flow?
Latest reported free cash flow for Public Storage (PSA) is $3.09B (period ending December 31, 2025).
How has Public Storage free cash flow changed year-over-year?
Public Storage (PSA) free cash flow changed +7.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Public Storage free cash flow?
Public Storage (PSA) free cash flow compound annual growth rate is +9.1% over the most recent 5 years available.
When did Public Storage free cash flow hit its highest annual value?
Public Storage free cash flow reached its highest annual value of $2.90B in 2025.
What was Public Storage free cash flow in 2024?
Public Storage (PSA) free cash flow in 2024 was $2.71B.
What was Public Storage free cash flow in 2025?
Public Storage (PSA) free cash flow in 2025 was $2.90B.
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