Public Storage (PSA) — Capital Reinvestment Ratio
Latest as of December 2025:
0.14x
Public Storage (PSA) has a Capital Reinvestment Ratio of 0.14x as of December 2025, meaning it reinvests 0% of its operating cash flow ($733.59 Million) in capital expenditures ($100.09 Million). See Public Storage free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.14x
Capex / Operating Cash Flow
Operating Cash Flow
$733.59 Million
USD
Capital Expenditures
$100.09 Million
USD
Data as of
Dec 2025
Most recent filing
Public Storage Capital Reinvestment Ratio (1989–2025)
This chart tracks Public Storage's Capital Reinvestment Ratio across 37 annual periods.
Annual Capital Reinvestment Ratio for Public Storage (1989–2025)
Year-by-year Capital Reinvestment Ratio for Public Storage from 1989 to 2025. For live market cap and broader valuation context, see Public Storage (PSA) total market value.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.09x | $3.19 Billion | $289.38 Million | ▼ -32.4% |
| 2024 | 0.13x | $3.13 Billion | $420.02 Million | ▼ -5.5% |
| 2023 | 0.14x | $3.25 Billion | $461.14 Million | ▼ -3.7% |
| 2022 | 0.15x | $3.12 Billion | $459.77 Million | ▲ +38.8% |
| 2021 | 0.11x | $2.54 Billion | $270.24 Million | ▲ +27.7% |
| 2020 | 0.08x | $2.04 Billion | $170.00 Million | ▼ -8.1% |
| 2019 | 0.09x | $2.07 Billion | $187.31 Million | ▲ +32.6% |
| 2018 | 0.07x | $2.06 Billion | $140.98 Million | ▲ +11.8% |
| 2017 | 0.06x | $1.97 Billion | $120.59 Million | ▼ -66.2% |
| 2016 | 0.18x | $1.95 Billion | $351.35 Million | ▲ +7.4% |
| 2015 | 0.17x | $1.75 Billion | $294.07 Million | ▲ +21.2% |
| 2014 | 0.14x | $1.60 Billion | $222.53 Million | ▲ +24.1% |
| 2013 | 0.11x | $1.43 Billion | $159.91 Million | ▲ +83.3% |
| 2012 | 0.06x | $1.29 Billion | $78.42 Million | ▼ -17.5% |
| 2011 | 0.07x | $1.20 Billion | $88.94 Million | ▼ -14.3% |
| 2010 | 0.09x | $1.09 Billion | $94.26 Million | ▲ +53.9% |
| 2009 | 0.06x | $1.11 Billion | $62.35 Million | ▼ -20.9% |
| 2008 | 0.07x | $1.08 Billion | $76.31 Million | ▼ -72.4% |
| 2007 | 0.26x | $1.03 Billion | $264.21 Million | ▼ -33.1% |
| 2006 | 0.38x | $775.40 Million | $297.93 Million | ▼ -29.4% |
| 2005 | 0.54x | $673.87 Million | $366.69 Million | ▲ +84.4% |
| 2004 | 0.30x | $595.32 Million | $175.66 Million | ▲ +21.9% |
| 2003 | 0.24x | $547.92 Million | $132.60 Million | ▼ -9.6% |
| 2002 | 0.27x | $591.28 Million | $158.22 Million | ▼ -35.5% |
| 2001 | 0.41x | $538.53 Million | $223.27 Million | ▼ -44.9% |
| 2000 | 0.75x | $525.77 Million | $395.65 Million | ▲ +1.1% |
| 1999 | 0.74x | $463.29 Million | $344.90 Million | ▲ +19.1% |
| 1998 | 0.63x | $388.41 Million | $242.80 Million | ▼ -40.8% |
| 1997 | 1.06x | $294.60 Million | $311.00 Million | ▼ -2.3% |
| 1996 | 1.08x | $245.20 Million | $264.90 Million | ▲ +11.4% |
| 1995 | 0.97x | $123.47 Million | $119.69 Million | ▼ -24.3% |
| 1994 | 1.28x | $79.18 Million | $101.34 Million | ▲ +3.9% |
| 1993 | 1.23x | $59.50 Million | $73.30 Million | ▲ +242.2% |
| 1992 | 0.36x | $32.50 Million | $11.70 Million | ▲ +536.9% |
| 1991 | 0.06x | $23.00 Million | $1.30 Million | ▼ -58.3% |
| 1990 | 0.14x | $15.50 Million | $2.10 Million | ▼ -4.4% |
| 1989 | 0.14x | $12.00 Million | $1.70 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow