Public Storage (PSA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Public Storage (PSA) has a cash flow conversion efficiency ratio of 0.079x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($733.59 Million) by net assets ($9.34 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Public Storage balance sheet quality to measure how much of total assets are equity-financed.
Public Storage - Cash Flow Conversion Efficiency Trend (1986–2025)
This chart illustrates how Public Storage's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Public Storage cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Public Storage Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Public Storage ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Investor AB ser. A
ST:INVE-A
|
0.005x |
|
Occidental Petroleum Corporation
NYSE:OXY
|
0.032x |
|
Ametek Inc
NYSE:AME
|
0.041x |
|
DSV Panalpina A/S
CO:DSV
|
0.049x |
|
Target Corporation
NYSE:TGT
|
0.073x |
|
Takeda Pharmaceutical Co Ltd ADR
NYSE:TAK
|
0.047x |
|
Diamondback Energy Inc
NASDAQ:FANG
|
0.055x |
|
VOLVO B (FRIA) UNSP.ADR
F:VOL4
|
0.056x |
Annual Cash Flow Conversion Efficiency for Public Storage (1986–2025)
The table below shows the annual cash flow conversion efficiency of Public Storage from 1986 to 2025. For the full company profile with market capitalisation and key ratios, see PSA company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $9.34 Billion | $3.19 Billion | 0.341x | +7.00% |
| 2024-12-31 | $9.81 Billion | $3.13 Billion | 0.319x | -0.77% |
| 2023-12-31 | $10.11 Billion | $3.25 Billion | 0.321x | +4.77% |
| 2022-12-31 | $10.17 Billion | $3.12 Billion | 0.307x | +13.59% |
| 2021-12-31 | $9.42 Billion | $2.54 Billion | 0.270x | +13.32% |
| 2020-12-31 | $8.58 Billion | $2.04 Billion | 0.238x | +4.60% |
| 2019-12-31 | $9.08 Billion | $2.07 Billion | 0.228x | +0.91% |
| 2018-12-31 | $9.14 Billion | $2.06 Billion | 0.226x | +2.54% |
| 2017-12-31 | $8.96 Billion | $1.97 Billion | 0.220x | +6.82% |
| 2016-12-31 | $9.44 Billion | $1.95 Billion | 0.206x | +8.40% |
| 2015-12-31 | $9.20 Billion | $1.75 Billion | 0.190x | +12.70% |
| 2014-12-31 | $9.51 Billion | $1.60 Billion | 0.169x | +3.99% |
| 2013-12-31 | $8.82 Billion | $1.43 Billion | 0.162x | +2.47% |
| 2012-12-31 | $8.12 Billion | $1.29 Billion | 0.158x | +9.47% |
| 2011-12-31 | $8.32 Billion | $1.20 Billion | 0.145x | +15.35% |
| 2010-12-31 | $8.72 Billion | $1.09 Billion | 0.125x | +2.22% |
| 2009-12-31 | $9.07 Billion | $1.11 Billion | 0.123x | +3.39% |
| 2008-12-31 | $9.08 Billion | $1.08 Billion | 0.119x | +7.00% |
| 2007-12-31 | $9.27 Billion | $1.03 Billion | 0.111x | +24.58% |
| 2006-12-31 | $8.71 Billion | $775.40 Million | 0.089x | -33.04% |
| 2005-12-31 | $5.07 Billion | $673.87 Million | 0.133x | +8.46% |
| 2004-12-31 | $4.86 Billion | $595.32 Million | 0.123x | +3.89% |
| 2003-12-31 | $4.65 Billion | $547.92 Million | 0.118x | -8.28% |
| 2002-12-31 | $4.60 Billion | $591.28 Million | 0.129x | +4.20% |
| 2001-12-31 | $4.36 Billion | $538.53 Million | 0.123x | -0.09% |
| 2000-12-31 | $4.26 Billion | $525.77 Million | 0.124x | +3.32% |
| 1999-12-31 | $3.88 Billion | $463.29 Million | 0.120x | +0.29% |
| 1998-12-31 | $3.26 Billion | $388.41 Million | 0.119x | +26.94% |
| 1997-12-31 | $3.14 Billion | $294.60 Million | 0.094x | -7.24% |
| 1996-12-31 | $2.42 Billion | $245.20 Million | 0.101x | +43.22% |
| 1995-12-31 | $1.75 Billion | $123.47 Million | 0.071x | -34.93% |
| 1994-12-31 | $729.01 Million | $79.18 Million | 0.109x | +4.01% |
| 1993-12-31 | $569.80 Million | $59.50 Million | 0.104x | +9.34% |
| 1992-12-31 | $340.30 Million | $32.50 Million | 0.096x | -4.25% |
| 1991-12-31 | $230.60 Million | $23.00 Million | 0.100x | +21.55% |
| 1990-12-31 | $188.90 Million | $15.50 Million | 0.082x | +7.83% |
| 1989-12-31 | $157.70 Million | $12.00 Million | 0.076x | -5.96% |
| 1988-12-31 | $161.90 Million | $13.10 Million | 0.081x | -9.40% |
| 1987-12-31 | $164.60 Million | $14.70 Million | 0.089x | +12.48% |
| 1986-12-31 | $158.70 Million | $12.60 Million | 0.079x | -- |
About Public Storage
Public Storage, a member of the S&P 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities. At September 30, 2025, we: (i) owned and/or operated 3,491 self-storage facilities located in 40 states with approximately 254 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext B… Read more