Public Storage Cash Flow Conversion Efficiency
Public Storage cash flow conversion efficiency. Based on the latest financial reports, Public Storage (PSA) has a cash flow conversion efficiency ratio of 0.094x as of June 2026. 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 ($868.44 Million) by net assets ($9.29 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Public Storage (1986–2025)
Cash flow conversion efficiency of Public Storage from 1986 to 2025. This chart illustrates how Public Storage's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Public Storage (PSA) share price today for real-time trading data and today's change.
Public Storage Cash Flow Conversion Ratio Explained
Public Storage cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Public Storage Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Public Storage ranked by their cash flow conversion efficiency. Also see Public Storage market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Industrial Bank Co Ltd
SHG:601166
|
0.071x |
|
Cencora Inc.
NYSE:COR
|
0.819x |
|
Barrick Gold Corp
TO:ABX
|
0.050x |
|
Natwest Group PLC
NYSE:NWG
|
0.161x |
|
United Rentals Inc
NYSE:URI
|
0.131x |
|
Occidental Petroleum Corporation
NYSE:OXY
|
0.101x |
|
Bloom Energy Corp
NYSE:BE
|
0.138x |
|
MPLX LP
NYSE:MPLX
|
0.119x |
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. Review PSA free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| 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 June 30, 2026, The firm: (i) owned and/or operated 3,584 self-storage facilities located in 40 states with approximately 259 million net rentable square feet in the United States and (ii) owned a 35% common equity interest in Shurgard Self Storage Limited (Euronext … Read more