Public Storage Cash Flow Quality Index

Latest as of June 2026: 1.73x

Public Storage cash flow quality index. Public Storage (PSA) has a Cash Flow Quality Index of 1.73x as of June 2026. Operating cash flow of $868.44 Million exceeds net income of $502.94 Million, indicating high earnings quality where cash backs reported profits. See PSA free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

1.73x
Operating CF / Net Income

Operating Cash Flow

$868.44 Million
USD

Net Income

$502.94 Million
USD

Data as of

Jun 2026
Most recent filing

Cash Flow Quality Index of Public Storage (1986–2025)

Cash flow quality index of Public Storage from 1986 to 2025. Historical Cash Flow Quality Index for Public Storage across 40 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore PSA operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Public Storage Cash Flow Quality Index by Year (1986–2025)

Public Storage cash flow quality index by year from 1986 to 2025. Year-by-year earnings quality comparison for Public Storage. For the full cash flow conversion analysis, see cash flow conversion of Public Storage.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.77x $3.19 Billion $1.80 Billion ▲ +18.1%
2024 1.50x $3.13 Billion $2.08 Billion ▼ -0.1%
2023 1.50x $3.25 Billion $2.16 Billion ▲ +110.5%
2022 0.71x $3.12 Billion $4.37 Billion ▼ -45.0%
2021 1.30x $2.54 Billion $1.96 Billion ▼ -13.5%
2020 1.50x $2.04 Billion $1.36 Billion ▲ +10.7%
2019 1.36x $2.07 Billion $1.53 Billion ▲ +12.8%
2018 1.20x $2.06 Billion $1.72 Billion ▼ -11.8%
2017 1.36x $1.97 Billion $1.45 Billion ▲ +2.3%
2016 1.33x $1.95 Billion $1.46 Billion ▲ +0.4%
2015 1.33x $1.75 Billion $1.32 Billion ▼ -4.9%
2014 1.39x $1.60 Billion $1.15 Billion ▲ +3.1%
2013 1.35x $1.43 Billion $1.06 Billion ▼ -0.8%
2012 1.36x $1.29 Billion $943.03 Million ▼ -5.2%
2011 1.44x $1.20 Billion $836.46 Million ▼ -8.4%
2010 1.57x $1.09 Billion $696.11 Million ▲ +11.5%
2009 1.41x $1.11 Billion $790.46 Million ▲ +27.3%
2008 1.11x $1.08 Billion $973.87 Million ▼ -50.8%
2007 2.25x $1.03 Billion $457.54 Million ▼ -9.0%
2006 2.47x $775.40 Million $314.03 Million ▲ +67.2%
2005 1.48x $673.87 Million $456.39 Million ▼ -8.7%
2004 1.62x $595.32 Million $368.01 Million ▼ -0.5%
2003 1.63x $547.92 Million $336.99 Million ▼ -9.4%
2002 1.80x $591.28 Million $329.39 Million ▲ +8.1%
2001 1.66x $538.53 Million $324.21 Million ▼ -6.1%
2000 1.77x $525.77 Million $297.09 Million ▲ +10.0%
1999 1.61x $463.29 Million $287.90 Million ▼ -6.0%
1998 1.71x $388.41 Million $227.00 Million ▲ +3.7%
1997 1.65x $294.60 Million $178.60 Million ▲ +3.3%
1996 1.60x $245.20 Million $153.50 Million ▼ -8.9%
1995 1.75x $123.47 Million $70.40 Million ▼ -6.8%
1994 1.88x $79.18 Million $42.10 Million ▼ -11.5%
1993 2.13x $59.50 Million $28.00 Million ▼ -1.3%
1992 2.15x $32.50 Million $15.10 Million ▲ +12.3%
1991 1.92x $23.00 Million $12.00 Million ▲ +48.4%
1990 1.29x $15.50 Million $12.00 Million ▲ +23.8%
1989 1.04x $12.00 Million $11.50 Million ▼ -7.6%
1988 1.13x $13.10 Million $11.60 Million ▼ -19.3%
1987 1.40x $14.70 Million $10.50 Million ▲ +11.1%
1986 1.26x $12.60 Million $10.00 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.