Public Storage (PSA) — Cash Flow Quality Index
Public Storage (PSA) has a Cash Flow Quality Index of 1.45x as of December 2025. Operating cash flow of $733.59 Million exceeds net income of $507.07 Million, indicating high earnings quality where cash backs reported profits. Explore long-term investment intensity of Public Storage to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Public Storage Cash Flow Quality Index (1986–2025)
Historical Cash Flow Quality Index for Public Storage across 40 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Public Storage (PSA) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Public Storage (1986–2025)
Year-by-year earnings quality comparison for Public Storage. For live market cap and the full company financial profile, see PSA stock market capitalisation.
| 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 | — |