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 Public Storage cash conversion from operations to assess how effectively this company generates cash.
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 PSA cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 Public Storage stock valuation.
| 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 | — |