Public Storage (PSA) — Cash Flow Reinvestment Rate
Public Storage (PSA) has a Cash Flow Reinvestment Rate of 0.14x as of December 2025, reinvesting $100.09 Million (capex $100.09 Million ) from operating cash flow of $733.59 Million. Check earnings quality score of Public Storage to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Public Storage Cash Flow Reinvestment Rate (1986–2025)
Historical reinvestment intensity for Public Storage across 40 annual periods. Explore Public Storage long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Public Storage (1986–2025)
Year-by-year capital reinvestment analysis for Public Storage. For live market cap and broader valuation context, see Public Storage market cap and net worth.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.09x | $289.38 Million | $3.19 Billion | $289.38 Million | ▼ -80.0% |
| 2024 | 0.45x | $1.42 Billion | $3.13 Billion | $420.02 Million | ▼ -63.1% |
| 2023 | 1.23x | $4.00 Billion | $3.25 Billion | $461.14 Million | ▲ +24.0% |
| 2022 | 0.99x | $3.10 Billion | $3.12 Billion | $459.77 Million | ▲ +782.1% |
| 2021 | 0.11x | $286.53 Million | $2.54 Billion | $270.24 Million | ▲ +34.0% |
| 2020 | 0.08x | $171.79 Million | $2.04 Billion | $170.00 Million | ▼ -7.5% |
| 2019 | 0.09x | $188.07 Million | $2.07 Billion | $187.31 Million | ▼ -3.8% |
| 2018 | 0.09x | $195.16 Million | $2.06 Billion | $140.98 Million | ▲ +47.3% |
| 2017 | 0.06x | $126.70 Million | $1.97 Billion | $120.59 Million | ▼ -64.5% |
| 2016 | 0.18x | $352.35 Million | $1.95 Billion | $351.35 Million | ▲ +2.4% |
| 2015 | 0.18x | $309.08 Million | $1.75 Billion | $294.07 Million | ▼ -56.0% |
| 2014 | 0.40x | $643.70 Million | $1.60 Billion | $222.53 Million | ▲ +116.7% |
| 2013 | 0.19x | $264.95 Million | $1.43 Billion | $159.91 Million | ▲ +203.7% |
| 2012 | 0.06x | $78.42 Million | $1.29 Billion | $78.42 Million | ▼ -17.5% |
| 2011 | 0.07x | $88.94 Million | $1.20 Billion | $88.94 Million | ▼ -53.7% |
| 2010 | 0.16x | $174.55 Million | $1.09 Billion | $94.26 Million | ▲ +185.0% |
| 2009 | 0.06x | $62.35 Million | $1.11 Billion | $62.35 Million | ▼ -20.9% |
| 2008 | 0.07x | $76.31 Million | $1.08 Billion | $76.31 Million | ▼ -72.4% |
| 2007 | 0.26x | $264.21 Million | $1.03 Billion | $264.21 Million | ▼ -33.1% |
| 2006 | 0.38x | $297.93 Million | $775.40 Million | $297.93 Million | ▼ -29.4% |
| 2005 | 0.54x | $366.69 Million | $673.87 Million | $366.69 Million | ▲ +84.4% |
| 2004 | 0.30x | $175.66 Million | $595.32 Million | $175.66 Million | ▲ +21.9% |
| 2003 | 0.24x | $132.60 Million | $547.92 Million | $132.60 Million | ▼ -9.6% |
| 2002 | 0.27x | $158.22 Million | $591.28 Million | $158.22 Million | ▼ -35.5% |
| 2001 | 0.41x | $223.27 Million | $538.53 Million | $223.27 Million | ▼ -44.9% |
| 2000 | 0.75x | $395.65 Million | $525.77 Million | $395.65 Million | ▲ +1.1% |
| 1999 | 0.74x | $344.90 Million | $463.29 Million | $344.90 Million | ▲ +19.1% |
| 1998 | 0.63x | $242.80 Million | $388.41 Million | $242.80 Million | ▼ -40.8% |
| 1997 | 1.06x | $311.00 Million | $294.60 Million | $311.00 Million | ▼ -2.3% |
| 1996 | 1.08x | $264.90 Million | $245.20 Million | $264.90 Million | ▲ +11.4% |
| 1995 | 0.97x | $119.69 Million | $123.47 Million | $119.69 Million | ▼ -24.3% |
| 1994 | 1.28x | $101.34 Million | $79.18 Million | $101.34 Million | ▲ +3.9% |
| 1993 | 1.23x | $73.30 Million | $59.50 Million | $73.30 Million | ▲ +242.2% |
| 1992 | 0.36x | $11.70 Million | $32.50 Million | $11.70 Million | ▲ +536.9% |
| 1991 | 0.06x | $1.30 Million | $23.00 Million | $1.30 Million | ▼ -58.3% |
| 1990 | 0.14x | $2.10 Million | $15.50 Million | $2.10 Million | ▼ -4.4% |
| 1989 | 0.14x | $1.70 Million | $12.00 Million | $1.70 Million | — |
| 1988 | 0.00x | $0.00 | $13.10 Million | $0.00 | — |
| 1987 | 0.00x | $0.00 | $14.70 Million | $0.00 | — |
| 1986 | 0.00x | $0.00 | $12.60 Million | $0.00 | — |