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. Explore reinvestment intensity of Public Storage to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore Public Storage asset portfolio for the complete picture of this company's asset base.
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 market value of Public Storage.
| 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 | — |