Public Storage Financial Flexibility Index
Public Storage financial flexibility index. Public Storage (PSA) has a Financial Flexibility Index of 0.09x as of June 2026. Free cash flow of $937.95 Million (operating CF $868.44 Million minus capex $69.51 Million) represents 0% of total liabilities ($10.83 Billion). Explore PSA capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Public Storage (1986–2025)
Financial flexibility index of Public Storage from 1986 to 2025. Historical Financial Flexibility Index trend for Public Storage across 40 annual periods. Check PSA total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Public Storage Financial Flexibility Index by Year (1986–2025)
Public Storage financial flexibility index by year from 1986 to 2025. Year-by-year free cash flow to debt coverage for Public Storage. For the full cash flow conversion analysis, see Public Storage cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.32x | $3.48 Billion | $3.19 Billion | $10.87 Billion | ▼ -10.4% |
| 2024 | 0.36x | $3.55 Billion | $3.13 Billion | $9.94 Billion | ▼ -6.6% |
| 2023 | 0.38x | $3.71 Billion | $3.25 Billion | $9.70 Billion | ▼ -21.1% |
| 2022 | 0.48x | $3.58 Billion | $3.12 Billion | $7.39 Billion | ▲ +37.0% |
| 2021 | 0.35x | $2.81 Billion | $2.54 Billion | $7.96 Billion | ▼ -48.2% |
| 2020 | 0.68x | $2.21 Billion | $2.04 Billion | $3.24 Billion | ▼ -30.8% |
| 2019 | 0.99x | $2.25 Billion | $2.07 Billion | $2.29 Billion | ▼ -20.2% |
| 2018 | 1.24x | $2.20 Billion | $2.06 Billion | $1.78 Billion | ▲ +4.4% |
| 2017 | 1.18x | $2.09 Billion | $1.97 Billion | $1.77 Billion | ▼ -64.5% |
| 2016 | 3.33x | $2.30 Billion | $1.95 Billion | $688.68 Million | ▼ -5.2% |
| 2015 | 3.52x | $2.04 Billion | $1.75 Billion | $580.59 Million | ▼ -40.0% |
| 2014 | 5.86x | $1.83 Billion | $1.60 Billion | $311.50 Million | ▲ +289.8% |
| 2013 | 1.50x | $1.59 Billion | $1.43 Billion | $1.06 Billion | ▼ -26.1% |
| 2012 | 2.03x | $1.36 Billion | $1.29 Billion | $670.54 Million | ▼ -4.1% |
| 2011 | 2.12x | $1.29 Billion | $1.20 Billion | $609.28 Million | ▲ +38.3% |
| 2010 | 1.53x | $1.19 Billion | $1.09 Billion | $774.19 Million | ▼ -4.6% |
| 2009 | 1.61x | $1.18 Billion | $1.11 Billion | $731.14 Million | ▲ +19.3% |
| 2008 | 1.35x | $1.15 Billion | $1.08 Billion | $856.16 Million | ▲ +43.2% |
| 2007 | 0.94x | $1.29 Billion | $1.03 Billion | $1.37 Billion | ▲ +117.7% |
| 2006 | 0.43x | $1.07 Billion | $775.40 Million | $2.48 Billion | ▼ -80.0% |
| 2005 | 2.16x | $1.04 Billion | $673.87 Million | $481.51 Million | ▼ -3.0% |
| 2004 | 2.23x | $770.98 Million | $595.32 Million | $345.92 Million | ▲ +5.5% |
| 2003 | 2.11x | $680.52 Million | $547.92 Million | $322.13 Million | ▼ -30.9% |
| 2002 | 3.06x | $749.50 Million | $591.28 Million | $245.19 Million | ▲ +5.0% |
| 2001 | 2.91x | $761.80 Million | $538.53 Million | $261.69 Million | ▼ -18.8% |
| 2000 | 3.59x | $921.43 Million | $525.77 Million | $256.91 Million | ▲ +50.3% |
| 1999 | 2.39x | $808.19 Million | $463.29 Million | $338.69 Million | ▼ -45.1% |
| 1998 | 4.35x | $631.21 Million | $388.41 Million | $145.24 Million | ▲ +25.0% |
| 1997 | 3.48x | $605.60 Million | $294.60 Million | $174.21 Million | ▲ +2.2% |
| 1996 | 3.40x | $510.10 Million | $245.20 Million | $149.91 Million | ▲ +166.7% |
| 1995 | 1.28x | $243.15 Million | $123.47 Million | $190.59 Million | ▼ -35.5% |
| 1994 | 1.98x | $180.52 Million | $79.18 Million | $91.30 Million | ▲ +43.4% |
| 1993 | 1.38x | $132.80 Million | $59.50 Million | $96.30 Million | ▲ +91.6% |
| 1992 | 0.72x | $44.20 Million | $32.50 Million | $61.40 Million | ▲ +166.3% |
| 1991 | 0.27x | $24.30 Million | $23.00 Million | $89.90 Million | ▲ +25.8% |
| 1990 | 0.21x | $17.60 Million | $15.50 Million | $81.90 Million | ▲ +30.5% |
| 1989 | 0.16x | $13.70 Million | $12.00 Million | $83.20 Million | ▲ +17.8% |
| 1988 | 0.14x | $13.10 Million | $13.10 Million | $93.70 Million | ▼ -24.2% |
| 1987 | 0.18x | $14.70 Million | $14.70 Million | $79.70 Million | ▲ +26.5% |
| 1986 | 0.15x | $12.60 Million | $12.60 Million | $86.40 Million | — |