Public Storage (PSA) — Free Cash Flow Generation Index
Latest as of December 2025:
0.86x
Public Storage (PSA) has a Free Cash Flow Generation Index of 0.86x as of December 2025. Free cash flow of $633.50 Million represents 1% of operating cash flow ($733.59 Million). See PSA working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
0.86x
Free Cash Flow / Operating CF
Free Cash Flow
$633.50 Million
USD
Operating Cash Flow
$733.59 Million
USD
Capital Expenditures
$100.09 Million
USD
Public Storage Free Cash Flow Generation Index (1986–2025)
Historical FCF Generation Index trend for Public Storage across 40 annual periods. Explore PSA debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Public Storage (1986–2025)
Year-by-year Free Cash Flow Generation Index for Public Storage. For the full company profile including market capitalisation, see Public Storage stock valuation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.00x | $3.19 Billion | $3.19 Billion | $289.38 Million | ▲ +15.5% |
| 2024 | 0.87x | $2.71 Billion | $3.13 Billion | $420.02 Million | ▲ +0.9% |
| 2023 | 0.86x | $2.79 Billion | $3.25 Billion | $461.14 Million | ▲ +0.6% |
| 2022 | 0.85x | $2.66 Billion | $3.12 Billion | $459.77 Million | ▼ -4.6% |
| 2021 | 0.89x | $2.27 Billion | $2.54 Billion | $270.24 Million | ▼ -2.5% |
| 2020 | 0.92x | $1.87 Billion | $2.04 Billion | $170.00 Million | ▲ +0.8% |
| 2019 | 0.91x | $1.88 Billion | $2.07 Billion | $187.31 Million | ▼ -2.4% |
| 2018 | 0.93x | $1.92 Billion | $2.06 Billion | $140.98 Million | ▼ -0.8% |
| 2017 | 0.94x | $1.85 Billion | $1.97 Billion | $120.59 Million | ▲ +14.6% |
| 2016 | 0.82x | $1.59 Billion | $1.95 Billion | $351.35 Million | ▼ -1.5% |
| 2015 | 0.83x | $1.45 Billion | $1.75 Billion | $294.07 Million | ▼ -3.4% |
| 2014 | 0.86x | $1.38 Billion | $1.60 Billion | $222.53 Million | ▼ -3.0% |
| 2013 | 0.89x | $1.27 Billion | $1.43 Billion | $159.91 Million | ▼ -5.4% |
| 2012 | 0.94x | $1.21 Billion | $1.29 Billion | $78.42 Million | ▲ +1.4% |
| 2011 | 0.93x | $1.11 Billion | $1.20 Billion | $88.94 Million | ▲ +1.3% |
| 2010 | 0.91x | $998.96 Million | $1.09 Billion | $94.26 Million | ▼ -3.2% |
| 2009 | 0.94x | $1.05 Billion | $1.11 Billion | $62.35 Million | ▲ +1.6% |
| 2008 | 0.93x | $1.00 Billion | $1.08 Billion | $76.31 Million | ▲ +25.1% |
| 2007 | 0.74x | $763.40 Million | $1.03 Billion | $264.21 Million | ▲ +20.6% |
| 2006 | 0.62x | $477.47 Million | $775.40 Million | $297.93 Million | ▲ +35.1% |
| 2005 | 0.46x | $307.18 Million | $673.87 Million | $366.69 Million | ▼ -54.4% |
| 2004 | 1.00x | $595.32 Million | $595.32 Million | $175.66 Million | ▲ +0.0% |
| 2003 | 1.00x | $547.92 Million | $547.92 Million | $132.60 Million | ▲ +0.0% |
| 2002 | 1.00x | $591.28 Million | $591.28 Million | $158.22 Million | ▲ +0.0% |
| 2001 | 1.00x | $538.53 Million | $538.53 Million | $223.27 Million | ▲ +304.1% |
| 2000 | 0.25x | $130.12 Million | $525.77 Million | $395.65 Million | ▼ -3.2% |
| 1999 | 0.26x | $118.39 Million | $463.29 Million | $344.90 Million | ▼ -31.8% |
| 1998 | 0.37x | $145.61 Million | $388.41 Million | $242.80 Million | ▲ +773.4% |
| 1997 | -0.06x | $-16.40 Million | $294.60 Million | $311.00 Million | ▲ +30.7% |
| 1996 | -0.08x | $-19.70 Million | $245.20 Million | $264.90 Million | ▼ -362.5% |
| 1995 | 0.03x | $3.78 Million | $123.47 Million | $119.69 Million | ▲ +110.9% |
| 1994 | -0.28x | $-22.16 Million | $79.18 Million | $101.34 Million | ▼ -20.7% |
| 1993 | -0.23x | $-13.80 Million | $59.50 Million | $73.30 Million | ▼ -136.2% |
| 1992 | 0.64x | $20.80 Million | $32.50 Million | $11.70 Million | ▼ -32.2% |
| 1991 | 0.94x | $21.70 Million | $23.00 Million | $1.30 Million | ▲ +9.1% |
| 1990 | 0.86x | $13.40 Million | $15.50 Million | $2.10 Million | ▲ +0.7% |
| 1989 | 0.86x | $10.30 Million | $12.00 Million | $1.70 Million | ▼ -14.2% |
| 1988 | 1.00x | $13.10 Million | $13.10 Million | $0.00 | ▲ +0.0% |
| 1987 | 1.00x | $14.70 Million | $14.70 Million | $0.00 | ▲ +0.0% |
| 1986 | 1.00x | $12.60 Million | $12.60 Million | $0.00 | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).