Public Storage Free Cash Flow Generation Index

Latest as of June 2026: 1.08x

Public Storage free cash flow generation index. Public Storage (PSA) has a Free Cash Flow Generation Index of 1.08x as of June 2026. Free cash flow of $937.95 Million represents 1% of operating cash flow ($868.44 Million).

FCF Generation Index

1.08x
Free Cash Flow / Operating CF

Free Cash Flow

$937.95 Million
USD

Operating Cash Flow

$868.44 Million
USD

Capital Expenditures

$69.51 Million
USD

Free Cash Flow Generation Index of Public Storage (1986–2025)

Free cash flow generation index of Public Storage from 1986 to 2025. Historical FCF Generation Index trend for Public Storage across 40 annual periods. See how financially flexible is Public Storage to measure the company's free cash flow as a share of total liabilities.

Public Storage Free Cash Flow Generation Index by Year (1986–2025)

Public Storage free cash flow generation index by year from 1986 to 2025. Year-by-year Free Cash Flow Generation Index for Public Storage. For the full cash flow conversion analysis, see cash flow conversion of Public Storage.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.91x $2.90 Billion $3.19 Billion $289.38 Million ▲ +5.0%
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).