Public Storage (PSA) — Working Capital to Net Assets Ratio
Public Storage (PSA) has a Working Capital to Net Assets ratio of -3.2% as of December 2025. Working capital of $-294.79 Million (current assets of $318.10 Million minus current liabilities of $612.89 Million) is measured against net assets of $9.34 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Public Storage (PSA) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Public Storage Working Capital to Net Assets (1984–2025)
This chart shows how Public Storage's Working Capital to Net Assets ratio has evolved across 42 annual periods from 1984 to 2025. As of December 2025, the ratio stands at -3.2%, reflecting working capital of $-294.79 Million against net assets of $9.34 Billion USD. Check PSA tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Public Storage (1984–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Public Storage from 1984 to 2025, covering 42 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Public Storage (PSA) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -3.2% | $-294.79 Million | $9.34 Billion | $318.10 Million | $612.89 Million | ▼ -1.7 pp |
| 2024 | -1.4% | $-140.83 Million | $9.81 Billion | $447.42 Million | $588.25 Million | ▲ +0.8 pp |
| 2023 | -2.3% | $-228.99 Million | $10.11 Billion | $370.00 Million | $598.99 Million | ▼ -4.8 pp |
| 2022 | 2.6% | $260.57 Million | $10.17 Billion | $775.25 Million | $514.68 Million | ▼ -0.1 pp |
| 2021 | 2.7% | $252.51 Million | $9.42 Billion | $734.60 Million | $482.09 Million | ▲ +4.3 pp |
| 2020 | -1.6% | $-137.09 Million | $8.58 Billion | $257.56 Million | $394.65 Million | ▼ -1.9 pp |
| 2019 | 0.3% | $26.46 Million | $9.08 Billion | $409.74 Million | $383.28 Million | ▲ +0.4 pp |
| 2018 | -0.1% | $-10.04 Million | $9.14 Billion | $361.22 Million | $371.26 Million | ▼ -1.2 pp |
| 2017 | 1.1% | $96.17 Million | $8.96 Billion | $433.38 Million | $337.20 Million | ▲ +2.3 pp |
| 2016 | -1.2% | $-114.25 Million | $9.44 Billion | $183.69 Million | $297.94 Million | ▲ +0.5 pp |
| 2015 | -1.7% | $-157.29 Million | $9.20 Billion | $104.28 Million | $261.58 Million | ▼ -1.1 pp |
| 2014 | -0.6% | $-59.43 Million | $9.51 Billion | $187.71 Million | $247.14 Million | ▼ -2.7 pp |
| 2013 | 2.0% | $178.85 Million | $8.82 Billion | $447.31 Million | $268.46 Million | ▲ +0.9 pp |
| 2012 | 1.2% | $93.52 Million | $8.12 Billion | $428.23 Million | $334.71 Million | ▲ +6.8 pp |
| 2011 | -5.7% | $-470.27 Million | $8.32 Billion | $139.01 Million | $609.28 Million | ▼ -3.2 pp |
| 2010 | -2.5% | $-215.66 Million | $8.72 Billion | $558.53 Million | $774.19 Million | ▼ -3.9 pp |
| 2009 | 1.4% | $125.55 Million | $9.07 Billion | $856.69 Million | $731.14 Million | ▼ -3.8 pp |
| 2008 | 5.2% | $468.35 Million | $9.08 Billion | $680.70 Million | $212.35 Million | ▲ +8.3 pp |
| 2007 | -3.2% | $-295.81 Million | $9.27 Billion | $552.19 Million | $848.00 Million | ▲ +4.5 pp |
| 2006 | -7.6% | $-666.42 Million | $8.71 Billion | $555.58 Million | $1.22 Billion | ▼ -15.1 pp |
| 2005 | 7.5% | $379.55 Million | $5.07 Billion | $493.50 Million | $113.95 Million | ▲ +2.6 pp |
| 2004 | 4.9% | $237.23 Million | $4.86 Billion | $366.75 Million | $129.52 Million | ▲ +10.3 pp |
| 2003 | -5.4% | $-251.66 Million | $4.65 Billion | $305.34 Million | $557.00 Million | ▲ +4.2 pp |
| 2002 | -9.6% | $-441.55 Million | $4.60 Billion | $127.45 Million | $569.00 Million | ▼ -11.6 pp |
| 2001 | 2.0% | $88.87 Million | $4.36 Billion | $660.87 Million | $572.00 Million | ▲ +2.3 pp |
| 2000 | -0.2% | $-10.06 Million | $4.26 Billion | $623.94 Million | $634.00 Million | ▼ -6.2 pp |
| 1999 | 6.0% | $232.27 Million | $3.88 Billion | $590.27 Million | $358.00 Million | ▼ -5.1 pp |
| 1998 | 11.1% | $362.02 Million | $3.26 Billion | $566.02 Million | $204.00 Million | ▲ +11.4 pp |
| 1997 | -0.3% | $-9.21 Million | $3.14 Billion | $356.79 Million | $366.00 Million | ▼ -11.3 pp |
| 1996 | 11.0% | $267.24 Million | $2.42 Billion | $426.24 Million | $159.00 Million | ▼ -11.3 pp |
| 1995 | 22.3% | $389.73 Million | $1.75 Billion | $534.73 Million | $145.00 Million | ▲ +41.2 pp |
| 1994 | -18.9% | $-137.79 Million | $729.01 Million | $43.21 Million | $181.00 Million | ▲ +22.0 pp |
| 1993 | -40.9% | $-233.20 Million | $569.80 Million | $8.80 Million | $242.00 Million | ▼ -36.1 pp |
| 1992 | -4.8% | $-16.30 Million | $340.30 Million | $79.70 Million | $96.00 Million | ▼ -30.9 pp |
| 1991 | 26.1% | $60.30 Million | $230.60 Million | $131.30 Million | $71.00 Million | ▼ -41.4 pp |
| 1990 | 67.5% | $127.60 Million | $188.90 Million | $166.60 Million | $39.00 Million | ▼ -12.2 pp |
| 1989 | 79.8% | $125.80 Million | $157.70 Million | $169.80 Million | $44.00 Million | ▲ +86.6 pp |
| 1988 | -6.8% | $-11.00 Million | $161.90 Million | $12.00 Million | $23.00 Million | ▲ +11.4 pp |
| 1987 | -18.2% | $-30.00 Million | $164.60 Million | $1.00 Million | $31.00 Million | ▲ +3.8 pp |
| 1986 | -22.1% | $-35.00 Million | $158.70 Million | $1.00 Million | $36.00 Million | ▼ -18.3 pp |
| 1985 | -3.8% | $-5.00 Million | $132.20 Million | $31.00 Million | $36.00 Million | ▲ +19.3 pp |
| 1984 | -23.1% | $-12.00 Million | $52.00 Million | $33.00 Million | $45.00 Million | — |