Skip to main content
logo
Public Storage (PSA)
NYSE: PSA · Real-Time Price · USD
294.68
-2.00 (-0.67%)
Sep 16, 2026, 4:00 PM EDT - Market closed

Public Storage Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
499.96526.27507.08511.06358.42407.79614.61430.33518.13508.95439.29613.3578.03517.71412.362,769653.85513.94619.71490.09
Depreciation & Amortization
287.76290.72295.55290.36283.22282.72280.89280.33283.34285.2287.53238.75222.13221.65226.54220.77218.71222.13205.29188.55
Other Amortization
2.772.682.767.592.482.472.477.26------------
Gain (Loss) on Sale of Assets
0.04-0.38-0.4-0.5-0.16-0.05-0.11-0.55--0.87-17.09-0.09----1.5----0.28
Gain (Loss) on Sale of Investments
----------------2,129----
Asset Writedown
-0.21-0.40.12-3.83--------------
Stock-Based Compensation
12.7911.899.549.4610.6210.2812.6510.9310.8310.3510.269.5211.959.8512.1113.7416.9313.9312.1714.98
Income (Loss) on Equity Investments
20.04-6.34-4.53-2.592.53-3.2-3.99-1.552.5-5.746.56-6.897.44-5.67-6.5479.69-17.43-27.92-59.47-17.36
Change in Other Net Operating Assets
56.49-96.68-53.2661.364.45-70.68-19.93.387.18-100.36-18.9461.9854.93-79.06-58.8162.6721.95-34.85--
Other Operating Activities
-11.18-33.36-23.54-1.71151.1571.9-11868.74-6.7-31.9484.08-40.897.9232.42150.7-88.48-96.47-30.98-48.868.28
Operating Cash Flow
868.44694.8733.59875.09872.71705.06768.62798.77895.28665.59791.68875.67882.4696.89736.35927.02797.53656.24728.84684.27
Operating Cash Flow Growth (YoY)
-0.49%-1.46%-4.56%9.55%-2.52%5.93%-2.91%-8.78%1.46%-4.49%7.51%-5.54%10.64%6.19%1.03%35.48%28.37%28.89%42.20%29.53%

Investing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Acquisition of Real Estate Assets
-332.42-148-441.17-639.57-294.29-265.48-416.56-216.91-204.38-189.01-775.41-322.96-338.13-212.31-407.69-498.38-311.82-288.53-2,209-471.73
Sale of Real Estate Assets
270.674.251.050.252.62.373.570.022.4239.890.1---1.54--0.230.36
Net Sale / Acq. of Real Estate Assets
-305.42-147.33-436.92-638.52-294.04-262.88-414.18-213.34-204.36-186.58-735.53-322.86-338.13-212.31-407.69-496.84-311.82-288.53-2,208-471.38
Cash Acquisition
------------2,178--------
Investment in Marketable & Equity Securities
--------13.29-7.81-3.17--2,6454.54-10.75-
Other Investing Activities
-30.44--48.39-14.96-44.24-23.64-9.96-------------
Investing Cash Flow
-346.96-147.33-364.31-695.98-338.28-286.52-411.64-213.34-191.08-186.58-490.22-2,501-334.96-212.31-432.492,148-307.29-288.53-2,372-471.38

Financing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Long-Term Debt Issued
-325------------------
Total Debt Issued
167.46325489.89-866.53---1,151--2,181------1,739817.63
Long-Term Debt Repaid
--500.03----0.03----0.04----0.13----0.24--
Total Debt Repaid
-0.03-500.03-251.42-400.03-0.03-0.03-0.03-0.03-808.41-0.04-0.03-0.03-8.07-0.13-11.23-501.8-0.24-0.24-0.63-0.53
Net Debt Issued (Repaid)
167.43-175.03238.47-400.03866.5-0.03-0.03-0.03342.62-0.04-0.032,181-8.07-0.13-11.23-501.8-0.24-0.241,738817.1
Issuance of Common Stock
15.817.83-1.74.63.1876.6820.552.567.822.031.044.9425.127.3616.423.428.0714.4533.81
Repurchase of Common Stock
-0.26-2.6-5.24-0.43-0.37-2.67-6.37-0.68-200.29-5.33-3.91-0.64-0.46-8.93-3.84-0.78-1.64-10.57-2.63-1.43
Preferred Stock Issued
--------------7.17--242.83457.19138.97
Preferred Share Repurchases
-------------------350-325
Common Dividends Paid
-------------------350.93-351.23
Preferred Dividends Paid
-------------------48.08-46.24
Common & Preferred Dividends Paid
-576.18-576.16-575.84-575.86-575.85-575.84-575.69-574.85-574.6-576.79-576.47-576.3-576.3-576.25-399.92-2,709-399.92-399.58--
Total Dividends Paid
-576.18-576.16-575.84-575.86-575.85-575.84-575.69-574.85-574.6-576.79-576.47-576.3-576.3-576.25-399.92-2,709-399.92-399.58-399.01-397.46
Other Financing Activities
-2.9515-5.04-12.63-11.88-3.42-3.15-4.88-3.22-2.84-3.07-1.74-11.22-3.77-9.93-9.8-18.24-1.76-37.76-1.11

Net Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Foreign Exchange Rate Adjustments
-----------------0.170.170.190.14
Net Cash Flow
125.33-183.4921.64-808.14817.43-160.24-151.5925.55271.27-98.19-259.98-21.74-43.68-79.38-106.52-129.7173.47206.63-223.06477.92

Free Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Levered Free Cash Flow
708.2559.91565.11521.2712.35532.89566.79668.04681.77488.59798.86721.76625.15519.11487.45684.54579.78490.94332.46541.9
Unlevered Free Cash Flow
758.42607.25613.09563.42754.62575.42609.41707.19727.55530.95841.74758.23648.95541.67510.04705.86600.37511.65351.08556.74

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash Interest Paid
49.6592.2652.4980.8357.1882.5158.8579.3255.5975.7555.7320.4749.2120.840.1121.643.822.227.917.5
Cash Income Tax Paid
5.450.360.49-6.14-0.230.30.434.621.520.222.157.591.111.29-----
Change in Working Capital
56.49-96.68-53.2661.364.45-70.68-19.93.387.18-100.36-18.9461.9854.93-79.06-58.8162.6721.95-34.85--
SEC Filings: 10-K · 10-Q