Public Storage (PSA)
NYSE: PSA · Real-Time Price · USD
284.00
+1.16 (0.41%)
At close: Oct 1, 2026, 4:00 PM EDT
291.05
+7.05 (2.48%)
Pre-market: Oct 2, 2026, 7:04 AM EDT
Public Storage Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Net Income | 2,044 | 1,903 | 1,784 | 1,892 | 1,811 | 1,971 | 2,072 | 1,897 | 2,080 | 2,140 | 2,148 | 2,121 | 4,277 | 4,353 | 4,349 | 4,556 | 2,278 | 2,034 | 1,953 | 1,685 |
Depreciation & Amortization | 1,164 | 1,160 | 1,152 | 1,137 | 1,127 | 1,127 | 1,130 | 1,136 | 1,095 | 1,034 | 970.06 | 909.07 | 891.09 | 887.67 | 888.15 | 866.9 | 834.68 | 788.7 | 713.43 | 649.55 |
Other Amortization | 10.84 | 10.56 | 10.35 | 12.53 | 14.68 | 12.2 | 9.73 | 7.26 | - | - | 7.97 | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | -1.25 | -1.45 | -1.11 | -0.82 | -0.87 | -0.71 | -1.54 | -18.52 | -18.05 | -18.05 | -17.18 | -0.09 | -1.5 | -1.5 | -1.5 | -1.5 | -0.28 | -4.27 | -13.68 | -14.06 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | - | - | - | -2,129 | -2,129 | -2,129 | -2,129 | - | - | - | - |
Asset Writedown | 0.31 | 0.52 | 4.35 | 3.95 | 3.83 | 3.83 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Stock-Based Compensation | 43.68 | 41.51 | 39.9 | 43.01 | 44.48 | 44.68 | 44.75 | 42.36 | 40.95 | 42.07 | 41.57 | 43.42 | 47.64 | 52.62 | 56.7 | 56.77 | 58 | 59.34 | 59.82 | 59.48 |
Income (Loss) on Equity Investments | 6.58 | -10.92 | -7.78 | -7.24 | -6.2 | -6.24 | -8.78 | 1.77 | -3.57 | 1.37 | 1.44 | -11.67 | 74.91 | 50.04 | 27.79 | -25.14 | -122.19 | -105.56 | -81.61 | -20.17 |
Change in Other Net Operating Assets | -32.16 | -24.2 | 1.8 | 35.16 | -22.84 | -0.11 | -29.79 | -28.83 | 29.85 | -2.4 | 18.9 | -20.97 | -20.28 | -53.26 | -9.05 | 49.76 | -12.9 | -34.85 | 12.87 | - |
Other Operating Activities | -64.84 | 97.5 | 202.76 | 105.83 | 173.79 | 15.95 | -87.89 | 114.19 | 4.56 | 19.18 | 75.57 | 150.16 | 102.57 | -1.82 | -65.23 | -264.79 | -168.03 | -46.89 | -100.53 | -32.33 |
Operating Cash Flow | 3,172 | 3,176 | 3,186 | 3,221 | 3,145 | 3,168 | 3,128 | 3,151 | 3,228 | 3,215 | 3,247 | 3,191 | 3,243 | 3,158 | 3,117 | 3,110 | 2,867 | 2,691 | 2,544 | 2,327 |
Operating Cash Flow Growth (YoY) | 0.85% | 0.27% | 1.86% | 2.23% | -2.57% | -1.48% | -3.65% | -1.25% | -0.45% | 1.82% | 4.15% | 2.63% | 13.11% | 17.36% | 22.55% | 33.62% | 32.04% | 28.79% | 24.51% | 14.63% |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Acquisition of Real Estate Assets | -1,546 | -1,508 | -1,625 | -1,601 | -1,193 | -1,103 | -1,027 | -1,386 | -1,492 | -1,626 | -1,649 | -1,281 | -1,457 | -1,430 | -1,556 | -3,307 | -3,281 | -5,298 | -5,424 | -3,805 |
Sale of Real Estate Assets | 32.98 | 6.23 | 8.15 | 6.28 | 8.79 | 8.56 | 8.39 | 45.9 | 42.43 | 42.41 | 39.99 | 0.1 | 1.54 | 1.54 | 1.54 | 1.77 | 0.58 | 4.73 | 16.3 | 16.47 |
Net Sale / Acq. of Real Estate Assets | -1,513 | -1,502 | -1,617 | -1,595 | -1,184 | -1,095 | -1,018 | -1,340 | -1,449 | -1,583 | -1,609 | -1,281 | -1,455 | -1,429 | -1,554 | -3,305 | -3,280 | -5,293 | -5,408 | -3,788 |
Cash Acquisition | - | - | - | - | - | - | - | - | -2,178 | -2,178 | -2,178 | -2,178 | - | - | - | - | - | - | - | - |
Investment in Marketable & Equity Securities | - | - | - | - | - | 13.29 | 13.29 | 21.1 | 21.1 | 10.98 | 10.98 | 3.17 | 2,648 | 2,650 | 2,650 | 2,660 | 15.29 | 19.52 | 19.52 | 22.62 |
Other Investing Activities | -93.79 | -107.59 | -131.23 | -92.8 | -77.84 | -33.6 | -9.96 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Investing Cash Flow | -1,555 | -1,546 | -1,685 | -1,732 | -1,250 | -1,103 | -1,003 | -1,081 | -3,369 | -3,513 | -3,539 | -3,481 | 1,169 | 1,196 | 1,120 | -819.94 | -3,440 | -5,448 | -5,564 | -3,781 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Long-Term Debt Issued | - | - | 1,356 | - | - | - | 1,151 | - | - | - | 2,181 | - | - | - | - | - | - | - | 5,039 | - |
Total Debt Issued | 982.35 | 1,681 | 1,356 | 866.53 | 866.53 | 1,151 | 1,151 | 1,151 | 3,332 | 2,181 | 2,181 | 2,181 | - | - | - | 1,739 | 2,556 | 4,543 | 5,039 | 3,300 |
Long-Term Debt Repaid | - | - | -651.52 | - | - | - | -808.51 | - | - | - | -8.26 | - | - | - | -513.5 | - | - | - | -2.22 | - |
Total Debt Repaid | -1,152 | -1,152 | -651.52 | -400.13 | -0.13 | -808.5 | -808.51 | -808.5 | -808.5 | -8.17 | -8.26 | -19.45 | -521.22 | -513.39 | -513.5 | -502.9 | -1.64 | -1.93 | -2.22 | -2.1 |
Net Debt Issued (Repaid) | -169.17 | 529.9 | 704.9 | 466.4 | 866.4 | 342.52 | 342.52 | 342.52 | 2,524 | 2,173 | 2,173 | 2,162 | -521.22 | -513.39 | -513.5 | 1,236 | 2,555 | 4,541 | 5,037 | 3,298 |
Issuance of Common Stock | 25.27 | 14.06 | 9.41 | 86.16 | 105.01 | 102.98 | 107.6 | 52.95 | 33.44 | 35.82 | 53.13 | 38.46 | 53.84 | 52.31 | 35.27 | 42.36 | 59.75 | 99.23 | 95.86 | 88.57 |
Repurchase of Common Stock | -8.47 | -8.58 | -8.65 | -9.85 | -10.09 | -210.01 | -212.67 | -210.21 | -210.17 | -10.35 | -13.95 | -13.88 | -14.01 | -15.19 | -16.83 | -15.62 | -16.27 | -16.36 | -13.07 | -11.25 |
Preferred Stock Issued | - | - | - | - | - | - | - | - | - | - | - | 7.17 | 7.17 | 7.17 | 250 | 700.02 | 838.99 | 1,425 | 1,183 | 1,199 |
Preferred Share Repurchases | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -350 | -675 | -875 | -1,175 | -825 |
Common Dividends Paid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -350.93 | -702.16 | -1,052 | -1,402 | -1,401 |
Preferred Dividends Paid | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -48.08 | -94.32 | -140.5 | -186.58 | -186.72 |
Common & Preferred Dividends Paid | -2,304 | -2,304 | -2,303 | -2,303 | -2,302 | -2,301 | -2,302 | -2,303 | -2,304 | -2,306 | -2,305 | -2,129 | -4,262 | -4,085 | -3,908 | -3,509 | -799.5 | -399.58 | - | - |
Total Dividends Paid | -2,304 | -2,304 | -2,303 | -2,303 | -2,302 | -2,301 | -2,302 | -2,303 | -2,304 | -2,306 | -2,305 | -2,129 | -4,262 | -4,085 | -3,908 | -3,908 | -1,596 | -1,592 | -1,589 | -1,588 |
Other Financing Activities | -5.62 | -14.55 | -32.97 | -31.08 | -23.33 | -14.68 | -14.09 | -14.01 | -10.87 | -18.87 | -19.8 | -26.66 | -34.72 | -41.73 | -39.72 | -67.56 | -58.87 | -41.79 | -39.95 | -42.54 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Foreign Exchange Rate Adjustments | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.17 | - | 0.19 | 0.33 | 0.5 | 0.51 | 0.08 |
Net Cash Flow | -844.67 | -152.57 | -129.32 | -302.54 | 531.15 | -15.01 | 47.04 | -61.35 | -108.64 | -423.59 | -404.78 | -251.32 | -359.3 | -242.15 | 43.87 | -72.67 | 534.95 | 782.68 | 478.69 | 665.64 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Levered Free Cash Flow | 2,334 | 2,339 | 2,311 | 2,316 | 2,480 | 2,449 | 2,405 | 2,637 | 2,691 | 2,634 | 2,673 | 2,353 | 2,316 | 2,271 | 2,323 | 2,088 | 1,945 | 1,851 | 1,831 | 1,733 |
Unlevered Free Cash Flow | 2,527 | 2,523 | 2,491 | 2,488 | 2,647 | 2,620 | 2,575 | 2,807 | 2,858 | 2,780 | 2,791 | 2,459 | 2,407 | 2,358 | 2,408 | 2,169 | 2,020 | 1,919 | 1,887 | 1,783 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash Interest Paid | 275.23 | 282.76 | 273.01 | 279.37 | 277.85 | 276.26 | 269.5 | 266.38 | 207.53 | 201.16 | 146.21 | 130.6 | 131.73 | 126.31 | 127.71 | 115.5 | 111.4 | 80.5 | 74.19 | 62.3 |
Cash Income Tax Paid | 6.25 | 6.94 | 6.35 | 6.21 | 6.64 | 5.13 | 6.88 | 6.79 | 8.51 | 11.48 | 11.06 | 22.13 | 19.99 | 12.39 | 11.29 | - | - | - | 12.7 | - |
Change in Working Capital | -32.16 | -24.2 | 1.8 | 35.16 | -22.84 | -0.11 | -29.79 | -28.83 | 29.85 | -2.4 | 18.9 | -20.97 | -20.28 | -53.26 | -9.05 | 49.76 | -12.9 | -34.85 | 12.87 | - |