PSA Cash Flow Statement

Public Storage - Operating, Investing & Free Cash Flow Analysis

Operating Cash Flow

$3.19B

+1.9% YoY

Free Cash Flow

$2.90B

+7.0% YoY

FCF per Share

-

5.38% yield

CapEx

$289.38M

Operating Activities

Cash generated from core business operations

Net Cash from Operations

Primary cash generation

$3.19B
Net Income (Starting Point)$1.78B
+ Depreciation & Amortization$1.15B

Investing Activities

Cash used for investments and capital expenditures

Net Cash from Investing

Total investing activities

($1.69B)
Capital Expenditures (CapEx)$289.38M

Financing Activities

Cash from financing activities including debt, equity, and dividends

Net Cash from Financing

Total financing activities

($1.63B)

Free Cash Flow (FCF) Calculation

Operating Cash Flow$3.19B
- Capital Expenditures$289.38M
= Free Cash Flow$2.90B

Cash Flow Trends (Annual)

PeriodOperating CFInvesting CFFinancing CFFree CF
2025-12-31$3.19B($1.69B)($1.63B)$2.90B
2024-12-31$3.13B($1.00B)($2.08B)$2.71B
2023-12-31$3.25B($3.54B)($112.93M)$2.79B
2022-12-31$3.12B$1.12B($4.19B)$2.66B
2021-12-31$2.54B($5.56B)$3.50B$2.27B

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Frequently Asked Questions

What is PSA free cash flow?

PSA's most recent free cash flow (FCF) is $2.90B. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is available for dividends, buybacks, or debt reduction.

What is PSA operating cash flow?

PSA generated $3.19B in operating cash flow in the most recent period. Operating cash flow shows the cash generated from core business operations.

What is PSA FCF per share?

FCF per share can be calculated by dividing free cash flow by shares outstanding.

Is PSA cash flow growing?

PSA's operating cash flow grew by 1.9% year-over-year. Free cash flow increased by 7.0%.

What is PSA FCF yield?

PSA has a free cash flow yield of 5.38%, calculated as free cash flow divided by market capitalization. A higher FCF yield may indicate better value.

What is PSA capital expenditure?

PSA spent $289.38M on capital expenditures (CapEx) in the most recent period. CapEx represents investments in property, plant, and equipment.

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