Public Storage (PSA) quarterly cash flow statement — complete operating, investing & financing history
Public Storage (PSA) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 868.44M | 694.8M | 733.59M | 875.09M | 872.71M | 705.06M | 768.62M | 798.77M | 895.28M | 665.59M | 791.68M | 875.67M | 882.4M | 696.89M | 736.35M | 927.02M | 797.53M | 656.24M | 728.84M | 684.26M |
| Operating CF Growth % | -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% | 42.19% | 29.53% |
| Operating CF / Revenue % | 70.44% | 57.06% | 60.34% | 71.49% | 72.66% | 59.59% | 65.28% | 67.25% | 76.31% | 57.52% | 68.26% | 76.56% | 78.8% | 63.69% | 67.65% | 85.19% | 77.28% | 67.41% | 78.85% | 76.46% |
| Net Income | 502.94M | 529.38M | 510.06M | 514.77M | 361.41M | 410.79M | 618.36M | 433.14M | 521.21M | 511.7M | 441.9M | 616.64M | 581.16M | 520.41M | 414.93M | 2.78B | 656.89M | 516.29M | 622.02M | 491.63M |
| Depreciation & Amortization | 287.76M | 290.72M | 295.55M | 290.36M | 283.22M | 282.71M | 280.89M | 280.33M | 283.34M | 285.2M | 287.52M | 238.75M | 222.13M | 221.65M | 226.54M | 220.77M | 218.71M | 222.13M | 205.29M | 188.55M |
| Stock-Based Compensation | 12.79M | 11.89M | 9.54M | 9.46M | 10.62M | 10.28M | 12.65M | 10.93M | 10.83M | 10.35M | 10.26M | 9.52M | 11.95M | 9.85M | 12.11M | 13.74M | 16.93M | 13.93M | 12.17M | 14.97M |
| Other Non-Cash Items | 8.47M | -40.5M | -28.29M | -801K | 153.01M | 71.96M | -123.38M | 71.07M | -7.28M | -41.3M | 70.95M | -51.22M | 12.23M | 24.04M | 82.77M | -2.15B | -116.95M | -61.26M | -110.64M | -10.89M |
| Working Capital Changes | 56.49M | -96.68M | -53.26M | 61.3M | 64.45M | -70.68M | -19.9M | 3.3M | 87.18M | -100.36M | -18.94M | 61.98M | 54.92M | -79.06M | 0 | 62.66M | 21.95M | -34.85M | 0 | 0 |
| Cash from Investing | -346.96M | -147.32M | -364.31M | -695.98M | -338.28M | -286.52M | -411.64M | -213.34M | -191.07M | -186.58M | -490.22M | -2.5B | -334.96M | -212.31M | -432.49M | 2.15B | -307.29M | -288.53M | -2.37B | -471.38M |
| Acquisitions (Net) | 0 | -20.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale of Investments | 0 | 674K | 0 | 1.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -281.9M | -57.71M | -264.22M | -752.63M | -282.94M | -228.51M | -308.47M | -102.97M | -89.06M | -82.1M | -352.18M | -2.38B | -233.38M | -115.67M | -310.62M | 2.27B | -194.36M | -188.98M | -2.27B | -392.92M |
| Cash from Financing | -396.15M | -730.96M | -347.64M | -987.25M | 283M | -578.78M | -508.56M | -559.89M | -432.93M | -577.2M | -561.45M | 1.6B | -591.12M | -563.97M | -410.38M | -3.21B | -416.61M | -161.25M | 1.42B | 264.89M |
| Dividends Paid | -576.18M | -580.53M | -575.84M | -1.15B | -575.85M | -575.84M | -575.69M | -574.85M | -574.6M | -576.79M | -576.47M | -576.3M | -576.3M | -576.25M | -399.92M | -2.71B | -399.92M | -399.58M | -399.01M | -397.46M |
| Common Dividends | -576.18M | -576.15M | -575.84M | -1.15B | -575.85M | -575.84M | -575.69M | -574.85M | -574.6M | -576.79M | -576.47M | -576.3M | -576.3M | -576.25M | -399.92M | -2.71B | -399.92M | -399.58M | -399.01M | -397.46M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | -1000K | 1000K | -33K | -32K | -31K | 1000K | -36K | -30K | 1000K | -1000K | -129K | -1000K | -1000K | -236K | -236K | 1000K | 1000K |
| Share Repurchases | 0 | -2.8M | 0 | 0 | 0 | 0 | 0 | 0 | -200M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -3.21M | 19.57M | -10.21M | 562.78M | -12.25M | -6.09M | -9.53M | -5.56M | -3.51M | -8.17M | -7.54M | -2.38M | -11.69M | -12.7M | -6.6M | -10.57M | -19.87M | -12.34M | -5.35M | -2.54M |
| Net Change in Cash | 125.33M | -183.49M | 21.64M | -808.14M | 817.43M | -160.24M | -151.59M | 25.55M | 271.27M | -98.19M | -259.98M | -21.74M | -43.68M | -79.38M | -106.52M | -129.71M | 73.47M | 206.63M | -223.06M | 477.92M |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -173K | 173K | 192K | 140K |
| Cash at Beginning | 134.61M | 318.1M | 296.46M | 1.1B | 287.18M | 447.42M | 599M | 573.46M | 302.18M | 400.38M | 660.36M | 682.09M | 725.77M | 805.16M | 911.68M | 1.04B | 967.92M | 761.29M | 984.35M | 506.44M |
| Cash at End | 259.94M | 134.61M | 318.1M | 296.46M | 1.1B | 287.18M | 447.42M | 599M | 573.46M | 302.18M | 400.38M | 660.36M | 682.09M | 725.77M | 805.16M | 911.68M | 1.04B | 967.92M | 761.29M | 984.35M |
| Free Cash Flow | 937.95M | 625.29M | 633.5M | 988.44M | 817.37M | 647.05M | 665.45M | 688.41M | 793.27M | 561.11M | 653.65M | 750.8M | 780.82M | 600.25M | 614.47M | 801.59M | 684.61M | 556.69M | 627.7M | 605.81M |
| FCF Growth % | 14.75% | -3.36% | -4.8% | 43.58% | 3.04% | 15.32% | 1.81% | -8.31% | 1.59% | -6.52% | 6.37% | -6.34% | 14.05% | 7.82% | -2.11% | 32.32% | 20.7% | 17.79% | 32% | 22.34% |
| FCF / Revenue % | 76.08% | 51.35% | 52.11% | 80.75% | 68.05% | 54.69% | 56.52% | 57.96% | 67.62% | 48.49% | 56.36% | 65.64% | 69.73% | 54.86% | 56.45% | 73.67% | 66.34% | 57.19% | 67.91% | 67.69% |