Public Storage (PSA-PK) FCF Margin (2009 - 2026)

Public Storage (PSA-PK) recorded quarterly FCF Margin of 52.32% in Q1 2026, up 2346.42% quarter-over-quarter from 2.14% in Q4 2025, and down 165.0% on a YoY basis from 80.49% in Q1 2025.

Public Storage (PSA-PK) FCF Margin (2009 - 2026) Analysis & Trends

Public Storage's FCF Margin history runs 18 years deep, the most recent figure standing at 52.32% for Q1 2026.

  • In Q1 2026, FCF Margin fell 165.0% year-over-year to 52.32%; the TTM figure through Mar 2026 stood at 46.09% (down 1446.0% YoY), while the FY2025 annual figure was 46.45%, down 1321.0% from the prior year.
  • FCF Margin was 52.32% for Q1 2026 at Public Storage, up from 2.14% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 85.19% in Q3 2022 to a low of 2.14% in Q4 2025.
  • Historically, FCF Margin has averaged 56.34% across 5 years, with a median of 59.41% in 2023.
  • The sharpest annual moves came in 2022 and 2025: FCF Margin surged 26999 bps in 2022, then sank 3931 bps in 2025.
  • A 5-year view of FCF Margin shows it stood at 19.28% in 2022, then soared by 226 bps to 62.81% in 2023, then tumbled by 34 bps to 41.45% in 2024, then slumped by 95 bps to 2.14% in 2025, then soared by 2346 bps to 52.32% in 2026.
  • The last three FCF Margin figures came in at 52.32% (Q1 2026), 2.14% (Q4 2025), and 76.82% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Prologis 137.79 Bn 141.12 Bn 2.24 Bn 58.44%
2 Public Storage 57.19 Bn 57.15 Bn 1.18 Bn 52.32%
3 Extra Space Storage 31.69 Bn 32.52 Bn -204.61 Mn 1,375.39%
4 Eastgroup Properties 10.93 Bn 10.93 Bn 190.03 Mn 51.00%
5 Lineage 10.07 Bn 10.97 Bn 417.00 Mn -4.24%
6 CubeSmart 9.54 Bn 9.57 Bn 191.86 Mn 49.11%
7 Rexford Industrial Realty 7.99 Bn 8.37 Bn - -
8 STAG Industrial 7.40 Bn 7.47 Bn - 48.42%
9 Terreno Realty 7.04 Bn 7.04 Bn - 38.51%
10 Public Storage - - 1.18 Bn 52.32%

Historic Data

Download Data
DateValue
Mar 31, 2026 52.32%
Dec 31, 2025 2.14%
Sep 30, 2025 76.82%
Jun 30, 2025 52.94%
Mar 31, 2025 53.97%
Dec 31, 2024 41.45%
Sep 30, 2024 77.24%
Jun 30, 2024 69.46%
Mar 31, 2024 50.21%
Dec 31, 2023 62.81%
Sep 30, 2023 66.89%
Jun 30, 2023 65.94%
Mar 31, 2023 59.41%
Dec 31, 2022 19.28%
Sep 30, 2022 85.19%
Jun 30, 2022 65.73%
Mar 31, 2022 55.88%
Dec 31, 2021 -159.36%
Sep 30, 2021 39.93%
Jun 30, 2021 -204.26%