Public Storage (PSA) FCF Margin (2009 - 2026)
Public Storage (PSA) posted FCF Margin of 55.39% for Q2 2026, up 5.88% on a QoQ basis from 52.32% in Q1 2026, and down 376.0% year-over-year from 20.07% in Q2 2025.
Analysis
Public Storage (PSA) FCF Margin (2009 - 2026) Analysis & Trends
Public Storage has reported FCF Margin for 18 years, with the latest figure at 55.39% in Q2 2026.
- On a quarterly basis, FCF Margin fell 376.0% year-over-year to 55.39% in Q2 2026; TTM through Jun 2026 was 46.75%, a 967.0% decrease from a year earlier, with the FY2025 full-year figure at 46.45%, down 1321.0% from the prior year.
- FCF Margin was 55.39% for Q2 2026 at Public Storage, up from 52.32% in the prior quarter.
- The five-year high for FCF Margin was 69.46% in Q2 2024, with the low at 29.72% in Q3 2025.
- Average FCF Margin over 5 years is 55.78%, with a median of 56.64% recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: FCF Margin soared 26999 bps in 2022, then slumped 3060 bps in 2025.
- Over 5 years, FCF Margin stood at 46.65% in 2022, then grew by 15 bps to 53.44% in 2023, then climbed by 9 bps to 58.51% in 2024, then fell by 15 bps to 49.56% in 2025, then rose by 12 bps to 55.39% in 2026.
- The last three FCF Margin figures came in at 55.39% (Q2 2026), 52.32% (Q1 2026), and 49.56% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Public Storage | 51.71 Bn | 51.45 Bn | 1.20 Bn | 55.39% |
| 2 | Extra Space Storage | 28.65 Bn | 28.65 Bn | 642.43 Mn | 48.91% |
| 3 | CubeSmart | 8.83 Bn | 8.83 Bn | 190.47 Mn | 46.15% |
| 4 | SmartStop Self Storage REIT | 1.76 Bn | 1.72 Bn | 47.65 Mn | -12.64% |
| 5 | Global Self Storage | 58.24 Mn | 58.24 Mn | - | 37.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.39% |
| Mar 31, 2026 | 52.32% |
| Dec 31, 2025 | 49.56% |
| Sep 30, 2025 | 29.72% |
| Jun 30, 2025 | 59.15% |
| Mar 31, 2025 | 47.67% |
| Dec 31, 2024 | 58.51% |
| Sep 30, 2024 | 60.33% |
| Jun 30, 2024 | 69.46% |
| Mar 31, 2024 | 50.21% |
| Dec 31, 2023 | 53.44% |
| Sep 30, 2023 | 66.89% |
| Jun 30, 2023 | 67.92% |
| Mar 31, 2023 | 57.39% |
| Dec 31, 2022 | 46.65% |
| Sep 30, 2022 | 57.81% |
| Jun 30, 2022 | 65.73% |
| Mar 31, 2022 | 55.88% |
| Dec 31, 2021 | -159.36% |
| Sep 30, 2021 | 39.93% |