Public Storage PSA
NYSE PSA
$294.58 -7.02 (-2.33%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%