Public Storage (PSA) FCF Margin (2009 - 2026)
Public Storage's FCF Margin came in at 65.90% for Q2 2026, down 0.38 percentage points from 66.28% a year earlier but up 13.58 percentage points from the prior quarter.
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Analysis
Public Storage (PSA) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Public Storage reported FCF Margin of 59.11%, down 0.69 percentage points year-over-year; for FY2025, it came in at 59.61%, down 0.05 percentage points from FY2024.
- FCF Margin has declined in each of the last three years, with a five-year change of -10.47 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 59.66% in FY2024 (-4.14 pp), 63.80% in FY2023 (-3.24 pp), 67.04% in FY2022 (+0.83 pp) and 66.21% in FY2021 (-3.87 pp).
- The five-year range for quarterly FCF Margin is 50.21% (Q1 2024) to 85.19% (Q3 2022).
- Year-over-year, FCF Margin has declined for three consecutive quarters, with an average year-over-year change of -1.32 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2021 (a gain of 10.38 percentage points), and the weakest in Q4 2022 (a drop of 18.74 percentage points).
- Business Quant data shows PSA's FCF Margin at 52.32% (Q1 2026), 54.36% (Q4 2025) and 63.74% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | - |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | 52.96% |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 70.29% |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | 65.90% |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | 26.29% |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | - |
| 10 | Invitation Homes | 15.68 Bn | 15.72 Bn | - | 42.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.90% |
| Mar 31, 2026 | 52.32% |
| Dec 31, 2025 | 54.36% |
| Sep 30, 2025 | 63.74% |
| Jun 30, 2025 | 66.28% |
| Mar 31, 2025 | 53.97% |
| Dec 31, 2024 | 58.51% |
| Sep 30, 2024 | 60.33% |
| Jun 30, 2024 | 69.46% |
| Mar 31, 2024 | 50.21% |
| Dec 31, 2023 | 58.30% |
| Sep 30, 2023 | 68.90% |
| Jun 30, 2023 | 70.54% |
| Mar 31, 2023 | 57.39% |
| Dec 31, 2022 | 60.11% |
| Sep 30, 2022 | 85.19% |
| Jun 30, 2022 | 77.28% |
| Mar 31, 2022 | 67.41% |
| Dec 31, 2021 | 78.85% |
| Sep 30, 2021 | 76.46% |
API Access
Public Storage FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=PSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "PSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();