Public Storage (PSA) FCF Margin (2009 - 2026)
Public Storage's FCF Margin came in at 61.86% for Q3 2026, down 22.52 percentage points from 84.39% a year earlier but up 17.46 percentage points from the prior quarter.
Public Storage (PSA) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Public Storage reported FCF Margin of 31.47%, down 20.69 percentage points year-over-year; for FY2025, it came in at 35.48%, down 13.38 percentage points from FY2024.
- FCF Margin carries a five-year change of -1.59 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 48.86% in FY2024 (+0.77 pp), 48.09% in FY2023 (+4.40 pp), 43.68% in FY2022 (+129.24 pp) and -85.56% in FY2021 (-122.63 pp).
- The five-year range for quarterly FCF Margin is -186.39% (Q4 2021) to 84.39% (Q3 2025).
- Year-over-year, FCF Margin increased in two of the last eight quarters, with an average year-over-year change of -9.50 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q2 2022 (a gain of 276.00 percentage points), and the weakest in Q4 2021 (a drop of 181.81 percentage points).
- Business Quant data shows PSA's FCF Margin at 44.41% (Q2 2026), 47.00% (Q1 2026) and -31.37% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.70 Bn | 166.77 Bn | 1.47 Bn | -78.67% |
| 2 | Prologis | 122.17 Bn | 120.56 Bn | - | 8.67% |
| 3 | Simon Property | 80.16 Bn | 78.26 Bn | - | 45.30% |
| 4 | Public Storage | 62.28 Bn | 61.73 Bn | 112.08 Mn | 61.86% |
| 5 | Realty Income | 56.35 Bn | 57.74 Bn | - | -70.50% |
| 6 | Ventas | 47.42 Bn | 46.59 Bn | -3.39 Bn | -44.56% |
| 7 | Ryman Hospitality Properties | 47.10 Bn | 45.93 Bn | 266.41 Mn | 10.98% |
| 8 | Vivmark Residential | 37.16 Bn | 36.91 Bn | - | -58.77% |
| 9 | Extra Space Storage | 33.05 Bn | 32.83 Bn | 650.96 Mn | 42.53% |
| 10 | Vici Properties | 27.32 Bn | 26.10 Bn | 1.06 Bn | 60.78% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 61.86% |
| Jun 30, 2026 | 44.41% |
| Mar 31, 2026 | 47.00% |
| Dec 31, 2025 | -31.37% |
| Sep 30, 2025 | 84.39% |
| Jun 30, 2025 | 49.83% |
| Mar 31, 2025 | 39.02% |
| Dec 31, 2024 | 34.23% |
| Sep 30, 2024 | 53.45% |
| Jun 30, 2024 | 63.23% |
| Mar 31, 2024 | 44.48% |
| Dec 31, 2023 | 36.71% |
| Sep 30, 2023 | 54.61% |
| Jun 30, 2023 | 53.41% |
| Mar 31, 2023 | 47.88% |
| Dec 31, 2022 | 34.06% |
| Sep 30, 2022 | 31.13% |
| Jun 30, 2022 | 65.22% |
| Mar 31, 2022 | 45.65% |
| Dec 31, 2021 | -186.39% |
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_KEY
import 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();