Public Storage (PSA) FCF Payout Ratio (2009 - 2026)
Public Storage's FCF Payout Ratio was 0.04 in Q3 2026, down 92.8% from 0.56 a year earlier and down 96.2% from the prior quarter.
Public Storage (PSA) FCF Payout Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Public Storage's FCF Payout Ratio was 1.11 through Sep 30, 2026, up 20.6% year-over-year; for FY2025, it was 1.35, up 34.1% from FY2024.
- In earlier years, FCF Payout Ratio was 1.00 in FY2024 (-5.4%), 1.06 in FY2023 (-50.4%) and 2.14 in FY2022.
- The Q3 2026 figure marks the lowest quarterly FCF Payout Ratio in data going back to Q1 2009.
- Compared with a year earlier, FCF Payout Ratio was higher in four of the last seven quarters, with an average decline of 14.3%.
- The best year-over-year quarter for FCF Payout Ratio over five years was Q3 2022 (growth of 461.2%); the worst was Q3 2026 (a decline of 92.8%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | - |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | - |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | - |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | 0.04 |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | - |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | - |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 0.90 |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 0.77 |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | 1.42 |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 0.36 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.04 |
| Jun 30, 2026 | 1.05 |
| Mar 31, 2026 | 1.01 |
| Sep 30, 2025 | 0.56 |
| Jun 30, 2025 | 0.96 |
| Mar 31, 2025 | 1.25 |
| Dec 31, 2024 | 1.43 |
| Sep 30, 2024 | 0.91 |
| Jun 30, 2024 | 0.77 |
| Mar 31, 2024 | 1.12 |
| Dec 31, 2023 | 1.35 |
| Sep 30, 2023 | 0.92 |
| Jun 30, 2023 | 0.96 |
| Mar 31, 2023 | 1.10 |
| Dec 31, 2022 | 1.08 |
| Sep 30, 2022 | 8.00 |
| Jun 30, 2022 | 0.59 |
| Mar 31, 2022 | 0.90 |
| Sep 30, 2021 | 1.43 |
| Mar 31, 2021 | 1.47 |
Public Storage FCF Payout Ratio 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-payout-ratio&ticker=PSA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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-payout-ratio&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();