Public Storage (PSA) Free Cash Flow (2009 - 2026)
Public Storage (PSA) posted Free Cash Flow of $682.9 million for Q2 2026, up 7.19% on a QoQ basis from $637.1 million in Q1 2026, and down 3.87% year-over-year from $710.4 million in Q2 2025.
Public Storage (PSA) Free Cash Flow (2009 - 2026) Analysis & Trends
Public Storage has reported Free Cash Flow for 18 years, with the latest figure at $682.9 million in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 3.87% year-over-year to $682.9 million in Q2 2026; TTM through Jun 2026 was $2.3 billion, a 14.69% decrease from a year earlier, with the FY2025 full-year figure at $2.2 billion, down 20.01% from the prior year.
- Free Cash Flow was $682.9 million for Q2 2026 at Public Storage, up from $637.1 million in the prior quarter.
- The five-year high for Free Cash Flow was $814.9 million in Q2 2024, with the low at $363.8 million in Q3 2025.
- Average Free Cash Flow over 5 years is $638.6 million, with a median of $633.1 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Free Cash Flow jumped 140.05% in 2022, then plunged 49.23% in 2025.
- Over 5 years, Free Cash Flow stood at $507.8 million in 2022, then climbed by 22.07% to $619.8 million in 2023, then increased by 11.15% to $688.9 million in 2024, then decreased by 12.54% to $602.6 million in 2025, then climbed by 13.34% to $682.9 million in 2026.
- The last three Free Cash Flow figures came in at $682.9 million (Q2 2026), $637.1 million (Q1 2026), and $602.6 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | 684.33 Mn |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | - |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 948.84 Mn |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | -755.59 Mn |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 682.92 Mn |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | -920.75 Mn |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | 427.58 Mn |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 293.77 Mn |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | - |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 321.23 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 682.92 Mn |
| Mar 31, 2026 | 637.09 Mn |
| Dec 31, 2025 | 602.56 Mn |
| Sep 30, 2025 | 363.81 Mn |
| Jun 30, 2025 | 710.42 Mn |
| Mar 31, 2025 | 564.07 Mn |
| Dec 31, 2024 | 688.93 Mn |
| Sep 30, 2024 | 716.54 Mn |
| Jun 30, 2024 | 814.87 Mn |
| Mar 31, 2024 | 581.06 Mn |
| Dec 31, 2023 | 619.83 Mn |
| Sep 30, 2023 | 765.13 Mn |
| Jun 30, 2023 | 760.50 Mn |
| Mar 31, 2023 | 628.02 Mn |
| Dec 31, 2022 | 507.76 Mn |
| Sep 30, 2022 | 629.08 Mn |
| Jun 30, 2022 | 678.39 Mn |
| Mar 31, 2022 | 543.96 Mn |
| Dec 31, 2021 | -1.47 Bn |
| Sep 30, 2021 | 357.34 Mn |
Public Storage Free Cash Flow 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=free-cash-flow&ticker=PSA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();