Public Storage
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $500.0M | $526.3M | $507.1M | $511.1M | $358.4M | $407.8M | $614.6M | $430.3M |
| Depreciation & Amortization | $287.8M | $290.7M | $295.5M | $290.4M | $283.2M | $282.7M | $280.9M | $280.3M |
| Depreciation | $271.8M | $269.2M | $268.9M | $263.0M | $257.8M | $256.2M | $253.8M | $251.2M |
| Amortization | $15.5M | $19.2M | $23.7M | $26.5M | $20.5M | $23.3M | $24.2M | $26.6M |
| Stock-Based Compensation | $12.8M | $11.9M | $9.5M | $9.5M | $10.6M | $10.3M | $12.6M | $10.9M |
| Net Cash from Operating Activities | $868.4M | $694.8M | $733.6M | $875.1M | $872.7M | $705.1M | $768.6M | $798.8M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-347.0M | $-147.3M | $-364.3M | $-696.0M | $-338.3M | $-286.5M | $-411.6M | $-213.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-396.2M | $-731.0M | $-347.6M | $-987.3M | $283.0M | $-578.8M | $-508.6M | $-559.9M |
| Net Change in Cash | $125.3M | $-183.5M | $21.6M | $-808.1M | $817.4M | $-160.2M | $-151.6M | $25.5M |
| Free Cash Flow | — | — | — | — | — | — | — | — |