Public Storage (PSA) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI

Public Storage (PSA) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI | MarketCI

PSA

Market Closed

Public Storage

NYSEReal Estate REIT - Industrial

5.90K employees

CEO: H. Thomas Boyle

Founded: 1980

$325.94

+$0.00(+NaN%)

Market Cap

57.22B

Beta

0.96

52W Range

N/A

Dividend Yield

2.76%

Overview Forecasts Fundamental Market Sentiment Valuation Ownership

Financial Statements

Comprehensive breakdown of financial statements and performance metrics

Gross Margin

25.0%

-65.0%

CAGR: -16.7%

Profit after direct costs

Operating Margin

46.7%

2.4%

CAGR: 7.2%

Core business profitability

Net Margin

37.0%

-13.9%

CAGR: -2.2%

Bottom line profitability

Revenue Growth

2.7%

YoY

CAGR: 9.0%

Top line growth rate

Revenue Flow Analysis

Visual flow showing how PSA allocates revenue across expenses and profit

Fiscal Year 2025

Revenue Distribution

Flow of revenue through cost categories to net income

Gross Margin

25.0%

$1.20B

Operating Margin

46.7%

$2.25B

Net Margin

37.0%

$1.78B

Detailed Income Statement

Complete profit and loss breakdown with margin analysis and historical comparison

Item	2021	2022	2023	2024	2025	YoY Change
Total Revenue	3.42B	4.18B	4.52B	4.70B	4.82B	2.7%
Cost of Revenue	(920.60M)	(1.05B)	(1.15B)	(1.26B)	(3.62B)	187.8%
Gross Profit	2.50B	3.13B	3.37B	3.44B	1.20B	-65.0%
Operating Expenses
Research & Development	(8.40M)	(17.54M)	—	—	—	—
Selling, General & Administrative	(75.97M)	(71.67M)	(80.63M)	(106.68M)	(106.68M)	0.0%
General & Administrative	(75.97M)	(71.67M)	(80.63M)	(106.68M)	(106.68M)	0.0%
Depreciation & Amortization	(713.43M)	(888.15M)	(970.06M)	(1.13B)	(1.15B)	2.0%
Operating Income (EBIT)	1.71B	2.17B	2.32B	2.20B	2.25B	2.4%
Non-Operating Items
Interest Income	12.31M	20.82M	64.82M	44.66M	36.62M	-18.0%
Interest Expense	(90.77M)	(136.32M)	(201.13M)	(287.40M)	(304.50M)	5.9%
Other Income/Expenses (Net)	266.17M	2.21B	-148.12M	-112.09M	-464.51M	314.4%
Income Before Tax	1.97B	4.38B	2.17B	2.09B	1.79B	-14.3%
Income Tax Expense	(12.37M)	(14.33M)	(10.82M)	(4.67M)	(7.23M)	-254.8%
Net Income	1.95B	4.35B	2.15B	2.07B	1.78B	-13.9%
Per Share Metrics
Earnings Per Share (Basic)	$10	$24	$11	$11	$9	-15.4%
Weighted Avg Shares Outstanding	174.86M	175.26M	175.47M	175.35M	175.45M	0.1%
Weighted Avg Shares Outstanding (Diluted)	175.57M	176.28M	176.14M	176.04M	175.90M	-0.1%
EBITDA	2.78B	5.41B	3.34B	3.51B	3.25B	-7.4%

Explore PSA

Overview

Key metrics and AI-powered insights

Forecast

Price targets and earnings estimates

Fundamentals

Income, balance sheet and cash flow

Valuation

P/E, DCF and valuation multiples

Ownership

Institutional and insider holdings

Sentiment

Analyst ratings and news sentiment

PSA in the Real Estate

Large Cap

Real Estate

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REIT - Industrial

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