Public Storage (PSA)
NYSE: PSA · IEX Real-Time Price · USD
300.74
+5.82 (1.97%)
Jul 26, 2024, 4:00 PM EDT - Market closed
Public Storage Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Year Ending | TTM | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | 2018 - 2013 |
|---|---|---|---|---|---|---|---|
| Rental Revenue | 4,313 | 4,260 | 3,946 | 3,204 | 2,722 | 2,685 | Upgrade
|
| Other Revenue | 295.2 | 285.97 | 294.02 | 444.35 | 273.94 | 240.1 | Upgrade
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| Total Revenue | 4,609 | 4,546 | 4,240 | 3,648 | 2,996 | 2,925 | Upgrade
|
| Revenue Growth (YoY | 6.02% | 7.21% | 16.23% | 21.78% | 2.42% | 3.52% | Upgrade
|
| Property Expenses | 1,197 | 1,163 | 1,075 | 933.52 | 867.46 | 813.15 | Upgrade
|
| Selling, General & Administrative | 85.01 | 80.63 | 71.67 | 75.97 | 79.97 | 62.15 | Upgrade
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| Depreciation & Amortization | 1,034 | 970.06 | 888.15 | 713.43 | 553.26 | 512.92 | Upgrade
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| Total Operating Expenses | 2,316 | 2,213 | 2,034 | 1,723 | 1,501 | 1,388 | Upgrade
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| Operating Income | 2,293 | 2,332 | 2,206 | 1,925 | 1,495 | 1,536 | Upgrade
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| Interest Expense | -232.81 | -201.13 | -136.32 | -90.77 | -56.28 | -45.64 | Upgrade
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| Net Interest Expense | -171.21 | -136.31 | -115.5 | -78.47 | -33.96 | -18.96 | Upgrade
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| EBT Excluding Unusual Items | 2,153 | 2,163 | 2,203 | 1,958 | 1,363 | 1,525 | Upgrade
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| Gain (Loss) on Sale of Investments | 1.7 | 2.82 | 2,183 | - | - | - | Upgrade
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| Gain (Loss) on Sale of Assets | 18.05 | 17.18 | 1.5 | 13.68 | 1.49 | 0.34 | Upgrade
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| Pretax Income | 2,161 | 2,171 | 4,381 | 1,972 | 1,361 | 1,526 | Upgrade
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| Income Tax Expense | 9.2 | 10.82 | 14.33 | 12.37 | - | - | Upgrade
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| Earnings From Continuing Operations | 2,151 | 2,160 | 4,366 | 1,960 | 1,361 | 1,526 | Upgrade
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| Net Income to Company | 2,151 | - | - | - | - | - | Upgrade
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| Minority Interest | -11.84 | -11.79 | -17.13 | -6.38 | -4.01 | -5.12 | Upgrade
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| Preferred Dividends & Other Adjustments | 199.21 | 199.59 | 206.86 | 220.82 | 258.88 | 247.77 | Upgrade
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| Net Income to Common Shareholders | 1,940 | 1,949 | 4,142 | 1,732 | 1,098 | 1,273 | Upgrade
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| Net Income Growth | -50.85% | -50.60% | 122.66% | 43.92% | -10.74% | -11.13% | Upgrade
|
| Basic Shares Outstanding | 176 | 175 | 175 | 175 | 174 | 174 | Upgrade
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| Diluted Shares Outstanding | 176 | 176 | 176 | 176 | 175 | 175 | Upgrade
|
| Shares Change (YoY) | -0.05% | -0.08% | 0.41% | 0.53% | 0.06% | 0.13% | Upgrade
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| EPS (Basic) | 11.05 | 11.11 | 23.64 | 9.91 | 6.29 | 7.30 | Upgrade
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| EPS (Diluted) | 11.01 | 11.06 | 23.50 | 9.87 | 6.29 | 7.29 | Upgrade
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| EPS Growth | -53.19% | -52.94% | 138.10% | 56.92% | -13.72% | -14.64% | Upgrade
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| Dividend Per Share | 12.000 | 12.000 | 8.000 | 8.000 | 8.000 | 8.000 | Upgrade
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| Dividend Growth | 33.33% | 50.00% | 0% | 0% | 0% | 0% | Upgrade
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| Payout Ratio | 108.99% | 107.31% | 89.87% | 81.35% | 118.36% | 105.80% | Upgrade
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| EBITDA | 3,327 | 3,302 | 3,094 | 2,638 | 2,048 | 2,049 | Upgrade
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| EBITDA Margin | 72.18% | 72.65% | 72.96% | 72.33% | 68.37% | 70.07% | Upgrade
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| D&A For Ebitda | 1,034 | 970.06 | 888.15 | 713.43 | 553.26 | 512.92 | Upgrade
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| EBIT | 2,293 | 2,332 | 2,206 | 1,925 | 1,495 | 1,536 | Upgrade
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| EBIT Margin | 49.75% | 51.31% | 52.02% | 52.77% | 49.90% | 52.53% | Upgrade
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| Funds From Operations (FFO) | 2,978 | 2,924 | 2,901 | 2,346 | 1,702 | 1,846 | Upgrade
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| FFO Per Share | 16.91 | 16.60 | 16.46 | 13.36 | 9.75 | 10.58 | Upgrade
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| Adjusted Funds From Operations (AFFO) | - | 2,464 | 2,448 | 2,346 | 1,702 | 1,846 | Upgrade
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| AFFO Per Share | - | 13.99 | 13.89 | 13.36 | 9.75 | 10.58 | Upgrade
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| Effective Tax Rate | 0.43% | 0.50% | 0.33% | 0.63% | - | - | Upgrade
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| Revenue as Reported | 4,581 | 4,518 | 4,182 | 3,416 | 2,915 | 2,855 | Upgrade
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Source: S&P Capital IQ. Real Estate template.