PSA FY 2008 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$52B

FY 2008 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$1.7B-5.2% YoY

Gross Profit

$1.2B67.8% margin

Operating Income

$694M40.4% margin

Net Income

$935M54.4% margin

EPS (Diluted)

$4.18

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$1.0B

Stock-Based Comp.

-$23M

Balance Sheet

Total Assets

$9.9B

Total Liabilities

$856M

Stockholders' Equity

$8.7B

Cash & Equivalents

$681M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.8B	-5.2%
Gross Profit	$1.2B	$1.2B	+0.8%
Operating Income	$694M	$411M	+69.0%
Net Income	$935M	$458M	+104.4%