PSA FY 2023 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$54B

FY 2023 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$4.5B+8.0% YoY

Gross Profit

$3.4B74.6% margin

Operating Income

$2.3B51.3% margin

Net Income

$2.1B47.6% margin

EPS (Diluted)

$11.06

Cash Flow

Operating Cash Flow

$3.2B

Free Cash Flow

$2.8B

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$19.8B

Total Liabilities

$9.7B

Stockholders' Equity

$10.0B

Cash & Equivalents

$370M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.5B	$4.2B	+8.0%
Gross Profit	$3.4B	$3.1B	+7.7%
Operating Income	$2.3B	$2.2B	+6.9%
Net Income	$2.1B	$4.3B	-50.6%