PSA Q1 2017 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$53B

Q1 2017 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$646M+5.5% YoY

Gross Profit

$463M71.7% margin

Operating Income

$327M50.6% margin

Net Income

$342M53.0% margin

EPS (Diluted)

$1.62

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$459M

Free Cash Flow

$364M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$10.1B

Total Liabilities

$690M

Stockholders' Equity

$9.4B

Cash & Equivalents

$121M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$646M	$612M	+5.5%
Gross Profit	$463M	$439M	+5.5%
Operating Income	$327M	$310M	+5.3%
Net Income	$342M	$316M	+8.4%

Revenue Segments

Self Storage Operations

$608M94%

Ancillary Operations

$38M6%