PSA Q1 2020 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$53B

Q1 2020 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$719M+4.4% YoY

Gross Profit

$494M68.8% margin

Operating Income

$341M47.4% margin

Net Income

$366M50.9% margin

EPS (Diluted)

$1.79

QoQ Revenue Growth

+0.2%

Cash Flow

Operating Cash Flow

$463M

Free Cash Flow

$405M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$11.8B

Total Liabilities

$2.8B

Stockholders' Equity

$9.0B

Cash & Equivalents

$718M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$719M	$689M	+4.4%
Gross Profit	$494M	$485M	+2.0%
Operating Income	$341M	$343M	-0.8%
Net Income	$366M	$367M	-0.1%

Revenue Segments

Self Storage Operations

$674M94%

Ancillary Operations

$42M6%