PSA Q1 2025 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$54B

Q1 2025 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$1.2B+2.2% YoY

Gross Profit

$851M72.0% margin

Operating Income

$543M45.9% margin

Net Income

$408M34.5% margin

EPS (Diluted)

$2.04

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$705M

Free Cash Flow

$647M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$19.6B

Total Liabilities

$9.9B

Stockholders' Equity

$9.6B

Cash & Equivalents

$287M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.2B	+2.2%
Gross Profit	$851M	$833M	+2.2%
Operating Income	$543M	$526M	+3.3%
Net Income	$408M	$509M	-19.9%