PSA Q2 2018 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$53B

Q2 2018 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$686M+3.2% YoY

Gross Profit

$495M72.1% margin

Operating Income

$343M50.1% margin

Net Income

$404M58.9% margin

EPS (Diluted)

$2.00

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

$521M

Free Cash Flow

$487M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$10.7B

Total Liabilities

$1.8B

Stockholders' Equity

$8.9B

Cash & Equivalents

$338M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$686M	$664M	+3.2%
Gross Profit	$495M	$482M	+2.7%
Operating Income	$343M	$357M	-3.7%
Net Income	$404M	$354M	+14.2%

Revenue Segments

Self Storage Operations

$645M94%

Ancillary Operations

$40M6%