PSA Q2 2019 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$53B

Q2 2019 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$711M+3.7% YoY

Gross Profit

$503M70.8% margin

Operating Income

$361M50.8% margin

Net Income

$370M52.1% margin

EPS (Diluted)

$1.76

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$545M

Free Cash Flow

$507M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$11.1B

Total Liabilities

$2.3B

Stockholders' Equity

$8.8B

Cash & Equivalents

$360M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$711M	$686M	+3.7%
Gross Profit	$503M	$495M	+1.8%
Operating Income	$361M	$343M	+5.1%
Net Income	$370M	$404M	-8.4%

Revenue Segments

Self Storage Operations

$669M94%

Ancillary Operations

$42M6%