PSA Q2 2020 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$53B

Q2 2020 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$713M+0.3% YoY

Gross Profit

$481M67.4% margin

Operating Income

$326M45.7% margin

Net Income

$315M44.2% margin

EPS (Diluted)

$1.41

QoQ Revenue Growth

-0.8%

Cash Flow

Operating Cash Flow

$539M

Free Cash Flow

$497M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$12.4B

Total Liabilities

$3.3B

Stockholders' Equity

$9.0B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$713M	$711M	+0.3%
Gross Profit	$481M	$503M	-4.5%
Operating Income	$326M	$361M	-9.7%
Net Income	$315M	$370M	-14.9%

Revenue Segments

Self Storage Operations

$665M94%

Ancillary Operations

$45M6%