PSA Q2 2021 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$53B

Q2 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$829M+16.3% YoY

Gross Profit

$611M73.6% margin

Operating Income

$410M49.5% margin

Net Income

$410M49.5% margin

EPS (Diluted)

$1.97

QoQ Revenue Growth

+8.1%

Cash Flow

Operating Cash Flow

$621M

Free Cash Flow

$567M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$14.5B

Total Liabilities

$5.7B

Stockholders' Equity

$8.7B

Cash & Equivalents

$481M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$829M	$713M	+16.3%
Gross Profit	$611M	$481M	+27.1%
Operating Income	$410M	$326M	+25.9%
Net Income	$410M	$315M	+30.3%

Revenue Segments

Self Storage Operations

$777M94%

Ancillary Operations

$52M6%