PSAPublic Storage

$53B

Q3 2017 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$686M+3.5% YoY

Gross Profit

$496M72.2% margin

Operating Income

$360M52.5% margin

Net Income

$357M52.0% margin

EPS (Diluted)

$1.61

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$537M

Free Cash Flow

$429M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$10.8B

Total Liabilities

$1.8B

Stockholders' Equity

$8.9B

Cash & Equivalents

$694M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$686M	$663M	+3.5%
Gross Profit	$496M	$485M	+2.3%
Operating Income	$360M	$353M	+2.0%
Net Income	$357M	$367M	-2.9%

Revenue Segments

Self Storage Operations

$646M94%

Ancillary Operations

$40M6%

PSA Q3 2017 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena