PSA Q3 2018 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$53B

Q3 2018 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$706M+2.9% YoY

Gross Profit

$511M72.3% margin

Operating Income

$359M50.8% margin

Net Income

$378M53.5% margin

EPS (Diluted)

$1.85

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$592M

Free Cash Flow

$557M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$10.7B

Total Liabilities

$1.8B

Stockholders' Equity

$8.9B

Cash & Equivalents

$433M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$706M	$686M	+2.9%
Gross Profit	$511M	$496M	+3.0%
Operating Income	$359M	$360M	-0.3%
Net Income	$378M	$357M	+6.0%

Revenue Segments

Self Storage Operations

$667M94%

Ancillary Operations

$40M6%