PSA Q3 2019 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$53B

Q3 2019 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$729M+3.3% YoY

Gross Profit

$517M70.9% margin

Operating Income

$371M50.9% margin

Net Income

$398M54.6% margin

EPS (Diluted)

$1.93

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$552M

Free Cash Flow

$493M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$2.6B

Stockholders' Equity

$8.8B

Cash & Equivalents

$541M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$729M	$706M	+3.3%
Gross Profit	$517M	$511M	+1.2%
Operating Income	$371M	$359M	+3.4%
Net Income	$398M	$378M	+5.3%

Revenue Segments

Self Storage Operations

$688M94%

Ancillary Operations

$42M6%