PSAPublic Storage

$53B

Q3 2020 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$735M+0.7% YoY

Gross Profit

$510M69.5% margin

Operating Income

$354M48.1% margin

Net Income

$325M44.2% margin

EPS (Diluted)

$1.41

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$528M

Free Cash Flow

$495M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$2.9B

Stockholders' Equity

$8.4B

Cash & Equivalents

$294M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$735M	$729M	+0.7%
Gross Profit	$510M	$517M	-1.3%
Operating Income	$354M	$371M	-4.7%
Net Income	$325M	$398M	-18.4%

Revenue Segments

Self Storage Operations

$684M94%

Ancillary Operations

$47M6%

PSA Q3 2020 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena