PSA Q3 2021 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$53B

Q3 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$895M+21.8% YoY

Gross Profit

$658M73.5% margin

Operating Income

$438M48.9% margin

Net Income

$490M54.8% margin

EPS (Diluted)

$2.52

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

$684M

Free Cash Flow

$606M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$15.3B

Total Liabilities

$6.2B

Stockholders' Equity

$9.0B

Cash & Equivalents

$958M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$895M	$735M	+21.8%
Gross Profit	$658M	$510M	+29.0%
Operating Income	$438M	$354M	+23.9%
Net Income	$490M	$325M	+50.9%

Revenue Segments

Self Storage Operations

$841M94%

Ancillary Operations

$54M6%