PSA Q3 2022 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$54B

Q3 2022 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$1.1B+21.6% YoY

Gross Profit

$811M74.5% margin

Operating Income

$561M51.5% margin

Net Income

$2.8B254.5% margin

EPS (Diluted)

$15.38

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$927M

Free Cash Flow

$802M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$17.5B

Total Liabilities

$7.3B

Stockholders' Equity

$10.0B

Cash & Equivalents

$884M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$895M	+21.6%
Gross Profit	$811M	$658M	+23.2%
Operating Income	$561M	$438M	+28.1%
Net Income	$2.8B	$490M	+465.0%

Revenue Segments

Self Storage Operations

$1.0B94%

Ancillary Operations

$61M6%