PSA Q3 2024 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$54B

Q3 2024 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$1.2B+3.8% YoY

Gross Profit

$866M72.9% margin

Operating Income

$560M47.1% margin

Net Income

$430M36.2% margin

EPS (Diluted)

$2.16

QoQ Revenue Growth

+1.2%

Cash Flow

Operating Cash Flow

$799M

Free Cash Flow

$688M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$19.8B

Total Liabilities

$10.1B

Stockholders' Equity

$9.6B

Cash & Equivalents

$599M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.1B	+3.8%
Gross Profit	$866M	$855M	+1.3%
Operating Income	$560M	$595M	-6.0%
Net Income	$430M	$613M	-29.8%

Revenue Segments

Self Storage Operations

$1.1B93%

Ancillary Operations

$78M7%