PSA Q4 2019 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$53B

Q4 2019 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$717M+3.6% YoY

Gross Profit

$545M75.9% margin

Operating Income

$390M54.3% margin

Net Income

$386M53.8% margin

EPS (Diluted)

$1.87

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$500M

Free Cash Flow

$443M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$11.4B

Total Liabilities

$2.3B

Stockholders' Equity

$9.1B

Cash & Equivalents

$410M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$717M	$692M	+3.6%
Gross Profit	$545M	$532M	+2.4%
Operating Income	$390M	$382M	+1.9%
Net Income	$386M	$586M	-34.2%

Revenue Segments

Self Storage Operations

$677M94%

Ancillary Operations

$40M6%