PSA Q4 2020 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$54B

Q4 2020 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$759M+5.8% YoY

Gross Profit

$554M72.9% margin

Operating Income

$392M51.6% margin

Net Income

$351M46.3% margin

EPS (Diluted)

$1.67

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$513M

Free Cash Flow

$476M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$11.8B

Total Liabilities

$3.2B

Stockholders' Equity

$8.6B

Cash & Equivalents

$258M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$759M	$717M	+5.8%
Gross Profit	$554M	$545M	+1.6%
Operating Income	$392M	$390M	+0.5%
Net Income	$351M	$386M	-9.0%

Revenue Segments

Self Storage Operations

$699M92%

Ancillary Operations

$60M8%