PSA Q4 2021 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$54B

Q4 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$924M+21.8% YoY

Gross Profit

$687M74.4% margin

Operating Income

$460M49.8% margin

Net Income

$620M67.0% margin

EPS (Diluted)

$3.17

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$729M

Free Cash Flow

$628M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$17.4B

Total Liabilities

$8.0B

Stockholders' Equity

$9.3B

Cash & Equivalents

$735M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$924M	$759M	+21.8%
Gross Profit	$687M	$554M	+24.2%
Operating Income	$460M	$392M	+17.5%
Net Income	$620M	$351M	+76.4%

Revenue Segments

Self Storage Operations

$870M94%

Ancillary Operations

$55M6%