PSA Q4 2022 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$54B

Q4 2022 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$1.1B+17.8% YoY

Gross Profit

$829M76.1% margin

Operating Income

$569M52.3% margin

Net Income

$412M37.9% margin

EPS (Diluted)

$2.06

QoQ Revenue Growth

+0.0%

Cash Flow

Operating Cash Flow

$736M

Free Cash Flow

$614M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$17.6B

Total Liabilities

$7.4B

Stockholders' Equity

$10.1B

Cash & Equivalents

$775M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$924M	+17.8%
Gross Profit	$829M	$687M	+20.6%
Operating Income	$569M	$460M	+23.7%
Net Income	$412M	$620M	-33.5%

Revenue Segments

Self Storage Operations

$1.0B94%

Ancillary Operations

$60M6%