PSA Q4 2024 Earnings — Public Storage Revenue & Financial Results | Market Cap Arena

PSAPublic Storage

$54B

Q4 2024 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$1.2B+1.5% YoY

Gross Profit

$867M73.6% margin

Operating Income

$553M47.0% margin

Net Income

$615M52.2% margin

EPS (Diluted)

$3.21

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$769M

Free Cash Flow

$665M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$19.8B

Total Liabilities

$9.9B

Stockholders' Equity

$9.7B

Cash & Equivalents

$447M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.2B	+1.5%
Gross Profit	$867M	$869M	-0.3%
Operating Income	$553M	$580M	-4.7%
Net Income	$615M	$439M	+39.9%

Revenue Segments

Self Storage Operations

$2.2B94%

Ancillary Operations

$151M6%