Below are the financial statements of Public Storage, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Cash and equivalents | 0.45a | 0.37a |
| Real estate facilities, at cost | — | — |
| Land | 5.71a | 5.63a |
| Buildings | 22.77a | 21.84a |
| Accumulated depreciation | -10.43a | -9.42a |
| Construction in process | 0.31a | 0.35a |
| Investment in unconsolidated real estate entity | 0.38a | 0.39a |
| Goodwill and other intangible assets, net | 0.28a | 0.39a |
| Other assets | 0.28a | 0.28a |
| Total assets | 19.75a | 19.81a |
| Liabilities and equity | — | — |
| Notes payable | 9.35a | 9.1a |
| Accrued and other liabilities | 0.59a | 0.6a |
| Total liabilities | 9.94a | 9.7a |
| Public Storage shareholders' equity | — | — |
| Preferred shares at liquidation preference | 4.35a | 4.35a |
| Common shares | 0.02a | 0.02a |
| Paid-in capital | 6.12a | 5.98a |
| Accumulated deficit | -0.7a | -0.27a |
| Accumulated other comprehensive loss | -0.07a | -0.07a |
| Total Public Storage shareholders' equity | 9.71a | 10.01a |
| Noncontrolling interests | 0.1a | 0.09a |
| Total equity | 9.81a | 10.11a |
| Total liabilities and equity | 19.75a | 19.81a |
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