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Public Storage

Country
United States
Sector
Real Estate
Industry
REIT - Industrial
Employees
5,900
Ticker
PSA
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Public Storage Common Stock represents ownership in Public Storage, a prominent real estate investment trust (REIT) specializing in the acquisition, development, ownership, and operation of self-stora...

Public Storage's Financial Statements Preview

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.

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All figures in millions of USD
2024
2023
2022
Revenues
Self-storage facilities
4,395.99a
4,259.61a
3,946.03a
Ancillary operations
299.62a
258.08a
236.14a
Expenses
Self-storage cost of operations
-1,136.72a
-1,061.95a
-980.21a
Ancillary cost of operations
-121.28a
-86a
-72.7a
Depreciation and amortization
-1,129.77a
-970.06a
-888.15a
Real estate acquisition and development expense
-15.51a
-26.45a
-28.74a
General and administrative
-106.68a
-80.63a
-71.67a
Interest expense
-287.4a
-201.13a
-136.32a
Other increases (decreases) to net income
Interest and other income
67.21a
85.59a
40.57a
Equity in earnings of unconsolidated real estate entities
19.82a
27.9a
106.98a
Foreign currency exchange gain (loss)
102.24a
-51.2a
98.31a
Gain on sale of real estate
1.54a
17.18a
1.5a
Gain on sale of equity investment in PS Business Parks, Inc.
0a
0a
2,128.86a
Income before income tax expense
2,089.08a
2,170.94a
4,380.6a
Income tax expense
-4.67a
-10.82a
-14.33a
Net income
2,084.41a
2,160.12a
4,366.27a
Allocation to noncontrolling interests
-12.4a
-11.79a
-17.13a
Net income allocable to Public Storage shareholders
2,072.01a
2,148.33a
4,349.15a
Allocation of net income to
Preferred shareholders
-194.7a
-194.7a
-194.39a
Restricted share units and unvested LTIP units
-4.62a
-4.88a
-12.47a
Net income allocable to common shareholders
1,872.69a
1,948.74a
4,142.29a
Limited Data Preview
You are viewing a limited preview of Public Storage’s income statement data. The reported financial values are complete. The full dataset, available for download, additionally includes structured metadata for each line item, such as line item role (line item, subtotal, total) and financial classification (e.g., assets, liabilities, equity, revenue, expenses).
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Verified Sources Behind Public Storage’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Public Storage’s data sources below and access millions more through our Disclosure Search.

a. Public Storage's Annual Report 2024
a. Public Storage's Annual Report 2024
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