Public Storage (PSA)
Operates U.S. self-storage facilities with insurance, management, lending, and European investment exposure.
$292.18
After hours+2.45 (+0.85%)
At close$289.73(−2.34%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,144 | 1,160 | 1,157 | 1,173 | 1,188 | 1,177 | 1,183 | 1,201 | 1,224 | 1,216 | 1,218 | 1,233 |
| Cost of revenue | 289 | 291 | 324 | 301 | 322 | 311 | 332 | 318 | 331 | 924 | 340 | 344 |
| Gross profit | 855 | 869 | 833 | 872 | 866 | 867 | 851 | 883 | 893 | 292 | 878 | 889 |
| 259 | 289 | 307 | 310 | 307 | 313 | 308 | 308 | 29 | −265 | 403 | 422 | |
| Research & development | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 21 | 23 | 21 | 27 | 26 | 33 | 25 | 25 | 29 | 27 | 57 | 44 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26 | 0 |
| General & administrative | 21 | 23 | 21 | 27 | 26 | 33 | 25 | 25 | 29 | 27 | 30 | 44 |
| Other expenses | 234 | 265 | 285 | 283 | 280 | 281 | 283 | 283 | 0 | −292 | 347 | 378 |
| Operating income | 595 | 580 | 526 | 562 | 560 | 553 | 543 | 575 | 864 | 557 | 474 | 467 |
| 24 | −128 | −13 | −39 | −124 | 64 | −131 | −211 | −347 | −61 | 57 | 39 | |
| Interest income | 29 | 11 | 9 | 13 | 12 | 11 | 8 | 8 | 10 | 10 | 4 | 0 |
| Interest expense | 58 | 69 | 68 | 73 | 74 | 72 | 72 | 72 | 80 | 81 | 80 | 85 |
| Other non-operating income | −82 | 59 | −55 | −34 | 50 | −136 | 59 | 139 | 267 | −20 | 22 | −124 |
| Income before tax | 619 | 453 | 513 | 523 | 436 | 617 | 412 | 365 | 518 | 495 | 531 | 506 |
| Income tax expense | 3 | 11 | 1 | 2 | 2 | −1 | 1 | 3 | 3 | −15 | 2 | 3 |
| Net income from continuing operations | 617 | 442 | 512 | 521 | 433 | 618 | 411 | 361 | 515 | 510 | 529 | 503 |
| Net income | 613 | 439 | 509 | 518 | 430 | 615 | 408 | 358 | 511 | 507 | 526 | 500 |
| EPS, basic | $3.21 | $2.22 | $2.61 | $2.67 | $2.17 | $3.22 | $2.04 | $1.76 | $2.63 | $2.60 | $2.72 | $2.56 |
| EPS, diluted | $3.20 | $2.22 | $2.60 | $2.66 | $2.16 | $3.21 | $2.04 | $1.76 | $2.62 | $2.60 | $2.71 | $2.55 |
| Weighted average shares, basic | 175 | 176 | 176 | 175 | 175 | 175 | 175 | 175 | 175 | 175 | 176 | 176 |
| Weighted average shares, diluted | 176 | 176 | 176 | 176 | 176 | 176 | 176 | 176 | 176 | 176 | 176 | 177 |
| EBITDA | 917 | 809 | 866 | 880 | 790 | 970 | 767 | 719 | 888 | 872 | 743 | 878 |
| Depreciation & amortization | 239 | 288 | 285 | 283 | 280 | 281 | 283 | 283 | 290 | 296 | 291 | 288 |
| EBIT | 678 | 521 | 581 | 597 | 510 | 689 | 484 | 436 | 597 | 577 | 453 | 590 |
