Revenue segments as reported by the company.

Self-storage facilities

Ancillary operations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Depreciation and amortization

General and administrative

Interest expense

Real estate acquisition and development expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Public Storage

Public Storage operates as a real estate investment trust, which engages in acquiring, developing, owning and operating self-storage facilities. It operates through the following segments: Self-storage Operations, Ancillary Operations, and Other Items. The Self-storage Operations segment reflects the rental operations from all self-storage facilities. The Ancillary Operations segment deals with the sale of merchandise and reinsurance of policies against losses to goods stored by self-storage tenants, activities which are incidental to the primary self-storage rental activities. The Other Items segment includes general, administrative, and investment costs. The company was founded by Bradley Wayne Hughes, Sr. and Kenneth Q. Volk, Jr. in 1972 and is headquartered in Glendale, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Public Storage posts record 2022 results, eyes sustainable growth

Public Storage delivered strong financial performance in Q4 2022, with record results and a focus on sustainable growth strategies.
The company faces challenges from seasonal occupancy patterns and potential rate adjustments but remains resilient in its financial management.
Opportunities for growth lie in operational improvements, energy efficiency investments, and the trend of increased storage adoption post-pandemic.
Overall, Public Storage's prudent financial management, strategic asset acquisitions, and customer retention efforts position it well for future success.

Public Storage excels in Q1 2023, poised for growth

Public Storage's Q1 performance reflects operational excellence and strategic focus on growth initiatives, positioning the company for continued success.
Despite challenges in labor optimization and market dynamics, the company's strong financial position and innovative programs provide a solid foundation for future growth.
With a clear emphasis on efficiency gains, expansion opportunities, and market expertise, Public Storage remains well-positioned to capitalize on evolving industry trends.

Public Storage reports strong Q2 performance and strategic growth outlook

Public Storage's Q2 2023 earnings call highlighted robust performance, strategic acquisitions, and market resilience amidst concerns of a potential slowdown. With a focus on digital transformation, customer retention, and growth opportunities, the company aims to navigate challenges and capitalize on market trends for sustained success.

Public Storage excels in Q3, faces challenges amidst market shifts

Public Storage's Q3 performance reflects operational strength and growth potential, supported by digital initiatives and strategic acquisitions.
Challenges include managing negative revenue growth, increasing expenses, and adapting to a changing market landscape.
The company's focus on customer experience, cost management, and revenue optimization positions it well for future opportunities and sustained growth.

Public Storage reports robust Q4 performance and eyes growth opportunities

Public Storage's Q4 2023 performance showcased strong financial results and operational achievements, with a positive outlook for 2024.
The company's strengths lie in market resilience, customer conversion rates, and strategic acquisitions, while facing challenges in short-term revenue trends.
Opportunities for growth include digital transformation, revenue enhancement through occupancy improvements, and continued momentum in acquisitions.
Overall, Public Storage remains confident in its industry positioning and aims for a rebound in financial metrics in the latter half of 2024.

Public Storage reports Q1 decline in core FFO, eyes growth opportunities

Public Storage's Q1 2024 performance showed a decline in core FFO but positive same-store revenue growth and improving occupancy rates. Despite challenges like cost pressures and localized market impacts, they remain optimistic about capturing new customer activity and maintaining strong financial health. Opportunities lie in reaccelerating revenue growth, acquisition volume guidance, and improving trends in select markets.

Public Storage reports Q2 challenges, eyes growth opportunities ahead

Public Storage faced challenges with move-in rents decline but showcased strengths in occupancy trends and non-same-store pool performance.
The company's revised core FFO guidance and capital allocation decisions were key discussion points.
Opportunities lie in the acquisition market activity, move-in rates improvement, and strategic growth initiatives.
Overall, Public Storage demonstrated positive momentum and a focus on long-term stability and growth.

Public Storage sees stabilization in Q3 performance, eyes growth opportunities

Public Storage's Q3 performance reflects stabilization in operating fundamentals and revenue growth acceleration, despite challenges in core FFO and occupancy.
The company's strengths lie in its digital customer experience, strategic promotional discounts, and positioning for improvement in 2025.
Challenges include declining core FFO, occupancy, and a slight decrease expected in development deliveries for 2025.
Opportunities for Public Storage include anticipated improvement in 2025, growth potential in acquisitions, and future development starts from land holdings.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

AvalonBay Communities

Prologis

High volatility in the markets does not have to be a time to be fearful. Instead, it should be a time to accumulate high-quality companies at discounted valuations. As I have been preaching now for quite a while here on Seeking Alpha, the key to sleeping well at night is to buy quality stocks when they're on sale.

3 Sleep Well At Night REITs To Buy

Camden Property

CubeSmart

Equity Residential

Essex Property Trust

Extra Space Storage

The stock market has been hammered this year. While we are likely to continue to see bear market rallies like Wednesday, the reality is that the sell-off will resume and likely continue until rate hikes are concluded.

Elon Musk Is Right About Real Estate: 7 REITs With Solid and Dependable Dividends

Right now is the perfect time to diversify your portfolio into industries that can hedge today's market volatility.

If I Could Only Buy 1 Real Estate Stock, This Would Be It

Public Storage (PSA) reported earnings 30 days ago. What's next for the stock?

Public Storage (PSA) Down 6.9% Since Last Earnings Report: Can It Rebound?

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today that the Company will make a virtual presentation at REITweek 2022 on Wednesday, June 8, 2022, from 9:30 a.m. to 10:00 a.m. (ET). The presentation will be webcast and available to registered REITweek participants. Registration is complimentary and accessible through Nareit's website. Company Information Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and

Public Storage Virtual Presentation at Nareit REITweek 2022 to be Webcast

Healthpeak Properties Inc

Kimco Realty

These real estate investment trusts can be a safe haven when times get tough.

3 Best REITs to Buy During a Recession

Public Storage (PSA) is set to gain from the rising demand for self-storage spaces and its financial flexibility. However, stiff competition from peers and huge development pipeline costs are woes.

Here's Why You Should Buy Public Storage (PSA) Stock Now

APA Corporation

Dillard's

Interpublic Group of Companies

Louisiana-Pacific

Louisiana-Pacific Corporation (LPX), Interpublic (IPG), Public Storage (PSA), APA Corporation (APA) and Dillard's (DDS) are some of the stocks with high ROE to profit at the moment.

5 Stocks With High ROE to Bet on as Markets Swing to Growth

American Tower

All of these could be a great fit for your portfolio.

These REITs With Stingy Dividends Are Still a Solid Buy

These three sectors can help investors ride through a recession.

Why These 3 Real Estate Investments Will Continue to Dominate, Even in a Recession

Host Hotels & Resorts

Independence Realty Trust

Mid-America Apartment Communities

Rexford Industrial Realty

Consider these seven high-quality real estate investment trusts some of the best REITs to buy and hold for the rest of the year. The post 7 REITs to Buy for the Second Half of 2022 appeared first on InvestorPlace.

7 REITs to Buy for the Second Half of 2022

Blackstone Group

PS Business Parks

Public Storage renters are locked in. Investors should be, too.

How This Self-Storage REIT Is Compounding Value

Digital Realty Trust

Realty Income Corp

These REITs invest outside the U.S., and you should too.

3 REITs to Buy to Increase Your Global Exposure

It's on my list for more reasons than one.

If I Had to Buy One REIT, This Would Be It

Corporate Office Properties Trust

Sun Communities

Welltower

An adage among real estate investors basically says that you cannot build any more land.

Top Wall Street REIT Analyst Has 7 ‘Strong Buy' Inflation-Fighting Stock Picks With Big Dividends

Target

Louisiana-Pacific (LPX), Interpublic (IPG), Public Storage (PSA), 3M (MMM) and Target (TGT) are some of the stocks with high ROE to profit as Fed hikes interest rate by 50 basis points.

Buy 5 Stocks With High ROE as Markets Fall on Fed Rate Hike

Public Storage had been one of the hottest REITs out there, with shares nearly doubling since the beginning of 2021. Public Storage stock abruptly reversed course in late April; shares are now down 20% over the past few weeks.

Public Storage: Understanding Its Massive Rise And Sudden Decline

W. P. Carey

One REIT prepared ahead of time; the other's basic business model suggests it can handle a recessionary hit.

2 REITs to Buy and Hold Through Any Recession

Public Storage (NYSE:PSA ) Q1 2022 Results Conference Call May 4, 2022 12:00 PM ET Company Participants Ryan Burke - VP, IR Joe Russell - President and CEO Tom Boyle - SVP and CFO Conference Call Participants Jeff Spector - Bank of America Michael Goldsmith - UBS Ki Bin Kim - Truist Juan Sanabria - BMO Capital Markets Samir Khanal - Evercore Keegan Carl - Berenberg Ron Kamdem - Morgan Stanley Rob Simone - Hedgeye Risk Smedes Rose - Citigroup Todd Thomas - KeyBanc Capital Spenser Allaway - Green Street Caitlin Burrows - Goldman Sachs Michael Mueller - JP Morgan Operator Ladies and gentlemen, thank you for standing by, and welcome to the Public Storage First Quarter 2022 Earnings Call. At this time, all participants have been placed in a listen-only mode and the floor will be opened for your questions following the presentation.

Public Storage (PSA) CEO Joe Russell on Q1 2022 Results - Earnings Call Transcript

Public Storage's (PSA) Q1 results reflect an increase in the realized annual rent per available square foot. The company gains from expansion moves.

Public Storage (PSA) Tops Q1 FFO Estimates, Reiterates '22 View

Public Storage (PSA) delivered FFO and revenue surprises of 1.67% and 0.80%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Public Storage (PSA) Tops Q1 FFO and Revenue Estimates

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today operating results for the three months ended March 31, 2022. “Public Storage's operating strength was pronounced with revenue growth accelerating during the first quarter as we served the needs of over 1.8 million customers,” said Joe Russell, President and Chief Executive Officer. “The Public Storage team continues to deliver exceptional performance utilizing our industry-leading platform, including first-mover techno

Public Storage Reports Results for the Three Months Ended March 31, 2022

Public Storage (PSA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Public Storage (PSA) This Earnings Season?

The leading alternative asset manager continues to gobble up commercial real estate.

Blackstone Continues Its REIT Buying Binge With $7.6 Billion PS Business Park Purchase

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) (“Public Storage” or the “Company”) today provided certain updates as to the impact on Public Storage of the agreed acquisition by affiliates of Blackstone Real Estate (“Blackstone”) of PS Business Parks, Inc. (NYSE:PSB) (“PS Business Parks”), which was announced today. Upon consummation of the transaction, Public Storage, like all holders of PS Business Parks' common shares and units, would receive $187.50 in cash per PS Business Par

News for Public Storage Stock (PSA)