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

Extra Space Storage

National Storage Affiliates Trust

Pebblebrook Hotel Trust

With the REIT industry offering a real estate structure for several economic activities, there are pockets of strength. This is likely to be reflected in the earnings of PSA, EXR, NSA and PEB.

4 REITs Boosting Investor Hopes in Q4 Earnings Season

Public Storage (NYSE:PSA) is the world's largest owner, operator, and developer of self-storage facilities serving more than one million customers.

Is Public Storage Stock Due for a Correction?

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Self-storage REITs have generated 17% average annual total returns over the past few decades.

The Biggest Opportunity You've Likely Never Heard Of

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All the Wall Street firms that we follow here at 24/7 Wall St. keep a list for their institutional and retail clients of high-conviction stock picks.

6 Raymond James Strong Buy Analyst Current Favorites Also Pay Very Dependable Dividends

Public Storage (PSA) closed the most recent trading day at $362.44, moving -0.09% from the previous trading session.

Public Storage (PSA) Stock Sinks As Market Gains: What You Should Know

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Investors might want to consider buying top-ranked stocks that pay a dividend and trade at reasonable valuations.

3 Top Dividend Stocks to Buy in February

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These seven hot stocks are a mix of growth and income plays The post 7 Hot Stocks That Can Win in Either a Bull or Bear Market appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.

7 Hot Stocks That Can Win in Either a Bull or Bear Market

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today it intends to release its fourth quarter 2021 earnings results after the market close on Tuesday, February 22, 2022. A conference call is scheduled for Wednesday, February 23, 2022, at 9:00 a.m. (PST) to discuss these results. Live conference call   Domestic dial-in number: (800) 891-3840 International dial-in number: (785) 424-1249 Conference ID: PSAQ421 Simultaneous audio webcast link: PublicStorage.com, under “About

Public Storage to Release Fourth Quarter 2021 Earnings Results and Host Quarterly Conference Call

Public Storage is a well-managed self storage REIT. The preferred shares are a very cheap way to issue perpetual equity at a very low cost.

Public Storage: An Ultra-Safe Balance Sheet But The Preferreds Are Yielding Just 4.1%

Bank of America

Eagle Point Credit

NexPoint Diversified Real Estate Trust

Oxford Lane Capital

Presidio Property Trust

As January 2022 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 4.1% to 5.375%. Here is a comparison against the highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric:

New Preferred Stock IPOs, January 2022

These two real estate businesses are generally immune to a recession.

These 2 Stocks Are Smart Buys in the 2022 Market Correction

STORE Capital

W. P. Carey

Generating passive income with REITs is as simple as getting started, and it doesn't have to cost a lot.

The Best REITs to Buy With $500 Right Now

GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) announced today the tax treatment of the Company's 2021 dividends. For the tax year ended December 31, 2021, distributions for the PSA common stock and all the various series of preferred stock were classified as follows: 2021   1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Ordinary Dividends 94.5451%   94.5396%   94.5516%   94.5685% Capital Gain Distributions 5.4549%   5.4604%   5.4484%   5.4315%   Total  100.0000%   100.0000%   10

Public Storage Announces Tax Treatment of 2021 Dividends

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We have narrowed our search to five large-cap low-beta stocks with a solid dividend yield. These are: PFE, BAX, IBKR, PSA and CUBE.

5 Low-Beta High-Yielding Stocks to Buy in a Capricious Market

Public Storage and other self-storage REITs have tremendous pricing power as US households seek economical ways to maximize their living space in the face of surging housing prices. During the third quarter of 2021, Public Storage's same-store facilities posted 22% year-over-year net operating income growth, due primarily to its ample pricing power.

Backing The Truck Up On Public Storage

Digital Realty Trust

Worried about a market crash? See why these two REITs would bounce back quickly.

2 Market Crash-Ready REIT Stocks To Buy in 2022

Public Storage is a quality REIT with strong assets and a compelling growth track record. Profitable business growth can be expected in the coming years as well, I believe, partially driven by acquisitions.

Is Public Storage Stock A Buy, Sell, Or Hold As It Hits All-Time Highs?

GLENDALE, Calif.--(BUSINESS WIRE)--Tom Boyle, Chief Financial Officer of Public Storage (NYSE:PSA, the “Company”), announced that the Company has priced a public offering of 10,000,000 depositary shares at $25.00 per depositary share, with each depositary share representing 1/1,000 of a 4.100% Cumulative Preferred Share of Beneficial Interest, Series S (the “Series S Preferred Shares”). The offering is expected to result in $250 million of gross proceeds (assuming no exercise of the underwriter

Public Storage Announces Pricing of 4.100% Cumulative Preferred Shares of Beneficial Interest, Series S

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5 Analyst Favorite Stocks Include REITs That Pay Solid Dividends and Fight Inflation

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Self-storage is a dream sector for long-term growth investors.

Why Self-Storage Is a Smart Buy in 2022

Public Storage is one of our favorite income generation ideas out there, and we view its dividend growth trajectory quite favorably. The self-storage REIT has a promising growth outlook, is a stellar free cash flow generator, operates in an attractive industry, and has an 'A-rated' investment grade credit rating.

Public Storage Is A Tremendous Income Generation Idea

Life Storage

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The self-storage industry outperformed all other commercial sectors in 2021. Will this momentum continue in 2022?

Self-Storage in 2022: What to Expect

News for Public Storage Stock (PSA)