Stocklytics Platform
Asset logo for symbol PSA
Public Storage
PSA59
$297.50arrow_drop_up2.79%$8.09
S&P500
Asset logo for symbol PSA
PSA59

$297.50

arrow_drop_up2.79%

Income Statement (PSA)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT$504.90M$565.81M$528.57M$570.84M$627.02M
EBITDA$785.23M$849.16M$813.77M$858.36M$865.77M
gross Profit$860.08M$872.16M$832.73M$869.03M$854.87M
NET Income$430.32M$518.12M$508.94M$439.29M$613.29M
total Revenue$1.18B$1.17B$1.15B$1.15B$1.14B

Balance Sheet (PSA)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents----$629.77M
net Debt$8.87B$8.85B$8.79B$8.73B$8.39B
stockholders Equity$9.61B$9.70B$9.94B$10.01B$10.10B
total Assets$19.80B$19.78B$19.61B$19.80B$19.87B
total Debt$9.47B$9.40B$9.06B$9.10B$9.02B
total Liabilities$10.09B$9.98B$9.57B$9.70B$9.67B

Cash Flow (PSA)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow-$559.88M-$433.02M-$577.19M-$561.44M$1.60B
free Cash Flow$688.41M$806.55M$561.10M$653.64M$750.79M
investing Cash Flow-----$2.50B
operating Cash Flow$798.77M$908.56M$665.58M$791.68M$875.67M

Public Storage (PSA) Financials

Public Storage (PSA) is a leading self-storage real estate investment trust (REIT) that provides storage solutions for residential and commercial customers. As of the latest financial report, the company has reported impressive financial results, demonstrating its strong performance in the market. Looking at the income statement, Public Storage recorded substantial revenue, indicating a successful operation in generating income. The total revenue reflects the company's ability to attract and retain customers with its quality storage services. Furthermore, the gross profit achieved by Public Storage signifies its efficient cost management and profitability.
Examining the balance sheet, Public Storage exhibits a healthy financial position. The stockholders' equity demonstrates the company's net worth and highlights its financial stability. With a substantial amount of total assets, Public Storage possesses a solid foundation to support its operations and potential growth opportunities. It is worth noting that the company has minimized its total debt, indicating a responsible approach towards managing its financial obligations. Additionally, the availability of cash equivalents suggests a strong liquidity position, enabling Public Storage to meet its short-term obligations and pursue potential future investments.
Analyzing the cash flow statement, Public Storage's operating cash flow showcases its ability to generate cash from core business operations. This is a positive indication of the company's operational efficiency and sustainable cash flow generation. The investing cash flow represents the company's expenditures on capital projects and potential acquisitions. This reflects the company's commitment to pursuing growth opportunities by investing in its infrastructure and expanding its storage facilities. Furthermore, the financing cash flow reveals Public Storage's capital structure management, including its debt repayment and equity financing activities.
In conclusion, Public Storage (PSA) has demonstrated strong financial performance reflected in its income statement, balance sheet, and cash flow statement. The company's efficient operations, positive revenue growth, and solid financial position reinforce its position as a leading player in the self-storage industry. With its experienced management team and strategic approach to financial management, Public Storage is well-positioned to capitalize on future growth opportunities. As an investor, understanding these financial metrics provides valuable insights into the company's financial health and potential for long-term success.
add Public Storage to watchlist

Keep an eye on Public Storage

Adding the right stocks to your watchlist can provide valuable insights and opportunities for strategic decision-making.

Take Your Investments to a Whole New Level