PUBLIC STORAGE (PSA) FY2024 Annual Balance Sheet

PUBLIC STORAGE (PSA) FY2024 Annual Balance Sheet

Balance sheet as of 2024-12-31. The chart shows assets, liabilities and equity at that date.

Assets

19,754,934,000 US dollars

Liabilities

9,941,282,000 US dollars

Equity

9,813,652,000 US dollars

Noncontrolling interest

101,046,000 US dollars. Included in consolidated equity; this amount is not added again.

Buildings

22,767,053,000 US dollars. Part of Real estate facilities, net, drawn as one net amount.

Land

5,711,685,000 US dollars. Part of Real estate facilities, net, drawn as one net amount.

Accumulated depreciation

negative 10,426,186,000 US dollars. Part of Real estate facilities, net, drawn as one net amount.

Real estate facilities, net

18,052,552,000 US dollars

Cash and equivalents

447,416,000 US dollars

Investment in unconsolidated real estate entity

382,490,000 US dollars

Construction in process

308,101,000 US dollars

Other assets

282,188,000 US dollars

Goodwill and other intangible assets, net

282,187,000 US dollars

Notes payable

9,353,034,000 US dollars

Accrued and other liabilities

588,248,000 US dollars

Paid-in capital

6,116,113,000 US dollars

Preferred Shares, $0.01 par value, 100,000,000 shares authorized, 174,000 shares issued (in series) and outstanding, (174,000 shares at December 31, 2023) at liquidation preference

4,350,000,000 US dollars

Common Shares, $0.10 par value, 650,000,000 shares authorized, 175,408,393 shares issued (175,670,727 shares at December 31, 2023)

17,541,000 US dollars

Noncontrolling interests

101,046,000 US dollars

Accumulated deficit

negative 699,083,000 US dollars

Accumulated other comprehensive loss

negative 71,965,000 US dollars

Gross equity (calculated)

10,584,700,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.