PUBLIC STORAGE (PSA) FY2024 Annual P&L / Income Statement

PUBLIC STORAGE (PSA) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue and costs use their disclosed categories.

Revenues

4,695,616,000 US dollars

Cost of revenue (calculated)

121,281,000 US dollars

Gross profit (calculated)

4,574,335,000 US dollars

Operating expenses (calculated)

2,676,070,000 US dollars

Operating profit (calculated)

1,898,265,000 US dollars

Other income (expense), net (calculated)

190,814,000 US dollars

Income before income tax expense

2,089,079,000 US dollars

Income tax expense

4,669,000 US dollars

Net income

2,084,410,000 US dollars

Self-storage facilities

4,395,993,000 US dollars

Ancillary operations revenue

299,623,000 US dollars

Ancillary operations cost of revenue

121,281,000 US dollars

Self-storage cost of operations

1,136,720,000 US dollars

Depreciation and amortization

1,129,766,000 US dollars

Interest expense

287,401,000 US dollars

General and administrative

106,677,000 US dollars

Real estate acquisition and development expense

15,506,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to PUBLIC STORAGE: $2.07 B; to noncontrolling interests: $12.40 M.