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

- Company: PUBLIC STORAGE (PSA)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-24, accession number 0001393311-25-000036
- Page: https://plicit.ai/financials/psa/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/psa-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/psa/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/psa-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated 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 Operations Reportable Segment**: 4,395,993,000 US dollars
- **Ancillary Operations**: 299,623,000 US dollars
- **Ancillary cost of operations**: 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.