# Public Storage (PSA) FY2024 Q3 P&L / Income Statement

- Company: Public Storage (PSA)
- Period: 2024-07-01 to 2024-09-30
- Filing: Q3 FY2024 10-Q, filed 2024-10-30, accession number 0001393311-24-000193
- Page: https://plicit.ai/financials/psa/fy2024-q3-income-statement
- Chart image: https://plicit.ai/charts/psa-fy2024-q3-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-07-01 through 2024-09-30. View: Product and service. Revenue and costs use their disclosed categories.

- **Revenues**: 1,187,758,000 US dollars
- **Cost of revenue (calculated)**: 34,265,000 US dollars
- **Gross profit (calculated)**: 1,153,493,000 US dollars
- **Operating expenses (calculated)**: 670,761,000 US dollars
- **Operating profit (calculated)**: 482,732,000 US dollars
- **Other income (expense), net (calculated)**: negative 47,101,000 US dollars
- **Income before income tax expense**: 435,631,000 US dollars
- **Income tax expense**: 2,488,000 US dollars
- **Net income**: 433,143,000 US dollars
- **Self-storage facilities**: 1,110,115,000 US dollars
- **Ancillary operations revenue**: 77,643,000 US dollars
- **Ancillary operations cost of revenue**: 34,265,000 US dollars
- **Self-storage cost of operations**: 287,435,000 US dollars
- **Depreciation and amortization**: 280,330,000 US dollars
- **Interest expense**: 74,252,000 US dollars
- **General and administrative**: 26,214,000 US dollars
- **Real estate acquisition and development expense**: 2,530,000 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: $430.33 M; to noncontrolling interests: $2.81 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/psa/fy2024-q3-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/psa-fy2024-q3-revenue-by-business-segment-sankey.png

Income statement for 2024-07-01 through 2024-09-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 1,187,758,000 US dollars
- **Cost of revenue (calculated)**: 34,265,000 US dollars
- **Gross profit (calculated)**: 1,153,493,000 US dollars
- **Operating expenses (calculated)**: 670,761,000 US dollars
- **Operating profit (calculated)**: 482,732,000 US dollars
- **Other income (expense), net (calculated)**: negative 47,101,000 US dollars
- **Income before income tax expense**: 435,631,000 US dollars
- **Income tax expense**: 2,488,000 US dollars
- **Net income**: 433,143,000 US dollars
- **Self-Storage Operations Reportable Segment**: 1,110,115,000 US dollars
- **Ancillary Operations**: 77,643,000 US dollars
- **Ancillary cost of operations**: 34,265,000 US dollars
- **Self-storage cost of operations**: 287,435,000 US dollars
- **Depreciation and amortization**: 280,330,000 US dollars
- **Interest expense**: 74,252,000 US dollars
- **General and administrative**: 26,214,000 US dollars
- **Real estate acquisition and development expense**: 2,530,000 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: $430.33 M; to noncontrolling interests: $2.81 M.