Public Storage (PSA) FY2024 YTD Q3 P&L / Income Statement
2024-01-01 to 2024-09-30
Revenue by Product and Service
2024-01-01 to 2024-09-30
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Public Storage (PSA) FY2024 YTD Q3 P&L / Income Statement
Income statement for 2024-01-01 through 2024-09-30. View: Product and service. Revenue and costs use their disclosed categories.
- Revenues
- 3,518,189,000 US dollars
- Cost of revenue (calculated)
- 88,877,000 US dollars
- Gross profit (calculated)
- 3,429,312,000 US dollars
- Operating expenses (calculated)
- 2,005,775,000 US dollars
- Operating profit (calculated)
- 1,423,537,000 US dollars
- Other income (expense), net (calculated)
- 48,554,000 US dollars
- Income before income tax expense
- 1,472,091,000 US dollars
- Income tax expense
- 6,042,000 US dollars
- Net income
- 1,466,049,000 US dollars
- Self-storage facilities
- 3,295,896,000 US dollars
- Ancillary operations revenue
- 222,293,000 US dollars
- Ancillary operations cost of revenue
- 88,877,000 US dollars
- Self-storage cost of operations
- 858,350,000 US dollars
- Depreciation and amortization
- 848,875,000 US dollars
- Interest expense
- 215,266,000 US dollars
- General and administrative
- 74,130,000 US dollars
- Real estate acquisition and development expense
- 9,154,000 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: $1.46 B; to noncontrolling interests: $8.65 M.

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Gross margin
97.5%
Gross profit / revenue
Operating margin
40.5%
Operating profit / revenue
Cash conversion
161.0%
Operating cash / net income, same period
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