PSA— Public Storage

Real EstateReal Estate Investment Trusts$57.1B mkt cap

Metric	FY2025	FY2024	FY2023	FY2022
Revenues	$4.82B+2.7%	$4.70B+3.9%	$4.52B+8.0%	$4.18B
Depreciation and amortization	$1.15B+2.0%	$1.13B+16.5%	$970.1M+9.2%	$888.1M
Real estate acquisition and development expense	$19.6M+26.1%	$15.5M-41.4%	$26.5M-8.0%	$28.7M
General and administrative	$106.7M+0.0%	$106.7M+32.3%	$80.6M+12.5%	$71.7M
Interest expense	$304.5M+5.9%	$287.4M+42.9%	$201.1M+47.5%	$136.3M
Total expenses	$2.89B+3.4%	$2.80B+15.3%	$2.43B+11.4%	$2.18B
Interest and other income	$63.1M-6.1%	$67.2M-21.5%	$85.6M+111.0%	$40.6M
Equity in earnings (loss) of unconsolidated real estate entity	$9.6M-51.5%	$19.8M-28.9%	$27.9M-73.9%	$107.0M
Foreign currency exchange gain (loss)	-$215.6M-310.9%	$102.2M+299.7%	-$51.2M-152.1%	$98.3M
Gain (Loss) on sale of real estate	$1.1M-27.6%	$1.5M-91.1%	$17.2M+1042.9%	$1.5M
Income before income taxes	$1.79B-14.3%	$2.09B-3.8%	$2.17B-50.4%	$4.38B
Income tax (provision) benefit	$7.2M+254.8%	-$4.7M+56.9%	-$10.8M+24.5%	-$14.3M
Net income	$1.80B-13.8%	$2.08B-3.5%	$2.16B-50.5%	$4.37B
Allocation to noncontrolling interests	-$12.7M-2.3%	-$12.4M-5.1%	-$11.8M+31.1%	-$17.1M
Net income allocable to Public Storage shareholders	$1.78B-13.9%	$2.07B-3.6%	$2.15B-50.6%	$4.35B
Preferred shareholders	-$194.7M+0.0%	-$194.7M+0.0%	-$194.7M-0.2%	-$194.4M
Restricted share units and unvested LTIP units	-$4.1M+12.2%	-$4.6M+5.3%	-$4.9M+60.8%	-$12.5M
Net income allocable to common shareholders	$1.59B-15.3%	$1.87B-3.9%	$1.95B-53.0%	$4.14B
Basic (in USD per share)	$9040.00-15.4%	$10680.00-3.9%	$11110.00-53.0%	$23640.00
Diluted (in USD per share)	$9010.00-15.3%	$10640.00-3.8%	$11060.00-52.9%	$23500.00
Basic weighted average common shares outstanding (in shares)	175.4M+0.1%	175.4M-0.1%	175.5M+0.1%	175.3M
Diluted weighted average common shares outstanding (in shares)	175.9M-0.1%	176.0M-0.1%	176.1M-0.1%	176.3M
Self-storage facilities
Self-storage cost of operations	$1.18B+3.5%	$1.14B+7.0%	$1.06B+8.3%	$980.2M
Ancillary operations
Ancillary cost of operations	$132.9M+9.6%	$121.3M+41.0%	$86.0M+18.3%	$72.7M

Source: SEC EDGAR XBRL. % change vs prior period shown where available.

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Source: SEC EDGAR 10-K and 10-Q filings. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.