For the quarter ending 2026-03-31, PSA-PQ had -$183,486K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 529,375 | 510,057 | 514,773 | 361,411 |
| Gain on sale of real estate | 379 | 403 | 502 | 163 |
| Depreciation and amortization | 290,723 | 295,545 | 290,364 | 283,216 |
| Equity in earnings of unconsolidated real estate entity | 6,836 | 4,533 | 3,674 | -2,230 |
| Distributions from cumulative equity in earnings of unconsolidated real estate entity | 498 | 0 | 1,087 | 304 |
| Unrealized foreign currency exchange (gain) loss | 41,926 | 29,406 | 1,141 | -147,052 |
| Share-based compensation expense | 11,888 | 9,541 | 9,458 | 10,620 |
| Impairment of real estate investments | 0 | 402 | 3,946 | - |
| Amortization of debt issuance costs | 2,676 | 2,761 | 7,588 | - |
| Impairment of real estate investments | - | - | - | 0 |
| Unrealized losses on derivatives | -5,251 | - | - | - |
| Other non-cash adjustments | 215 | 2,885 | -4,278 | 3,588 |
| Other assets | -20,719 | 12,287 | -10,414 | 31,468 |
| Accrued and other liabilities | -117,403 | -40,975 | 50,883 | 95,918 |
| Net cash flows from (used in) operating activities | 694,801 | 733,587 | 875,091 | 872,708 |
| Capital expenditures to maintain real estate facilities | 44,027 | 79,159 | 55,003 | 39,342 |
| Capital expenditures for property enhancements | 9,794 | 0 | 0 | 0 |
| Capital expenditures for energy efficiencies (led lighting, solar, heat pumps) | 15,687 | 20,928 | 20,941 | 15,996 |
| Development and expansion of real estate facilities | 57,713 | 72,739 | 94,852 | 76,665 |
| Acquisition of real estate facilities and intangible assets | 20,778 | 131,030 | 511,278 | 162,287 |
| Acquisition of breit simply storage llc, net of cash acquired | - | 0 | - | - |
| Issuance of notes receivable | 0 | 48,388 | 14,963 | 44,240 |
| Distributions in excess of cumulative equity in earnings from unconsolidated real estate entity | - | 0 | 0 | 0 |
| Contributions to unconsolidated real estate entity | - | 0 | - | - |
| Acquisition of non-operating real estate assets | - | 16,313 | - | - |
| Proceeds from sale of real estate investments | 674 | 4,248 | 1,054 | 250 |
| Net cash flows from (used in) investing activities | -147,325 | -364,309 | -695,983 | -338,280 |
| Issuance costs on amendment of credit facility | - | 0 | - | - |
| Repayments of notes payable | 500,034 | 251,418 | 400,034 | 32 |
| Net proceeds from revolving line of credit | 325,000 | - | - | - |
| Issuance of notes payable, net of issuance costs | - | 489,888 | 0 | 866,532 |
| Proceeds from op options issued | 30,000 | - | - | - |
| Issuance of common shares | - | 0 | - | - |
| Financing fees paid | 4,000 | - | - | - |
| Issuance of common shares in connection with share-based compensation | 7,828 | -65 | 1,698 | 4,595 |
| Taxes paid upon net share settlement of restricted share units | 2,600 | 5,173 | 433 | 372 |
| Repurchase of common shares | - | 0 | 0 | 0 |
| Acquisition of noncontrolling interests | 7,482 | 803 | 0 | 8,958 |
| Contributions by noncontrolling interests | 856 | 863 | 1,041 | 1,531 |
| Distributions paid to preferred shareholders, common shareholders, restricted share unitholders and unvested ltip unitholders | 576,155 | 575,835 | 575,855 | 575,847 |
| Distributions paid to noncontrolling interests | 4,375 | 5,100 | 13,668 | 4,451 |
| Net cash flows from (used in) financing activities | -730,962 | -347,643 | -987,251 | 282,998 |
| Net (decrease) increase in cash and equivalents, including restricted cash | -183,486 | 21,635 | -808,143 | 817,426 |
| Cash and equivalents at beginning of the period | 318,095 | 296,460 | 1,104,603 | 287,177 |
| Cash and equivalents at end of the period | 134,609 | 318,095 | 296,460 | 1,104,603 |
Public Storage (PSA-PQ)
Public Storage (PSA-PQ)