Public Storage (PSA)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenues | 1,201,094 | 1,183,184 | 1,187,758 | 1,173,211 |
| Interest and other income | 12,789 | 13,234 | 20,029 | 18,253 |
| Equity in (loss) earnings of unconsolidated real estate entities | -2,230 | 3,627 | 2,888 | 6,480 |
| Gain on sale of real estate | 163 | 45 | 554 | - |
| Foreign currency exchange (loss) gain | -146,070 | -68,695 | -70,572 | 12,449 |
| Ancillary cost of operations-Ancillary Operations | 33,288 | 30,693 | 34,265 | 27,543 |
| Interest expense | 71,609 | 72,009 | 74,252 | 73,236 |
| General and administrative | 25,727 | 25,184 | 26,214 | 26,580 |
| Self-storage cost of operations-Self Storage Operations | 284,717 | 301,154 | 287,435 | 273,501 |
| Depreciation and amortization | 283,216 | 282,715 | 280,330 | 283,342 |
| Real estate acquisition and development expense | 2,538 | 7,423 | 2,530 | 2,907 |
| Operating expenses | 701,095 | 719,178 | 705,026 | 687,109 |
| Income before income tax expense | 364,651 | 412,217 | 435,631 | 523,284 |
| Income tax expense | 3,240 | 1,426 | 2,488 | 2,075 |
| Net income | 361,411 | 410,791 | 433,143 | 521,209 |
| Allocation to noncontrolling interests | 2,992 | 3,000 | 2,814 | 3,082 |
| Net income allocable to public storage shareholders | 358,419 | 407,791 | 430,329 | 518,127 |
| Restricted share units and unvested ltip units | 778 | 883 | - | - |
| Preferred shareholders | 48,673 | 48,678 | 48,678 | 48,673 |
| Restricted share units and unvested ltip units | - | - | 939 | 1,088 |
| Net income allocable to common shareholders | 308,968 | 358,230 | 380,712 | 468,366 |
| Basic (in usd per share) | 1.76 | 2.04 | 2.17 | 2.67 |
| Basic weighted average common shares outstanding (in shares) | 175,442,000 | 175,419,000 | 175,043,000 | 175,469,000 |
| Diluted (in usd per share) | 1.76 | 2.04 | 2.16 | 2.66 |
| Diluted weighted average common shares outstanding (in shares) | 175,921,000 | 175,942,000 | 175,866,000 | 176,009,000 |