PSA | Public Storage Stock Financials Income Statements Annual

(Stock Exchange: NYSE)

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Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Revenue	4.52B	4.18B	3.42B	2.92B	2.85B	2.75B	2.67B	2.56B	2.38B	2.20B	1.98B	1.83B	1.75B	1.65B	1.63B	1.75B	1.82B	1.38B	1.06B	927.98M	875.07M	841.45M	834.64M	757.31M	676.73M	582.15M	470.84M	341.12M	212.65M	147.20M
Cost of Revenue	1.15B	1.05B	920.60M	867.46M	796.78M	739.72M	707.98M	669.08M	635.50M	618.72M	565.16M	540.13M	543.03M	529.99M	522.94M	580.58M	659.87M	500.56M	378.63M	330.53M	318.50M	295.52M	276.19M	252.09M	216.82M	213.88M	1.79M	2.58M	72.70M	52.82M
Gross Profit	3.37B	3.13B	2.50B	2.05B	2.05B	2.01B	1.96B	1.89B	1.75B	1.58B	1.42B	1.29B	1.21B	1.12B	1.10B	1.17B	1.16B	881.10M	682.33M	597.45M	556.57M	545.93M	558.46M	505.22M	459.92M	368.27M	469.05M	338.55M	139.95M	94.38M
Operating Expenses	1.05B	1.00B	814.68M	636.46M	584.90M	602.37M	537.41M	516.97M	514.18M	508.57M	454.08M	414.62M	410.84M	392.49M	375.97M	477.00M	682.16M	522.64M	217.51M	191.90M	202.90M	195.25M	189.10M	174.06M	152.41M	116.45M	97.74M	73.91M	53.92M	35.89M
Selling, General & Admin	80.63M	114.74M	101.25M	83.20M	71.98M	118.72M	69.89M	70.08M	72.80M	55.99M	51.50M	45.71M	52.41M	38.49M	35.73M	62.81M	59.75M	84.66M	21.11M	18.81M	17.13M	15.62M	21.04M	21.31M	12.49M	8.97M	6.38M	5.52M	3.98M	2.63M
Research & Development	0	17.54M	8.40M	10.08M	6.85M	5.44M	8.19M	9.72M	10.01M	10.61M	10.47M	6.36M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Operating Expenses	17.95M	870.61M	705.02M	543.18M	506.07M	151.62M	459.32M	437.17M	431.38M	441.97M	392.11M	362.56M	358.43M	354.01M	340.23M	414.19M	622.41M	437.98M	196.40M	173.09M	185.78M	179.63M	168.06M	152.75M	139.92M	107.48M	91.36M	68.39M	49.94M	33.26M
Operating Income	3.22B	2.27B	1.92B	1.51B	1.56B	1.41B	1.42B	1.37B	1.23B	1.07B	962.50M	871.98M	798.23M	724.24M	698.88M	644.09M	474.35M	358.45M	464.82M	395.48M	353.67M	350.68M	369.36M	334.95M	309.71M	251.82M	371.31M	264.64M	86.03M	58.49M
Other Expenses / Income	-11.80M	2.09B	34.70M	-152.74M	-37.47M	311.13M	25.31M	85.95M	85.68M	81.84M	95.03M	58.18M	35.81M	-6.28M	100.45M	292.88M	2.55M	2.18M	3.10M	-10.00M	1.01M	N/A	4.09M	3.79M	2.20M	N/A	N/A	N/A	N/A	N/A
Before Tax Income	2.17B	4.37B	1.96B	1.36B	1.53B	1.72B	1.45B	1.46B	1.32B	1.15B	1.06B	930.16M	834.04M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax Expenses	10.82M	-2.21B	329.24M	140.79M	120.31M	337.57M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	2.15B	6.58B	1.95B	1.36B	1.52B	1.71B	1.44B	1.45B	1.31B	1.14B	1.05B	939.26M	823.84M	672.04M	834.62M	935.18M	457.54M	314.03M	456.39M	366.21M	336.65M	318.74M	324.21M	297.09M	287.88M	227.02M	178.65M	153.55M	70.39M	42.12M
Interest Expenses	201.13M	136.32M	90.77M	56.28M	45.64M	32.54M	12.70M	4.20M	610.00K	6.78M	6.44M	19.81M	24.22M	30.23M	29.92M	43.94M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	175.47M	175.26M	174.86M	174.49M	174.29M	173.97M	173.61M	173.09M	172.70M	172.25M	171.64M	170.56M	169.66M	168.88M	168.36M	168.25M	169.34M	142.76M	128.16M	127.84M	125.18M	123.00M	122.31M	131.57M	126.31M	113.93M	98.45M	77.36M	41.17M	24.08M
Diluted Shares Outstanding	176.14M	176.28M	175.57M	174.64M	174.53M	174.30M	174.15M	173.88M	173.51M	173.14M	172.69M	171.66M	170.75M	169.77M	168.77M	168.99M	170.15M	143.72M	128.82M	128.68M	126.52M	124.57M	123.58M	131.66M	126.67M	114.36M	98.96M	77.36M	41.17M	24.08M
EBITDA	3.40B	3.16B	2.64B	2.07B	2.08B	2.18B	1.91B	1.89B	1.74B	1.59B	1.45B	1.32B	1.21B	1.06B	1.21B	1.39B	1.08B	752.01M	652.79M	549.36M	550.18M	525.45M	517.37M	446.06M	445.32M	348.38M	270.00M	218.42M	111.03M	69.70M
EBITDA Margin	75.25%	75.61%	77.24%	70.92%	72.92%	79.05%	71.55%	73.85%	72.97%	72.34%	72.98%	72.11%	68.87%	64.17%	74.13%	79.82%	59.46%	54.43%	61.53%	59.20%	62.87%	62.45%	61.99%	58.90%	65.81%	59.84%	57.34%	64.03%	52.21%	47.35%
EBIT	2.36B	4.50B	2.37B	1.55B	1.69B	2.08B	1.45B	1.46B	1.31B	1.15B	1.06B	959.07M	848.06M	702.26M	864.54M	979.12M	457.54M	314.03M	456.39M	366.21M	336.65M	318.74M	324.21M	297.09M	287.88M	227.02M	178.65M	153.55M	70.39M	42.12M
EBIT Margin	52.25%	107.66%	69.48%	53.32%	59.24%	75.56%	54.52%	56.93%	55.08%	52.43%	53.43%	52.50%	48.40%	42.65%	53.11%	56.09%	25.19%	22.73%	43.02%	39.46%	38.47%	37.88%	38.84%	39.23%	42.54%	39.00%	37.94%	45.01%	33.10%	28.61%
Financial Year End	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31