Public StoragePSA

Market cap
$47.3B
P/E ratio
Dec 31,
2010
Dec 31,
2011
Dec 31,
2012
Dec 31,
2013
Dec 31,
2014
Dec 31,
2015
Dec 31,
2016
Dec 31,
2017
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Dec 31,
2024
Net income6968369431,0581,1501,3181,4601,4481,7171,5261,3611,9604,3662,1602,084
Gain on sale of equity investment in PS Business Parks, Inc.------------2,129--
Gain on sale of real estate---4219113801142172
Depreciation and amortization------4334554845135537138889701,130
Equity in earnings of unconsolidated real estate entities385946588851577610370802321072820
Proceeds from Equity Method Investment, Distribution------------1352911
Unrealized foreign currency exchange (gain) loss--------------51102
Share-based compensation expense------373870263360574245
Other non-cash adjustments-------------2111
Other assets-------------1645
Accrued and other liabilities-------------3515
Net cash flows from operating activities1,0931,2031,2861,430---1,9762,0622,0682,0432,5443,1173,2473,128
Capital expenditures to maintain real estate facilities----------170270460237240
Capital expenditures for property enhancements-------------160127
Capital expenditures for energy efficiencies (LED lighting, solar)-------------6554
Development and expansion of real estate facilities-------------364327
Acquisition of real estate facilities and intangible assets108772261,1514101774162851814387925,047758473267
Acquisition of BREIT Simply Storage LLC, net of cash acquired-------------2,178-
Issuance of notes receivable--------------10
Proceeds from Equity Method Investment, Distribution, Return of Capital-------------1113
Contributions to unconsolidated real estate entity---105---------113-
Proceeds from sale of real estate investments-----15165412162408
Proceeds from Sale of Equity Method Investments------------2,636--
Net cash flows (used in) from investing activities-267-81-290-1,412----740-514-897-1,118-5,5641,120-3,539-1,003
Issuance costs on amendment of credit facility-------------8-
Repayments of notes payable-17461252441736222225138809
Proceeds from Issuance of Unsecured Debt-----264114992-4975455,039-2,1811,151
Issuance of preferred shares-8361,651702739-1,136--1,0591,2081,147243--
Issuance of common shares4126124213830264313341396355360
Issuance of common shares in connection with share-based compensation--------------47
Taxes paid upon net share settlement of restricted share units------------171413
Repurchase of common shares--------------200
Acquisition of noncontrolling interests--------------2
Proceeds from Noncontrolling Interests-----2322432233
Distributions paid to preferred shareholders, common shareholders, restricted share unitholders and unvested LTIP unitholders7558469591,0911,2011,3711,5061,6301,6131,6091,6061,5893,9082,3052,302
Distributions paid to noncontrolling interests-146667877757341515
Net cash flows used in financing activities-1,133-1,439-1,117-16----992-1,620-1,121-1,0763,498-4,193-113-2,079
Net increase (decrease) in cash and equivalents, including restricted cash-------244-7250-15147944-40547
Capital expenditures to maintain real estate facilities------------23-15-11-7
Capital expenditures for property enhancements--------------3-1
Capital expenditures for energy efficiencies (LED lighting, solar)--------------0-1
Construction or expansion of real estate facilities-------------6847
Real estate acquired in exchange for noncontrolling interests------------68-20--
Cash paid for interest, net of amounts capitalized-------------146269
Income Taxes Paid, Net-------------117