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Income Statement Highlights for PSA


Sales and Profits

Educational Information

Revenue is a company's gross amount of money made, sometimes refered to as the 'top line'-item, or Sales.
Net Income, also refered to as Profits, Earnings, or the 'bottom line', is the money that's left after all bills are paid.
Both 'line'-phrases refer to the stats' relative position on an Income Statement.
Profit Margin is just Net Income divided by Revenue for the given year.


Category Year Revenue Revenue GR Net Income Net Income GR Profit Margin
Average 5.690% 6.186% 51.911%
2023 $4,517,690,000 8.023% $2,148,327,000 -50.603% 47.550%
2023 $4,517,690,000 0.000% $2,148,327,000 0.000% 47.550%
2022 $4,182,163,000 22.435% $4,349,147,000 122.661% 103.990%
2021 $3,415,824,000 17.178% $1,953,263,000 43.917% 57.180%
2020 $2,915,068,000 2.100% $1,357,213,000 -10.741% 46.560%
2019 $2,855,108,000 3.464% $1,520,534,000 -11.133% 53.260%
2018 $2,759,523,000 3.410% $1,711,031,000 18.639% 62.000%
2017 $2,668,528,000 4.217% $1,442,217,000 -0.781% 54.050%
2016 $2,560,549,000 7.509% $1,453,576,000 10.855% 56.770%
2015 $2,381,696,000 8.486% $1,311,244,000 14.599% 55.060%

EPS-Related Stats

Educational Information

Earnings per Share is just the Net Income divided by the number of Shares Outstanding.
Some companies report EPS to the SEC and some don't, so we've included a calculated version to provide context when reported values are lacking.
If all shares data is unfound in SEC records, shares outstanding null values have been replaced with one (1), which may skew EPS calculations dramatically.


Category Year Shares Shares GR Reported EPS Reported EPS GR Calculated EPS Calculated EPS GR
Average 0.229% $5.67/share 9.034% $7.10/share 5.355%
2023 175,257,000 0.000% $11.11/share -53.003% $12.26/share -50.604%
2023 175,472,000 0.123% $11.11/share -53.003% $12.24/share -0.163%
2022 175,257,000 0.228% $23.64/share 138.547% $24.82/share 122.202%
2021 174,858,000 0.209% $9.91/share 57.552% $11.17/share 43.573%
2020 174,494,000 0.119% $6.29/share -13.836% $7.78/share -10.780%
2019 174,287,000 0.183% $7.30/share -14.720% $8.72/share -11.382%
2018 173,969,000 0.205% $8.56/share 26.815% $9.84/share 18.412%
2017 173,613,000 0.302% $6.75/share -1.316% $8.31/share -1.071%
2016 173,091,000 0.227% $6.84/share 12.131% $8.40/share 10.672%
2015 172,699,000 0.260% $6.10/share 15.750% $7.59/share 14.307%

REIT-related Stats

Educational Information

FFO is the REIT-equivalent of Net Income, and we use that to calculate REIT EPS: FFO divided by Shares Outstanding.
We don't have the necessary data available at this time to calculate AFFO, Adjusted Funds from Operations, which is a more accurate Net Income proxy for REITS.
However, the FFO numbers here can be used as a reliable substitute in lieu of that current deficiency in our models.
If the company you're looking at isn't a REIT, this table can be ignored altogether.
If stats on sales of property weren't found, null values were replaced with zero (0), which may skew FFO calculations.


Category Year FFO FFO GR Shares Shares GR REIT EPS REIT EPS GR
Average 5.527% 0.229% $9.14/share 4.755%
2023 $3,101,205,000 -40.769% 175,257,000 0.000% $17.70/share -40.769%
2023 $3,101,205,000 0.000% 175,472,000 0.123% $17.67/share -0.123%
2022 $5,235,790,000 97.353% 175,257,000 0.228% $29.87/share 96.904%
2021 $2,653,008,000 38.975% 174,858,000 0.209% $15.17/share 38.686%
2020 $1,908,977,000 -6.106% 174,494,000 0.119% $10.94/share -6.217%
2019 $2,033,111,000 -5.734% 174,287,000 0.183% $11.67/share -5.906%
2018 $2,156,774,000 13.795% 173,969,000 0.205% $12.40/share 13.562%
2017 $1,895,322,000 0.484% 173,613,000 0.302% $10.92/share 0.181%
2016 $1,886,201,000 9.743% 173,091,000 0.227% $10.90/share 9.494%
2015 $1,718,749,000 8.862% 172,699,000 0.260% $9.95/share 8.579%