Public Storage Past Earnings Performance
Past criteria checks 3/6
Public Storage has been growing earnings at an average annual rate of 18.8%, while the Specialized REITs industry saw earnings growing at 17.9% annually. Revenues have been growing at an average rate of 11.8% per year. Public Storage's return on equity is 21.3%, and it has net margins of 40.4%.
Key information
18.8%
Earnings growth rate
18.7%
EPS growth rate
Specialized REITs Industry Growth | 18.0% |
Revenue growth rate | 11.8% |
Return on equity | 21.3% |
Net Margin | 40.4% |
Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Public Storage makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Jun 24 | 4,659 | 1,880 | 92 | 0 |
31 Mar 24 | 4,609 | 1,940 | 85 | 0 |
31 Dec 23 | 4,546 | 1,949 | 81 | 0 |
30 Sep 23 | 4,476 | 1,922 | 64 | 0 |
30 Jun 23 | 4,421 | 4,071 | 56 | 0 |
31 Mar 23 | 4,347 | 4,146 | 66 | 0 |
31 Dec 22 | 4,240 | 4,142 | 72 | 0 |
30 Sep 22 | 4,091 | 4,338 | 92 | 0 |
30 Jun 22 | 3,910 | 2,068 | 106 | 0 |
31 Mar 22 | 3,705 | 1,811 | 105 | 0 |
31 Dec 21 | 3,648 | 1,732 | 76 | 0 |
30 Sep 21 | 3,307 | 1,467 | 109 | 0 |
30 Jun 21 | 3,148 | 1,271 | 97 | 0 |
31 Mar 21 | 3,028 | 1,171 | 84 | 0 |
31 Dec 20 | 2,996 | 1,098 | 80 | 0 |
30 Sep 20 | 2,969 | 1,133 | 60 | 0 |
30 Jun 20 | 2,962 | 1,224 | 58 | 0 |
31 Mar 20 | 2,961 | 1,284 | 58 | 0 |
31 Dec 19 | 2,925 | 1,273 | 62 | 0 |
30 Sep 19 | 2,889 | 1,476 | 79 | 0 |
30 Jun 19 | 2,865 | 1,461 | 89 | 0 |
31 Mar 19 | 2,875 | 1,503 | 106 | 0 |
31 Dec 18 | 2,825 | 1,489 | 104 | 0 |
30 Sep 18 | 2,836 | 1,293 | 110 | 0 |
30 Jun 18 | 2,815 | 1,250 | 105 | 0 |
31 Mar 18 | 2,762 | 1,178 | 88 | 0 |
31 Dec 17 | 2,744 | 1,172 | 82 | 0 |
30 Sep 17 | 2,717 | 1,190 | 81 | 0 |
30 Jun 17 | 2,694 | 1,220 | 81 | 0 |
31 Mar 17 | 2,653 | 1,224 | 85 | 0 |
31 Dec 16 | 2,614 | 1,184 | 82 | 0 |
30 Sep 16 | 2,590 | 1,134 | 82 | 0 |
30 Jun 16 | 2,541 | 1,099 | 80 | 0 |
31 Mar 16 | 2,492 | 1,082 | 83 | 0 |
31 Dec 15 | 2,419 | 1,053 | 84 | 0 |
30 Sep 15 | 2,379 | 1,034 | 84 | 0 |
30 Jun 15 | 2,329 | 992 | 82 | 0 |
31 Mar 15 | 2,275 | 947 | 77 | 0 |
31 Dec 14 | 2,229 | 908 | 71 | 0 |
30 Sep 14 | 2,191 | 868 | 69 | 0 |
30 Jun 14 | 2,136 | 868 | 69 | 0 |
31 Mar 14 | 2,092 | 857 | 67 | 0 |
31 Dec 13 | 2,023 | 845 | 67 | 0 |
30 Sep 13 | 1,992 | 810 | 63 | 0 |
Quality Earnings: PSA.PRS has high quality earnings.
Growing Profit Margin: PSA.PRS's current net profit margins (40.4%) are lower than last year (92.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PSA.PRS's earnings have grown by 18.8% per year over the past 5 years.
Accelerating Growth: PSA.PRS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PSA.PRS had negative earnings growth (-53.8%) over the past year, making it difficult to compare to the Specialized REITs industry average (13.3%).
Return on Equity
High ROE: PSA.PRS's Return on Equity (21.3%) is considered high.