PSA Search Earning

Public Storage

PSA

Public Storage Inc. traded flat at $300.43 after the owner and operator of self-storage facilities reported results for the three months ending in March.

Revenue inched up to $934.54 million from $934.03 million, net income slumped to $358.23 million from $459.21 million, and diluted earnings per share declined to $2.04 from $2.60 a year ago.

During the quarter, the company acquired nine self-storage facilities for $141.0 million, and subsequent to March 31, the company had added another five self-storage facilities for $43.2 million.

The company opened three newly developed facilities and completed various expansion projects during the quarter.
May 1, 2025

Public Storage dropped 2% to $297.16 despite the self-storage services provider reporting higher revenue for the fourth quarter ending in December.

Revenue increased to $1.18 billion from $1.16 billion, net income surged to $614.61 million from $439.29 million, and earnings per diluted share rose to $3.21 from $2.21 a year ago.

The company proposed a dividend of $3.00 per share, payable on March 28 to shareholders on record as of March 13.

For fiscal 2025, the company provided optimistic guidance based on its portfolio of 2,565 same-store facilities and 508 non-same-store facilities, reflecting strong core FFO per share expectations.
Feb 25, 2025

Year	Mar	Jun	Sep	Dec	Annual

2023	2.65	3.00	3.20	-	-
2022	2.63	3.42	15.38	2.07	23.5
2021	2.21	1.97	2.52	3.17	9.87
2020	1.79	1.41	1.41	1.68	6.29
2019	1.73	1.76	1.93	1.87	7.29
2018	1.65	2	1.85	3.04	8.54
2017	2.34	2.31	2.61	2.75	10.01
2016	2.10	2.34	2.51	2.65	9.6
2015	1.91	2.15	2.27	2.45	8.78
2014	1.01	1.26	1.34	1.64	5.25
2013	0.94	1.20	1.34	1.41	4.89
2012	0.73	0.77	1.18	1.22	3.9
2011	0.87	0.77	0.69	0.96	3.29
2010	0.21	0.36	1.07	0.71	2.35
2009	0.95	0.80	1.03	0.69	3.47
2008	2.63	0.40	0.42	0.73	4.18
2007	-0.03	0.08	0.51	0.61	1.17
2006	0.48	0.55	-0.04	-0.66	0.33
2005	0.38	0.47	0.62	0.50	1.97