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PSA-PR| Name | Value |
|---|---|
| Revenues | 1,173.2M |
| Cost of Revenue | 301.0M |
| Gross Profit | 872.2M |
| Operating Expense | 309.9M |
| Operating I/L | 562.2M |
| Other Income/Expense | -39.0M |
| Interest Income | 13.0M |
| Pretax | 523.3M |
| Income Tax Expense | 2.1M |
| Net Income/Loss | 518.1M |
Public Storage is a real estate investment trust (REIT) that specializes in acquiring, developing, owning, and operating self-storage facilities. The company has a vast portfolio, including 2,504 self-storage facilities in 38 states in the United States, as well as equity interests in Shurgard Self Storage SA and PS Business Parks, Inc. Public Storage generates revenue through rental income from its self-storage facilities, catering to individuals and businesses seeking storage solutions. Additionally, the company benefits from its equity interests in other real estate ventures, contributing to its overall financial performance and market presence.
