Public Storage

Public Storage built its first self-storage facility in 1972. Today it operates over 2,200 unique and diverse company-owned locations in the United States and Europe, totaling more than 142 million net rentable square feet of real estate. Its PS Business Parks interest adds another 28 million(approx.) rentable square feet of commercial and industrial space. Based on number of tenants, Public Storage is among the largest landlords in the world. Given its long and successful history, its presence in major markets, its customer focus and its leadership position in the self-storage industry, Public Storage is a respected and trusted operator of self-storage facilities. Public Storage is a member of the S&P 500 and FT Global 500. Common and preferred stock for Public Storage trade on the New York Stock Exchange.
Company Growth (employees)
Type
Public
HQ
Glendale, US
Founded
1972
Size (employees)
5,500 (est)
Public Storage was founded in 1972 and is headquartered in Glendale, US

Public Storage Office Locations

Public Storage has offices in Glendale, Phoenix, West Palm Beach, West Valley City and in 292 other locations
Glendale, US (HQ)
701 Western Ave
Show all (297)

Public Storage Data and Metrics

Public Storage Financial Metrics

Public Storage's revenue was reported to be $2.6 b in FY, 2016
USD

Net income (Q1, 2017)

344 m

Market capitalization (17-Aug-2017)

34.4 b

Cash (31-Mar-2017)

120.9 m
Public Storage's current market capitalization is $34.4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2 b2.2 b2.4 b2.6 b

Revenue growth, %

11%8%8%

Gross profit

1.7 b

Gross profit Margin, %

73%

Operating expense total

514.2 m

EBIT

904.9 m979.8 m1.2 b

EBIT margin, %

46%45%50%

Net Income

1.1 b1.1 b1.3 b1.5 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

506.6 m801.5 m283.3 m611.3 m952.4 m317.3 m675.7 m1 b344 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

19.2 m187.7 m104.3 m183.7 m

Total Assets

9.9 b9.8 b9.8 b10.1 b

Accounts Payable

1.5 b

Total Debt

177.9 m128.7 m

Total Liabilities

688.7 m

Additional Paid-in Capital

5.5 b5.6 b5.6 b5.6 b

Retained Earnings

(318.5 m)(374.8 m)(434.6 m)(487.6 m)

Total Equity

8.8 b9.5 b9.2 b9.4 b

Debt to Equity Ratio

0 x0 x

Debt to Assets Ratio

0 x0 x

Financial Leverage

1.1 x1 x1.1 x1.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

388 m98.3 m152.8 m20.3 m35.7 m305.7 m260.1 m57.2 m120.9 m

Total Assets

9.9 b9.6 b9.8 b9.6 b9.7 b10.1 b10 b9.9 b10.1 b

Additional Paid-in Capital

5.5 b5.6 b5.6 b5.6 b5.6 b5.6 b5.6 b5.6 b5.6 b

Retained Earnings

(408.4 m)(417.7 m)(398.9 m)(428.3 m)(444.4 m)(476.9 m)(491.9 m)(494.3 m)(553.5 m)

Total Equity

9.3 b9.3 b9.3 b9.3 b9.2 b9.1 b8.8 b9.1 b9.4 b

Financial Leverage

1.1 x1 x1.1 x1 x1.1 x1.1 x1.1 x1.1 x1.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.1 b1.1 b1.3 b1.5 b

Depreciation and Amortization

426 m433.3 m

Cash From Operating Activities

1.4 b1.6 b1.7 b1.9 b

Cash From Investing Activities

(1.4 b)(213 m)(440.1 m)(716.7 m)

Cash From Financing Activities

(16.2 m)(1.2 b)(1.4 b)(1.1 b)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

506.6 m801.5 m283.3 m611.3 m952.4 m317.3 m675.7 m1 b344 m

Depreciation and Amortization

215.5 m326.5 m107.1 m213.6 m319.7 m105.1 m212.1 m321.6 m110.9 m

Cash From Operating Activities

726 m1.2 b369.2 m826 m1.3 b441 m964.7 m1.5 b459.1 m

Cash From Investing Activities

101.7 m9.8 m(94.1 m)(188 m)(286.1 m)(162.7 m)(287.8 m)(455.6 m)(118.1 m)

Cash From Financing Activities

(458.6 m)(1.1 b)(309.5 m)(804.6 m)(1.2 b)(76.3 m)(520.8 m)(1.1 b)(403.8 m)
Y, 2017

Financial Leverage

1.1 x

Public Storage Market Value History

Traffic Overview of Public Storage

Public Storage Online and Social Media Presence

Public Storage News and Updates

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Stash my stuff

A group of start-ups think the sharing economy model made popular by Airbnb can work for the storage industry.

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VCs are always on the hunt for the next 10x company, but what draws them in can be anything from a great founder team to  product-market fit to a game-changing user interface. Below we highlight quotes from funding announcements, interviews, … Continued

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The Democratic nominee outraised her opponent 20 to 1.

Brexit Hits Tech Stocks

As Dow Jones Stock Index Drops Another 300 Points

Public Storage Company Life and Culture

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