Public Storage (PSA) FY2024 10-K Annual Report

Filed: Feb 24, 2025
Financials
Real Estate Investment TrustsSEC EDGAR

Public Storage (PSA) 10-K annual report for fiscal year 2024, filed with SEC EDGAR on Feb 24, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Public Storage FY2024 10-K Analysis

Business Overview

  • Core business model: ownership, development, and management of self-storage facilities across the U.S.
  • New emphasis on climate change risks including compliance with California SB 253 and SB 261 starting 2026, increasing emissions data reporting and related costs
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Public Storage FY2024 Key Financial Metrics
XBRL

Revenue

$4.7B

+3.9% YoY

Net Income

$2.1B

-3.6% YoY

Net Margin

44.1%

-343bp YoY

ROE

21.3%

-12bp YoY

Total Assets

$19.8B

-0.3% YoY

EPS (Diluted)

$10.64

-3.8% YoY

Operating Cash Flow

$3.1B

-3.6% YoY

Source: XBRL data from Public Storage FY2024 10-K filing on SEC EDGAR. All figures in USD.

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