
Quarterly report 2025-Q2
added 07-30-2025
Public Storage Balance Sheet 2011-2025 | PSA
Annual Balance Sheet Public Storage
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
8.91 B | 8.73 B | 6.1 B | 6.74 B | - | 3.4 B | 1.05 B | 998 M | 207 M | 215 M | -123 M | 820 M | 452 M | 658 M |
Long Term Debt |
9.35 B | 9.1 B | 6.87 B | 7.48 B | - | 1.9 B | 1.41 B | 1.43 B | 391 M | 319 M | 64.4 M | 839 M | 469 M | 398 M |
Total Non Current Liabilities |
- | - | - | - | - | 1.9 B | 1.41 B | 1.43 B | 391 M | 319 M | 64.4 M | 839 M | 469 M | 398 M |
Total Liabilities |
9.94 B | 9.7 B | 7.39 B | 7.96 B | 3.24 B | 2.29 B | 1.78 B | 1.77 B | 689 M | 581 M | 312 M | 1.06 B | 671 M | 609 M |
Retained Earnings |
-699 M | -268 M | -110 M | -550 M | - | -666 M | -577 M | -676 M | -488 M | -435 M | -375 M | -318 M | -279 M | -260 M |
Total Assets |
19.8 B | 19.8 B | 17.6 B | 17.4 B | 11.8 B | 11.4 B | 10.9 B | 10.7 B | 10.1 B | 9.78 B | 9.82 B | 9.88 B | 8.79 B | 8.93 B |
Cash and Cash Equivalents |
447 M | 370 M | 775 M | 735 M | 258 M | 410 M | 361 M | 433 M | 184 M | 104 M | 188 M | 19.2 M | 17.2 M | 139 M |
Book Value |
9.81 B | 10.1 B | 10.2 B | 9.42 B | 8.58 B | 9.08 B | 9.14 B | 8.96 B | 9.44 B | 9.2 B | 9.51 B | 8.82 B | 8.12 B | 8.32 B |
Total Shareholders Equity |
9.71 B | 10 B | 10.2 B | 9.36 B | 8.58 B | 9.06 B | 9.12 B | 8.94 B | 9.41 B | 9.17 B | 9.48 B | 8.79 B | 8.09 B | 8.29 B |
All numbers in USD currency
Quarterly Balance Sheet Public Storage
| 2025-Q2 | 2025-Q1 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
10.4 B | 9.42 B | 9.47 B | 9.4 B | 9.07 B | 9.1 B | 9.03 B | 6.89 B | 6.9 B | 6.87 B | 6.74 B | - | 7.44 B | 7.48 B | 5.77 B | 5 B | 3 B | 2.54 B | 2.54 B | 2.54 B | 2.54 B | 1.9 B | 1.9 B | 1.9 B | 1.9 B | 1.41 B | 1.41 B | 1.41 B | 1.41 B | 1.43 B | 1.43 B | 1.43 B | 1.43 B | 391 M | 391 M | 437 M | 337 M | 264 M | 264 M | 264 M | 264 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Liabilities |
11.1 B | 9.95 B | 10.1 B | 9.99 B | 9.57 B | 9.7 B | 9.67 B | 7.4 B | 7.37 B | 7.39 B | 7.33 B | - | 7.9 B | 7.96 B | 6.25 B | 5.73 B | 3.36 B | 3.24 B | 3.24 B | 3.24 B | 3.24 B | 2.29 B | 2.29 B | 2.29 B | 2.29 B | 1.78 B | 1.78 B | 1.78 B | 1.78 B | 1.77 B | 1.77 B | 1.77 B | 1.77 B | 689 M | 689 M | 689 M | 689 M | 581 M | 581 M | 581 M | 581 M | 312 M | 312 M | 312 M | 312 M | 1.06 B | 1.06 B | 1.06 B | 1.06 B | 671 M | 671 M | 671 M | 671 M | 609 M | 609 M | 609 M | 609 M |
Retained Earnings |
-1.09 B | -867 M | -737 M | -593 M | -336 M | -268 M | -131 M | -167 M | -169 M | -110 M | -123 M | - | -436 M | -550 M | -771 M | -864 M | -878 M | -915 M | -915 M | -915 M | -915 M | -666 M | -666 M | -666 M | -666 M | -577 M | -577 M | -577 M | -577 M | -676 M | -676 M | -676 M | -676 M | -488 M | -488 M | -488 M | -488 M | -435 M | -435 M | -435 M | -435 M | -375 M | -375 M | -375 M | -375 M | -318 M | -318 M | -318 M | -318 M | -279 M | -279 M | -279 M | -279 M | -260 M | -260 M | -260 M | -260 M |
Total Assets |
20.5 B | 19.6 B | 19.8 B | 19.8 B | 19.6 B | 19.8 B | 19.9 B | 17.6 B | 17.5 B | 17.6 B | 17.5 B | - | 17.7 B | 17.4 B | 15.3 B | 14.5 B | 12 B | 11.8 B | 11.8 B | 11.8 B | 11.8 B | 11.4 B | 11.4 B | 11.4 B | 11.4 B | 10.9 B | 10.9 B | 10.9 B | 10.9 B | 10.7 B | 10.7 B | 10.7 B | 10.7 B | 10.1 B | 10.1 B | 10.1 B | 10.1 B | 9.78 B | 9.78 B | 9.78 B | 9.78 B | 9.82 B | 9.82 B | 9.82 B | 9.82 B | 9.88 B | 9.88 B | 9.88 B | 9.88 B | 8.79 B | 8.79 B | 8.79 B | 8.79 B | 8.93 B | 8.93 B | 8.93 B | 8.93 B |
Cash and Cash Equivalents |
1.1 B | 287 M | 599 M | 542 M | 272 M | 370 M | 630 M | 652 M | 695 M | 775 M | 884 M | 1.01 B | 941 M | 735 M | 958 M | 481 M | 160 M | 258 M | 258 M | 258 M | 258 M | 410 M | 410 M | 410 M | 410 M | 361 M | 361 M | 361 M | 361 M | 433 M | 433 M | 433 M | 433 M | 184 M | 184 M | 184 M | 184 M | 104 M | 104 M | 104 M | 104 M | 188 M | 188 M | 188 M | 188 M | 19.2 M | 19.2 M | 19.2 M | 19.2 M | 17.2 M | 17.2 M | 17.2 M | 17.2 M | 139 M | 139 M | 139 M | 139 M |
Book Value |
9.48 B | 9.67 B | 9.71 B | 9.8 B | 10 B | 10.1 B | 10.2 B | 10.2 B | 10.1 B | 10.2 B | 10.1 B | - | 9.8 B | 9.42 B | 9.04 B | 8.76 B | 8.62 B | 8.58 B | 8.58 B | 8.58 B | 8.58 B | 9.08 B | 9.08 B | 9.08 B | 9.08 B | 9.14 B | 9.14 B | 9.14 B | 9.14 B | 8.96 B | 8.96 B | 8.96 B | 8.96 B | 9.44 B | 9.44 B | 9.44 B | 9.44 B | 9.2 B | 9.2 B | 9.2 B | 9.2 B | 9.51 B | 9.51 B | 9.51 B | 9.51 B | 8.82 B | 8.82 B | 8.82 B | 8.82 B | 8.12 B | 8.12 B | 8.12 B | 8.12 B | 8.32 B | 8.32 B | 8.32 B | 8.32 B |
Total Shareholders Equity |
9.37 B | 9.57 B | 9.61 B | 9.8 B | 10 B | 10 B | 10.2 B | 10.2 B | 10.1 B | 10.1 B | 10.1 B | 10 B | 9.72 B | 9.34 B | 9.04 B | 8.74 B | 8.6 B | 8.56 B | 8.56 B | 8.56 B | 8.56 B | 9.06 B | 9.06 B | 9.06 B | 9.06 B | 9.12 B | 9.12 B | 9.12 B | 9.12 B | 8.94 B | 8.94 B | 8.94 B | 8.94 B | 9.41 B | 9.41 B | 9.41 B | 9.41 B | 9.17 B | 9.17 B | 9.17 B | 9.17 B | 9.48 B | 9.48 B | 9.48 B | 9.48 B | 8.79 B | 8.79 B | 8.79 B | 8.79 B | 8.09 B | 8.09 B | 8.09 B | 8.09 B | 8.29 B | 8.29 B | 8.29 B | 8.29 B |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Public Storage, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
Balance sheet of other industry stocks – Reit industrial
| Issuer | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|
|
Life Storage
LSI
|
- | -0.76 % | $ 11.4 B | ||
|
Extra Space Storage
EXR
|
$ 132.75 | 0.55 % | $ 28.1 B | ||
|
EastGroup Properties
EGP
|
$ 179.97 | -0.32 % | $ 8.78 B | ||
|
Prologis
PLD
|
$ 129.16 | 0.12 % | $ 120 B | ||
|
Rexford Industrial Realty
REXR
|
$ 41.45 | -0.05 % | $ 5.77 B | ||
|
Global Self Storage
SELF
|
$ 5.05 | -1.94 % | $ 55.8 M | ||
|
CubeSmart
CUBE
|
$ 37.05 | 0.31 % | $ 8.39 B | ||
|
Monmouth Real Estate Investment Corporation
MNR
|
$ 12.16 | 2.36 % | $ 1.19 B | ||
|
Duke Realty Corporation
DRE
|
- | - | $ 18.6 B | ||
|
Innovative Industrial Properties
IIPR
|
$ 50.43 | 1.65 % | $ 1.42 B | ||
|
Gladstone Land Corporation
LAND
|
$ 9.21 | 0.05 % | $ 331 M | ||
|
Plymouth Industrial REIT
PLYM
|
$ 21.96 | 0.02 % | $ 988 M | ||
|
STAG Industrial
STAG
|
$ 39.05 | -0.28 % | $ 7.11 B | ||
|
Terreno Realty Corporation
TRNO
|
$ 62.67 | -0.25 % | $ 5.99 B |