Public Storage (PSA) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter decreased compared to the immediately preceding period. It increased compared to the same period one year earlier.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter decreased compared to the immediately preceding period. It increased compared to the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.2B
Revenue reported for this quarter.
Quarter-over-quarter
-0.9%
Change from the immediately preceding quarter.
Year-over-year
+1.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $1.2B | +5.8% |
| Jun 30, 2024 | $1.2B | +4.8% |
| Sep 30, 2024 | $1.2B | +3.8% |
| Dec 31, 2024 | $1.2B | +1.5% |
Revenue performance
The reported revenue for this quarter was lower than the prior quarter, indicating a sequential decline.
Quarterly comparison
When compared to the immediately preceding quarter, revenue declined. However, relative to the same quarter one year ago, revenue showed an increase.
What to watch
The filing discusses retained cash flow and capital structure, which may affect the company's future financial flexibility.