PSA-PM - Intrinsic Value and Financial Analysis - Public Storage

Public Storage PSA-PM

Real Estate - REIT - Industrial - NYSE - US

Watchlist

$ 19.04

-0.366 %

$ 58.4 B

Market Cap

1.85

P/E

BALANCE SHEET

19.8 B ASSETS

Growth Rates

1Year 12.86%

3Years 18.79%

5Years 12.63%

7Years 10.05%

10Years 7.21%

9.7 B LIABILITIES

Growth Rates

1Year 31.37%

3Years 44.14%

5Years 40.32%

7Years 45.92%

10Years 24.81%

10 B EQUITY

Growth Rates

1Year -0.60%

3Years 5.37%

5Years 1.89%

7Years 0.89%

10Years 1.31%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Public Storage

19.8 B ASSETS
9.7 B LIABILITIES

Current Assets	370 M
Cash & Short-Term Investments	370 M
Receivables	0
Other Current Assets	0
Non-Current Assets	19.4 B
Long-Term Investments	390 M
PP&E	18.4 B
Other Non-Current Assets	662 M

Current Liabilities	599 M
Accounts Payable	0
Short-Term Debt	0
Other Current Liabilities	599 M
Non-Current Liabilities	9.1 B
Long-Term Debt	9.1 B
Other Non-Current Liabilities	0

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995	Dec-1994	Dec-1993	Dec-1992	Dec-1991	Dec-1990	Dec-1989	Dec-1988	Dec-1987	Dec-1986	Dec-1985	Dec-1984	Dec-1983
ASSETS
Cash & Cash Equivalents	370.0	775.3	734.6	257.6	409.7	361.2	433.4	183.7	104.3	187.7	19.2	17.2	139.0	456.3	763.8	680.7	245.4	555.6	493.5	366.3	204.8	103.1	49.3	89.5	55.1	51.2	41.5	26.9	80.4	20.2	0	0	0	0	0	12.0	1.0	1.0	31.0	33.0	0
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	102.3	0	0	306.7	0	0	0	0	0	0	0	0	0	0	0	0	0	8.8	79.7	131.3	166.6	169.8	0	0	0	0	0	0
Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0.5	100.5	24.3	59.3	26.2	18.8	5.4	21.8	25.0	23.7	23.1	0	0	0	0	0	0	0	0	0	0	0
Inventory	0	0	0	0	0	0	0	0	0	0	(428.1)	(411.0)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Current Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	92.9	0	0	0	0	0	0	0	552.2	508.2	516.4	509.4	293.5	374.4	430.6	0	0	0	0	0	0	0	0	0	0	0	0
Total Current Assets	370.0	775.3	734.6	257.6	409.7	361.2	433.4	183.7	104.3	187.7	447.3	428.2	139.0	558.5	856.7	680.7	552.2	555.6	493.5	366.7	305.3	127.4	660.9	623.9	590.3	566.0	356.8	426.2	534.7	43.2	8.8	79.7	131.3	166.6	169.8	12.0	1.0	1.0	31.0	33.0	0
PP&E	18 386.7	373.0	272.5	188.1	141.9	285.3	264.4	230.3	219.2	104.6	52.3	7 331.9	7 379.2	7 532.8	7 562.0	7 821.9	9 590.9	9 597.5	4 484.8	4 246.7	4 054.3	4 106.3	3 762.3	3 705.0	3 429.8	2 634.3	2 741.9	1 923.7	1 171.2	765.0	588.5	311.6	175.4	90.1	53.2	0	0	0	0	35.0	36.0
Intangible Assets	221.4	66.7	137.1	30.1	31.3	35.3	40.4	38.1	36.9	54.0	72.3	34.8	209.7	42.1	38.3	52.0	173.7	414.6	19.9	26.5	111.3	117.9	202.7	185.0	194.3	203.6	212.9	222.3	231.6	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill	165.8	165.8	165.8	174.6	174.6	174.6	174.6	174.6	174.6	174.6	174.6	174.6	0.2	174.6	174.6	174.6	174.6	174.6	78.2	78.2	78.2	78.2	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	390.2	275.8	828.8	773.0	767.8	784.0	724.2	689.2	809.3	813.7	856.2	735.3	714.6	601.6	612.3	544.6	306.7	301.9	328.6	341.3	336.7	329.7	479.3	448.9	457.5	450.5	225.9	350.2	416.2	0	0	0	0	0	0	0	0	0	0	39.0	19.0
Other Long Term Assets	275.1	(1 656.5)	207.7	172.7	174.3	131.1	130.3	122.1	95.5	103.3	86.1	7 420.5	87.2	90.5	561.7	109.9	(10 246.0)	(10 488.7)	(4 911.5)	(4 692.7)	(4 580.5)	(4 632.1)	(479.3)	(448.9)	(457.5)	(450.5)	(225.9)	(350.2)	(416.2)	(765.0)	(588.5)	(311.6)	(175.4)	(90.1)	(53.2)	0	0	0	0	(74.0)	(55.0)
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(155.1)	154.2	147.5	145.3	82.2	84.1	0	0	0	0	0	0	0	12.1	68.8	10.4	13.8	14.1	17.9	255.6	244.3	245.1	193.9	10.0	64.0
Total Assets	19 809.2	17 552.3	17 380.9	11 816.5	11 365.4	10 928.3	10 732.9	10 130.3	9 778.2	9 818.7	9 876.3	8 793.4	8 932.6	9 495.3	9 805.6	9 936.0	10 643.1	11 198.5	5 552.5	5 204.8	4 968.1	4 843.7	4 625.9	4 513.9	4 214.4	3 403.9	3 311.6	2 572.2	1 937.5	820.3	666.1	401.7	320.5	270.8	240.9	255.6	244.3	245.1	193.9	117.0	64.0
LIABILITIES
Accounts Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0	750.1	0	0	0	0	0	216.2	0	114.0	129.5	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	42.0	4.0
Other Current Liabilities	599.0	514.7	482.1	394.7	383.3	371.3	337.2	297.9	261.6	247.1	218.4	334.7	609.3	774.2	731.1	212.4	(216.2)	0	(114.0)	(129.5)	0	0	572.0	634.0	358.0	204.0	366.0	159.0	145.0	181.0	0	0	0	0	0	0	0	0	0	3.0	3.0
Total Current Liabilities	599.0	514.7	482.1	394.7	383.3	371.3	337.2	297.9	261.6	247.1	268.5	334.7	609.3	774.2	731.1	212.4	0	0	114.0	129.5	0	0	572.0	634.0	358.0	204.0	366.0	159.0	145.0	181.0	242.0	96.0	71.0	39.0	44.0	23.0	31.0	36.0	36.0	45.0	7.0
Long Term Debt	9 103.3	6 870.8	7 475.3	2 545.0	1 902.5	1 412.3	1 431.3	390.7	319.0	64.4	89.0	335.8	398.3	568.4	0	643.8	853.7	1 503.5	149.6	145.6	76.0	115.9	168.6	156.0	167.3	81.4	103.6	108.4	158.1	77.2	84.1	53.7	85.2	77.7	80.0	3.6	8.4	14.6	15.0	20.0	17.0
Deferred Tax Income	0	(6 610.3)	(7 222.8)	(3 239.6)	(1 876.0)	(1 422.3)	(1 335.1)	(505.0)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	0	0	0	300.0	0	0	0	0	1	0	0	0	0	0	0	0	519.6	(1 503.5)	(114.0)	(129.5)	(76.0)	(115.9)	(168.6)	(156.0)	(167.3)	(81.4)	(103.6)	(108.4)	(158.1)	(77.2)	(84.1)	(53.7)	(85.2)	(77.7)	(80.0)	(3.6)	(8.4)	(14.6)	(15.0)	0	0
Total Liabilities	9 702.3	7 385.5	7 957.4	3 239.6	2 285.8	1 783.5	1 768.5	688.7	580.6	311.5	1 057.4	670.5	609.3	774.2	731.1	856.2	1 373.3	2 484.4	481.5	345.9	322.1	245.2	261.7	256.9	338.7	145.2	174.2	149.9	190.6	91.3	96.3	61.4	89.9	81.9	83.2	93.7	79.7	86.4	61.7	65.0	24.0
EQUITY
Common Stock	17.6	17.5	17.5	17.5	17.4	17.4	17.4	17.3	17.3	17.2	17.2	17.1	17.0	16.9	16.8	16.8	16.9	16.9	12.8	12.9	12.7	12.4	12.2	13.1	13.4	12.3	11.2	9.5	7.9	2.9	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	(267.9)	(110.2)	(550.4)	(914.8)	(665.6)	(577.4)	(675.7)	(487.6)	(434.6)	(374.8)	(318.5)	(279.5)	(259.6)	(236.4)	(153.8)	4 896.0	(485.4)	(344.7)	(124.9)	(142.6)	(98.6)	(41.6)	31.3	1 387.1	57.4	59.7	575.1	396.4	242.9	(10.2)	(144.6)	(119.0)	(104.7)	(17.4)	(21.8)	0	(13.8)	30.1	18.1	(2.0)	(2.0)
Other Accumulative Comprehensive Income/Loss	(67.2)	(80.3)	(53.6)	(43.4)	(64.9)	(64.1)	(75.1)	(95.1)	(68.5)	(48.2)	(0.5)	(1.0)	(23.0)	(15.8)	(15.0)	(31.9)	50.1	19.3	0	0	0	0	(819.9)	(668.0)	(533.4)	(411.2)	(378.2)	(297.7)	(242.0)	(202.7)	0	0	0	0	0	0	0	0	0	0	0
Total Equity	10 106.9	10 166.8	9 423.5	8 576.9	9 079.7	9 144.7	8 964.4	9 441.7	9 197.6	9 507.2	8 818.9	8 122.9	8 323.3	8 721.1	9 074.5	9 079.9	9 269.8	8 714.1	5 071.0	4 858.9	4 645.9	4 598.5	4 364.2	4 257.0	3 875.7	3 258.7	3 137.4	2 422.2	1 746.9	729.0	569.8	340.3	230.6	188.9	157.7	161.9	164.6	158.7	132.2	52.0	40.0
Total Liabilities and Equity	19 809.2	17 552.3	17 380.9	11 816.5	11 365.4	10 928.3	10 732.9	10 130.3	9 778.2	9 818.7	9 876.3	8 793.4	8 932.6	9 495.3	9 805.6	9 936.0	10 643.1	11 198.5	5 552.5	5 204.8	4 968.1	4 843.7	4 625.9	4 513.9	4 214.4	3 403.9	3 311.6	2 572.2	1 937.5	820.3	666.1	401.7	320.5	270.8	240.9	255.6	244.3	245.1	193.9	117.0	64.0
SHARES OUTSTANDING
Common Shares Outstanding	175.5	175.3	174.9	174.5	174.3	174.0	173.6	173.1	172.7	172.3	171.6	170.6	169.7	168.9	168.4	168.2	169.3	142.8	128.2	127.8	125.2	123.0	122.3	131.6	126.3	113.9	98.0	77.2	41.2	24.1	18.1	16.8	14.8	11.5	11.0	10.9	10.5	9.5	2.5	4.1	2.8

Balance Sheet

Premium Plan

Unlimited Plan