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Public Storage (Public Storage) Pre-Tax Income : $2,170.94 Mil (TTM As of Dec. 2023)


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What is Public Storage Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Public Storage's pretax income for the three months ended in Dec. 2023 was $452.72 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $2,170.94 Mil. Public Storage's pretax margin was 39.03%.

During the past 13 years, Public Storage's highest Pretax Margin was 104.74%. The lowest was 46.70%. And the median was 54.81%.


Public Storage Pre-Tax Income Historical Data

The historical data trend for Public Storage's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Public Storage Pre-Tax Income Chart

Public Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,525.65 1,361.23 1,972.00 4,380.60 2,170.94

Public Storage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 429.26 520.42 581.17 616.64 452.72

Competitive Comparison of Public Storage's Pre-Tax Income

For the REIT - Industrial subindustry, Public Storage's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Public Storage's Pre-Tax Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Public Storage's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Public Storage's Pre-Tax Income falls into.



Public Storage Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Public Storage's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=2319.056+-11.802+-201.132+64.819+0
=2,170.94

Public Storage's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=580.483+-70.363+-68.602+11.2+5.6843418860808E-14
=452.72

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,170.94 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Public Storage  (NYSE:PSApZCL.PFD) Pre-Tax Income Explanation

Public Storage's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=452.718/1159.868
=39.03%

During the past 13 years, Public Storage's highest Pretax Margin was 104.74%. The lowest was 46.70%. And the median was 54.81%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Public Storage Pre-Tax Income Related Terms

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Public Storage (Public Storage) Business Description

Address
701 Western Avenue, Glendale, CA, USA, 91201-2349
Public Storage is the largest owner of self-storage facilities in the U.S. with more than 2,880 self-storage facilities in 40 states and approximately 200 million square feet of rentable space. Through equity interests, it also has exposure to the European self-storage market through Shurgard Self Storage. The company also has a merchandise business, a third-party property management business, and an insurance business that offers products to cover losses for the goods in self-storage facilities.

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