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Public Storage (LTS:0KS3) Net Margin % : 36.23% (As of Sep. 2024)


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What is Public Storage Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Public Storage's Net Income for the three months ended in Sep. 2024 was $430 Mil. Public Storage's Revenue for the three months ended in Sep. 2024 was $1,188 Mil. Therefore, Public Storage's net margin for the quarter that ended in Sep. 2024 was 36.23%.

The historical rank and industry rank for Public Storage's Net Margin % or its related term are showing as below:

LTS:0KS3' s Net Margin % Range Over the Past 10 Years
Min: 40.55   Med: 54.56   Max: 103.99
Current: 40.55


LTS:0KS3's Net Margin % is ranked better than
53.71% of 916 companies
in the REITs industry
Industry Median: 36.24 vs LTS:0KS3: 40.55

Public Storage Net Margin % Historical Data

The historical data trend for Public Storage's Net Margin % 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 Net Margin % Chart

Public Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.26 46.56 57.18 103.99 47.55

Public Storage Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 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 53.62 37.87 43.98 44.16 36.23

Competitive Comparison of Public Storage's Net Margin %

For the REIT - Industrial subindustry, Public Storage's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Public Storage's Net Margin % distribution charts can be found below:

* The bar in red indicates where Public Storage's Net Margin % falls into.



Public Storage Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2148.327/4517.69
=47.55 %

Public Storage's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=430.329/1187.758
=36.23 %

* 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  (LTS:0KS3) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Public Storage Net Margin % Related Terms

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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 us with more than 3,000 self-storage facilities in 40 states and approximately 219 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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