NYSE$PSA
Public Storage · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Public Storage's Q4 2020 earnings decreased due to foreign currency exchange losses, increase in general and administrative expenses, offset by self-storage net operating income increase.
Public Storage reported a decrease in net income allocable to common shareholders for Q4 2020, from $327.3 million to $292.2 million, primarily due to foreign currency exchange losses and increased general and administrative expenses, despite an increase in self-storage net operating income.
- Net income allocable to common shareholders was $292.2 million, a decrease from $327.3 million in 2019.
- Diluted earnings per share decreased to $1.67 from $1.87 in the same period last year.
- Same Store Facilities revenues increased by 0.8%, driven by improved occupancy.
- Non-Same Store Facilities net operating income increased by $10.2 million due to recent acquisitions and facility expansions.
Headline financials
Revenue & EPS history
Public Storage · Revenue · Quarterly
$699M
Revenue by segment
Public Storage · $49.6M total across 1 segment · Q4 2020
- Ancillary Operations$49.6M+22.5%100.0%
Forward guidance
The outlook is favorable as Public Storage enters 2021, transforming the customer experience through innovation amidst strong consumer demand and executing on a robust external growth environment.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
-0.5%
Avg return
Earnings day
-0.7%
Avg return
5 days after
+0.6%
Avg return
30 days after
45%
33 / 73 earnings
Positive
+5.4%
Q4 2015
Best reaction
-8.6%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.2% | -1.3% | +1.0% | |
| Q4 2025 | +2.7% | +2.3% | +1.8% | |
| Q3 2025 | -2.8% | -4.6% | -5.1% | |
| Q2 2025 | -5.8% | -2.4% | +2.1% | |
| Q1 2025 | -0.1% | -0.8% | +2.7% | |
| Q4 2024 | +1.7% | +0.1% | -3.8% | |
| Q3 2024 | -0.7% | +0.4% | +5.1% | |
| Q2 2024 | -2.3% | +3.0% | +12.9% | |
| Q1 2024 | -1.1% | +1.1% | +2.0% | |
| Q4 2023 | +2.5% | +1.2% | +0.1% | |
| Q3 2023 | +0.1% | +6.2% | +8.1% | |
| Q2 2023 | +2.7% | +1.3% | -1.3% | |
| Q1 2023 | +1.2% | +3.7% | +0.6% | |
| Q4 2022 | -2.2% | -1.9% | -5.6% | |
| Q3 2022 | -8.6% | -10.3% | -4.6% | |
| Q2 2022 | +0.9% | +4.4% | +1.4% | |
| Q1 2022 | -1.4% | -6.4% | -7.5% | |
| Q4 2021 | +2.9% | +5.6% | +8.6% | |
| Q3 2021 | +1.7% | -2.8% | -2.0% | |
| Q2 2021 | -1.4% | -2.0% | +6.4% | |
| Q1 2021 | +1.6% | +1.1% | +2.7% | |
| Q4 2020 | +0.4% | -4.3% | +0.9% | |
| Q3 2020 | -2.0% | -5.7% | -4.7% | |
| Q2 2020 | -2.6% | +0.6% | +5.3% | |
| Q1 2020 | -1.3% | -3.9% | +8.6% | |
| Q4 2019 | +0.8% | -7.7% | -17.1% | |
| Q3 2019 | -4.0% | -5.7% | -8.8% | |
| Q2 2019 | +0.0% | +2.8% | +8.0% | |
| Q1 2019 | +2.6% | +2.5% | +7.6% | |
| Q4 2018 | +4.1% | +5.3% | +8.7% | |
| Q3 2018 | -0.3% | -3.3% | +2.8% | |
| Q2 2018 | -3.5% | -0.9% | -2.4% | |
| Q1 2018 | +3.1% | +4.1% | +7.6% | |
| Q4 2017 | +1.1% | +3.7% | +3.7% | |
| Q3 2017 | -2.8% | -0.6% | +1.3% | |
| Q2 2017 | -4.5% | -1.0% | -1.9% | |
| Q1 2017 | -5.6% | -8.1% | -4.1% | |
| Q4 2016 | -0.3% | +0.1% | -2.1% | |
| Q3 2016 | -4.8% | +0.6% | -3.1% | |
| Q2 2016 | -4.7% | -4.6% | -10.6% | |
| Q1 2016 | -4.0% | — | — | |
| Q4 2015 | +5.4% | — | — | |
| Q3 2015 | -1.7% | — | — | |
| Q2 2015 | -0.2% | — | — | |
| Q1 2015 | +0.8% | — | — | |
| Q4 2014 | -1.5% | — | — | |
| Q3 2014 | +2.9% | — | — | |
| Q2 2014 | -1.5% | — | — | |
| Q1 2014 | -2.8% | — | — | |
| Q4 2013 | -0.0% | — | — | |
| Q3 2013 | +0.8% | — | — | |
| Q2 2013 | +0.9% | — | — | |
| Q1 2013 | -0.8% | — | — | |
| Q4 2012 | -0.0% | — | — | |
| Q3 2012 | +1.6% | — | — | |
| Q2 2012 | -1.7% | — | — | |
| Q1 2012 | -3.4% | — | — | |
| Q4 2011 | -1.5% | — | — | |
| Q3 2011 | +1.5% | — | — | |
| Q2 2011 | +2.2% | — | — | |
| Q1 2011 | +0.6% | — | — | |
| Q4 2010 | -2.8% | — | — | |
| Q3 2010 | -3.3% | — | — | |
| Q2 2010 | +1.2% | — | — | |
| Q1 2009 | +5.3% | — | — | |
| Q1 2010 | -0.8% | — | — | |
| Q4 2009 | +3.6% | — | — | |
| Q4 2007 | +3.6% | — | — | |
| Q3 2008 | +3.6% | — | — | |
| Q3 2009 | +3.6% | — | — | |
| Q2 2009 | -6.1% | — | — | |
| Q2 2008 | -6.1% | — | — | |
| Q4 2008 | -6.1% | — | — |
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