Public Income Tax Expense from 2010 to 2024

PSA Stock  USD 344.07  3.98  1.14%   
Public Storage's Income Tax Expense is increasing over the years with slightly volatile fluctuation. Income Tax Expense is expected to dwindle to about 10.3 M. From 2010 to 2024 Public Storage Income Tax Expense quarterly data regression line had arithmetic mean of  221,113,197 and significance of  0.25. View All Fundamentals
 
Income Tax Expense  
First Reported
1985-09-30
Previous Quarter
2.1 M
Current Value
2.5 M
Quarterly Volatility
209 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Public Storage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Public Storage's main balance sheet or income statement drivers, such as Interest Expense of 211.2 M, Selling General Administrative of 43.7 M or Total Revenue of 4.7 B, as well as many indicators such as Price To Sales Ratio of 6.51, Dividend Yield of 0.0714 or PTB Ratio of 5.61. Public financial statements analysis is a perfect complement when working with Public Storage Valuation or Volatility modules.
  
Check out the analysis of Public Storage Correlation against competitors.
For information on how to trade Public Stock refer to our How to Trade Public Stock guide.

Latest Public Storage's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Public Storage over the last few years. It is Public Storage's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Public Storage's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Public Income Tax Expense Regression Statistics

Arithmetic Mean221,113,197
Coefficient Of Variation251.87
Mean Deviation280,919,548
Median67,829,000
Standard Deviation556,928,582
Sample Variance310169.4T
Range2.2B
R-Value0.32
Mean Square Error300490.8T
R-Squared0.10
Significance0.25
Slope39,460,259
Total Sum of Squares4342372.2T

Public Income Tax Expense History

202410.3 M
202310.8 M
20222.2 B
202112.4 M
2020140.8 M
2019120.3 M
2018337.6 M

About Public Storage Financial Statements

Public Storage stakeholders use historical fundamental indicators, such as Public Storage's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Public Storage investors may analyze each financial statement separately, they are all interrelated. For example, changes in Public Storage's assets and liabilities are reflected in the revenues and expenses on Public Storage's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Public Storage. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense10.8 M10.3 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Public Storage offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Public Storage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Public Storage Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Public Storage Stock:
Check out the analysis of Public Storage Correlation against competitors.
For information on how to trade Public Stock refer to our How to Trade Public Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Self-Storage REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Public Storage. If investors know Public will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Public Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
12
Earnings Share
9.63
Revenue Per Share
26.783
Quarterly Revenue Growth
0.034
The market value of Public Storage is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Storage's value that differs from its market value or its book value, called intrinsic value, which is Public Storage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Public Storage's market value can be influenced by many factors that don't directly affect Public Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Public Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Storage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.