Public Storage
1.6 %
11.02 %
Yet to be announced
Company Overview
Public Storage is a member of the S&P 500 and FT Global 500. At September 30, 2020, we had interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States. Our headquarters are located in Glendale, California.
Revenue Sources
PassBased on the company's financial statements and business model, Public Storage's primary revenue comes from self-storage facility rentals, which is a halal business activity. The company does not derive significant revenue from prohibited activities such as alcohol, gambling, or other haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $1.18b | $719.18m | - | $72.01m | 0.00% | 10.01% |
| Dec. 31, 2024 | $1.18b | $702.7m | - | $72.14m | 0.00% | 10.27% |
| Sept. 30, 2024 | $1.19b | $705.03m | - | $74.25m | 0.00% | 10.53% |
| June 30, 2024 | $1.17b | $687.11m | - | $73.24m | 0.00% | 10.66% |
Looking at the last four quarters of financial data, interest expense represents a significant portion of total expenses. The company's interest expense to total expense ratio consistently exceeds the 5% threshold across all quarters analyzed. This indicates that interest plays a material role in the company's operations.
Operational Ethics
PassBased on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the United States and Europe.
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