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Side-by-side financial comparison of Amer Sports, Inc. (AS) and Public Storage (PSA). Click either name above to swap in a different company.

Public Storage is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.2× Amer Sports, Inc.). Public Storage runs the higher net margin — 41.7% vs 1.8%, a 39.9% gap on every dollar of revenue.

Amer Sports, Inc. is a Finnish multinational sporting equipment division based in Helsinki, Finland. Established in 1950 as an industrial conglomerate with interests as diverse as tobacco trading, ship owning and publishing, Amer has gradually evolved into a multinational firm devoted to the production and marketing of sporting goods. The company employs over 9,700 people. Since 2018, Amer has been a subsidiary of Chinese retail conglomerate Anta Sports.

Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space.

AS vs PSA — Head-to-Head

Bigger by revenue
PSA
PSA
1.2× larger
PSA
$1.2B
$1.1B
AS
Higher net margin
PSA
PSA
39.9% more per $
PSA
41.7%
1.8%
AS

Income Statement — Q1 FY2024 vs Q4 FY2025

Metric
AS
AS
PSA
PSA
Revenue
$1.1B
$1.2B
Net Profit
$19.0M
$507.1M
Gross Margin
52.8%
Operating Margin
12.4%
40.7%
Net Margin
1.8%
41.7%
Revenue YoY
3.3%
Net Profit YoY
-17.5%
EPS (diluted)
$0.05
$2.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AS
AS
PSA
PSA
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.1B
$1.2B
Net Profit
AS
AS
PSA
PSA
Q4 25
$507.1M
Q3 25
$511.1M
Q2 25
$358.4M
Q1 25
$407.8M
Q4 24
$614.6M
Q3 24
$430.3M
Q2 24
$518.1M
Q1 24
$19.0M
$508.9M
Gross Margin
AS
AS
PSA
PSA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
52.8%
Operating Margin
AS
AS
PSA
PSA
Q4 25
40.7%
Q3 25
42.3%
Q2 25
30.4%
Q1 25
34.8%
Q4 24
52.4%
Q3 24
36.7%
Q2 24
44.6%
Q1 24
12.4%
44.3%
Net Margin
AS
AS
PSA
PSA
Q4 25
41.7%
Q3 25
41.8%
Q2 25
29.8%
Q1 25
34.5%
Q4 24
52.2%
Q3 24
36.2%
Q2 24
44.2%
Q1 24
1.8%
44.0%
EPS (diluted)
AS
AS
PSA
PSA
Q4 25
$2.59
Q3 25
$2.62
Q2 25
$1.76
Q1 25
$2.04
Q4 24
$3.22
Q3 24
$2.16
Q2 24
$2.66
Q1 24
$0.05
$2.60

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AS
AS
PSA
PSA
Cash + ST InvestmentsLiquidity on hand
$318.1M
Total DebtLower is stronger
$10.3B
Stockholders' EquityBook value
$9.2B
Total Assets
$20.2B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AS
AS
PSA
PSA
Q4 25
$318.1M
Q3 25
$296.5M
Q2 25
$1.1B
Q1 25
$287.2M
Q4 24
$447.4M
Q3 24
$599.0M
Q2 24
$542.3M
Q1 24
$271.6M
Total Debt
AS
AS
PSA
PSA
Q4 25
$10.3B
Q3 25
$10.0B
Q2 25
$10.4B
Q1 25
$9.4B
Q4 24
$9.4B
Q3 24
$9.5B
Q2 24
$9.4B
Q1 24
$9.1B
Stockholders' Equity
AS
AS
PSA
PSA
Q4 25
$9.2B
Q3 25
$9.3B
Q2 25
$9.4B
Q1 25
$9.6B
Q4 24
$9.7B
Q3 24
$9.6B
Q2 24
$9.7B
Q1 24
$9.9B
Total Assets
AS
AS
PSA
PSA
Q4 25
$20.2B
Q3 25
$20.1B
Q2 25
$20.5B
Q1 25
$19.6B
Q4 24
$19.8B
Q3 24
$19.8B
Q2 24
$19.8B
Q1 24
$19.6B
Debt / Equity
AS
AS
PSA
PSA
Q4 25
1.11×
Q3 25
1.08×
Q2 25
1.11×
Q1 25
0.99×
Q4 24
0.96×
Q3 24
0.99×
Q2 24
0.97×
Q1 24
0.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AS
AS
PSA
PSA
Operating Cash FlowLast quarter
$114.3M
$733.6M
Free Cash FlowOCF − Capex
$92.2M
FCF MarginFCF / Revenue
8.8%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
6.02×
1.45×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AS
AS
PSA
PSA
Q4 25
$733.6M
Q3 25
$875.1M
Q2 25
$872.7M
Q1 25
$705.1M
Q4 24
$768.6M
Q3 24
$798.8M
Q2 24
$895.3M
Q1 24
$114.3M
$665.6M
Free Cash Flow
AS
AS
PSA
PSA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$92.2M
FCF Margin
AS
AS
PSA
PSA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
8.8%
Capex Intensity
AS
AS
PSA
PSA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
2.1%
Cash Conversion
AS
AS
PSA
PSA
Q4 25
1.45×
Q3 25
1.71×
Q2 25
2.43×
Q1 25
1.73×
Q4 24
1.25×
Q3 24
1.86×
Q2 24
1.73×
Q1 24
6.02×
1.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AS
AS

Americas2$409.6M39%
EMEA1$356.9M34%
Greater China3$205.6M20%
Asia Pacific4$78.2M7%

PSA
PSA

Self Storage Operations$1.1B93%
Ancillary Operations$86.9M7%

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