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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) 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 $789.6M, roughly 1.5× Atour Lifestyle Holdings Ltd). Public Storage runs the higher net margin — 41.7% vs 17.6%, a 24.1% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs 3.3%).
Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.
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.
ATAT vs PSA — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $789.6M | $1.2B |
| Net Profit | $139.1M | $507.1M |
| Gross Margin | — | — |
| Operating Margin | 22.5% | 40.7% |
| Net Margin | 17.6% | 41.7% |
| Revenue YoY | 252.5% | 3.3% |
| Net Profit YoY | 322.2% | -17.5% |
| EPS (diluted) | $0.33 | $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.
| Q4 25 | — | $1.2B | ||
| Q3 25 | $789.6M | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $224.0M | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | $203.4M | $1.2B |
| Q4 25 | — | $507.1M | ||
| Q3 25 | $139.1M | $511.1M | ||
| Q2 25 | — | $358.4M | ||
| Q1 25 | — | $407.8M | ||
| Q4 24 | — | $614.6M | ||
| Q3 24 | $33.0M | $430.3M | ||
| Q2 24 | — | $518.1M | ||
| Q1 24 | $35.6M | $508.9M |
| Q4 25 | — | 40.7% | ||
| Q3 25 | 22.5% | 42.3% | ||
| Q2 25 | — | 30.4% | ||
| Q1 25 | — | 34.8% | ||
| Q4 24 | — | 52.4% | ||
| Q3 24 | 14.7% | 36.7% | ||
| Q2 24 | — | 44.6% | ||
| Q1 24 | 22.1% | 44.3% |
| Q4 25 | — | 41.7% | ||
| Q3 25 | 17.6% | 41.8% | ||
| Q2 25 | — | 29.8% | ||
| Q1 25 | — | 34.5% | ||
| Q4 24 | — | 52.2% | ||
| Q3 24 | 14.7% | 36.2% | ||
| Q2 24 | — | 44.2% | ||
| Q1 24 | 17.5% | 44.0% |
| Q4 25 | — | $2.59 | ||
| Q3 25 | $0.33 | $2.62 | ||
| Q2 25 | — | $1.76 | ||
| Q1 25 | — | $2.04 | ||
| Q4 24 | — | $3.22 | ||
| Q3 24 | $0.08 | $2.16 | ||
| Q2 24 | — | $2.66 | ||
| Q1 24 | $0.09 | $2.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $669.2M | $318.1M |
| Total DebtLower is stronger | — | $10.3B |
| Stockholders' EquityBook value | $405.0M | $9.2B |
| Total Assets | $1.1B | $20.2B |
| Debt / EquityLower = less leverage | — | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $318.1M | ||
| Q3 25 | $669.2M | $296.5M | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $287.2M | ||
| Q4 24 | — | $447.4M | ||
| Q3 24 | $506.0M | $599.0M | ||
| Q2 24 | — | $542.3M | ||
| Q1 24 | $520.7M | $271.6M |
| 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 | $277.0K | $9.1B |
| Q4 25 | — | $9.2B | ||
| Q3 25 | $405.0M | $9.3B | ||
| Q2 25 | — | $9.4B | ||
| Q1 25 | — | $9.6B | ||
| Q4 24 | — | $9.7B | ||
| Q3 24 | $291.3M | $9.6B | ||
| Q2 24 | — | $9.7B | ||
| Q1 24 | $323.5M | $9.9B |
| Q4 25 | — | $20.2B | ||
| Q3 25 | $1.1B | $20.1B | ||
| Q2 25 | — | $20.5B | ||
| Q1 25 | — | $19.6B | ||
| Q4 24 | — | $19.8B | ||
| Q3 24 | $927.8M | $19.8B | ||
| Q2 24 | — | $19.8B | ||
| Q1 24 | $936.3M | $19.6B |
| 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 | 0.00× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $216.6M | $733.6M |
| Free Cash FlowOCF − Capex | $210.7M | — |
| FCF MarginFCF / Revenue | 26.7% | — |
| Capex IntensityCapex / Revenue | 0.8% | — |
| Cash ConversionOCF / Net Profit | 1.56× | 1.45× |
| TTM Free Cash FlowTrailing 4 quarters | $359.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $733.6M | ||
| Q3 25 | $216.6M | $875.1M | ||
| Q2 25 | — | $872.7M | ||
| Q1 25 | — | $705.1M | ||
| Q4 24 | — | $768.6M | ||
| Q3 24 | $84.8M | $798.8M | ||
| Q2 24 | — | $895.3M | ||
| Q1 24 | $19.8M | $665.6M |
| Q4 25 | — | — | ||
| Q3 25 | $210.7M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $83.3M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $18.1M | — |
| Q4 25 | — | — | ||
| Q3 25 | 26.7% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 37.2% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 8.9% | — |
| Q4 25 | — | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.9% | — |
| Q4 25 | — | 1.45× | ||
| Q3 25 | 1.56× | 1.71× | ||
| Q2 25 | — | 2.43× | ||
| Q1 25 | — | 1.73× | ||
| Q4 24 | — | 1.25× | ||
| Q3 24 | 2.57× | 1.86× | ||
| Q2 24 | — | 1.73× | ||
| Q1 24 | 0.56× | 1.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATAT
Segment breakdown not available.
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
