vs
Side-by-side financial comparison of CARTERS INC (CRI) 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 $757.8M, roughly 1.6× CARTERS INC). Public Storage runs the higher net margin — 41.7% vs 1.5%, a 40.2% gap on every dollar of revenue. On growth, Public Storage posted the faster year-over-year revenue change (3.3% vs -0.1%).
Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.
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.
CRI vs PSA — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $757.8M | $1.2B |
| Net Profit | $11.6M | $507.1M |
| Gross Margin | 45.1% | — |
| Operating Margin | 3.8% | 40.7% |
| Net Margin | 1.5% | 41.7% |
| Revenue YoY | -0.1% | 3.3% |
| Net Profit YoY | -80.1% | -17.5% |
| EPS (diluted) | $0.32 | $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 | $757.8M | $1.2B | ||
| Q2 25 | $585.3M | $1.2B | ||
| Q1 25 | $629.8M | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | — | $507.1M | ||
| Q3 25 | $11.6M | $511.1M | ||
| Q2 25 | $446.0K | $358.4M | ||
| Q1 25 | $15.5M | $407.8M | ||
| Q4 24 | — | $614.6M | ||
| Q3 24 | — | $430.3M | ||
| Q2 24 | — | $518.1M | ||
| Q1 24 | — | $508.9M |
| Q4 25 | — | — | ||
| Q3 25 | 45.1% | — | ||
| Q2 25 | 48.1% | — | ||
| Q1 25 | 46.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 40.7% | ||
| Q3 25 | 3.8% | 42.3% | ||
| Q2 25 | 0.7% | 30.4% | ||
| Q1 25 | 4.1% | 34.8% | ||
| Q4 24 | — | 52.4% | ||
| Q3 24 | — | 36.7% | ||
| Q2 24 | — | 44.6% | ||
| Q1 24 | — | 44.3% |
| Q4 25 | — | 41.7% | ||
| Q3 25 | 1.5% | 41.8% | ||
| Q2 25 | 0.1% | 29.8% | ||
| Q1 25 | 2.5% | 34.5% | ||
| Q4 24 | — | 52.2% | ||
| Q3 24 | — | 36.2% | ||
| Q2 24 | — | 44.2% | ||
| Q1 24 | — | 44.0% |
| Q4 25 | — | $2.59 | ||
| Q3 25 | $0.32 | $2.62 | ||
| Q2 25 | $0.01 | $1.76 | ||
| Q1 25 | $0.43 | $2.04 | ||
| Q4 24 | — | $3.22 | ||
| Q3 24 | — | $2.16 | ||
| Q2 24 | — | $2.66 | ||
| Q1 24 | — | $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 | $184.2M | $318.1M |
| Total DebtLower is stronger | — | $10.3B |
| Stockholders' EquityBook value | $864.6M | $9.2B |
| Total Assets | $2.5B | $20.2B |
| Debt / EquityLower = less leverage | — | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $318.1M | ||
| Q3 25 | $184.2M | $296.5M | ||
| Q2 25 | $338.2M | $1.1B | ||
| Q1 25 | $320.8M | $287.2M | ||
| Q4 24 | — | $447.4M | ||
| Q3 24 | — | $599.0M | ||
| Q2 24 | — | $542.3M | ||
| Q1 24 | — | $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 | — | $9.1B |
| Q4 25 | — | $9.2B | ||
| Q3 25 | $864.6M | $9.3B | ||
| Q2 25 | $853.9M | $9.4B | ||
| Q1 25 | $847.2M | $9.6B | ||
| Q4 24 | — | $9.7B | ||
| Q3 24 | — | $9.6B | ||
| Q2 24 | — | $9.7B | ||
| Q1 24 | — | $9.9B |
| Q4 25 | — | $20.2B | ||
| Q3 25 | $2.5B | $20.1B | ||
| Q2 25 | $2.5B | $20.5B | ||
| Q1 25 | $2.3B | $19.6B | ||
| Q4 24 | — | $19.8B | ||
| Q3 24 | — | $19.8B | ||
| Q2 24 | — | $19.8B | ||
| Q1 24 | — | $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 | — | 0.91× |
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 | $-128.0M | $733.6M |
| Free Cash FlowOCF − Capex | $-144.1M | — |
| FCF MarginFCF / Revenue | -19.0% | — |
| Capex IntensityCapex / Revenue | 2.1% | — |
| Cash ConversionOCF / Net Profit | -11.04× | 1.45× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $733.6M | ||
| Q3 25 | $-128.0M | $875.1M | ||
| Q2 25 | $40.3M | $872.7M | ||
| Q1 25 | $-48.6M | $705.1M | ||
| Q4 24 | — | $768.6M | ||
| Q3 24 | — | $798.8M | ||
| Q2 24 | — | $895.3M | ||
| Q1 24 | — | $665.6M |
| Q4 25 | — | — | ||
| Q3 25 | $-144.1M | — | ||
| Q2 25 | $24.1M | — | ||
| Q1 25 | $-59.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | -19.0% | — | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | -9.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 1.45× | ||
| Q3 25 | -11.04× | 1.71× | ||
| Q2 25 | 90.37× | 2.43× | ||
| Q1 25 | -3.13× | 1.73× | ||
| Q4 24 | — | 1.25× | ||
| Q3 24 | — | 1.86× | ||
| Q2 24 | — | 1.73× | ||
| Q1 24 | — | 1.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRI
| Sales Channel Directly To Consumer | $362.3M | 48% |
| Sales Channel Through Intermediary | $283.8M | 37% |
| Other | $110.4M | 15% |
| Gift Cards | $1.3M | 0% |
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
