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Side-by-side financial comparison of Floor & Decor Holdings, Inc. (FND) 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 1.1× Floor & Decor Holdings, Inc.). Public Storage runs the higher net margin — 41.7% vs 3.5%, a 38.2% gap on every dollar of revenue. On growth, Public Storage posted the faster year-over-year revenue change (3.3% vs 2.0%). Over the past eight quarters, Public Storage's revenue compounded faster (2.5% CAGR vs 1.5%).

Floor & Decor Holdings, Inc., branded as Floor & Decor, is a multi-channel American specialty retailer of hard surface flooring and related accessories that was founded in 2000 and headquartered in Smyrna, Georgia, United States.

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.

FND vs PSA — Head-to-Head

Bigger by revenue
PSA
PSA
1.1× larger
PSA
$1.2B
$1.1B
FND
Growing faster (revenue YoY)
PSA
PSA
+1.2% gap
PSA
3.3%
2.0%
FND
Higher net margin
PSA
PSA
38.2% more per $
PSA
41.7%
3.5%
FND
Faster 2-yr revenue CAGR
PSA
PSA
Annualised
PSA
2.5%
1.5%
FND

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FND
FND
PSA
PSA
Revenue
$1.1B
$1.2B
Net Profit
$39.3M
$507.1M
Gross Margin
43.5%
Operating Margin
4.6%
40.7%
Net Margin
3.5%
41.7%
Revenue YoY
2.0%
3.3%
Net Profit YoY
-17.2%
-17.5%
EPS (diluted)
$0.36
$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
FND
FND
PSA
PSA
Q4 25
$1.1B
$1.2B
Q3 25
$1.2B
$1.2B
Q2 25
$1.2B
$1.2B
Q1 25
$1.2B
$1.2B
Q4 24
$1.1B
$1.2B
Q3 24
$1.1B
$1.2B
Q2 24
$1.1B
$1.2B
Q1 24
$1.1B
$1.2B
Net Profit
FND
FND
PSA
PSA
Q4 25
$39.3M
$507.1M
Q3 25
$57.3M
$511.1M
Q2 25
$63.2M
$358.4M
Q1 25
$48.9M
$407.8M
Q4 24
$47.5M
$614.6M
Q3 24
$51.7M
$430.3M
Q2 24
$56.7M
$518.1M
Q1 24
$50.0M
$508.9M
Gross Margin
FND
FND
PSA
PSA
Q4 25
43.5%
Q3 25
43.4%
Q2 25
43.9%
Q1 25
43.8%
Q4 24
43.5%
Q3 24
43.5%
Q2 24
43.3%
Q1 24
42.8%
Operating Margin
FND
FND
PSA
PSA
Q4 25
4.6%
40.7%
Q3 25
6.1%
42.3%
Q2 25
6.7%
30.4%
Q1 25
5.5%
34.8%
Q4 24
5.3%
52.4%
Q3 24
5.9%
36.7%
Q2 24
6.3%
44.6%
Q1 24
5.4%
44.3%
Net Margin
FND
FND
PSA
PSA
Q4 25
3.5%
41.7%
Q3 25
4.9%
41.8%
Q2 25
5.2%
29.8%
Q1 25
4.2%
34.5%
Q4 24
4.3%
52.2%
Q3 24
4.6%
36.2%
Q2 24
5.0%
44.2%
Q1 24
4.6%
44.0%
EPS (diluted)
FND
FND
PSA
PSA
Q4 25
$0.36
$2.59
Q3 25
$0.53
$2.62
Q2 25
$0.58
$1.76
Q1 25
$0.45
$2.04
Q4 24
$0.44
$3.22
Q3 24
$0.48
$2.16
Q2 24
$0.52
$2.66
Q1 24
$0.46
$2.60

Balance Sheet & Financial Strength

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

Metric
FND
FND
PSA
PSA
Cash + ST InvestmentsLiquidity on hand
$318.1M
Total DebtLower is stronger
$10.3B
Stockholders' EquityBook value
$2.4B
$9.2B
Total Assets
$5.5B
$20.2B
Debt / EquityLower = less leverage
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FND
FND
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
FND
FND
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
FND
FND
PSA
PSA
Q4 25
$2.4B
$9.2B
Q3 25
$2.4B
$9.3B
Q2 25
$2.3B
$9.4B
Q1 25
$2.2B
$9.6B
Q4 24
$2.2B
$9.7B
Q3 24
$2.1B
$9.6B
Q2 24
$2.0B
$9.7B
Q1 24
$2.0B
$9.9B
Total Assets
FND
FND
PSA
PSA
Q4 25
$5.5B
$20.2B
Q3 25
$5.5B
$20.1B
Q2 25
$5.4B
$20.5B
Q1 25
$5.4B
$19.6B
Q4 24
$5.1B
$19.8B
Q3 24
$4.9B
$19.8B
Q2 24
$4.8B
$19.8B
Q1 24
$4.7B
$19.6B
Debt / Equity
FND
FND
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
FND
FND
PSA
PSA
Operating Cash FlowLast quarter
$124.1M
$733.6M
Free Cash FlowOCF − Capex
$45.1M
FCF MarginFCF / Revenue
4.0%
Capex IntensityCapex / Revenue
7.0%
Cash ConversionOCF / Net Profit
3.15×
1.45×
TTM Free Cash FlowTrailing 4 quarters
$64.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FND
FND
PSA
PSA
Q4 25
$124.1M
$733.6M
Q3 25
$102.5M
$875.1M
Q2 25
$84.1M
$872.7M
Q1 25
$71.2M
$705.1M
Q4 24
$101.4M
$768.6M
Q3 24
$160.3M
$798.8M
Q2 24
$194.0M
$895.3M
Q1 24
$147.5M
$665.6M
Free Cash Flow
FND
FND
PSA
PSA
Q4 25
$45.1M
Q3 25
$24.5M
Q2 25
$-10.0M
Q1 25
$4.4M
Q4 24
$3.9M
Q3 24
$36.5M
Q2 24
$80.0M
Q1 24
$35.8M
FCF Margin
FND
FND
PSA
PSA
Q4 25
4.0%
Q3 25
2.1%
Q2 25
-0.8%
Q1 25
0.4%
Q4 24
0.4%
Q3 24
3.3%
Q2 24
7.1%
Q1 24
3.3%
Capex Intensity
FND
FND
PSA
PSA
Q4 25
7.0%
Q3 25
6.6%
Q2 25
7.8%
Q1 25
5.7%
Q4 24
8.8%
Q3 24
11.1%
Q2 24
10.1%
Q1 24
10.2%
Cash Conversion
FND
FND
PSA
PSA
Q4 25
3.15×
1.45×
Q3 25
1.79×
1.71×
Q2 25
1.33×
2.43×
Q1 25
1.46×
1.73×
Q4 24
2.14×
1.25×
Q3 24
3.10×
1.86×
Q2 24
3.42×
1.73×
Q1 24
2.95×
1.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FND
FND

Laminate And Vinyl$310.1M27%
Tile$259.1M23%
Installation Materials And Tools$218.4M19%
Decorative Accessories And Wall Tile$177.0M16%
Wood$83.2M7%
Natural Stone$46.8M4%
Adjacent Categories$26.6M2%
Other$8.5M1%

PSA
PSA

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

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