vs
Side-by-side financial comparison of Public Storage (PSA) and PRICESMART INC (PSMT). Click either name above to swap in a different company.
PRICESMART INC is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.1× Public Storage). Public Storage runs the higher net margin — 41.7% vs 2.9%, a 38.8% gap on every dollar of revenue. On growth, PRICESMART INC posted the faster year-over-year revenue change (9.9% vs 3.3%). Over the past eight quarters, PRICESMART INC's revenue compounded faster (3.5% CAGR vs 2.5%).
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.
PRICESMART INCPSMTEarnings & Financial Report
PriceSmart, Inc. is a United States based operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of Price Club; Robert Price is chairman of the board.
PSA vs PSMT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.4B |
| Net Profit | $507.1M | $40.2M |
| Gross Margin | — | 17.7% |
| Operating Margin | 40.7% | 4.6% |
| Net Margin | 41.7% | 2.9% |
| Revenue YoY | 3.3% | 9.9% |
| Net Profit YoY | -17.5% | 7.3% |
| EPS (diluted) | $2.59 | $1.29 |
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 | $1.4B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.2B | $1.3B |
| Q4 25 | $507.1M | $40.2M | ||
| Q3 25 | $511.1M | $31.5M | ||
| Q2 25 | $358.4M | $35.2M | ||
| Q1 25 | $407.8M | $43.8M | ||
| Q4 24 | $614.6M | $37.4M | ||
| Q3 24 | $430.3M | $29.1M | ||
| Q2 24 | $518.1M | $32.5M | ||
| Q1 24 | $508.9M | $39.3M |
| Q4 25 | — | 17.7% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 17.1% | ||
| Q4 24 | — | 17.4% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 40.7% | 4.6% | ||
| Q3 25 | 42.3% | 4.0% | ||
| Q2 25 | 30.4% | 4.3% | ||
| Q1 25 | 34.8% | 4.8% | ||
| Q4 24 | 52.4% | 4.6% | ||
| Q3 24 | 36.7% | 4.0% | ||
| Q2 24 | 44.6% | 4.1% | ||
| Q1 24 | 44.3% | 4.9% |
| Q4 25 | 41.7% | 2.9% | ||
| Q3 25 | 41.8% | 2.4% | ||
| Q2 25 | 29.8% | 2.7% | ||
| Q1 25 | 34.5% | 3.2% | ||
| Q4 24 | 52.2% | 3.0% | ||
| Q3 24 | 36.2% | 2.4% | ||
| Q2 24 | 44.2% | 2.6% | ||
| Q1 24 | 44.0% | 3.0% |
| Q4 25 | $2.59 | $1.29 | ||
| Q3 25 | $2.62 | $1.02 | ||
| Q2 25 | $1.76 | $1.14 | ||
| Q1 25 | $2.04 | $1.45 | ||
| Q4 24 | $3.22 | $1.21 | ||
| Q3 24 | $2.16 | $0.94 | ||
| Q2 24 | $2.66 | $1.08 | ||
| Q1 24 | $2.60 | $1.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $318.1M | $320.6M |
| Total DebtLower is stronger | $10.3B | $180.3M |
| Stockholders' EquityBook value | $9.2B | $1.3B |
| Total Assets | $20.2B | $2.4B |
| Debt / EquityLower = less leverage | 1.11× | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $318.1M | $320.6M | ||
| Q3 25 | $296.5M | $314.2M | ||
| Q2 25 | $1.1B | $262.4M | ||
| Q1 25 | $287.2M | $247.3M | ||
| Q4 24 | $447.4M | $222.2M | ||
| Q3 24 | $599.0M | $225.5M | ||
| Q2 24 | $542.3M | $228.2M | ||
| Q1 24 | $271.6M | $264.2M |
| Q4 25 | $10.3B | $180.3M | ||
| Q3 25 | $10.0B | $186.6M | ||
| Q2 25 | $10.4B | $103.1M | ||
| Q1 25 | $9.4B | $107.1M | ||
| Q4 24 | $9.4B | $115.6M | ||
| Q3 24 | $9.5B | $130.4M | ||
| Q2 24 | $9.4B | $135.1M | ||
| Q1 24 | $9.1B | $140.0M |
| Q4 25 | $9.2B | $1.3B | ||
| Q3 25 | $9.3B | $1.2B | ||
| Q2 25 | $9.4B | $1.2B | ||
| Q1 25 | $9.6B | $1.2B | ||
| Q4 24 | $9.7B | $1.2B | ||
| Q3 24 | $9.6B | $1.1B | ||
| Q2 24 | $9.7B | $1.1B | ||
| Q1 24 | $9.9B | $1.1B |
| Q4 25 | $20.2B | $2.4B | ||
| Q3 25 | $20.1B | $2.3B | ||
| Q2 25 | $20.5B | $2.1B | ||
| Q1 25 | $19.6B | $2.1B | ||
| Q4 24 | $19.8B | $2.1B | ||
| Q3 24 | $19.8B | $2.0B | ||
| Q2 24 | $19.8B | $2.0B | ||
| Q1 24 | $19.6B | $2.0B |
| Q4 25 | 1.11× | 0.14× | ||
| Q3 25 | 1.08× | 0.15× | ||
| Q2 25 | 1.11× | 0.08× | ||
| Q1 25 | 0.99× | 0.09× | ||
| Q4 24 | 0.96× | 0.10× | ||
| Q3 24 | 0.99× | 0.12× | ||
| Q2 24 | 0.97× | 0.12× | ||
| Q1 24 | 0.91× | 0.13× |
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 | $733.6M | $71.2M |
| Free Cash FlowOCF − Capex | — | $32.6M |
| FCF MarginFCF / Revenue | — | 2.4% |
| Capex IntensityCapex / Revenue | — | 2.8% |
| Cash ConversionOCF / Net Profit | 1.45× | 1.77× |
| TTM Free Cash FlowTrailing 4 quarters | — | $125.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $733.6M | $71.2M | ||
| Q3 25 | $875.1M | $82.1M | ||
| Q2 25 | $872.7M | $52.8M | ||
| Q1 25 | $705.1M | $87.9M | ||
| Q4 24 | $768.6M | $38.5M | ||
| Q3 24 | $798.8M | $41.8M | ||
| Q2 24 | $895.3M | $38.1M | ||
| Q1 24 | $665.6M | $86.6M |
| Q4 25 | — | $32.6M | ||
| Q3 25 | — | $25.6M | ||
| Q2 25 | — | $14.0M | ||
| Q1 25 | — | $53.2M | ||
| Q4 24 | — | $10.3M | ||
| Q3 24 | — | $15.2M | ||
| Q2 24 | — | $-308.0K | ||
| Q1 24 | — | $16.4M |
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 1.9% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 3.9% | ||
| Q4 24 | — | 0.8% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | -0.0% | ||
| Q1 24 | — | 1.3% |
| Q4 25 | — | 2.8% | ||
| Q3 25 | — | 4.2% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 2.2% | ||
| Q2 24 | — | 3.1% | ||
| Q1 24 | — | 5.4% |
| Q4 25 | 1.45× | 1.77× | ||
| Q3 25 | 1.71× | 2.60× | ||
| Q2 25 | 2.43× | 1.50× | ||
| Q1 25 | 1.73× | 2.01× | ||
| Q4 24 | 1.25× | 1.03× | ||
| Q3 24 | 1.86× | 1.44× | ||
| Q2 24 | 1.73× | 1.17× | ||
| Q1 24 | 1.31× | 2.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
PSMT
| Fresh Foods | $454.9M | 33% |
| Caribbean Operations Segment | $396.5M | 29% |
| Colombia Operations Segment | $204.1M | 15% |
| Hardlines | $162.6M | 12% |
| Softlines | $99.8M | 7% |
| ship Income Member | $24.5M | 2% |
| Health Services | $14.5M | 1% |
| Other Revenue And Income | $4.2M | 0% |
| United States Operations Segment | $510.0K | 0% |
| Export Sales | $359.0K | 0% |
