vs
Side-by-side financial comparison of Public Storage (PSA) and SCANSOURCE, INC. (SCSC). Click either name above to swap in a different company.
Public Storage is the larger business by last-quarter revenue ($1.2B vs $766.5M, roughly 1.6× SCANSOURCE, INC.). Public Storage runs the higher net margin — 41.7% vs 2.2%, a 39.6% gap on every dollar of revenue. On growth, Public Storage posted the faster year-over-year revenue change (3.3% vs 2.5%). Over the past eight quarters, Public Storage's revenue compounded faster (2.5% CAGR vs 0.9%).
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.
ScanSource, Inc. is a leading global specialty technology distributor offering a broad portfolio of solutions including point-of-sale systems, barcode scanning tools, cybersecurity products, cloud services and communication solutions. It primarily serves value-added resellers, managed service providers and enterprise clients across North America, Latin America and Europe, covering retail, healthcare, industrial and public sector core segments.
PSA vs SCSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $766.5M |
| Net Profit | $507.1M | $16.5M |
| Gross Margin | — | 13.4% |
| Operating Margin | 40.7% | 2.3% |
| Net Margin | 41.7% | 2.2% |
| Revenue YoY | 3.3% | 2.5% |
| Net Profit YoY | -17.5% | -3.3% |
| EPS (diluted) | $2.59 | $0.75 |
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 | $766.5M | ||
| Q3 25 | $1.2B | $739.6M | ||
| Q2 25 | $1.2B | $812.9M | ||
| Q1 25 | $1.2B | $704.8M | ||
| Q4 24 | $1.2B | $747.5M | ||
| Q3 24 | $1.2B | $775.6M | ||
| Q2 24 | $1.2B | $746.1M | ||
| Q1 24 | $1.2B | $752.6M |
| Q4 25 | $507.1M | $16.5M | ||
| Q3 25 | $511.1M | $19.9M | ||
| Q2 25 | $358.4M | $20.1M | ||
| Q1 25 | $407.8M | $17.4M | ||
| Q4 24 | $614.6M | $17.1M | ||
| Q3 24 | $430.3M | $17.0M | ||
| Q2 24 | $518.1M | $16.1M | ||
| Q1 24 | $508.9M | $12.8M |
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 13.0% | ||
| Q1 24 | — | 12.6% |
| Q4 25 | 40.7% | 2.3% | ||
| Q3 25 | 42.3% | 3.5% | ||
| Q2 25 | 30.4% | 3.3% | ||
| Q1 25 | 34.8% | 3.2% | ||
| Q4 24 | 52.4% | 2.5% | ||
| Q3 24 | 36.7% | 2.3% | ||
| Q2 24 | 44.6% | 2.9% | ||
| Q1 24 | 44.3% | 2.3% |
| Q4 25 | 41.7% | 2.2% | ||
| Q3 25 | 41.8% | 2.7% | ||
| Q2 25 | 29.8% | 2.5% | ||
| Q1 25 | 34.5% | 2.5% | ||
| Q4 24 | 52.2% | 2.3% | ||
| Q3 24 | 36.2% | 2.2% | ||
| Q2 24 | 44.2% | 2.2% | ||
| Q1 24 | 44.0% | 1.7% |
| Q4 25 | $2.59 | $0.75 | ||
| Q3 25 | $2.62 | $0.89 | ||
| Q2 25 | $1.76 | $0.87 | ||
| Q1 25 | $2.04 | $0.74 | ||
| Q4 24 | $3.22 | $0.70 | ||
| Q3 24 | $2.16 | $0.69 | ||
| Q2 24 | $2.66 | $0.66 | ||
| Q1 24 | $2.60 | $0.50 |
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 | $83.5M |
| Total DebtLower is stronger | $10.3B | — |
| Stockholders' EquityBook value | $9.2B | $910.9M |
| Total Assets | $20.2B | $1.7B |
| Debt / EquityLower = less leverage | 1.11× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $318.1M | $83.5M | ||
| Q3 25 | $296.5M | $124.9M | ||
| Q2 25 | $1.1B | $126.2M | ||
| Q1 25 | $287.2M | $146.3M | ||
| Q4 24 | $447.4M | $110.5M | ||
| Q3 24 | $599.0M | $145.0M | ||
| Q2 24 | $542.3M | $185.5M | ||
| Q1 24 | $271.6M | $159.1M |
| 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 | $910.9M | ||
| Q3 25 | $9.3B | $914.0M | ||
| Q2 25 | $9.4B | $906.4M | ||
| Q1 25 | $9.6B | $901.7M | ||
| Q4 24 | $9.7B | $900.7M | ||
| Q3 24 | $9.6B | $920.9M | ||
| Q2 24 | $9.7B | $924.3M | ||
| Q1 24 | $9.9B | $944.1M |
| Q4 25 | $20.2B | $1.7B | ||
| Q3 25 | $20.1B | $1.7B | ||
| Q2 25 | $20.5B | $1.8B | ||
| Q1 25 | $19.6B | $1.7B | ||
| Q4 24 | $19.8B | $1.7B | ||
| Q3 24 | $19.8B | $1.8B | ||
| Q2 24 | $19.8B | $1.8B | ||
| Q1 24 | $19.6B | $1.8B |
| 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 | $733.6M | $30.8M |
| Free Cash FlowOCF − Capex | — | $28.9M |
| FCF MarginFCF / Revenue | — | 3.8% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | 1.45× | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $733.6M | $30.8M | ||
| Q3 25 | $875.1M | $23.2M | ||
| Q2 25 | $872.7M | — | ||
| Q1 25 | $705.1M | $66.1M | ||
| Q4 24 | $768.6M | $-6.2M | ||
| Q3 24 | $798.8M | $44.8M | ||
| Q2 24 | $895.3M | — | ||
| Q1 24 | $665.6M | $160.2M |
| Q4 25 | — | $28.9M | ||
| Q3 25 | — | $20.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $64.6M | ||
| Q4 24 | — | $-8.2M | ||
| Q3 24 | — | $42.5M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $157.7M |
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 21.0% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | 1.45× | 1.87× | ||
| Q3 25 | 1.71× | 1.17× | ||
| Q2 25 | 2.43× | — | ||
| Q1 25 | 1.73× | 3.79× | ||
| Q4 24 | 1.25× | -0.36× | ||
| Q3 24 | 1.86× | 2.64× | ||
| Q2 24 | 1.73× | — | ||
| Q1 24 | 1.31× | 12.51× |
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% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
