vs
Side-by-side financial comparison of Public Storage (PSA) and Snap-on (SNA). Click either name above to swap in a different company.
Snap-on is the larger business by last-quarter revenue ($1.2B vs $1.2B, roughly 1.0× Public Storage). Public Storage runs the higher net margin — 41.7% vs 21.3%, a 20.4% gap on every dollar of revenue. On growth, Public Storage posted the faster year-over-year revenue change (3.3% vs 2.7%). Over the past eight quarters, Public Storage's revenue compounded faster (2.5% CAGR vs 2.0%).
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.
Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.
PSA vs SNA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.2B |
| Net Profit | $507.1M | $260.7M |
| Gross Margin | — | — |
| Operating Margin | 40.7% | 27.8% |
| Net Margin | 41.7% | 21.3% |
| Revenue YoY | 3.3% | 2.7% |
| Net Profit YoY | -17.5% | 1.0% |
| EPS (diluted) | $2.59 | $4.94 |
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 | $1.2B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $1.2B | $1.1B | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.2B | $1.1B | ||
| Q2 24 | $1.2B | $1.2B | ||
| Q1 24 | $1.2B | $1.2B |
| Q4 25 | $507.1M | $260.7M | ||
| Q3 25 | $511.1M | $265.4M | ||
| Q2 25 | $358.4M | $250.3M | ||
| Q1 25 | $407.8M | $240.5M | ||
| Q4 24 | $614.6M | $258.1M | ||
| Q3 24 | $430.3M | $251.1M | ||
| Q2 24 | $518.1M | $271.2M | ||
| Q1 24 | $508.9M | $263.5M |
| Q4 25 | 40.7% | 27.8% | ||
| Q3 25 | 42.3% | 29.4% | ||
| Q2 25 | 30.4% | 28.0% | ||
| Q1 25 | 34.8% | 27.7% | ||
| Q4 24 | 52.4% | 27.9% | ||
| Q3 24 | 36.7% | 28.4% | ||
| Q2 24 | 44.6% | 29.9% | ||
| Q1 24 | 44.3% | 28.9% |
| Q4 25 | 41.7% | 21.3% | ||
| Q3 25 | 41.8% | 22.5% | ||
| Q2 25 | 29.8% | 21.4% | ||
| Q1 25 | 34.5% | 21.2% | ||
| Q4 24 | 52.2% | 21.7% | ||
| Q3 24 | 36.2% | 22.0% | ||
| Q2 24 | 44.2% | 23.1% | ||
| Q1 24 | 44.0% | 22.4% |
| Q4 25 | $2.59 | $4.94 | ||
| Q3 25 | $2.62 | $5.02 | ||
| Q2 25 | $1.76 | $4.72 | ||
| Q1 25 | $2.04 | $4.51 | ||
| Q4 24 | $3.22 | $4.83 | ||
| Q3 24 | $2.16 | $4.70 | ||
| Q2 24 | $2.66 | $5.07 | ||
| Q1 24 | $2.60 | $4.91 |
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 | — |
| Total DebtLower is stronger | $10.3B | — |
| Stockholders' EquityBook value | $9.2B | — |
| Total Assets | $20.2B | — |
| Debt / EquityLower = less leverage | 1.11× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $318.1M | — | ||
| Q3 25 | $296.5M | $1.5B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $287.2M | $1.4B | ||
| Q4 24 | $447.4M | $1.4B | ||
| Q3 24 | $599.0M | $1.3B | ||
| Q2 24 | $542.3M | $1.2B | ||
| Q1 24 | $271.6M | $1.1B |
| Q4 25 | $10.3B | — | ||
| Q3 25 | $10.0B | $1.2B | ||
| Q2 25 | $10.4B | $1.2B | ||
| Q1 25 | $9.4B | — | ||
| Q4 24 | $9.4B | $1.2B | ||
| Q3 24 | $9.5B | — | ||
| Q2 24 | $9.4B | — | ||
| Q1 24 | $9.1B | — |
| Q4 25 | $9.2B | — | ||
| Q3 25 | $9.3B | $5.8B | ||
| Q2 25 | $9.4B | $5.7B | ||
| Q1 25 | $9.6B | $5.5B | ||
| Q4 24 | $9.7B | $5.4B | ||
| Q3 24 | $9.6B | $5.5B | ||
| Q2 24 | $9.7B | $5.3B | ||
| Q1 24 | $9.9B | $5.1B |
| Q4 25 | $20.2B | — | ||
| Q3 25 | $20.1B | $8.4B | ||
| Q2 25 | $20.5B | $8.2B | ||
| Q1 25 | $19.6B | $8.1B | ||
| Q4 24 | $19.8B | $7.9B | ||
| Q3 24 | $19.8B | $8.0B | ||
| Q2 24 | $19.8B | $7.8B | ||
| Q1 24 | $19.6B | $7.7B |
| Q4 25 | 1.11× | — | ||
| Q3 25 | 1.08× | 0.21× | ||
| Q2 25 | 1.11× | 0.21× | ||
| Q1 25 | 0.99× | — | ||
| Q4 24 | 0.96× | 0.22× | ||
| 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 | $268.1M |
| Free Cash FlowOCF − Capex | — | $254.6M |
| FCF MarginFCF / Revenue | — | 20.8% |
| Capex IntensityCapex / Revenue | — | 1.1% |
| Cash ConversionOCF / Net Profit | 1.45× | 1.03× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $733.6M | $268.1M | ||
| Q3 25 | $875.1M | $277.9M | ||
| Q2 25 | $872.7M | $237.2M | ||
| Q1 25 | $705.1M | $298.5M | ||
| Q4 24 | $768.6M | $293.5M | ||
| Q3 24 | $798.8M | $274.2M | ||
| Q2 24 | $895.3M | $301.1M | ||
| Q1 24 | $665.6M | $348.7M |
| Q4 25 | — | $254.6M | ||
| Q3 25 | — | $258.0M | ||
| Q2 25 | — | $217.5M | ||
| Q1 25 | — | $275.6M | ||
| Q4 24 | — | $275.4M | ||
| Q3 24 | — | $253.8M | ||
| Q2 24 | — | $277.9M | ||
| Q1 24 | — | $326.9M |
| Q4 25 | — | 20.8% | ||
| Q3 25 | — | 21.8% | ||
| Q2 25 | — | 18.6% | ||
| Q1 25 | — | 24.3% | ||
| Q4 24 | — | 23.1% | ||
| Q3 24 | — | 22.3% | ||
| Q2 24 | — | 23.7% | ||
| Q1 24 | — | 27.8% |
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 1.9% |
| Q4 25 | 1.45× | 1.03× | ||
| Q3 25 | 1.71× | 1.05× | ||
| Q2 25 | 2.43× | 0.95× | ||
| Q1 25 | 1.73× | 1.24× | ||
| Q4 24 | 1.25× | 1.14× | ||
| Q3 24 | 1.86× | 1.09× | ||
| Q2 24 | 1.73× | 1.11× | ||
| Q1 24 | 1.31× | 1.32× |
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% |
SNA
Segment breakdown not available.
