vs
Side-by-side financial comparison of Public Storage (PSA) and SS&C Technologies Holdings Inc (SSNC). Click either name above to swap in a different company.
SS&C Technologies Holdings Inc is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.4× Public Storage). Public Storage runs the higher net margin — 41.7% vs 13.7%, a 28.0% gap on every dollar of revenue. On growth, SS&C Technologies Holdings Inc posted the faster year-over-year revenue change (8.8% vs 3.3%). Over the past eight quarters, SS&C Technologies Holdings Inc's revenue compounded faster (6.5% 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.
SS&C Technologies Holdings, Inc. is an American multinational holding company headquartered in Windsor, Connecticut, that sells software and software as a service to the financial services industry. The company has offices in the Americas, Europe, Asia, Africa and Australia.
PSA vs SSNC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.6B |
| Net Profit | $507.1M | $226.1M |
| Gross Margin | — | 48.7% |
| Operating Margin | 40.7% | 24.2% |
| Net Margin | 41.7% | 13.7% |
| Revenue YoY | 3.3% | 8.8% |
| Net Profit YoY | -17.5% | 6.2% |
| EPS (diluted) | $2.59 | $0.91 |
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.
| Q1 26 | — | $1.6B | ||
| Q4 25 | $1.2B | $1.7B | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.2B | $1.5B | ||
| Q4 24 | $1.2B | $1.5B | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.2B | $1.5B |
| Q1 26 | — | $226.1M | ||
| Q4 25 | $507.1M | $193.1M | ||
| Q3 25 | $511.1M | $210.0M | ||
| Q2 25 | $358.4M | $180.8M | ||
| Q1 25 | $407.8M | $213.0M | ||
| Q4 24 | $614.6M | $248.2M | ||
| Q3 24 | $430.3M | $164.4M | ||
| Q2 24 | $518.1M | $190.3M |
| Q1 26 | — | 48.7% | ||
| Q4 25 | — | 47.8% | ||
| Q3 25 | — | 47.7% | ||
| Q2 25 | — | 48.0% | ||
| Q1 25 | — | 49.3% | ||
| Q4 24 | — | 49.3% | ||
| Q3 24 | — | 48.0% | ||
| Q2 24 | — | 48.1% |
| Q1 26 | — | 24.2% | ||
| Q4 25 | 40.7% | 22.3% | ||
| Q3 25 | 42.3% | 23.3% | ||
| Q2 25 | 30.4% | 22.4% | ||
| Q1 25 | 34.8% | 23.6% | ||
| Q4 24 | 52.4% | 23.4% | ||
| Q3 24 | 36.7% | 22.2% | ||
| Q2 24 | 44.6% | 22.6% |
| Q1 26 | — | 13.7% | ||
| Q4 25 | 41.7% | 11.7% | ||
| Q3 25 | 41.8% | 13.4% | ||
| Q2 25 | 29.8% | 11.8% | ||
| Q1 25 | 34.5% | 14.1% | ||
| Q4 24 | 52.2% | 16.2% | ||
| Q3 24 | 36.2% | 11.2% | ||
| Q2 24 | 44.2% | 13.1% |
| Q1 26 | — | $0.91 | ||
| Q4 25 | $2.59 | $0.76 | ||
| Q3 25 | $2.62 | $0.83 | ||
| Q2 25 | $1.76 | $0.72 | ||
| Q1 25 | $2.04 | $0.84 | ||
| Q4 24 | $3.22 | $0.98 | ||
| Q3 24 | $2.16 | $0.65 | ||
| Q2 24 | $2.66 | $0.75 |
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 | $420.9M |
| Total DebtLower is stronger | $10.3B | $7.4B |
| Stockholders' EquityBook value | $9.2B | $6.9B |
| Total Assets | $20.2B | $20.3B |
| Debt / EquityLower = less leverage | 1.11× | 1.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $420.9M | ||
| Q4 25 | $318.1M | $462.1M | ||
| Q3 25 | $296.5M | $388.3M | ||
| Q2 25 | $1.1B | $480.3M | ||
| Q1 25 | $287.2M | $515.0M | ||
| Q4 24 | $447.4M | $567.1M | ||
| Q3 24 | $599.0M | $694.7M | ||
| Q2 24 | $542.3M | $462.7M |
| Q1 26 | — | $7.4B | ||
| 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 26 | — | $6.9B | ||
| Q4 25 | $9.2B | $6.9B | ||
| Q3 25 | $9.3B | $6.9B | ||
| Q2 25 | $9.4B | $6.9B | ||
| Q1 25 | $9.6B | $6.8B | ||
| Q4 24 | $9.7B | $6.5B | ||
| Q3 24 | $9.6B | $6.8B | ||
| Q2 24 | $9.7B | $6.4B |
| Q1 26 | — | $20.3B | ||
| Q4 25 | $20.2B | $20.7B | ||
| Q3 25 | $20.1B | $19.5B | ||
| Q2 25 | $20.5B | $19.0B | ||
| Q1 25 | $19.6B | $20.4B | ||
| Q4 24 | $19.8B | $19.0B | ||
| Q3 24 | $19.8B | $18.4B | ||
| Q2 24 | $19.8B | $16.9B |
| Q1 26 | — | 1.08× | ||
| 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× | — |
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 | $299.7M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | 1.45× | 1.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $299.7M | ||
| Q4 25 | $733.6M | $643.5M | ||
| Q3 25 | $875.1M | $456.2M | ||
| Q2 25 | $872.7M | $372.9M | ||
| Q1 25 | $705.1M | $272.2M | ||
| Q4 24 | $768.6M | $486.6M | ||
| Q3 24 | $798.8M | $336.6M | ||
| Q2 24 | $895.3M | $384.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $633.0M | ||
| Q3 25 | — | $421.5M | ||
| Q2 25 | — | $350.0M | ||
| Q1 25 | — | $259.5M | ||
| Q4 24 | — | $466.9M | ||
| Q3 24 | — | $310.7M | ||
| Q2 24 | — | $374.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 38.3% | ||
| Q3 25 | — | 26.9% | ||
| Q2 25 | — | 22.8% | ||
| Q1 25 | — | 17.1% | ||
| Q4 24 | — | 30.5% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 25.8% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | — | 1.33× | ||
| Q4 25 | 1.45× | 3.33× | ||
| Q3 25 | 1.71× | 2.17× | ||
| Q2 25 | 2.43× | 2.06× | ||
| Q1 25 | 1.73× | 1.28× | ||
| Q4 24 | 1.25× | 1.96× | ||
| Q3 24 | 1.86× | 2.05× | ||
| Q2 24 | 1.73× | 2.02× |
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% |
SSNC
| Technology-enabled services | $1.4B | 85% |
| License, maintenance and related | $239.8M | 15% |
