Ryan Burke
Vice President, Investor Relations
Replay available
Public Storage (NYSE: PSA) Q3 2025 earnings conference call, held 2025-10-30. Replay captured from the company's public earnings webcast.

Vice President, Investor Relations
President and Chief Executive Officer
Chief Financial Officer
Analyst, Citi
Analyst, Evercore
Analyst, Bank of America
Analyst, Goldman Sachs
Analyst, Green Street Advisors
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WEBVTT 00:00:00.031 -- 00:00:05.799 Greetings and welcome to Public Storage's third quarter 2025 earnings conference call. 00:00:05.799 -- 00:00:09.323 At this time, all participants are on a listen-only mode. 00:00:09.323 -- 00:00:13.729 A question and answer session will follow the formal presentation. 00:00:13.729 -- 00:00:18.296 To enter the question queue at that time, please press star 1. 00:00:18.296 -- 00:00:22.802 If anyone should require operator assistance during the conference, please press star 00:00:22.802 -- 00:00:28.162 0 on your telephone keypad. As a reminder, this conference is being recorded. 00:00:28.162 -- 00:00:31.146 I would now like to turn the conference over to your host, Mr. 00:00:31.146 -- 00:00:34.711 Ryan Burke. Thank you. You may begin. 00:00:34.711 -- 00:00:39.177 Thank you, Rob. Hello, everyone. Thank you for joining us for a third quarter 2025 earnings 00:00:39.177 -- 00:00:42.161 call. I'm here with Joe Russell and Tom Boyle. 00:00:42.161 -- 00:00:46.647 Before we begin, we want to remind you that certain matters discussed during this call 00:00:46.647 -- 00:00:50.372 may constitute forward-looking statements within the meaning of the federal securities 00:00:50.372 -- 00:00:55.550 laws. These forward-looking statements are subject to certain economic risks and uncertainties. 00:00:55.550 -- 00:01:00.155 All forward-looking statements speak only as of today, October 30th, 2025, 00:01:00.155 -- 00:01:04.780 and we assume no obligation to update, revise, or supplement statements that become untrue 00:01:04.780 -- 00:01:10.046 because of subsequent events. A reconciliation to GAAP of the non-GAAP financial measures 00:01:10.046 -- 00:01:13.289 we provide on this call is included in our earnings release. 00:01:13.289 -- 00:01:17.534 Yo...