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Shurgard Self Storage reports €229.6 million in revenue and €0.77 non-GAAP earnings per share

8/12/2026

Non-GAAP earnings measure what a company earns after stripping out depreciation and similar non-cash accounting charges from the standard result.

The short form stands for non-generally accepted accounting principles, and the number Shurgard Self Storage put forward on that basis was €0.77 per share. Revenue came in at €229.6 million.

Why depreciation changes what gets reported A self-storage company owns physical buildings.

Accounting rules require it to book a portion of each building's original cost as an expense each year, as if the property were gradually wearing down.