Public Storage Modesto/Fresno/Stockton — Accumulated Depreciation increased by 8.0% to $1.37M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.0%, from $1.27M to $1.37M. This increase may warrant attention — for this metric, lower values are generally preferred.
Increasing accumulated depreciation relative to gross cost suggests an aging portfolio that may require future capital investment.
The total amount of depreciation expense recognized against the buildings and improvements in the Modesto, Fresno, and S...
Standard accounting metric for real estate asset aging.
psa_segment_modesto_fresno_stockton_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $942.00K | $1.06M | $1.17M | $1.27M | $1.37M |
| QoQ Change | — | +12.5% | +10.1% | +8.9% | +8.0% |
| YoY Change | — | +12.5% | +10.1% | +8.9% | +8.0% |