Public Storage New Orleans — Accumulated Depreciation increased by 10.7% to $42.84M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.7%, from $38.69M to $42.84M. This increase may warrant attention — for this metric, lower values are generally preferred.
A high ratio of accumulated depreciation to gross cost may indicate an aging portfolio that might require future capital investment.
The total amount of depreciation expense recognized against the buildings and improvements in the New Orleans market sin...
Standard accounting metric for real estate asset aging.
psa_segment_new_orleans_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $28.81M | $31.53M | $34.71M | $38.69M | $42.84M |
| QoQ Change | — | +9.4% | +10.1% | +11.4% | +10.7% |
| YoY Change | — | +9.4% | +10.1% | +11.4% | +10.7% |