Geographic · Accumulated Depreciation
Phoenix — Accumulated Depreciation
Public Storage Phoenix — Accumulated Depreciation increased by 11.2% to $195.30M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.2%, from $175.57M to $195.30M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2025
Rolls up toReal Estate Accumulated Depreciation
How to read this metric
A higher value relative to gross cost indicates an older portfolio, which may require higher future capital expenditure for maintenance.
Detailed definition
The total amount of depreciation expense recognized against the buildings and improvements in the Phoenix market since t...
Peer comparison
Standard accounting metric for all asset-heavy companies.
Metric ID:
psa_segment_phoenix_accumulated_depreciationHistorical Data
5 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $124.20M | $139.43M | $156.37M | $175.57M | $195.30M |
| QoQ Change | — | +12.3% | +12.1% | +12.3% | +11.2% |
| YoY Change | — | +12.3% | +12.1% | +12.3% | +11.2% |
Range$124.20M – $195.30M
CAGR+57.2%
Avg YoY Growth+12.0%
Median YoY Growth+12.2%
Current Streak4+ quarters growth
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Frequently Asked Questions
- What is Public Storage's phoenix — accumulated depreciation?
- Public Storage (PSA) reported phoenix — accumulated depreciation of $195.30M in Q4 2025.
- How has Public Storage's phoenix — accumulated depreciation changed year-over-year?
- Public Storage's phoenix — accumulated depreciation increased by 11.2% year-over-year, from $175.57M to $195.30M.
- What does phoenix — accumulated depreciation mean?
- The total depreciation taken on Phoenix properties to date.