Public Storage Self-storage facilities — Indirect Cost Of Operations increased by 5.4% to $37.45M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.4%, from $35.52M to $37.45M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may indicate rising administrative overhead or inefficiencies, while a decrease suggests improved operational leverage.
This represents the overhead and administrative expenses associated with managing the self-storage facility portfolio th...
Peers in the REIT sector typically report these as part of G&A or property-level overhead allocations.
psa_segment_self_storage_facilities_indirect_cost_of_operations| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $33.68M | $33.68M | $33.68M | $33.68M | $32.89M | $32.89M | $32.89M | $32.89M | $35.52M | $37.45M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -2.4% | +0.0% | +0.0% | +0.0% | +8.0% | +5.4% |
| YoY Change | — | — | — | — | -2.4% | -2.4% | -2.4% | -2.4% | +8.0% | +5.4% |