Extra Space Storage TX — Accumulated Depreciation increased by 23.1% to $352.05M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.1%, from $285.87M to $352.05M. This increase may warrant attention — for this metric, lower values are generally preferred.
A higher ratio relative to gross cost may indicate an aging portfolio that requires future capital investment.
The cumulative amount of depreciation expense recorded against the buildings and improvements in the Texas segment since...
Standard accounting metric for asset aging in real estate portfolios.
exr_segment_tx_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $143.45M | $166.84M | $212.01M | $285.87M | $352.05M |
| QoQ Change | — | +16.3% | +27.1% | +34.8% | +23.1% |
| YoY Change | — | +16.3% | +27.1% | +34.8% | +23.1% |