What is Public Storage's D&A?

Public Storage (PSA) reported D&A of $290.72M in Q1 2026.

How has Public Storage's D&A changed year-over-year?

Public Storage's D&A increased by 2.8% year-over-year, from $282.72M to $290.72M.

What is the long-term trend for Public Storage's D&A?

Over 4 years (2021 to 2025), Public Storage's D&A has grown at a 12.7% compound annual growth rate (CAGR), from $713.43M to $1.15B.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Public Storage PSA D&A

D&A at other companies

U-Haul HoldingUHAL

$300.03M+18.5%

Global Self StorageSELF

$412.42K+1.4%

Extra Space StorageEXR

$185.8M+3.0%

Janus International GroupJBI

$3.6M+24.1%

PrologisPLD

$648M-0.2%

Regency CentersREG

$106.42M+10.0%

Other financials

Income statement

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Revenue$1.2B+2.9%

Operating income$474.3M+2.2%

Net income$526.3M+29.1%

EPS (diluted)$2.71+32.8%

Balance sheet

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Cash & equivalents$134.6M-53.1%

Total debt$10.3B+9.6%

Total equity$9.2B-3.6%

Total assets$19.9B+1.2%

Cash flow

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Operating cash flow$694.8M-1.5%

Valuation

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Market cap$55.89B+14.3%

P/E29.4×+2.4×

P/S11.5×+1.2×

Profitability

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Gross margin72%—

Operating margin51.6%—

Net margin39.2%-2.6pp

FCF margin64.3%—

Returns & leverage

See full

Return on equity20.3%+0.1pp

Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Public Storage in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Public Storage’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Public Storage's D&A?: Public Storage (PSA) reported D&A of $290.72M in Q1 2026.
How has Public Storage's D&A changed year-over-year?: Public Storage's D&A increased by 2.8% year-over-year, from $282.72M to $290.72M.
What is the long-term trend for Public Storage's D&A?: Over 4 years (2021 to 2025), Public Storage's D&A has grown at a 12.7% compound annual growth rate (CAGR), from $713.43M to $1.15B.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.