Non-Current Assets

Real Estate Facilities, Net

Public Storage Real Estate Facilities, Net decreased by 0.7% to $18.48B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.7%, from $18.16B to $18.48B. Over 5 years (FY 2020 to FY 2025), Real Estate Facilities, Net shows an upward trend with a 12.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase reflects net growth in the asset base, while a decrease may indicate depreciation outpacing new capital investment or asset divestment.

Detailed definition

This represents the net book value of real estate facilities after accounting for accumulated depreciation. It provides...

Peer comparison

This metric is used across the REIT industry to compare the net scale and value of physical operating assets.

Metric ID: non_current_assets_real_estate_facilities_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$12.54B$12.86B$15.03B$15.09B$15.17B$15.43B$15.66B$15.66B$15.71B$17.81B$18.04B$17.93B$17.89B$17.92B$18.05B$18.16B$18.17B$18.51B$18.61B$18.48B
QoQ Change+2.5%+16.9%+0.3%+0.5%+1.7%+1.5%-0.0%+0.3%+13.3%+1.3%-0.6%-0.2%+0.2%+0.7%+0.6%+0.1%+1.9%+0.5%-0.7%
YoY Change+20.9%+20.0%+4.2%+3.8%+3.6%+15.4%+15.2%+14.4%+13.9%+0.6%+0.1%+1.3%+1.6%+3.3%+3.1%+1.7%
Range$12.54B$18.61B
CAGR+8.5%
Avg YoY Growth+7.7%
Median YoY Growth+3.7%

Frequently Asked Questions

What is Public Storage's real estate facilities, net?
Public Storage (PSA) reported real estate facilities, net of $18.48B in Q1 2026.
How has Public Storage's real estate facilities, net changed year-over-year?
Public Storage's real estate facilities, net increased by 1.7% year-over-year, from $18.16B to $18.48B.
What is the long-term trend for Public Storage's real estate facilities, net?
Over 5 years (2020 to 2025), Public Storage's real estate facilities, net has grown at a 12.7% compound annual growth rate (CAGR), from $10.22B to $18.61B.
What does real estate facilities, net mean?
The current net book value of the company's real estate facilities after depreciation.