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Public Storage PSA Birmingham — Initial Cost, Land

Other geography segments

Los Angeles
$585.85M+2.0%
New York
$316.9M+0.8%
Houston
$289.01M+5.6%
Miami
$283.8M+9.5%
San Francisco
$248.5M+1.2%
Seattle/Tacoma
$246.11M0.0%
Orlando/Daytona
$187.89M+5.8%
Atlanta
$168.08M+17.0%
West Palm Beach
$162.68M+3.8%
Chicago
$158.29M+1.1%
Baltimore
$142.21M+0.8%
Tampa
$126.76M+18.1%
Denver
$125.36M+4.0%
Phoenix
$108.05M0.0%
Raleigh
$94.35M+2.1%
Charlotte
$89.94M0.0%
San Diego
$89.78M0.0%
Boston
$86.79M+1.3%
Honolulu
$77.12M+10.8%
Detroit
$77.08M0.0%
Philadelphia
$75.33M+13.7%
Austin
$73.2M+1.1%
Oklahoma City
$70.65M+2.2%
Portland
$65.8M+1.2%
San Antonio
$58.75M+4.1%
Columbus
$55.84M0.0%
Nashville/Bowling Green
$49.17M+5.4%
Norfolk
$48.75M+1.7%
Columbia
$46.81M+18.4%
Indianapolis
$46.16M0.0%
Boise
$44.38M+165%
Savannah
$38.34M+5.0%
Fort Myers/Naples
$36.68M0.0%
Las Vegas
$35.05M0.0%
Sacramento
$34.76M+8.5%
Mobile
$31.43M+19.4%
Charleston
$29.1M+49.3%
Memphis
$27.63M0.0%
Louisville
$24.87M0.0%
Cincinnati
$21.13M0.0%
Richmond
$21.12M0.0%
Salt Lake City
$20.45M0.0%
Kansas City
$20.21M0.0%
Omaha
$17.97M0.0%
Greensboro
$15.59M0.0%
New Orleans
$14.75M+4.6%
Greensville/Spartanburg/Asheville
$14.69M+9.5%
Jacksonville
$14.45M0.0%
Chattanooga
$14.44M+44.0%
Milwaukee
$13.98M+6.0%
Colorado Springs
$13.67M0.0%
Augusta
$11.89M+20.9%
Tucson
$9.4M0.0%
Huntsville/Decatur
$9.16M0.0%
Monterey/Salinas
$8.47M0.0%
Palm Springs
$8.31M0.0%
Roanoke
$7.82M+13.1%
Cleveland/Akron
$7.45M+25.9%
Buffalo/Rochester
$6.79M0.0%
Hartford/New Haven
$6.78M0.0%
Santa Barbara
$5.73M0.0%
Reno
$5.49M0.0%
Providence
$3.81M+44.2%
Fort Wayne
$3.49M0.0%
Lansing
$3.29M+60.8%
Flint
$2.73M0.0%
Evansville
$2.34M0.0%
Rochester
$2.14M0.0%
Wichita
$2.02M0.0%
Dayton
$1.7M+58.3%
Springfield/Holyoke
$1.43M0.0%
Shreveport
$817K0.0%
Syracuse
$545K0.0%
Joplin
$264K0.0%
Topeka
$225K0.0%
Modesto/Fresno/Stockton
$44K0.0%

Similar metrics at other companies

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LINEAlabama — Initial cost to company, land
$6M0.0%
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LINEAlabama — Initial cost to company, buildings and improvements
$71M0.0%
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EXRAL — Land Initial Cost
$49.4M-7.1%
Extra Space Storage logo
EXRAL — Building and Improvements Initial Cost
$364.79M-5.0%
Lineage, Inc. logo
LINEUnited Kingdom — Initial cost to company, land
$54M0.0%
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LINEColorado — Initial cost to company, land
$8M0.0%

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$694.8M-1.5%

Valuation

See full
Market cap$56.98B+12.3%
P/E29.9×+1.9×
P/S11.7×+1.0×

Profitability

See full
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:RealEstateAndAccumulatedDepreciationInitialCostOfLand.

The official record: Public Storage’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Public Storage's birmingham — initial cost, land?
Public Storage (PSA) reported birmingham — initial cost, land of $6.32M in Q4 2025.
How has Public Storage's birmingham — initial cost, land changed year-over-year?
Public Storage's birmingham — initial cost, land decreased by 0.0% year-over-year, from $6.32M to $6.32M.
What does birmingham — initial cost, land mean?
The original purchase price paid for the land underlying the storage facilities in the Birmingham market. This represents the historical cost basis of the real estate assets before any development or improvements.