Public Storage Detroit — Accumulated Depreciation increased by 10.2% to $189.27M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.2%, from $171.81M to $189.27M. This increase may warrant attention — for this metric, lower values are generally preferred.
A higher ratio relative to gross assets may indicate an aging portfolio, while a lower ratio suggests newer or recently renovated assets.
The cumulative amount of depreciation recorded against the building and improvement assets in the Detroit market. This r...
Standard accounting metric for all real estate companies to show asset age and wear.
psa_segment_detroit_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $130.90M | $142.25M | $155.13M | $171.81M | $189.27M |
| QoQ Change | — | +8.7% | +9.1% | +10.7% | +10.2% |
| YoY Change | — | +8.7% | +9.1% | +10.7% | +10.2% |