Public Storage Fort Myers/Naples — Accumulated Depreciation increased by 19.0% to $45.15M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 19.0%, from $37.93M to $45.15M.
Increasing accumulated depreciation is a normal accounting process reflecting the aging of the physical assets.
The total amount of depreciation expense recognized against the buildings and improvements in the Fort Myers/Naples mark...
Standard accounting metric for all asset-heavy real estate companies.
psa_segment_fort_myers_naples_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $23.21M | $26.59M | $31.74M | $37.93M | $45.15M |
| QoQ Change | — | +14.6% | +19.4% | +19.5% | +19.0% |
| YoY Change | — | +14.6% | +19.4% | +19.5% | +19.0% |