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Public Storage PSA Indianapolis — Costs Subsequent to Acquisition

Other geography segments

Los Angeles
$687.87M+25.1%
New York
$409.26M+4.4%
San Francisco
$384.28M+6.4%
Houston
$360.49M+7.1%
Seattle/Tacoma
$233.02M+3.5%
Chicago
$222.11M+6.9%
Miami
$214.57M+4.3%
Atlanta
$150.78M+6.4%
Denver
$137.09M+5.7%
West Palm Beach
$135.02M+4.0%
Orlando/Daytona
$118.69M+9.5%
Charlotte
$115.13M+4.7%
Tampa
$110.35M+9.1%
Philadelphia
$104.46M+5.0%
Detroit
$95.46M+14.7%
Baltimore
$85.38M+4.6%
San Diego
$80.47M+2.1%
Phoenix
$74.95M+11.2%
Austin
$66.22M+5.8%
Kansas City
$64.11M+3.0%
Raleigh
$59.56M+5.8%
Portland
$58.24M+2.8%
Las Vegas
$57.54M+110%
San Antonio
$48.53M+5.1%
Sacramento
$48.5M+7.0%
Boston
$47.54M+8.4%
Columbus
$43.41M+3.0%
Nashville/Bowling Green
$42.59M+10.2%
Norfolk
$39.88M+3.8%
Oklahoma City
$38.73M+9.9%
Columbia
$37.78M+9.1%
Cincinnati
$33.31M+3.5%
Hartford/New Haven
$30.44M+6.3%
Colorado Springs
$30.29M+3.4%
Fort Myers/Naples
$29.17M+8.6%
Charleston
$28.6M+4.6%
Honolulu
$25.59M+2.7%
Greensboro
$22.68M+7.6%
Birmingham
$22.22M+2.8%
Memphis
$21.53M+19.7%
Greensville/Spartanburg/Asheville
$20.38M+14.6%
Jacksonville
$19.25M+3.2%
Mobile
$17.59M+29.4%
Milwaukee
$17.45M+9.0%
New Orleans
$17.04M+13.4%
Louisville
$14.31M+7.8%
Chattanooga
$13.99M+13.2%
Wichita
$12.34M+11.8%
Richmond
$12.23M+7.5%
Cleveland/Akron
$11.01M+4.2%
Savannah
$10.89M+15.3%
Tucson
$10M+4.8%
Salt Lake City
$9.77M+6.2%
Buffalo/Rochester
$9.2M+6.9%
Monterey/Salinas
$8.18M+1.3%
Reno
$8.14M+2.1%
Omaha
$7.35M+7.5%
Augusta
$7.18M+9.4%
Dayton
$6.87M+5.8%
Providence
$5.69M+21.0%
Huntsville/Decatur
$5.2M+2.1%
Fort Wayne
$5.05M+6.6%
Rochester
$4.42M+5.2%
Palm Springs
$3.66M+3.2%
Shreveport
$3.6M+2.2%
Boise
$3.5M+53.2%
Lansing
$3.26M+46.0%
Topeka
$3.14M+8.5%
Evansville
$2.83M+4.1%
Springfield/Holyoke
$2.81M+2.2%
Roanoke
$2.63M+36.6%
Flint
$1.7M+62.5%
Syracuse
$1.58M+2.6%
Joplin
$1.48M+1.4%
Modesto/Fresno/Stockton
$1.47M+0.4%
Santa Barbara
$1.3M+5.6%

Similar metrics at other companies

Lineage, Inc. logo
LINEIndiana — Costs capitalized subsequent to acquisition
$13M+44.4%
Ladder Capital logo
LADREvansville, IN — Costs Capitalized Subsequent to Acquisition
$0
New York Mortgage Trust logo
ADAMIndianapolis, IN — Buildings and Improvements
$1.49M+27.8%
Ladder Capital logo
LADRCarmel, IN — Costs Capitalized Subsequent to Acquisition
$359K
Ladder Capital logo
LADRDenver, IA — Costs Capitalized Subsequent to Acquisition
$0
Ladder Capital logo
LADRNewburgh, IN 1 — Costs Capitalized Subsequent to Acquisition
$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$55.89B+14.3%
P/E29.4×+2.4×
P/S11.5×+1.2×

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:RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts.

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 indianapolis — costs subsequent to acquisition?
Public Storage (PSA) reported indianapolis — costs subsequent to acquisition of $33.51M in Q4 2025.
How has Public Storage's indianapolis — costs subsequent to acquisition changed year-over-year?
Public Storage's indianapolis — costs subsequent to acquisition increased by 2.8% year-over-year, from $32.61M to $33.51M.
What does indianapolis — costs subsequent to acquisition mean?
Capital expenditures made to the Indianapolis properties after the initial acquisition or construction, such as renovations, expansions, or major repairs. These costs are capitalized to the asset's book value.