What is Public Storage's lansing — accumulated depreciation?

Public Storage (PSA) reported lansing — accumulated depreciation of $5.79M in Q4 2025.

How has Public Storage's lansing — accumulated depreciation changed year-over-year?

Public Storage's lansing — accumulated depreciation increased by 33.1% year-over-year, from $4.35M to $5.79M.

What does lansing — accumulated depreciation mean?

The cumulative depreciation recorded against the building and improvement assets in the Lansing market. This reflects the aging of the physical portfolio and the systematic allocation of asset costs over time.

Public Storage PSA Lansing — Accumulated Depreciation

Other geography segments

Los Angeles

$1.13B+6.5%

New York

$687.48M+8.1%

San Francisco

$660.44M+5.3%

Houston

$534.99M+12.2%

Seattle/Tacoma

$529.84M+8.4%

Chicago

$505.45M+6.1%

Miami

$497.03M+6.7%

Atlanta

$381.48M+7.3%

Orlando/Daytona

$278.48M+13.9%

Denver

$243.88M+9.3%

Baltimore

$240.59M+18.4%

Philadelphia

$238.24M+8.5%

Tampa

$218.14M+12.1%

West Palm Beach

$210.12M+8.5%

Charlotte

$207.71M+9.0%

Phoenix

$195.3M+11.2%

Detroit

$189.27M+10.2%

Portland

$165.51M+9.1%

Boston

$161.04M+8.2%

San Diego

$143.3M+8.2%

Austin

$143.28M+8.9%

Raleigh

$120.8M+12.4%

San Antonio

$120.78M+12.4%

Sacramento

$108.4M+6.0%

Norfolk

$104.35M+7.2%

Honolulu

$99.43M+8.1%

Kansas City

$87.05M+5.8%

Indianapolis

$84.75M+13.2%

Oklahoma City

$82.26M+24.9%

Las Vegas

$79.84M+11.3%

Columbus

$77.08M+11.6%

Columbia

$71.9M+15.5%

Nashville/Bowling Green

$53.97M+15.9%

Cincinnati

$50.83M+10.6%

Memphis

$45.75M+22.6%

Colorado Springs

$45.57M+8.3%

Jacksonville

$45.45M+5.6%

Fort Myers/Naples

$45.15M+19.0%

Charleston

$45.01M+11.2%

New Orleans

$42.84M+10.7%

Milwaukee

$42.08M+5.5%

Hartford/New Haven

$40.71M+4.4%

Greensboro

$39.59M+8.8%

Greensville/Spartanburg/Asheville

$36.7M+14.1%

Birmingham

$35.89M+7.1%

Richmond

$33.81M+10.0%

Mobile

$32.11M+26.8%

Savannah

$31.65M+13.2%

Louisville

$29.75M+11.2%

Monterey/Salinas

$29.3M+5.1%

Tucson

$28.26M+6.5%

Chattanooga

$26.71M+11.4%

Salt Lake City

$23.05M+10.6%

Omaha

$20.67M+20.4%

Cleveland/Akron

$20.39M+12.2%

Buffalo/Rochester

$20.35M+8.3%

Reno

$18.19M+8.3%

Palm Springs

$16.5M+7.5%

Boise

$15.28M+50.3%

Augusta

$14.92M+16.3%

Wichita

$14.39M+6.7%

Providence

$11.2M+14.3%

Dayton

$9.92M+9.4%

Huntsville/Decatur

$9.33M+10.1%

Santa Barbara

$8.24M+6.8%

Fort Wayne

$8.2M+8.8%

Roanoke

$7.96M+20.6%

Evansville

$7.62M+11.6%

Rochester

$6.24M+14.0%

Shreveport

$5.83M+4.4%

Springfield/Holyoke

$5.69M+3.3%

Flint

$4.47M+28.1%

Topeka

$3.59M+4.8%

Syracuse

$2.44M+6.1%

Joplin

$1.91M+5.7%

Modesto/Fresno/Stockton

$1.37M+8.0%

Similar metrics at other companies

EXRMS — Accumulated Depreciation

$8.77M+11.4%

EXROK — Accumulated Depreciation

$1.98M+66.0%

EXRMI — Accumulated Depreciation

$18.42M+18.7%

EXRLA — Accumulated Depreciation

$16.02M+29.7%

WPCAccumulated Depreciation

$3.57B+6.1%

OHIMS — Real Estate Accumulated Depreciation

$66.6M+13.1%

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:RealEstateAccumulatedDepreciation.

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 lansing — accumulated depreciation?: Public Storage (PSA) reported lansing — accumulated depreciation of $5.79M in Q4 2025.
How has Public Storage's lansing — accumulated depreciation changed year-over-year?: Public Storage's lansing — accumulated depreciation increased by 33.1% year-over-year, from $4.35M to $5.79M.
What does lansing — accumulated depreciation mean?: The cumulative depreciation recorded against the building and improvement assets in the Lansing market. This reflects the aging of the physical portfolio and the systematic allocation of asset costs over time.