Public Storage Miami — Accumulated Depreciation increased by 6.7% to $497.03M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 6.7%, from $465.69M to $497.03M. This increase may warrant attention — for this metric, lower values are generally preferred.
A high ratio relative to gross cost may indicate an aging portfolio that might require future capital reinvestment.
The total amount of depreciation expense recognized against the buildings and improvements in the Miami market since the...
Standard accounting metric for all asset-heavy industries.
psa_segment_miami_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $365.47M | $397.08M | $431.64M | $465.69M | $497.03M |
| QoQ Change | — | +8.6% | +8.7% | +7.9% | +6.7% |
| YoY Change | — | +8.6% | +8.7% | +7.9% | +6.7% |