What is Public Storage's miami — accumulated depreciation?

Public Storage (PSA) reported miami — accumulated depreciation of $497.03M in Q4 2025.

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

Public Storage's miami — accumulated depreciation increased by 6.7% year-over-year, from $465.69M to $497.03M.

What does miami — accumulated depreciation mean?

The total amount of depreciation expense recognized against the buildings and improvements in the Miami market since their acquisition. This reduces the net book value of the assets.

Public Storage PSA Miami — 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%

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%

Lansing

$5.79M+33.1%

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

DLRMiami — Real Estate Accumulated Depreciation

$47.11M+9.3%

DLRMiami — Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements

$80.33M+8.6%

DLRMiami — Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements

$54.3M+22.7%

DLRMiami — Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements

$26.03M-12.6%

DLRMiami — Real Estate And Accumulated Depreciation Carrying Amount Of Land

$1.94M-34.4%

DLRMiami — Real Estate And Accumulated Depreciation Initial Cost Of Land

$1.94M-34.5%

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 miami — accumulated depreciation?: Public Storage (PSA) reported miami — accumulated depreciation of $497.03M in Q4 2025.
How has Public Storage's miami — accumulated depreciation changed year-over-year?: Public Storage's miami — accumulated depreciation increased by 6.7% year-over-year, from $465.69M to $497.03M.
What does miami — accumulated depreciation mean?: The total amount of depreciation expense recognized against the buildings and improvements in the Miami market since their acquisition. This reduces the net book value of the assets.