What does modesto/fresno/stockton — initial cost, land mean?

The original purchase price paid for the land parcels associated with storage facilities in the Modesto, Fresno, and Stockton region. This represents the historical cost basis of the land assets.

Stockton — Initial Cost, Land

Other geography segments

Los Angeles

$585.85M+2.0%

New York

$316.9M+0.8%

Houston

$289.01M+5.6%

Miami

$283.8M+9.5%

San Francisco

$248.5M+1.2%

Seattle/Tacoma

$246.11M0.0%

Orlando/Daytona

$187.89M+5.8%

Atlanta

$168.08M+17.0%

West Palm Beach

$162.68M+3.8%

Chicago

$158.29M+1.1%

Baltimore

$142.21M+0.8%

Tampa

$126.76M+18.1%

Denver

$125.36M+4.0%

Phoenix

$108.05M0.0%

Raleigh

$94.35M+2.1%

Charlotte

$89.94M0.0%

San Diego

$89.78M0.0%

Boston

$86.79M+1.3%

Honolulu

$77.12M+10.8%

Detroit

$77.08M0.0%

Philadelphia

$75.33M+13.7%

Austin

$73.2M+1.1%

Oklahoma City

$70.65M+2.2%

Portland

$65.8M+1.2%

San Antonio

$58.75M+4.1%

Columbus

$55.84M0.0%

Nashville/Bowling Green

$49.17M+5.4%

Norfolk

$48.75M+1.7%

Columbia

$46.81M+18.4%

Indianapolis

$46.16M0.0%

Boise

$44.38M+165%

Savannah

$38.34M+5.0%

Fort Myers/Naples

$36.68M0.0%

Las Vegas

$35.05M0.0%

Sacramento

$34.76M+8.5%

Mobile

$31.43M+19.4%

Charleston

$29.1M+49.3%

Memphis

$27.63M0.0%

Louisville

$24.87M0.0%

Cincinnati

$21.13M0.0%

Richmond

$21.12M0.0%

Salt Lake City

$20.45M0.0%

Kansas City

$20.21M0.0%

Omaha

$17.97M0.0%

Greensboro

$15.59M0.0%

New Orleans

$14.75M+4.6%

Greensville/Spartanburg/Asheville

$14.69M+9.5%

Jacksonville

$14.45M0.0%

Chattanooga

$14.44M+44.0%

Milwaukee

$13.98M+6.0%

Colorado Springs

$13.67M0.0%

Augusta

$11.89M+20.9%

Tucson

$9.4M0.0%

Huntsville/Decatur

$9.16M0.0%

Monterey/Salinas

$8.47M0.0%

Palm Springs

$8.31M0.0%

Roanoke

$7.82M+13.1%

Cleveland/Akron

$7.45M+25.9%

Buffalo/Rochester

$6.79M0.0%

Hartford/New Haven

$6.78M0.0%

Birmingham

$6.32M0.0%

Santa Barbara

$5.73M0.0%

Reno

$5.49M0.0%

Providence

$3.81M+44.2%

Fort Wayne

$3.49M0.0%

Lansing

$3.29M+60.8%

Flint

$2.73M0.0%

Evansville

$2.34M0.0%

Rochester

$2.14M0.0%

Wichita

$2.02M0.0%

Dayton

$1.7M+58.3%

Springfield/Holyoke

$1.43M0.0%

Shreveport

$817K0.0%

Syracuse

$545K0.0%

Joplin

$264K0.0%

Topeka

$225K0.0%

Similar metrics at other companies

LINECalifornia — Initial cost to company, land

$153M-2.5%

EXRCA — Land Initial Cost

$932.77M+2.0%

EXROK — Land Initial Cost

$3.92M0.0%

LINEColorado — Initial cost to company, land

$8M0.0%

EXRMO — Land Initial Cost

$33.81M0.0%

UDROther Southern CA — Real Estate And Accumulated Depreciation Initial Cost Of Land

$33.65M0.0%

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$56.98B+12.3%

P/E29.9×+1.9×

P/S11.7×+1.0×

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:RealEstateAndAccumulatedDepreciationInitialCostOfLand.

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 modesto/fresno/stockton — initial cost, land?: Public Storage (PSA) reported modesto/fresno/stockton — initial cost, land of $44K in Q4 2025.
How has Public Storage's modesto/fresno/stockton — initial cost, land changed year-over-year?: Public Storage's modesto/fresno/stockton — initial cost, land decreased by 0.0% year-over-year, from $44K to $44K.
What does modesto/fresno/stockton — initial cost, land mean?: The original purchase price paid for the land parcels associated with storage facilities in the Modesto, Fresno, and Stockton region. This represents the historical cost basis of the land assets.