What does new orleans — costs subsequent to acquisition mean?

Capital expenditures made on properties in the New Orleans market after the initial acquisition, such as renovations, expansions, or major repairs. These costs are capitalized to the asset's book value.

Public Storage PSA New Orleans — 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%

Indianapolis

$33.51M+2.8%

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%

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

EGPLOUISIANA — Costs Capitalized Subsequent to Acquisition

$13.02M+3.2%

LINELouisiana — Costs capitalized subsequent to acquisition

$1M0.0%

LADRNew York, NY — Costs Capitalized Subsequent to Acquisition

$1.32M+5,404%

LADRNew York, New York — Costs Capitalized Subsequent to Acquisition

$0—

LINENew York — Costs capitalized subsequent to acquisition

$23M+27.8%

LINENew Jersey — Costs capitalized subsequent to acquisition

$21M+10.5%

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: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 new orleans — costs subsequent to acquisition?: Public Storage (PSA) reported new orleans — costs subsequent to acquisition of $17.04M in Q4 2025.
How has Public Storage's new orleans — costs subsequent to acquisition changed year-over-year?: Public Storage's new orleans — costs subsequent to acquisition increased by 13.4% year-over-year, from $15.02M to $17.04M.
What does new orleans — costs subsequent to acquisition mean?: Capital expenditures made on properties in the New Orleans market after the initial acquisition, such as renovations, expansions, or major repairs. These costs are capitalized to the asset's book value.