What is Public Storage's new orleans — initial cost, land?

Public Storage (PSA) reported new orleans — initial cost, land of $14.75M in Q4 2025.

How has Public Storage's new orleans — initial cost, land changed year-over-year?

Public Storage's new orleans — initial cost, land increased by 4.6% year-over-year, from $14.1M to $14.75M.

What does new orleans — initial cost, land mean?

The original purchase price paid for the land parcels associated with storage facilities in the New Orleans market. This represents the historical cost basis of the land before any improvements.

Public Storage PSA New Orleans — 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%

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%

Modesto/Fresno/Stockton

$44K0.0%

Similar metrics at other companies

LINELouisiana — Initial cost to company, land

$1M0.0%

LINENew York — Initial cost to company, land

$10M0.0%

LINELouisiana — Initial cost to company, buildings and improvements

$6M0.0%

EXRNY — Land Initial Cost

$371.35M+8.9%

LINENew Jersey — Initial cost to company, land

$34M0.0%

EXRNM — Land Initial Cost

$32.25M0.0%

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 new orleans — initial cost, land?: Public Storage (PSA) reported new orleans — initial cost, land of $14.75M in Q4 2025.
How has Public Storage's new orleans — initial cost, land changed year-over-year?: Public Storage's new orleans — initial cost, land increased by 4.6% year-over-year, from $14.1M to $14.75M.
What does new orleans — initial cost, land mean?: The original purchase price paid for the land parcels associated with storage facilities in the New Orleans market. This represents the historical cost basis of the land before any improvements.