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

Public Storage's palm springs — accumulated depreciation increased by 7.5% year-over-year, from $15.35M to $16.5M.

What does palm springs — accumulated depreciation mean?

The total amount of depreciation taken against the building assets in the Palm Springs market since their acquisition or construction. This reduces the net book value of the properties over time.

Public Storage PSA Palm Springs — 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%

Miami

$497.03M+6.7%

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%

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

LADRPalmview Texas — Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements

$4.84M0.0%

EXRPA — Accumulated Depreciation

$69.48M+21.0%

LADRPalmview Texas — Real Estate And Accumulated Depreciation Carrying Amount Of Land

$938K0.0%

CBTAccumulated Depreciation

$2.76B+8.3%

TNLAccumulated Depreciation

$1.12B+2.5%

HES

HESMAccumulated Depreciation

$2.06B—

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 palm springs — accumulated depreciation?: Public Storage (PSA) reported palm springs — accumulated depreciation of $16.5M in Q4 2025.
How has Public Storage's palm springs — accumulated depreciation changed year-over-year?: Public Storage's palm springs — accumulated depreciation increased by 7.5% year-over-year, from $15.35M to $16.5M.
What does palm springs — accumulated depreciation mean?: The total amount of depreciation taken against the building assets in the Palm Springs market since their acquisition or construction. This reduces the net book value of the properties over time.