What is Public Storage's palm springs — initial cost, land?

Public Storage (PSA) reported palm springs — initial cost, land of $8.31M in Q4 2025.

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

Public Storage's palm springs — initial cost, land decreased by 0.0% year-over-year, from $8.31M to $8.31M.

What does palm springs — initial cost, land mean?

The original purchase price or historical cost basis of the land parcels acquired for storage facilities in the Palm Springs market. This excludes the cost of buildings and improvements.

Public Storage PSA Palm Springs — 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%

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

EXRCA — Land Initial Cost

$932.77M+2.0%

LINECalifornia — Initial cost to company, land

$153M-2.5%

EXRPA — Land Initial Cost

$59.77M+3.6%

AMHInland Empire, CA — Initial Cost to Company, Land

$1.1M-41.8%

LINEColorado — Initial cost to company, land

$8M0.0%

EXRLA — Land Initial Cost

$16.67M0.0%

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 palm springs — initial cost, land?: Public Storage (PSA) reported palm springs — initial cost, land of $8.31M in Q4 2025.
How has Public Storage's palm springs — initial cost, land changed year-over-year?: Public Storage's palm springs — initial cost, land decreased by 0.0% year-over-year, from $8.31M to $8.31M.
What does palm springs — initial cost, land mean?: The original purchase price or historical cost basis of the land parcels acquired for storage facilities in the Palm Springs market. This excludes the cost of buildings and improvements.