Public Storage Philadelphia — Accumulated Depreciation increased by 8.5% to $238.24M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $219.65M to $238.24M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increasing trend indicates an aging portfolio, which may signal a future need for capital reinvestment or renovations.
The total amount of depreciation taken against the building and improvement assets in the Philadelphia market since thei...
Standard accounting metric for 'Accumulated Depreciation' in real estate portfolios.
psa_segment_philadelphia_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $176.98M | $187.15M | $202.40M | $219.65M | $238.24M |
| QoQ Change | — | +5.7% | +8.1% | +8.5% | +8.5% |
| YoY Change | — | +5.7% | +8.1% | +8.5% | +8.5% |