Public Storage Providence — Accumulated Depreciation increased by 14.3% to $11.20M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.3%, from $9.80M to $11.20M. This increase may warrant attention — for this metric, lower values are generally preferred.
Higher accumulated depreciation relative to gross cost may indicate an aging portfolio that could require future capital reinvestment.
The total amount of depreciation taken against the building assets in the Providence segment since their acquisition. Th...
Standard accounting metric for real estate assets, comparable across all capital-intensive industries.
psa_segment_providence_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $7.41M | $7.93M | $8.54M | $9.80M | $11.20M |
| QoQ Change | — | +6.9% | +7.8% | +14.7% | +14.3% |
| YoY Change | — | +6.9% | +7.8% | +14.7% | +14.3% |