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

Public Storage's providence — accumulated depreciation increased by 14.3% year-over-year, from $9.8M to $11.2M.

What does providence — accumulated depreciation mean?

The total amount of depreciation taken against the building assets in the Providence segment since their acquisition. This reflects the aging of the physical portfolio.

Public Storage PSA Providence — 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%

Palm Springs

$16.5M+7.5%

Boise

$15.28M+50.3%

Augusta

$14.92M+16.3%

Wichita

$14.39M+6.7%

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

EXRRI — Accumulated Depreciation

$7.61M+25.9%

EXROK — Accumulated Depreciation

$1.98M+66.0%

OHIRI — Real Estate Accumulated Depreciation

$18.06M+4.1%

FWONKAccumulated Depreciation

$236M+10.3%

DDAccumulated Depreciation

$3.63B-32.2%

CATAccumulated Depreciation

$16.77B+4.0%

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$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 providence — accumulated depreciation?: Public Storage (PSA) reported providence — accumulated depreciation of $11.2M in Q4 2025.
How has Public Storage's providence — accumulated depreciation changed year-over-year?: Public Storage's providence — accumulated depreciation increased by 14.3% year-over-year, from $9.8M to $11.2M.
What does providence — accumulated depreciation mean?: The total amount of depreciation taken against the building assets in the Providence segment since their acquisition. This reflects the aging of the physical portfolio.