Public Storage Salt Lake City — Accumulated Depreciation increased by 10.6% to $23.05M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 10.6%, from $20.84M to $23.05M. This increase may warrant attention — for this metric, lower values are generally preferred.
Increasing accumulated depreciation relative to gross cost suggests an aging portfolio that may require future capital reinvestment.
The total amount of depreciation taken against the building and improvement assets in the Salt Lake City market since th...
Standard accounting metric for all asset-heavy real estate companies.
psa_segment_salt_lake_city_accumulated_depreciation| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $16.13M | $17.35M | $18.95M | $20.84M | $23.05M |
| QoQ Change | — | +7.6% | +9.2% | +10.0% | +10.6% |
| YoY Change | — | +7.6% | +9.2% | +10.0% | +10.6% |