What is Public Storage's washington dc — accumulated depreciation?

Public Storage (PSA) reported washington dc — accumulated depreciation of $435.22M in Q4 2022.

What does washington dc — accumulated depreciation mean?

The total depreciation taken on properties in the Washington D.C. area to date.

Discontinued — last reported Q4 '22

Washington DC — Accumulated Depreciation

Public Storage Washington DC — Accumulated Depreciation increased by 16.6% to $435.22M in Q4 2022 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityStable

First reportedQ4 2021

Last reportedQ4 2022

Rolls up toReal Estate Accumulated Depreciation

How to read this metric

Increasing accumulated depreciation relative to gross assets suggests an aging portfolio that may require future capital investment for renovations.

Detailed definition

The cumulative amount of depreciation recorded against the building and improvement assets in the Washington D.C. region...

Peer comparison

Standard accounting metric for real estate assets, reflecting the age and wear of the portfolio.

Metric ID: psa_segment_washington_dc_accumulated_depreciation

Historical Data

2 periods

	Q4 '21	Q4 '22
Value	$373.17M	$435.22M
QoQ Change	—	+16.6%
YoY Change	—	+16.6%

Range$373.17M – $435.22M

Avg YoY Growth+16.6%

Median YoY Growth+16.6%

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Frequently Asked Questions

What is Public Storage's washington dc — accumulated depreciation?: Public Storage (PSA) reported washington dc — accumulated depreciation of $435.22M in Q4 2022.
What does washington dc — accumulated depreciation mean?: The total depreciation taken on properties in the Washington D.C. area to date.