Public Storage (PSA-PM) Construction in Progress (2009 - 2026)
Public Storage (PSA-PM) recorded quarterly Construction in Progress of $202.7 million in Q1 2026, up 4.32% quarter-over-quarter from $194.4 million in Q4 2025, and down 15.76% on a YoY basis from $240.7 million in Q1 2025.
Public Storage (PSA-PM) Construction in Progress (2009 - 2026) Analysis & Trends
Public Storage's Construction in Progress history runs 18 years deep, the most recent figure standing at $202.7 million for Q1 2026.
- In Q1 2026, Construction in Progress fell 15.76% year-over-year to $202.7 million; the TTM figure through Mar 2026 stood at $202.7 million (down 15.76% YoY), while the FY2025 annual figure was $194.4 million, down 36.92% from the prior year.
- Construction in Progress was $202.7 million for Q1 2026 at Public Storage, up from $194.4 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $457.1 million in Q3 2023 to a low of $194.4 million in Q4 2025.
- Historically, Construction in Progress has averaged $334.0 million across 5 years, with a median of $345.5 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Construction in Progress soared 77.93% in 2022, then sank 38.18% in 2025.
- A 5-year view of Construction in Progress shows it stood at $373.0 million in 2022, then dropped by 7.38% to $345.5 million in 2023, then decreased by 10.81% to $308.1 million in 2024, then plunged by 36.92% to $194.4 million in 2025, then gained by 4.32% to $202.7 million in 2026.
- The last three Construction in Progress figures came in at $202.7 million (Q1 2026), $194.4 million (Q4 2025), and $267.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | - |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 202.74 Mn |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 106.06 Mn |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 698.41 Mn |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | - |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | - |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | 327.03 Mn |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | - |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 269.52 Mn |
| 10 | Public Storage | - | - | 1.18 Bn | 202.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 202.74 Mn |
| Dec 31, 2025 | 194.36 Mn |
| Sep 30, 2025 | 267.82 Mn |
| Jun 30, 2025 | 257.30 Mn |
| Mar 31, 2025 | 240.67 Mn |
| Dec 31, 2024 | 308.10 Mn |
| Sep 30, 2024 | 310.51 Mn |
| Jun 30, 2024 | 380.75 Mn |
| Mar 31, 2024 | 389.28 Mn |
| Dec 31, 2023 | 345.45 Mn |
| Sep 30, 2023 | 457.06 Mn |
| Jun 30, 2023 | 449.93 Mn |
| Mar 31, 2023 | 377.35 Mn |
| Dec 31, 2022 | 372.99 Mn |
| Sep 30, 2022 | 406.35 Mn |
| Jun 30, 2022 | 380.06 Mn |
| Mar 31, 2022 | 337.55 Mn |
| Dec 31, 2021 | 272.47 Mn |
| Sep 30, 2021 | 228.38 Mn |
| Jun 30, 2021 | 249.71 Mn |