Public Storage (PSA-PQ) Construction in Progress (2009 - 2026)

Public Storage (PSA-PQ) 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-PQ) 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
DateValue
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