Public Storage (PSA) Accumulated Expenses (2015 - 2026)
Public Storage's Accumulated Expenses was $1 billion in Q3 2026, up 50.9% from $664.39 million a year earlier and up 53.8% from the prior quarter.
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Analysis
Public Storage (PSA) Accumulated Expenses (2015 - 2026) Analysis & Trends
At the end of FY2025, Accumulated Expenses at Public Storage came in at $610.99 million, up 3.9% from FY2024.
- Accumulated Expenses shows a five-year compound annual growth rate of 9.1% (FY2020 to FY2025).
- In earlier years, Accumulated Expenses was $588.25 million in FY2024 (-1.8%), $598.99 million in FY2023 (+16.4%), $514.68 million in FY2022 (+6.8%) and $482.09 million in FY2021 (+22.2%).
- The Q3 2026 figure marks the highest quarterly Accumulated Expenses in data going back to Q4 2015.
- Compared with a year earlier, Accumulated Expenses was higher in six of the last eight quarters, with growth averaging 8.8%.
- The best year-over-year quarter for Accumulated Expenses over five years was Q3 2026 (growth of 50.9%); the worst was Q1 2026 (a decline of 4.2%).
- Per Business Quant data, PSA's Accumulated Expenses in the three quarters before Q3 2026 was $651.71 million (Q2 2026), $498.42 million (Q1 2026) and $610.99 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.00 Bn |
| Jun 30, 2026 | 651.71 Mn |
| Mar 31, 2026 | 498.42 Mn |
| Dec 31, 2025 | 610.99 Mn |
| Sep 30, 2025 | 664.39 Mn |
| Jun 30, 2025 | 624.83 Mn |
| Mar 31, 2025 | 520.54 Mn |
| Dec 31, 2024 | 588.25 Mn |
| Sep 30, 2024 | 619.42 Mn |
| Jun 30, 2024 | 584.59 Mn |
| Mar 31, 2024 | 504.20 Mn |
| Dec 31, 2023 | 598.99 Mn |
| Sep 30, 2023 | 644.24 Mn |
| Jun 30, 2023 | 507.59 Mn |
| Mar 31, 2023 | 470.40 Mn |
| Dec 31, 2022 | 514.68 Mn |
| Sep 30, 2022 | 589.71 Mn |
| Jun 30, 2022 | 473.60 Mn |
| Mar 31, 2022 | 453.97 Mn |
| Dec 31, 2021 | 482.09 Mn |
API Access
Public Storage Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=PSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "PSA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();