Public Storage (PSA) Accumulated Expenses (2015 - 2026)
Public Storage's (PSA) quarterly Accumulated Expenses came in at $498.4 million in Q1 2026, down 4.25% year-on-year from $520.5 million in Q1 2025, and down 18.68% quarter-over-quarter from $612.9 million in Q4 2025.
Public Storage (PSA) Accumulated Expenses (2015 - 2026) Analysis & Trends
Public Storage's Accumulated Expenses history runs 12 years deep, the most recent figure standing at $498.4 million for Q1 2026.
- On a quarterly basis, Accumulated Expenses fell 4.25% year-over-year to $498.4 million in Q1 2026; TTM through Mar 2026 was $498.4 million, a 4.25% decrease from a year earlier, with the FY2025 full-year figure at $612.9 million, up 4.19% from the prior year.
- Accumulated Expenses retreated to $498.4 million in Q1 2026 per PSA's latest filing, from $612.9 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $664.4 million in Q3 2025 and bottomed at $454.0 million in Q1 2022.
- The 5-year median for Accumulated Expenses is $584.6 million (2024), against an average of $557.1 million.
- Across the five-year window, Accumulated Expenses gained 24.36% in 2022 and slipped 4.25% in 2026, its largest moves.
- Year by year, Accumulated Expenses stood at $514.7 million in 2022, then grew by 16.38% to $599.0 million in 2023, then decreased by 1.79% to $588.2 million in 2024, then advanced by 4.19% to $612.9 million in 2025, then fell by 18.68% to $498.4 million in 2026.
- Per Business Quant, the three latest PSA Accumulated Expenses figures stand at $498.4 million (Q1 2026), $612.9 million (Q4 2025), and $664.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Prologis | 136.61 Bn | 136.61 Bn | 2.24 Bn |
| 2 | Public Storage | 56.98 Bn | 56.85 Bn | 1.18 Bn |
| 3 | Extra Space Storage | 31.38 Bn | 31.38 Bn | 617.72 Mn |
| 4 | Eastgroup Properties | 11.41 Bn | 11.41 Bn | 193.10 Mn |
| 5 | CubeSmart | 9.66 Bn | 9.66 Bn | 191.86 Mn |
| 6 | Lineage | 9.47 Bn | 9.40 Bn | 417.00 Mn |
| 7 | Rexford Industrial Realty | 8.87 Bn | 8.82 Bn | - |
| 8 | STAG Industrial | 7.85 Bn | 7.85 Bn | - |
| 9 | Terreno Realty | 7.62 Bn | 7.62 Bn | - |
| 10 | Americold Realty Trust | 4.13 Bn | 4.09 Bn | 195.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 498.42 Mn |
| Dec 31, 2025 | 612.89 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 |
| Sep 30, 2021 | 474.20 Mn |
| Jun 30, 2021 | 406.64 Mn |