Public Storage (PSA) Capital Expenditures (2009 - 2026)

Public Storage's (PSA) quarterly Capital Expenditures came in at $20.8 million in Q1 2026, down 85.26% year-on-year from $141.0 million in Q1 2025, and down 84.14% quarter-over-quarter from $131.0 million in Q4 2025.

Public Storage (PSA) Capital Expenditures (2009 - 2026) Analysis & Trends

Public Storage's Capital Expenditures history runs 18 years deep, the most recent figure standing at $20.8 million for Q1 2026.

  • On a quarterly basis, Capital Expenditures fell 85.26% year-over-year to $20.8 million in Q1 2026; TTM through Mar 2026 was $825.4 million, a 76.42% increase from a year earlier, with the FY2025 full-year figure at $945.6 million, up 189.3% from the prior year.
  • Capital Expenditures eased to $20.8 million in Q1 2026 per PSA's latest filing, from $131.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $671.4 million in Q3 2025 and bottomed at $2.2 million in Q2 2025.
  • The 5-year median for Capital Expenditures is $116.9 million (2022), against an average of $157.8 million.
  • Across the five-year window, Capital Expenditures slumped 94.85% in 2022 and soared 198.14% in 2025, its largest moves.
  • Year by year, Capital Expenditures stood at $228.6 million in 2022, then retreated by 1.92% to $224.2 million in 2023, then sank by 64.45% to $79.7 million in 2024, then jumped by 64.42% to $131.0 million in 2025, then plunged by 84.14% to $20.8 million in 2026.
  • Per Business Quant, the three latest PSA Capital Expenditures figures stand at $20.8 million (Q1 2026), $131.0 million (Q4 2025), and $671.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Prologis 135.42 Bn 135.42 Bn 2.24 Bn 822.55 Mn
2 Public Storage 57.09 Bn 56.95 Bn 1.18 Bn 20.78 Mn
3 Extra Space Storage 31.39 Bn 31.39 Bn 617.72 Mn 7.24 Mn
4 Eastgroup Properties 11.38 Bn 11.38 Bn 193.10 Mn -16.30 Mn
5 CubeSmart 9.61 Bn 9.61 Bn 191.86 Mn 10.39 Mn
6 Lineage 9.55 Bn 9.49 Bn 417.00 Mn 185.00 Mn
7 Rexford Industrial Realty 8.90 Bn 8.85 Bn - 31.28 Mn
8 STAG Industrial 7.81 Bn 7.81 Bn - 41.33 Mn
9 Terreno Realty 7.64 Bn 7.64 Bn - 10.63 Mn
10 Americold Realty Trust 4.16 Bn 4.12 Bn 195.51 Mn 109.99 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 20.78 Mn
Mar 31, 2026 20.78 Mn
Dec 31, 2025 131.03 Mn
Dec 31, 2025 131.03 Mn
Sep 30, 2025 671.41 Mn
Sep 30, 2025 671.41 Mn
Jun 30, 2025 2.16 Mn
Jun 30, 2025 2.16 Mn
Mar 31, 2025 140.99 Mn
Mar 31, 2025 140.99 Mn
Dec 31, 2024 79.69 Mn
Dec 31, 2024 79.69 Mn
Sep 30, 2024 225.20 Mn
Sep 30, 2024 225.20 Mn
Jun 30, 2024 21.96 Mn
Jun 30, 2024 21.96 Mn
Dec 31, 2023 224.20 Mn
Dec 31, 2023 224.20 Mn
Sep 30, 2023 87.54 Mn
Sep 30, 2023 87.54 Mn