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 | 135.70 Bn | 135.70 Bn | 2.24 Bn | 822.55 Mn |
| 2 | Public Storage | 56.82 Bn | 56.69 Bn | 1.18 Bn | 20.78 Mn |
| 3 | Extra Space Storage | 31.27 Bn | 31.27 Bn | 617.72 Mn | 7.24 Mn |
| 4 | Eastgroup Properties | 11.33 Bn | 11.33 Bn | 193.10 Mn | -16.30 Mn |
| 5 | Lineage | 9.61 Bn | 9.55 Bn | 417.00 Mn | 185.00 Mn |
| 6 | CubeSmart | 9.59 Bn | 9.59 Bn | 191.86 Mn | 10.39 Mn |
| 7 | Rexford Industrial Realty | 8.83 Bn | 8.78 Bn | - | 31.28 Mn |
| 8 | STAG Industrial | 7.79 Bn | 7.79 Bn | - | 41.33 Mn |
| 9 | Terreno Realty | 7.63 Bn | 7.63 Bn | - | 10.63 Mn |
| 10 | Americold Realty Trust | 4.14 Bn | 4.10 Bn | 195.51 Mn | 109.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |