Public Storage (PSA) Capital Expenditures (2009 - 2026)
Public Storage (PSA) posted Capital Expenditures of $185.5 million for Q2 2026, up 221.45% on a QoQ basis from $57.7 million in Q1 2026, and up 14.31% year-over-year from $162.3 million in Q2 2025.
Public Storage (PSA) Capital Expenditures (2009 - 2026) Analysis & Trends
Public Storage has reported Capital Expenditures for 18 years, with the latest figure at $185.5 million in Q2 2026.
- On a quarterly basis, Capital Expenditures rose 14.31% year-over-year to $185.5 million in Q2 2026; TTM through Jun 2026 was $885.5 million, a 90.36% increase from a year earlier, with the FY2025 full-year figure at $945.6 million, up 189.3% from the prior year.
- Capital Expenditures was $185.5 million for Q2 2026 at Public Storage, up from $57.7 million in the prior quarter.
- The five-year high for Capital Expenditures was $511.3 million in Q3 2025, with the low at $57.7 million in Q1 2026.
- Average Capital Expenditures over 5 years is $152.6 million, with a median of $120.5 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Capital Expenditures sank 94.85% in 2022, then surged 521.77% in 2025.
- Over 5 years, Capital Expenditures stood at $228.6 million in 2022, then fell by 24.82% to $171.9 million in 2023, then tumbled by 53.63% to $79.7 million in 2024, then surged by 64.42% to $131.0 million in 2025, then soared by 41.58% to $185.5 million in 2026.
- The last three Capital Expenditures figures came in at $185.5 million (Q2 2026), $57.7 million (Q1 2026), and $131.0 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.94 Bn | 165.00 Bn | 1.39 Bn | 319.29 Mn |
| 2 | Prologis | 126.84 Bn | 131.24 Bn | 2.41 Bn | - |
| 3 | Simon Property | 67.22 Bn | 68.48 Bn | 1.76 Bn | 254.90 Mn |
| 4 | Realty Income | 53.47 Bn | 55.85 Bn | - | 1.90 Bn |
| 5 | Public Storage | 50.86 Bn | 50.70 Bn | 1.20 Bn | 185.52 Mn |
| 6 | Ventas | 44.55 Bn | 44.86 Bn | 1.73 Bn | 1.48 Bn |
| 7 | Extra Space Storage | 28.52 Bn | 29.39 Bn | 642.43 Mn | 158.83 Mn |
| 8 | Vici Properties | 26.41 Bn | 25.98 Bn | 1.05 Bn | 434.41 Mn |
| 9 | Vivmark Residential | 23.37 Bn | 23.56 Bn | - | - |
| 10 | Invitation Homes | 16.02 Bn | 16.06 Bn | 705.34 Mn | 62.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 185.52 Mn |
| Mar 31, 2026 | 57.71 Mn |
| Dec 31, 2025 | 131.03 Mn |
| Sep 30, 2025 | 511.28 Mn |
| Jun 30, 2025 | 162.29 Mn |
| Mar 31, 2025 | 140.99 Mn |
| Dec 31, 2024 | 79.69 Mn |
| Sep 30, 2024 | 82.23 Mn |
| Jun 30, 2024 | 80.41 Mn |
| Mar 31, 2024 | 84.53 Mn |
| Dec 31, 2023 | 171.85 Mn |
| Sep 30, 2023 | 110.55 Mn |
| Jun 30, 2023 | 121.90 Mn |
| Mar 31, 2023 | 68.87 Mn |
| Dec 31, 2022 | 228.59 Mn |
| Sep 30, 2022 | 297.94 Mn |
| Jun 30, 2022 | 119.14 Mn |
| Mar 31, 2022 | 112.28 Mn |
| Dec 31, 2021 | 2.20 Bn |
| Sep 30, 2021 | 326.93 Mn |
Public Storage Capital Expenditures 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=capital-expenditures&ticker=PSA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();