Public Storage (PSA) Capital Expenditures (2009 - 2026)
Public Storage's Capital Expenditures came in at $56.02 million for Q2 2026, down 26.9% from $76.67 million a year earlier and down 2.9% from the prior quarter.
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Analysis
Public Storage (PSA) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Public Storage reported Capital Expenditures of $281.32 million, down 7.8% year-over-year; for FY2025, it came in at $310.74 million, down 4.9% from FY2024.
- Capital Expenditures carries a four-year compound annual growth rate of 2.5% (FY2021 to FY2025).
- Going back by year, Capital Expenditures was $326.85 million in FY2024 (-10.3%), $364.45 million in FY2023 (+16.2%), $313.51 million in FY2022 (+11.2%) and $281.98 million in FY2021.
- The Q2 2026 figure represents the lowest quarterly Capital Expenditures since Q3 2016.
- Year-over-year, Capital Expenditures has declined for three consecutive quarters, with an average decline of 12.1% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q4 2023 (growth of 40.8%), and the weakest in Q4 2024 (a decline of 31.0%).
- Business Quant data shows PSA's Capital Expenditures at $57.71 million (Q1 2026), $72.74 million (Q4 2025) and $94.85 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.32 Bn | 146.82 Bn | 1.39 Bn | 5.21 Bn |
| 2 | Prologis | 124.03 Bn | 119.07 Bn | - | 799.74 Mn |
| 3 | Simon Property | 64.53 Bn | 60.38 Bn | - | 208.40 Mn |
| 4 | Realty Income | 51.58 Bn | 49.80 Bn | - | 1.90 Bn |
| 5 | Public Storage | 50.88 Bn | 49.87 Bn | - | 185.52 Mn |
| 6 | Ventas | 41.42 Bn | 40.11 Bn | - | 1.48 Bn |
| 7 | Extra Space Storage | 28.33 Bn | 28.33 Bn | 642.43 Mn | 158.83 Mn |
| 8 | Vici Properties | 25.00 Bn | 23.12 Bn | 1.05 Bn | 141.09 Mn |
| 9 | Vivmark Residential | 22.74 Bn | 22.52 Bn | - | 98.33 Mn |
| 10 | Essex Property Trust | 17.33 Bn | 17.09 Bn | - | 31.54 Mn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();