Public Storage (PSA) Construction in Progress (2009 - 2026)
Public Storage (PSA) posted Construction in Progress of $260.09 million for Q2 2026, up 1.1% from $257.3 million a year earlier and up 28.3% from the prior quarter.
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Analysis
Public Storage (PSA) Construction in Progress (2009 - 2026) Analysis & Trends
At the end of FY2025, Public Storage's Construction in Progress came in at $194.36 million, down 36.9% from FY2024.
- Annual Construction in Progress has declined for three consecutive years, though with a five-year compound annual growth rate of 0.7% (FY2020 to FY2025).
- In prior years, Public Storage's Construction in Progress was $308.1 million in FY2024 (-10.8%), $345.45 million in FY2023 (-7.4%), $372.99 million in FY2022 (+36.9%) and $272.47 million in FY2021 (+44.9%).
- Quarterly Construction in Progress has run from a low of $194.36 million in Q4 2025 to a high of $457.06 million in Q3 2023 over five years.
- On a year-over-year basis, Construction in Progress increased in 1 of the last eight quarters, with an average decline of 22.4%.
- The strongest year-over-year quarter for Construction in Progress in the past five years was Q3 2022, with growth of 77.9%; the weakest was Q1 2025, with a decline of 38.2%.
- According to Business Quant data, Construction in Progress for the three prior quarters was $202.74 million (Q1 2026), $194.36 million (Q4 2025) and $267.82 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.62 Bn | 147.11 Bn | 1.39 Bn | 848.35 Mn |
| 2 | Prologis | 124.05 Bn | 119.10 Bn | - | - |
| 3 | Simon Property | 64.60 Bn | 60.45 Bn | - | - |
| 4 | Realty Income | 51.58 Bn | 49.80 Bn | - | - |
| 5 | Public Storage | 50.82 Bn | 49.81 Bn | - | 260.09 Mn |
| 6 | Ventas | 41.51 Bn | 40.20 Bn | - | 253.90 Mn |
| 7 | Extra Space Storage | 28.30 Bn | 28.30 Bn | 642.43 Mn | 126.22 Mn |
| 8 | Vici Properties | 25.03 Bn | 23.14 Bn | 1.05 Bn | 23.27 Mn |
| 9 | Vivmark Residential | 22.76 Bn | 22.54 Bn | - | 58.31 Mn |
| 10 | Essex Property Trust | 17.33 Bn | 17.10 Bn | - | 184.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 260.09 Mn |
| Mar 31, 2026 | 202.74 Mn |
| Dec 31, 2025 | 194.36 Mn |
| Sep 30, 2025 | 267.82 Mn |
| Jun 30, 2025 | 257.30 Mn |
| Mar 31, 2025 | 240.67 Mn |
| Dec 31, 2024 | 308.10 Mn |
| Sep 30, 2024 | 310.51 Mn |
| Jun 30, 2024 | 380.75 Mn |
| Mar 31, 2024 | 389.28 Mn |
| Dec 31, 2023 | 345.45 Mn |
| Sep 30, 2023 | 457.06 Mn |
| Jun 30, 2023 | 449.93 Mn |
| Mar 31, 2023 | 377.35 Mn |
| Dec 31, 2022 | 372.99 Mn |
| Sep 30, 2022 | 406.35 Mn |
| Jun 30, 2022 | 380.06 Mn |
| Mar 31, 2022 | 337.55 Mn |
| Dec 31, 2021 | 272.47 Mn |
| Sep 30, 2021 | 228.38 Mn |
API Access
Public Storage Construction in Progress 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=construction-in-progress&ticker=PSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "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=construction-in-progress&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();