Public Storage (PSA) Construction in Progress (2009 - 2026)
Public Storage (PSA) posted Construction in Progress of $322.29 million for Q3 2026, up 20.3% from $267.82 million a year earlier and up 23.9% 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%).
- The Q3 2026 figure stands as the highest quarterly Construction in Progress since Q2 2024.
- On a year-over-year basis, Construction in Progress increased in two of the last eight quarters, with an average decline of 15.8%.
- 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 $260.09 million (Q2 2026), $202.74 million (Q1 2026) and $194.36 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | 1.24 Bn |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | - |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | - |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | 322.29 Mn |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | - |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | 248.74 Mn |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 110.15 Mn |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 25.50 Mn |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | 58.31 Mn |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 269.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 322.29 Mn |
| 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 |
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();