Public Storage (PSA) Depreciation and Amortization (2009 - 2026)
Public Storage's Depreciation and Amortization was $412.61 million in Q3 2026, up 42.1% from $290.36 million a year earlier and up 43.4% from the prior quarter.
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Analysis
Public Storage (PSA) Depreciation and Amortization (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Public Storage's Depreciation and Amortization was $1.29 billion through Sep 30, 2026, up 13.1% year-over-year; for FY2025, it came in at $1.15 billion, up 2.0% from FY2024.
- Depreciation and Amortization has now increased for ten consecutive years, with a five-year compound annual growth rate of 15.8% (FY2020 to FY2025).
- In earlier years, Depreciation and Amortization was $1.13 billion in FY2024 (+16.5%), $970.06 million in FY2023 (+9.2%), $888.15 million in FY2022 (+24.5%) and $713.43 million in FY2021 (+29.0%).
- The Q3 2026 figure marks the highest quarterly Depreciation and Amortization in data going back to Q1 2009.
- Compared with a year earlier, Depreciation and Amortization has increased for five straight quarters, with growth averaging 6.5% over the last eight quarters.
- The best year-over-year quarter for Depreciation and Amortization over five years was Q1 2022 (growth of 51.3%); the worst was Q4 2024 (a decline of 2.3%).
- Per Business Quant data, PSA's Depreciation and Amortization in the three quarters before Q3 2026 was $287.76 million (Q2 2026), $290.72 million (Q1 2026) and $295.55 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | D&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.70 Bn | 166.77 Bn | 1.47 Bn | 706.79 Mn |
| 2 | Prologis | 122.17 Bn | 120.56 Bn | - | 710.30 Mn |
| 3 | Simon Property | 80.16 Bn | 78.26 Bn | - | 510.77 Mn |
| 4 | Public Storage | 62.28 Bn | 61.73 Bn | 112.08 Mn | 412.61 Mn |
| 5 | Realty Income | 56.35 Bn | 57.74 Bn | - | 647.56 Mn |
| 6 | Ventas | 47.42 Bn | 46.59 Bn | -3.39 Bn | 446.01 Mn |
| 7 | Ryman Hospitality Properties | 47.10 Bn | 45.93 Bn | 266.41 Mn | 83.16 Mn |
| 8 | Vivmark Residential | 37.16 Bn | 36.91 Bn | - | 897.98 Mn |
| 9 | Extra Space Storage | 33.05 Bn | 32.83 Bn | 650.96 Mn | 189.60 Mn |
| 10 | Vici Properties | 27.32 Bn | 26.10 Bn | 1.06 Bn | 876,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 412.61 Mn |
| Jun 30, 2026 | 287.76 Mn |
| Mar 31, 2026 | 290.72 Mn |
| Dec 31, 2025 | 295.55 Mn |
| Sep 30, 2025 | 290.36 Mn |
| Jun 30, 2025 | 283.22 Mn |
| Mar 31, 2025 | 282.72 Mn |
| Dec 31, 2024 | 280.89 Mn |
| Sep 30, 2024 | 280.33 Mn |
| Jun 30, 2024 | 283.34 Mn |
| Mar 31, 2024 | 285.20 Mn |
| Dec 31, 2023 | 287.53 Mn |
| Sep 30, 2023 | 238.75 Mn |
| Jun 30, 2023 | 222.13 Mn |
| Mar 31, 2023 | 221.65 Mn |
| Dec 31, 2022 | 226.54 Mn |
| Sep 30, 2022 | 220.77 Mn |
| Jun 30, 2022 | 218.71 Mn |
| Mar 31, 2022 | 222.13 Mn |
| Dec 31, 2021 | 205.29 Mn |
API Access
Public Storage Depreciation and Amortization 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=depreciation-and-amortization&ticker=PSA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization", "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=depreciation-and-amortization&ticker=PSA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();