Public Storage (PSA) Depreciation and Depletion (2010 - 2026)

Public Storage's Depreciation and Depletion history runs 17 years deep, the most recent figure standing at $269.2 million for Q1 2026.

• In Q1 2026, Depreciation and Depletion rose 5.06% year-over-year to $269.2 million; the TTM figure through Mar 2026 stood at $1.1 billion (up 4.76% YoY), while the FY2025 annual figure was $1.0 billion, up 4.37% from the prior year.
• Depreciation and Depletion was $269.2 million for Q1 2026 at Public Storage, roughly flat from $268.9 million in the prior quarter.
• In the past five years, Depreciation and Depletion ranged from a high of $269.2 million in Q1 2026 to a low of $185.4 million in Q1 2022.
• Historically, Depreciation and Depletion has averaged $234.2 million across 5 years, with a median of $247.5 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Depreciation and Depletion jumped 34.54% in 2022, then increased 3.27% in 2025.
• A 5-year view of Depreciation and Depletion shows it stood at $207.6 million in 2022, then climbed by 17.86% to $244.6 million in 2023, then climbed by 3.76% to $253.8 million in 2024, then increased by 5.96% to $268.9 million in 2025, then gained by 0.1% to $269.2 million in 2026.
• The last three Depreciation and Depletion figures came in at $269.2 million (Q1 2026), $268.9 million (Q4 2025), and $263.0 million (Q3 2025), per Business Quant data.