Extra Space Storage (EXR) FCF Margin (2009 - 2026)
Extra Space Storage's FCF Margin was 63.45% in Q2 2026, up 4.10 percentage points from 59.35% a year earlier and up 9.31 percentage points from the prior quarter.
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Analysis
Extra Space Storage (EXR) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Extra Space Storage's FCF Margin was 51.64% through Jun 30, 2026, down 1.65 percentage points year-over-year; for FY2025, it was 50.54%, down 3.46 percentage points from FY2024.
- FCF Margin shows a five-year change of -1.36 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 54.00% in FY2024 (+3.14 pp), 50.87% in FY2023 (-10.26 pp), 61.12% in FY2022 (+4.31 pp) and 56.82% in FY2021 (+4.91 pp).
- The Q2 2026 figure marks the highest quarterly FCF Margin since Q2 2023.
- Compared with a year earlier, FCF Margin was higher in four of the last eight quarters, with an average year-over-year change of -0.34 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q3 2021 (a gain of 9.24 percentage points); the worst was Q3 2023 (a drop of 10.50 percentage points).
- Per Business Quant data, EXR's FCF Margin in the three quarters before Q2 2026 was 54.14% (Q1 2026), 39.17% (Q4 2025) and 49.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 165.45 Bn | 146.94 Bn | 1.39 Bn | -118.68% |
| 2 | Prologis | 124.08 Bn | 119.12 Bn | - | 22.56% |
| 3 | Simon Property | 64.74 Bn | 60.59 Bn | - | 35.57% |
| 4 | Realty Income | 51.73 Bn | 49.95 Bn | - | -48.82% |
| 5 | Public Storage | 50.79 Bn | 49.78 Bn | - | 55.39% |
| 6 | Ventas | 41.44 Bn | 40.13 Bn | - | -53.23% |
| 7 | Extra Space Storage | 28.30 Bn | 28.30 Bn | 642.43 Mn | 48.91% |
| 8 | Vici Properties | 25.09 Bn | 23.21 Bn | 1.05 Bn | 55.46% |
| 9 | Vivmark Residential | 22.71 Bn | 22.49 Bn | - | - |
| 10 | Essex Property Trust | 17.34 Bn | 17.10 Bn | - | 45.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.91% |
| Mar 31, 2026 | 48.52% |
| Dec 31, 2025 | 3.39% |
| Sep 30, 2025 | 38.92% |
| Jun 30, 2025 | 34.22% |
| Mar 31, 2025 | 33.27% |
| Dec 31, 2024 | 14.46% |
| Sep 30, 2024 | 32.07% |
| Jun 30, 2024 | 59.08% |
| Mar 31, 2024 | 46.84% |
| Dec 31, 2023 | 30.23% |
| Sep 30, 2023 | 45.25% |
| Jun 30, 2023 | 52.36% |
| Mar 31, 2023 | 46.59% |
| Dec 31, 2022 | 24.35% |
| Sep 30, 2022 | -75.94% |
| Jun 30, 2022 | 23.25% |
| Mar 31, 2022 | 20.66% |
| Dec 31, 2021 | -98.45% |
| Sep 30, 2021 | 12.46% |
API Access
Extra Space Storage FCF Margin 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=fcf-margin&ticker=EXR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "EXR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=EXR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();