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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 171.10 Bn | 153.62 Bn | 1.39 Bn | -129.44% |
| 2 | Prologis | 117.94 Bn | 117.38 Bn | - | -25.08% |
| 3 | Simon Property | 72.61 Bn | 69.67 Bn | - | 35.57% |
| 4 | Public Storage | 54.41 Bn | 53.50 Bn | - | 44.41% |
| 5 | Realty Income | 53.83 Bn | 54.44 Bn | - | -52.51% |
| 6 | Ventas | 44.52 Bn | 43.72 Bn | - | -63.59% |
| 7 | Extra Space Storage | 30.30 Bn | 30.09 Bn | 642.43 Mn | 44.67% |
| 8 | Vici Properties | 26.15 Bn | 24.27 Bn | 1.05 Bn | 53.28% |
| 9 | Vivmark Residential | 23.62 Bn | 23.59 Bn | - | - |
| 10 | Essex Property Trust | 17.89 Bn | 17.82 Bn | - | 36.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.67% |
| Mar 31, 2026 | 45.11% |
| Dec 31, 2025 | -0.97% |
| Sep 30, 2025 | 34.40% |
| Jun 30, 2025 | 28.46% |
| Mar 31, 2025 | 28.45% |
| Dec 31, 2024 | 10.46% |
| Sep 30, 2024 | 27.57% |
| Jun 30, 2024 | 54.57% |
| Mar 31, 2024 | 41.53% |
| Dec 31, 2023 | 25.20% |
| Sep 30, 2023 | 40.86% |
| Jun 30, 2023 | 47.97% |
| Mar 31, 2023 | 42.47% |
| Dec 31, 2022 | 17.70% |
| Sep 30, 2022 | -78.42% |
| Jun 30, 2022 | 19.87% |
| Mar 31, 2022 | 15.55% |
| Dec 31, 2021 | -96.87% |
| Sep 30, 2021 | 4.81% |
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_KEY
import 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();