Extra Space Storage (EXR) Gross Margin (2009 - 2026)
Extra Space Storage (EXR) reported Gross Margin of 607.24% for Q1 2026, down 67997.0% year-over-year from N/an in Q1 2025, and down 4.53% quarter-over-quarter from 580.94% in Q4 2025.
Extra Space Storage (EXR) Gross Margin (2009 - 2026) Analysis & Trends
Extra Space Storage (EXR) has 18 years of Gross Margin data on file, last reported at 607.24% in Q1 2026.
- Gross Margin for Q1 2026 came in at 607.24%, down 67997.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.64% (down 395.0% YoY), and the FY2025 annual result was 609.13%, down 2106.0% from the prior year.
- Gross Margin retreated to 607.24% in Q1 2026 per EXR's latest filing, from 580.94% in the prior quarter.
- Over five years, Gross Margin peaked at 78.05% in Q2 2022 and troughed at 614.02% in Q4 2024.
- A 5-year average of 227.49% and a median of 72.57% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 68957 bps in 2024, then soared 67210 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 77.71% in 2022, then retreated by 3 bps to 75.55% in 2023, then sank by 913 bps to 614.02% in 2024, then gained by 5 bps to 580.94% in 2025, then slipped by 5 bps to 607.24% in 2026.
- Business Quant data shows EXR's Gross Margin at 607.24% in Q1 2026, 580.94% in Q4 2025, and 72.57% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 130.63 Bn | 133.96 Bn | 2.24 Bn | 99.29% |
| 2 | Public Storage | 55.83 Bn | 55.80 Bn | 1.18 Bn | 97.19% |
| 3 | Extra Space Storage | 30.65 Bn | 31.49 Bn | -204.61 Mn | -607.24% |
| 4 | Eastgroup Properties | 10.66 Bn | 10.66 Bn | 190.03 Mn | 99.88% |
| 5 | Lineage | 9.39 Bn | 10.29 Bn | 417.00 Mn | 32.15% |
| 6 | CubeSmart | 9.24 Bn | 9.27 Bn | 191.86 Mn | 68.05% |
| 7 | Rexford Industrial Realty | 7.56 Bn | 7.94 Bn | - | - |
| 8 | STAG Industrial | 7.23 Bn | 7.30 Bn | - | - |
| 9 | Terreno Realty | 6.74 Bn | 6.74 Bn | - | - |
| 10 | Americold Realty Trust | 4.04 Bn | 4.04 Bn | 195.51 Mn | 31.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -607.24% |
| Dec 31, 2025 | -580.94% |
| Sep 30, 2025 | 72.57% |
| Jun 30, 2025 | -610.38% |
| Mar 31, 2025 | 72.73% |
| Dec 31, 2024 | -614.02% |
| Sep 30, 2024 | -599.53% |
| Jun 30, 2024 | -559.46% |
| Mar 31, 2024 | 74.42% |
| Dec 31, 2023 | 75.55% |
| Sep 30, 2023 | -560.96% |
| Jun 30, 2023 | -416.24% |
| Mar 31, 2023 | 76.71% |
| Dec 31, 2022 | 77.71% |
| Sep 30, 2022 | 77.03% |
| Jun 30, 2022 | 78.05% |
| Mar 31, 2022 | 76.66% |
| Dec 31, 2021 | 77.94% |
| Sep 30, 2021 | -449.76% |
| Jun 30, 2021 | 76.45% |