Extra Space Storage (EXR) Gross Margin (2009 - 2026)

Extra Space Storage's (EXR) quarterly Gross Margin came in at 72.16% in Q1 2026, up 69561.0% year-on-year from N/an in Q1 2025, and down 34.21% on a QoQ basis from 109.68% 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 72.16% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 69561.0% year-over-year to 72.16% in Q1 2026; TTM through Mar 2026 was 163.46%, a 15668.0% increase from a year earlier, with the FY2025 full-year figure at 609.13%, down 68359.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 72.16%, down from 109.68% in the prior quarter.
  • Over the last five years, Gross Margin for EXR reached as high as 109.68% in Q4 2025 and fell as low as 623.73% in Q3 2025.
  • Historically, Gross Margin has averaged 285.64% across 5 years, with a median of 433.28% in 2022.
  • Across the five-year window, Gross Margin slumped 69787 bps in 2025 and jumped 69561 bps in 2026, its largest moves.
  • Year by year, Gross Margin stood at 433.28% in 2022, then decreased by 25 bps to 542.06% in 2023, then jumped by 113 bps to 73.1% in 2024, then jumped by 50 bps to 109.68% in 2025, then tumbled by 34 bps to 72.16% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 72.16% in Q1 2026, 109.68% in Q4 2025, and 623.73% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Prologis 134.75 Bn 139.31 Bn 2.24 Bn 99.29%
2 Public Storage 55.31 Bn 55.27 Bn 1.18 Bn 97.19%
3 Extra Space Storage 30.66 Bn 31.49 Bn 617.72 Mn 72.16%
4 Eastgroup Properties 11.49 Bn 11.49 Bn 193.10 Mn 99.88%
5 CubeSmart 9.34 Bn 9.36 Bn 191.86 Mn 68.05%
6 Lineage 9.30 Bn 9.23 Bn 417.00 Mn 32.15%
7 Rexford Industrial Realty 8.22 Bn 8.54 Bn - -
8 STAG Industrial 7.73 Bn 7.81 Bn - -
9 Terreno Realty 7.56 Bn 7.56 Bn - -
10 Americold Realty Trust 4.04 Bn 4.04 Bn 195.51 Mn 31.04%

Historic Data

Download Data
DateValue
Mar 31, 2026 72.16%
Dec 31, 2025 109.68%
Sep 30, 2025 -623.73%
Jun 30, 2025 -610.38%
Mar 31, 2025 -623.45%
Dec 31, 2024 73.10%
Sep 30, 2024 -599.53%
Jun 30, 2024 -559.46%
Mar 31, 2024 74.42%
Dec 31, 2023 -542.06%
Sep 30, 2023 -560.96%
Jun 30, 2023 -416.24%
Mar 31, 2023 -447.91%
Dec 31, 2022 -433.28%
Sep 30, 2022 77.03%
Jun 30, 2022 78.05%
Mar 31, 2022 76.66%
Dec 31, 2021 -397.74%
Sep 30, 2021 77.50%
Jun 30, 2021 -502.56%