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| Date | Value |
|---|---|
| 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% |