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
DateValue
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%