Extra Space Storage (EXR) Gross Margin (2009 - 2025)
Extra Space Storage (EXR) reported Gross Margin of 609.13% for FY2025, down 3.58% year-over-year from 588.07% in FY2024.
Extra Space Storage (EXR) Gross Margin (2009 - 2025) Analysis & Trends
Extra Space Storage (EXR) has 17 years of Gross Margin data on file, last reported at 609.13% in FY2025.
- 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 609.13% in FY2025 per EXR's latest filing, from 588.07% in the prior year.
- Over five years, Gross Margin peaked at 77.38% in FY2022 and troughed at 609.13% in FY2025.
- A 5-year average of 193.42% and a median of 76.09% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2021 and 2024: Gross Margin jumped 66841 bps in 2021, then slumped 66416 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 76.63% in 2021, then increased by 1 bps to 77.38% in 2022, then fell by 2 bps to 76.09% in 2023, then tumbled by 873 bps to 588.07% in 2024, then retreated by 4 bps to 609.13% in 2025.
- Business Quant data shows EXR's Gross Margin at 609.13% in FY2025, 588.07% in FY2024, and 76.09% in FY2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Yr) |
|---|---|---|---|---|---|
| 1 | Prologis | 130.63 Bn | 133.96 Bn | 2.24 Bn | 99.48% |
| 2 | Public Storage | 55.83 Bn | 55.80 Bn | 1.18 Bn | - |
| 3 | Extra Space Storage | 30.65 Bn | 31.49 Bn | -204.61 Mn | - |
| 4 | Eastgroup Properties | 10.66 Bn | 10.66 Bn | 190.03 Mn | - |
| 5 | Lineage | 9.39 Bn | 10.29 Bn | 417.00 Mn | - |
| 6 | CubeSmart | 9.24 Bn | 9.27 Bn | 191.86 Mn | - |
| 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 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -609.13% |
| Dec 31, 2024 | -588.07% |
| Dec 31, 2023 | 76.09% |
| Dec 31, 2022 | 77.38% |
| Dec 31, 2021 | 76.63% |
| Dec 31, 2020 | -591.77% |
| Dec 31, 2019 | -573.58% |
| Dec 31, 2018 | 75.62% |
| Dec 31, 2017 | 75.39% |
| Dec 31, 2016 | 74.79% |
| Dec 31, 2015 | 73.93% |
| Dec 31, 2014 | 73.36% |
| Dec 31, 2013 | 73.11% |
| Dec 31, 2012 | 72.15% |
| Dec 31, 2011 | 71.05% |
| Dec 31, 2010 | 69.39% |
| Dec 31, 2009 | 68.25% |