Extra Space Storage (EXR) Invested Capital (2009 - 2026)
Extra Space Storage's Invested Capital was $27.82 billion in Q2 2026, up 0.9% from $27.58 billion a year earlier and up 1.6% from the prior quarter.
Extra Space Storage (EXR) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Invested Capital at Extra Space Storage came in at $27.55 billion, up 1.4% from FY2024.
- Invested Capital has now increased for 15 consecutive years, with a five-year compound annual growth rate of 26.0% (FY2020 to FY2025).
- In earlier years, Invested Capital was $27.18 billion in FY2024 (+2.8%), $26.43 billion in FY2023 (+131.7%), $11.41 billion in FY2022 (+17.1%) and $9.74 billion in FY2021 (+12.2%).
- The Q2 2026 figure marks the highest quarterly Invested Capital in data going back to Q4 2009.
- Compared with a year earlier, Invested Capital has increased for seven straight quarters, with growth averaging 1.9% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q3 2023 (growth of 139.7%); the worst was Q3 2024 (a decline of 0.1%).
- Per Business Quant data, EXR's Invested Capital in the three quarters before Q2 2026 was $27.38 billion (Q1 2026), $27.55 billion (Q4 2025) and $27.4 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 180.13 Bn | 167.20 Bn | 1.47 Bn | 65.35 Bn |
| 2 | Prologis | 122.20 Bn | 120.59 Bn | - | 97.17 Bn |
| 3 | Simon Property | 77.72 Bn | 74.92 Bn | - | 34.27 Bn |
| 4 | Public Storage | 63.62 Bn | 63.07 Bn | - | 27.21 Bn |
| 5 | Realty Income | 56.53 Bn | 57.91 Bn | - | 73.36 Bn |
| 6 | Ventas | 47.09 Bn | 46.25 Bn | - | 28.30 Bn |
| 7 | Extra Space Storage | 33.46 Bn | 33.24 Bn | 650.96 Mn | 27.17 Bn |
| 8 | Vici Properties | 27.75 Bn | 26.10 Bn | 1.06 Bn | 46.36 Bn |
| 9 | Vivmark Residential | 24.46 Bn | 24.43 Bn | - | 19.79 Bn |
| 10 | Essex Property Trust | 17.48 Bn | 17.40 Bn | - | 12.07 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.17 Bn |
| Jun 30, 2026 | 27.82 Bn |
| Mar 31, 2026 | 27.38 Bn |
| Dec 31, 2025 | 27.55 Bn |
| Sep 30, 2025 | 27.40 Bn |
| Jun 30, 2025 | 27.58 Bn |
| Mar 31, 2025 | 27.32 Bn |
| Dec 31, 2024 | 27.18 Bn |
| Sep 30, 2024 | 26.49 Bn |
| Jun 30, 2024 | 26.63 Bn |
| Mar 31, 2024 | 26.45 Bn |
| Dec 31, 2023 | 26.43 Bn |
| Sep 30, 2023 | 26.52 Bn |
| Jun 30, 2023 | 11.53 Bn |
| Mar 31, 2023 | 11.36 Bn |
| Dec 31, 2022 | 11.41 Bn |
| Sep 30, 2022 | 11.06 Bn |
| Jun 30, 2022 | 10.28 Bn |
| Mar 31, 2022 | 9.89 Bn |
| Dec 31, 2021 | 9.74 Bn |
Extra Space Storage Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=EXR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "EXR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=EXR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();