Extra Space Storage (EXR) Net Margin (2009 - 2026)
Extra Space Storage's (EXR) quarterly Net Margin came in at 29.68% in Q2 2026, up 40.0% year-over-year from 21.2% in Q2 2025, and up 7.45% quarter-over-quarter from 27.62% in Q1 2026.
Analysis
Extra Space Storage (EXR) Net Margin (2009 - 2026) Analysis & Trends
Extra Space Storage (EXR) has reported Net Margin for 18 consecutive years, with 29.68% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 40.0% year-over-year to 29.68% in Q2 2026; TTM through Jun 2026 was 25.64%, a 287.0% decrease from a year earlier, with the FY2025 full-year figure at 26.62%, up 147.0% from the prior year.
- Net Margin was 29.68% for Q2 2026 at Extra Space Storage, up from 27.62% in the prior quarter.
- Over five years, Net Margin peaked at 50.03% in Q2 2022 and troughed at 17.36% in Q3 2025.
- A 5-year average of 32.11% and a median of 29.48% in 2025 frame the typical range for Net Margin.
- Across the five-year window, Net Margin sank 2321 bps in 2022 and soared 730 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 41.14% in 2022, then plunged by 36 bps to 26.47% in 2023, then advanced by 19 bps to 31.52% in 2024, then declined by 12 bps to 27.85% in 2025, then rose by 7 bps to 29.68% in 2026.
- The last three Net Margin figures came in at 29.68% (Q2 2026), 27.62% (Q1 2026), and 27.85% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Public Storage | 51.84 Bn | 51.58 Bn | 1.20 Bn | 36.52% |
| 2 | Extra Space Storage | 28.88 Bn | 28.88 Bn | 642.43 Mn | 29.68% |
| 3 | CubeSmart | 8.88 Bn | 8.88 Bn | 190.47 Mn | -0.18% |
| 4 | SmartStop Self Storage REIT | 1.77 Bn | 1.73 Bn | 47.65 Mn | 14.19% |
| 5 | Global Self Storage | 57.63 Mn | 57.63 Mn | - | 15.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.68% |
| Mar 31, 2026 | 27.62% |
| Dec 31, 2025 | 27.85% |
| Sep 30, 2025 | 17.36% |
| Jun 30, 2025 | 29.28% |
| Mar 31, 2025 | 32.32% |
| Dec 31, 2024 | 31.52% |
| Sep 30, 2024 | 20.97% |
| Jun 30, 2024 | 21.98% |
| Mar 31, 2024 | 26.15% |
| Dec 31, 2023 | 26.47% |
| Sep 30, 2023 | 24.57% |
| Jun 30, 2023 | 39.51% |
| Mar 31, 2023 | 39.47% |
| Dec 31, 2022 | 41.14% |
| Sep 30, 2022 | 45.09% |
| Jun 30, 2022 | 50.03% |
| Mar 31, 2022 | 47.03% |
| Dec 31, 2021 | 64.35% |
| Sep 30, 2021 | 46.44% |