Extra Space Storage (EXR) Net Margin (2009 - 2026)
Extra Space Storage (EXR) posted quarterly Net Margin of 29.68% for Q2 2026, up 40.0% year-over-year from 21.2% in Q2 2025, and up 7.45% on a QoQ basis from 27.62% in Q1 2026.
Extra Space Storage (EXR) Net Margin (2009 - 2026) Analysis & Trends
Extra Space Storage has reported Net Margin for 18 years, with the latest figure at 29.68% in Q2 2026.
- Net Margin for Q2 2026 came in at 29.68%, up 40.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 25.64% (down 287.0% YoY), and the FY2025 annual result was 26.62%, up 147.0% from the prior year.
- Net Margin rose to 29.68% in Q2 2026, 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.
- The widest annual swing landed in 2022, when Net Margin plunged 2321 bps; it then surged 730 bps in 2025.
- A 5-year view of Net Margin shows it stood at 41.14% in 2022, then slumped by 36 bps to 26.47% in 2023, then grew by 19 bps to 31.52% in 2024, then retreated by 12 bps to 27.85% in 2025, then advanced by 7 bps to 29.68% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 29.68% in Q2 2026, 27.62% in Q1 2026, and 27.85% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.18 Bn | 131.18 Bn | 2.41 Bn | 43.74% |
| 2 | Public Storage | 56.71 Bn | 56.45 Bn | 1.20 Bn | 36.52% |
| 3 | Extra Space Storage | 31.13 Bn | 31.13 Bn | 642.43 Mn | 29.68% |
| 4 | Eastgroup Properties | 10.82 Bn | 10.82 Bn | 193.10 Mn | 39.06% |
| 5 | Lineage | 9.47 Bn | 9.41 Bn | 425.00 Mn | -2.35% |
| 6 | CubeSmart | 9.34 Bn | 9.34 Bn | 190.47 Mn | -0.18% |
| 7 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | -206.47% |
| 8 | Terreno Realty | 7.29 Bn | 7.29 Bn | - | 45.96% |
| 9 | STAG Industrial | 6.97 Bn | 6.97 Bn | - | 23.57% |
| 10 | Americold Realty Trust | 4.33 Bn | 4.29 Bn | 212.69 Mn | -52.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.68% |
| Mar 31, 2026 | 27.62% |
| Dec 31, 2025 | -9.99% |
| Sep 30, 2025 | 457.96% |
| Jun 30, 2025 | 769.09% |
| Mar 31, 2025 | 857.45% |
| Dec 31, 2024 | 31.52% |
| Sep 30, 2024 | 578.84% |
| Jun 30, 2024 | 596.68% |
| Mar 31, 2024 | 26.15% |
| Dec 31, 2023 | 695.18% |
| Sep 30, 2023 | 656.03% |
| Jun 30, 2023 | 909.93% |
| Mar 31, 2023 | 928.61% |
| Dec 31, 2022 | 984.17% |
| Sep 30, 2022 | 45.09% |
| Jun 30, 2022 | 50.03% |
| Mar 31, 2022 | 47.03% |
| Dec 31, 2021 | 1,451.82% |
| Sep 30, 2021 | 46.44% |