Extra Space Storage (EXR) Net Margin (2009 - 2026)
Extra Space Storage (EXR) reported Net Margin of 30.14% for Q2 2026, up 0.47 percentage points from 29.67% a year earlier and up 1.99 percentage points from the prior quarter.
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Analysis
Extra Space Storage (EXR) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Extra Space Storage's Net Margin came in at 27.79%, down 1.72 percentage points year-over-year; for FY2025, it was 28.84%, up 2.60 percentage points from FY2024.
- Net Margin has a five-year change of -6.69 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 26.24% in FY2024 (-5.13 pp), 31.37% in FY2023 (-13.36 pp), 44.73% in FY2022 (-7.74 pp) and 52.47% in FY2021 (+16.95 pp).
- Five-year quarterly Net Margin spans a low of 19.34% in Q3 2025 and a high of 62.81% in Q4 2021.
- Year over year, Net Margin gained in five of the last eight quarters, with an average year-over-year change of +1.16 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2021 (a gain of 18.66 percentage points); the low point was Q4 2022 (a drop of 22.50 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 28.15% (Q1 2026), 33.52% (Q4 2025) and 19.34% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.90 Bn | 150.42 Bn | 1.39 Bn | 12.55% |
| 2 | Prologis | 123.74 Bn | 128.13 Bn | - | 43.74% |
| 3 | Simon Property | 66.68 Bn | 67.94 Bn | - | 170.16% |
| 4 | Realty Income | 52.20 Bn | 54.59 Bn | - | 22.22% |
| 5 | Public Storage | 50.15 Bn | 49.24 Bn | - | 36.52% |
| 6 | Ventas | 44.59 Bn | 43.78 Bn | - | 4.08% |
| 7 | Extra Space Storage | 28.21 Bn | 28.21 Bn | 642.43 Mn | 30.14% |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 49.74% |
| 9 | Vivmark Residential | 23.00 Bn | 23.19 Bn | - | - |
| 10 | Invitation Homes | 15.69 Bn | 15.73 Bn | - | 29.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.14% |
| Mar 31, 2026 | 28.15% |
| Dec 31, 2025 | 33.52% |
| Sep 30, 2025 | 19.34% |
| Jun 30, 2025 | 29.67% |
| Mar 31, 2025 | 33.03% |
| Dec 31, 2024 | 31.94% |
| Sep 30, 2024 | 23.42% |
| Jun 30, 2024 | 22.93% |
| Mar 31, 2024 | 26.65% |
| Dec 31, 2023 | 27.09% |
| Sep 30, 2023 | 25.18% |
| Jun 30, 2023 | 39.58% |
| Mar 31, 2023 | 39.02% |
| Dec 31, 2022 | 40.31% |
| Sep 30, 2022 | 44.24% |
| Jun 30, 2022 | 48.87% |
| Mar 31, 2022 | 45.90% |
| Dec 31, 2021 | 62.81% |
| Sep 30, 2021 | 45.64% |
API Access
Extra Space Storage Net Margin 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=net-margin&ticker=EXR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=EXR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();