Extra Space Storage (EXR) Operating Income (2009 - 2026)
Extra Space Storage (EXR) recorded Operating Income of $391.87 million in Q3 2026, up 40.4% from $279.12 million a year earlier but down 0.1% from the prior quarter.
Extra Space Storage (EXR) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Extra Space Storage's Operating Income came in at $1.52 billion as of Sep 30, 2026, up 7.1% year-over-year; for FY2025, it came in at $1.41 billion, up 6.8% from FY2024.
- Annual Operating Income has increased for seven straight years, with a five-year compound annual growth rate of 16.2% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $1.32 billion in FY2024 (+13.1%), $1.17 billion in FY2023 (+11.4%), $1.05 billion in FY2022 (+7.6%) and $975.95 million in FY2021 (+46.5%).
- Quarterly Operating Income has ranged from $235.31 million in Q1 2022 to $392.18 million in Q2 2026 over the past five years.
- On a year-over-year basis, Operating Income rose in five of the last eight quarters, with growth averaging 10.3%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 59.3% in Q4 2021, against a decline of 13.5% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $392.18 million (Q2 2026), $367.55 million (Q1 2026) and $370.87 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 175.33 Bn | 162.40 Bn | 1.47 Bn | 337.95 Mn |
| 2 | Prologis | 123.26 Bn | 121.65 Bn | - | 1.04 Bn |
| 3 | Simon Property | 76.07 Bn | 73.28 Bn | - | 824.10 Mn |
| 4 | Public Storage | 62.23 Bn | 61.68 Bn | - | 316.96 Mn |
| 5 | Realty Income | 54.52 Bn | 55.13 Bn | - | - |
| 6 | Ventas | 45.86 Bn | 45.03 Bn | - | - |
| 7 | Extra Space Storage | 32.95 Bn | 32.73 Bn | 650.96 Mn | 391.87 Mn |
| 8 | Vici Properties | 27.52 Bn | 25.87 Bn | 1.06 Bn | 556.22 Mn |
| 9 | Vivmark Residential | 23.32 Bn | 23.29 Bn | - | - |
| 10 | Host Hotels & Resorts | 17.52 Bn | 12.78 Bn | 609.00 Mn | 293.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 391.87 Mn |
| Jun 30, 2026 | 392.18 Mn |
| Mar 31, 2026 | 367.55 Mn |
| Dec 31, 2025 | 370.87 Mn |
| Sep 30, 2025 | 279.12 Mn |
| Jun 30, 2025 | 373.97 Mn |
| Mar 31, 2025 | 388.73 Mn |
| Dec 31, 2024 | 380.03 Mn |
| Sep 30, 2024 | 302.74 Mn |
| Jun 30, 2024 | 304.76 Mn |
| Mar 31, 2024 | 335.83 Mn |
| Dec 31, 2023 | 333.47 Mn |
| Sep 30, 2023 | 299.79 Mn |
| Jun 30, 2023 | 273.34 Mn |
| Mar 31, 2023 | 263.54 Mn |
| Dec 31, 2022 | 269.57 Mn |
| Sep 30, 2022 | 269.86 Mn |
| Jun 30, 2022 | 275.67 Mn |
| Mar 31, 2022 | 235.31 Mn |
| Dec 31, 2021 | 311.77 Mn |
Extra Space Storage Operating Income 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=operating-income&ticker=EXR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=EXR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();