KPIs & Operating Metrics(New)

Extra Space Storage (EXR) Operating Leases (2019 - 2025)

Extra Space Storage (EXR) has disclosed Operating Leases for 7 consecutive years, with $761.1 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Leases rose 7.83% to $761.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $761.1 million, a 7.83% increase, with the full-year FY2025 number at $761.1 million, up 7.83% from a year prior.
  • Operating Leases was $761.1 million for Q4 2025 at Extra Space Storage, up from $742.8 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $761.1 million in Q4 2025 to a low of $228.3 million in Q2 2023.
  • A 5-year average of $367.3 million and a median of $238.4 million in 2021 define the central range for Operating Leases.
  • Peak YoY movement for Operating Leases: fell 12.35% in 2021, then surged 202.87% in 2025.
  • Extra Space Storage's Operating Leases stood at $233.4 million in 2021, then fell by 1.85% to $229.0 million in 2022, then rose by 3.27% to $236.5 million in 2023, then soared by 198.44% to $705.8 million in 2024, then increased by 7.83% to $761.1 million in 2025.
  • Per Business Quant, the three most recent readings for EXR's Operating Leases are $761.1 million (Q4 2025), $742.8 million (Q2 2025), and $704.7 million (Q1 2025).