Extra Space Storage (EXR) Operating Leases (2019 - 2026)
Extra Space Storage's (EXR) quarterly Operating Leases came in at $767.6 million in Q2 2026, up 3.33% year-over-year from $742.8 million in Q2 2025, and little changed quarter-over-quarter from $769.7 million in Q1 2026.
Analysis
Extra Space Storage (EXR) Operating Leases (2019 - 2026) Analysis & Trends
Extra Space Storage (EXR) has reported Operating Leases for 8 consecutive years, with $767.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases rose 3.33% year-over-year to $767.6 million in Q2 2026; TTM through Jun 2026 was $767.6 million, a 3.33% increase from a year earlier, with the FY2025 full-year figure at $761.1 million, up 7.83% from the prior year.
- Operating Leases was $767.6 million for Q2 2026 at Extra Space Storage, roughly flat from $769.7 million in the prior quarter.
- Over five years, Operating Leases peaked at $769.7 million in Q1 2026 and troughed at $228.3 million in Q2 2023.
- A 5-year average of $459.1 million and a median of $242.6 million in 2022 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases fell 4.22% in 2023 and soared 224.34% in 2025, its largest moves.
- Over 5 years, Operating Leases stood at $229.0 million in 2022, then grew by 3.27% to $236.5 million in 2023, then jumped by 198.44% to $705.8 million in 2024, then rose by 7.83% to $761.1 million in 2025, then advanced by 0.85% to $767.6 million in 2026.
- The last three Operating Leases figures came in at $767.6 million (Q2 2026), $769.7 million (Q1 2026), and $761.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Public Storage | 53.04 Bn | 52.88 Bn | 1.20 Bn |
| 2 | Extra Space Storage | 29.41 Bn | 30.29 Bn | 642.43 Mn |
| 3 | CubeSmart | 8.91 Bn | 8.94 Bn | 190.47 Mn |
| 4 | SmartStop Self Storage REIT | 1.80 Bn | 1.86 Bn | 47.65 Mn |
| 5 | Global Self Storage | 59.62 Mn | 59.62 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 767.58 Mn |
| Mar 31, 2026 | 769.69 Mn |
| Dec 31, 2025 | 761.11 Mn |
| Sep 30, 2025 | 757.81 Mn |
| Jun 30, 2025 | 742.85 Mn |
| Mar 31, 2025 | 704.73 Mn |
| Dec 31, 2024 | 705.85 Mn |
| Sep 30, 2024 | 706.49 Mn |
| Jun 30, 2024 | 229.04 Mn |
| Mar 31, 2024 | 232.68 Mn |
| Dec 31, 2023 | 236.52 Mn |
| Sep 30, 2023 | 242.44 Mn |
| Jun 30, 2023 | 228.34 Mn |
| Mar 31, 2023 | 234.26 Mn |
| Dec 31, 2022 | 229.04 Mn |
| Sep 30, 2022 | 233.83 Mn |
| Jun 30, 2022 | 238.39 Mn |
| Mar 31, 2022 | 242.84 Mn |
| Dec 31, 2021 | 233.36 Mn |
| Sep 30, 2021 | 234.12 Mn |