Extra Space Storage (EXR) Operating Leases (2019 - 2026)
Extra Space Storage (EXR) posted quarterly Operating Leases of $767.6 million for Q2 2026, up 3.33% year-over-year from $742.8 million in Q2 2025, and little changed on a QoQ basis from $769.7 million in Q1 2026.
Extra Space Storage (EXR) Operating Leases (2019 - 2026) Analysis & Trends
Extra Space Storage has reported Operating Leases for 8 years, with the latest figure at $767.6 million in Q2 2026.
- Operating Leases for Q2 2026 came in at $767.6 million, up 3.33% year-over-year; the trailing twelve-month figure through Jun 2026 was $767.6 million (up 3.33% YoY), and the FY2025 annual result was $761.1 million, up 7.83% from the prior year.
- Operating Leases was little changed at $767.6 million in Q2 2026, 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.
- The widest annual swing landed in 2023, when Operating Leases declined 4.22%; it then surged 224.34% in 2025.
- A 5-year view of Operating Leases shows it stood at $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 advanced by 7.83% to $761.1 million in 2025, then grew by 0.85% to $767.6 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $767.6 million in Q2 2026, $769.7 million in Q1 2026, and $761.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Prologis | 131.18 Bn | 131.18 Bn | 2.41 Bn |
| 2 | Public Storage | 56.71 Bn | 56.45 Bn | 1.20 Bn |
| 3 | Extra Space Storage | 31.13 Bn | 31.13 Bn | 642.43 Mn |
| 4 | Eastgroup Properties | 10.82 Bn | 10.82 Bn | 193.10 Mn |
| 5 | Lineage | 9.47 Bn | 9.41 Bn | 425.00 Mn |
| 6 | CubeSmart | 9.34 Bn | 9.34 Bn | 190.47 Mn |
| 7 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - |
| 8 | Terreno Realty | 7.29 Bn | 7.29 Bn | - |
| 9 | STAG Industrial | 6.97 Bn | 6.97 Bn | - |
| 10 | Americold Realty Trust | 4.33 Bn | 4.29 Bn | 212.69 Mn |
Historic Data
Download 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 |