Extra Space Storage (EXR) Payout Ratio (2009 - 2026)
Extra Space Storage's (EXR) quarterly Payout Ratio came in at 1.32 in Q2 2026, down 5.55% year-over-year from 1.4 in Q2 2025, and down 9.07% quarter-over-quarter from 1.45 in Q1 2026.
Analysis
Extra Space Storage (EXR) Payout Ratio (2009 - 2026) Analysis & Trends
Extra Space Storage (EXR) has reported Payout Ratio for 18 consecutive years, with 1.32 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payout Ratio fell 5.55% year-over-year to 1.32 in Q2 2026; TTM through Jun 2026 was 1.55, a 6.41% increase from a year earlier, with the FY2025 full-year figure at 1.53, down 8.94% from the prior year.
- Payout Ratio was 1.32 for Q2 2026 at Extra Space Storage, down from 1.45 in the prior quarter.
- Over five years, Payout Ratio peaked at 2.31 in Q3 2025 and troughed at 0.85 in Q2 2022.
- A 5-year average of 1.39 and a median of 1.36 in 2024 frame the typical range for Payout Ratio.
- Across the five-year window, Payout Ratio soared 78.0% in 2024 and dropped 27.6% in 2025, its largest moves.
- Over 5 years, Payout Ratio stood at 0.96 in 2022, then jumped by 68.22% to 1.62 in 2023, then dropped by 18.08% to 1.33 in 2024, then advanced by 7.99% to 1.43 in 2025, then slipped by 8.08% to 1.32 in 2026.
- The last three Payout Ratio figures came in at 1.32 (Q2 2026), 1.45 (Q1 2026), and 1.43 (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 | 1.32 |
| Mar 31, 2026 | 1.45 |
| Dec 31, 2025 | 1.43 |
| Sep 30, 2025 | 2.31 |
| Jun 30, 2025 | 1.40 |
| Mar 31, 2025 | 1.30 |
| Dec 31, 2024 | 1.33 |
| Sep 30, 2024 | 1.99 |
| Jun 30, 2024 | 1.93 |
| Mar 31, 2024 | 1.65 |
| Dec 31, 2023 | 1.62 |
| Sep 30, 2023 | 1.44 |
| Jun 30, 2023 | 1.08 |
| Mar 31, 2023 | 1.11 |
| Dec 31, 2022 | 0.96 |
| Sep 30, 2022 | 0.89 |
| Jun 30, 2022 | 0.85 |
| Mar 31, 2022 | 0.97 |
| Dec 31, 2021 | 0.61 |
| Sep 30, 2021 | 0.87 |