Extra Space Storage (EXR) Return on Invested Capital [ROIC] (2010 - 2026)
Extra Space Storage's Return on Invested Capital [ROIC] was 4.87% in Q2 2026, down 0.20 percentage points from 5.06% a year earlier but up 0.04 percentage points from the prior quarter.
Extra Space Storage (EXR) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Extra Space Storage came in at 4.93%, up 0.19 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -3.13 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 4.74% in FY2024 (-1.28 pp), 6.02% in FY2023 (-3.68 pp), 9.70% in FY2022 (-0.64 pp) and 10.34% in FY2021 (+2.28 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between 4.30% (Q4 2023) and 10.19% (Q4 2021) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in five of the last eight quarters, with an average year-over-year change of +0.05 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q4 2021 (a gain of 2.16 percentage points); the worst was Q4 2023 (a drop of 4.83 percentage points).
- Per Business Quant data, EXR's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 4.83% (Q1 2026), 4.91% (Q4 2025) and 4.96% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 0.65% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 4.98% |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 9.67% |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 2.59% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 3.56% |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 9.63% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 9.75% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | 0.37% |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 5.30% |
| 10 | Vici Properties | 27.54 Bn | 26.32 Bn | 1.06 Bn | 6.86% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.30% |
| Jun 30, 2026 | 4.87% |
| Mar 31, 2026 | 4.83% |
| Dec 31, 2025 | 4.91% |
| Sep 30, 2025 | 4.96% |
| Jun 30, 2025 | 5.06% |
| Mar 31, 2025 | 4.85% |
| Dec 31, 2024 | 4.66% |
| Sep 30, 2024 | 4.46% |
| Jun 30, 2024 | 4.50% |
| Mar 31, 2024 | 4.45% |
| Dec 31, 2023 | 4.20% |
| Sep 30, 2023 | 5.52% |
| Jun 30, 2023 | 9.01% |
| Mar 31, 2023 | 8.83% |
| Dec 31, 2022 | 8.54% |
| Sep 30, 2022 | 9.50% |
| Jun 30, 2022 | 9.79% |
| Mar 31, 2022 | 9.30% |
| Dec 31, 2021 | 9.81% |
Extra Space Storage Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=EXR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=EXR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();