KPIs & Operating Metrics(New)

Extra Space Storage (EXR) Tax Rate (2016 - 2026)

Extra Space Storage (EXR) has disclosed Tax Rate for 18 consecutive years, with 4.36% as the latest value for Q1 2026.

  • For Q1 2026, Tax Rate rose 108.0% year-over-year to 4.36%; the TTM value through Mar 2026 reached 4.74%, up 82.0%, while the annual FY2025 figure was 4.42%, 49.0% up from the prior year.
  • Tax Rate hit 4.36% in Q1 2026 for Extra Space Storage, up from 3.62% in the prior quarter.
  • Across five years, Tax Rate topped out at 7.43% in Q3 2025 and bottomed at 1.48% in Q1 2022.
  • Average Tax Rate over 5 years is 3.51%, with a median of 3.12% recorded in 2024.
  • Year-over-year, Tax Rate crashed -89bps in 2022 and then skyrocketed 236bps in 2024.
  • Extra Space Storage's Tax Rate stood at 2.53% in 2022, then dropped by -21bps to 2.01% in 2023, then increased by 14bps to 2.28% in 2024, then soared by 59bps to 3.62% in 2025, then increased by 21bps to 4.36% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods came in at 4.36%, 3.62%, and 7.43% for Q1 2026, Q4 2025, and Q3 2025 respectively.