Extra Space Storage (EXR) Tax Rate (2009 - 2026)
Extra Space Storage (EXR) posted quarterly Tax Rate of 4.45% for Q2 2026, down 6.0% year-over-year from 4.73% in Q2 2025, and up 1.87% on a QoQ basis from 4.36% in Q1 2026.
Extra Space Storage (EXR) Tax Rate (2009 - 2026) Analysis & Trends
Extra Space Storage has reported Tax Rate for 18 years, with the latest figure at 4.45% in Q2 2026.
- Tax Rate for Q2 2026 came in at 4.45%, down 6.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 4.72% (up 90.0% YoY), and the FY2025 annual result was 4.42%, up 49.0% from the prior year.
- Tax Rate rose to 4.45% in Q2 2026, from 4.36% in the prior quarter.
- Over five years, Tax Rate peaked at 7.43% in Q3 2025 and troughed at 1.48% in Q1 2022.
- A 5-year average of 3.56% and a median of 3.2% in 2024 frame the typical range for Tax Rate.
- The widest annual swing landed in 2022, when Tax Rate tumbled 89 bps; it then soared 236 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 2.53% in 2022, then declined by 21 bps to 2.01% in 2023, then climbed by 14 bps to 2.28% in 2024, then jumped by 59 bps to 3.62% in 2025, then climbed by 23 bps to 4.45% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 4.45% in Q2 2026, 4.36% in Q1 2026, and 3.62% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.96 Bn | 131.96 Bn | 2.41 Bn | 8.78% |
| 2 | Public Storage | 56.63 Bn | 56.37 Bn | 1.20 Bn | 0.54% |
| 3 | Extra Space Storage | 30.94 Bn | 30.94 Bn | 642.43 Mn | 4.45% |
| 4 | Eastgroup Properties | 10.77 Bn | 10.77 Bn | 193.10 Mn | - |
| 5 | Lineage | 9.48 Bn | 9.42 Bn | 425.00 Mn | 3.03% |
| 6 | CubeSmart | 9.27 Bn | 9.27 Bn | 190.47 Mn | - |
| 7 | Rexford Industrial Realty | 8.33 Bn | 8.33 Bn | - | - |
| 8 | Terreno Realty | 7.24 Bn | 7.24 Bn | - | - |
| 9 | STAG Industrial | 7.00 Bn | 7.00 Bn | - | - |
| 10 | Americold Realty Trust | 4.37 Bn | 4.33 Bn | 212.69 Mn | -7.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.45% |
| Jun 30, 2026 | 4.45% |
| Jun 30, 2026 | 4.45% |
| Mar 31, 2026 | 4.36% |
| Mar 31, 2026 | 4.36% |
| Mar 31, 2026 | 4.36% |
| Dec 31, 2025 | 3.62% |
| Dec 31, 2025 | 3.62% |
| Dec 31, 2025 | 3.62% |
| Sep 30, 2025 | 7.43% |
| Sep 30, 2025 | 7.43% |
| Sep 30, 2025 | 7.43% |
| Jun 30, 2025 | 4.51% |
| Jun 30, 2025 | 4.51% |
| Jun 30, 2025 | 4.51% |
| Mar 31, 2025 | 3.28% |
| Mar 31, 2025 | 3.28% |
| Mar 31, 2025 | 3.28% |
| Dec 31, 2024 | 2.28% |
| Dec 31, 2024 | 2.28% |