KPIs & Operating Metrics(New)

Extra Space Storage (EXR) Tax Rate (2016 - 2025)

Extra Space Storage (EXR) has disclosed Tax Rate for 17 consecutive years, with 3.62% as the latest value for Q4 2025.

  • On a quarterly basis, Tax Rate rose 134.0% to 3.62% in Q4 2025 year-over-year; TTM through Dec 2025 was 4.42%, a 49.0% increase, with the full-year FY2025 number at 4.42%, up 49.0% from a year prior.
  • Tax Rate was 3.62% for Q4 2025 at Extra Space Storage, down from 7.43% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 7.43% in Q3 2025 to a low of 1.43% in Q4 2021.
  • A 5-year average of 3.26% and a median of 3.02% in 2022 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: plummeted -89bps in 2021, then surged 236bps in 2024.
  • Extra Space Storage's Tax Rate stood at 1.43% in 2021, then surged by 77bps to 2.53% in 2022, then decreased by -21bps to 2.01% in 2023, then rose by 14bps to 2.28% in 2024, then skyrocketed by 59bps to 3.62% in 2025.
  • Per Business Quant, the three most recent readings for EXR's Tax Rate are 3.62% (Q4 2025), 7.43% (Q3 2025), and 4.51% (Q2 2025).