Extra Space Storage (EXR) Tax Rate (2009 - 2026)
Extra Space Storage's (EXR) quarterly Tax Rate came in at 4.36% in Q1 2026, up 108.0% year-on-year from 2.1% in Q1 2025, and up 20.54% on a QoQ basis from 3.62% in Q4 2025.
Extra Space Storage (EXR) Tax Rate (2009 - 2026) Analysis & Trends
Extra Space Storage (EXR) has 18 years of Tax Rate data on file, last reported at 4.36% in Q1 2026.
- On a quarterly basis, Tax Rate rose 108.0% year-over-year to 4.36% in Q1 2026; TTM through Mar 2026 was 4.74%, a 82.0% increase from a year earlier, with the FY2025 full-year figure at 4.42%, up 49.0% from the prior year.
- Tax Rate for Q1 2026 stood at 4.36%, up from 3.62% in the prior quarter.
- Over the last five years, Tax Rate for EXR reached as high as 7.43% in Q3 2025 and fell as low as 1.48% in Q1 2022.
- Historically, Tax Rate has averaged 3.51% across 5 years, with a median of 3.12% in 2024.
- Across the five-year window, Tax Rate sank 89 bps in 2022 and soared 236 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 2.53% in 2022, then retreated by 21 bps to 2.01% in 2023, then increased by 14 bps to 2.28% in 2024, then soared by 59 bps to 3.62% in 2025, then advanced by 21 bps to 4.36% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 4.36% in Q1 2026, 3.62% in Q4 2025, and 7.43% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 134.75 Bn | 139.31 Bn | 2.24 Bn | 5.28% |
| 2 | Public Storage | 55.31 Bn | 55.27 Bn | 1.18 Bn | 0.30% |
| 3 | Extra Space Storage | 30.66 Bn | 31.49 Bn | 617.72 Mn | 4.36% |
| 4 | Eastgroup Properties | 11.49 Bn | 11.49 Bn | 193.10 Mn | - |
| 5 | CubeSmart | 9.34 Bn | 9.36 Bn | 191.86 Mn | - |
| 6 | Lineage | 9.30 Bn | 9.23 Bn | 417.00 Mn | -8.51% |
| 7 | Rexford Industrial Realty | 8.22 Bn | 8.54 Bn | - | - |
| 8 | STAG Industrial | 7.73 Bn | 7.81 Bn | - | - |
| 9 | Terreno Realty | 7.56 Bn | 7.56 Bn | - | - |
| 10 | Americold Realty Trust | 4.04 Bn | 4.04 Bn | 195.51 Mn | 32.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | 2.28% |
| Sep 30, 2024 | 5.91% |
| Sep 30, 2024 | 5.91% |