Extra Space Storage (EXR) Tax Rate (2009 - 2026)
Extra Space Storage (EXR) reported Tax Rate of 4.36% for Q1 2026, up 108.0% year-over-year from 2.1% in Q1 2025, and up 20.54% quarter-over-quarter 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.
- Tax Rate for Q1 2026 came in at 4.36%, up 108.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.74% (up 82.0% YoY), and the FY2025 annual result was 4.42%, up 49.0% from the prior year.
- Tax Rate advanced to 4.36% in Q1 2026 per EXR's latest filing, from 3.62% 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 3.51% and a median of 3.12% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2024: Tax Rate tumbled 89 bps in 2022, then surged 236 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 2.53% in 2022, then dropped by 21 bps to 2.01% in 2023, then advanced by 14 bps to 2.28% in 2024, then soared by 59 bps to 3.62% in 2025, then increased by 21 bps to 4.36% in 2026.
- Business Quant data shows EXR's Tax Rate at 4.36% in Q1 2026, 3.62% in Q4 2025, and 7.43% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 130.63 Bn | 133.96 Bn | 2.24 Bn | -3.97 |
| 2 | Public Storage | 55.83 Bn | 55.80 Bn | 1.18 Bn | 0.30 |
| 3 | Extra Space Storage | 30.65 Bn | 31.49 Bn | -204.61 Mn | 4.36 |
| 4 | Eastgroup Properties | 10.66 Bn | 10.66 Bn | 190.03 Mn | - |
| 5 | Lineage | 9.39 Bn | 10.29 Bn | 417.00 Mn | -8.51 |
| 6 | CubeSmart | 9.24 Bn | 9.27 Bn | 191.86 Mn | - |
| 7 | Rexford Industrial Realty | 7.56 Bn | 7.94 Bn | - | - |
| 8 | STAG Industrial | 7.23 Bn | 7.30 Bn | - | - |
| 9 | Terreno Realty | 6.74 Bn | 6.74 Bn | - | - |
| 10 | Americold Realty Trust | 4.04 Bn | 4.04 Bn | 195.51 Mn | -14.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.36% |
| Mar 31, 2026 | 4.36% |
| Dec 31, 2025 | 3.62% |
| Dec 31, 2025 | 3.62% |
| Sep 30, 2025 | 7.43% |
| Sep 30, 2025 | 7.43% |
| Jun 30, 2025 | 4.51% |
| Jun 30, 2025 | 4.51% |
| Mar 31, 2025 | 3.28% |
| Mar 31, 2025 | 3.28% |
| Dec 31, 2024 | 2.28% |
| Dec 31, 2024 | 2.28% |
| Sep 30, 2024 | 5.91% |
| Sep 30, 2024 | 5.91% |
| Jun 30, 2024 | 5.24% |
| Jun 30, 2024 | 5.24% |
| Mar 31, 2024 | 3.12% |
| Mar 31, 2024 | 3.12% |
| Dec 31, 2023 | 2.01% |
| Dec 31, 2023 | 2.01% |