Extra Space Storage Inc

EXR Real Estate Reit Industrial

Extra Space Storage Inc’s revenue for fiscal 2025 (year ended December 2025) was $3.4 billion, up 3.70% from fiscal 2024. In the quarter to June 2026, revenue grew 3.87%, EPS grew 5.93%, free cash flow grew 60.4% and total debt rose 5.75%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for ten.

139.61 1.92 +1.39%
Market cap
$30.4B
P/E
30.8×
Fwd P/E
31.3×
Dividend yield
4.64%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Extra Space Storage Inc (EXR) Net margin

Alert me on Net margin

Extra Space Storage Inc's net margin over the twelve months to 30 June 2026 was 27.8%, down 1.0 percentage points from fiscal 2025 (28.8%). Over the past ten years it has ranged from 24.2% (fiscal 2015) to 52.4% (fiscal 2021); the current reading is higher than 27% of that period. That is in line with the Reit Industrial industry median of 28.0% and above the Real Estate sector median of 7.83%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 28.8% 2.60
FY2024 26.2% (5.13)
FY2023 31.4% (13.30)
FY2022 44.7% (7.73)
FY2021 52.4% 16.88
FY2020 35.5% 3.42
FY2019 32.1% (2.61)
FY2018 34.7% (8.64)
FY2017 43.4% 6.44
FY2016 36.9% 12.69

Quarterly newest first

Period Net margin Change (points)
Jun 2026 30.1% 1.99
Mar 2026 28.1% (5.57)
Dec 2025 33.7% 14.38
Sep 2025 19.3% (10.33)
42 more quarters

Against its own ten years

Low 24.2% High 52.4%
Ten-year median 34.7%
Current reading's percentile 17

Net margin against peers

Company Net margin
TRNO Terreno Realty Corporation compare 76.9%
FR First Industrial Realty Trust, Inc. compare 47.9%
PLD Prologis, Inc. compare 45.5%
EGP EastGroup Properties, Inc. compare 40.5%
PSA Public Storage compare 37.7%
CUBE CubeSmart compare 29.4%
EXR Extra Space Storage Inc 27.8%
LINE Lineage, Inc. compare −3.15%
REXR Rexford Industrial Realty, Inc. compare −40.4%
Reit Industrial industry median 28.0%
Real Estate sector median 7.83%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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