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.
- Revenue
- +3.65%
- EPS
- +50.0%
- Free cash flow
- −27.7%
- Total debt
- +3.90%
Quarter to September 2026, against a year earlier
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Extra Space Storage Inc (EXR) Operating margin
Extra Space Storage Inc's operating margin over the twelve months to 30 September 2026 was 43.8%, up 2.0 percentage points from fiscal 2025 (41.8%). Over the past ten years it has ranged from 37.7% (fiscal 2015) to 61.9% (fiscal 2021); the current reading is higher than 27% of that period. That is above the Reit Industrial industry median of 40.6% and above the Real Estate sector median of 17.8%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 41.8% | 1.20 |
| FY2024 | 40.6% | (5.07) |
| FY2023 | 45.7% | (8.89) |
| FY2022 | 54.6% | (7.28) |
| FY2021 | 61.9% | 12.75 |
| FY2020 | 49.1% | 0.59 |
| FY2019 | 48.5% | (3.26) |
| FY2018 | 51.8% | (7.43) |
| FY2017 | 59.2% | 13.01 |
| FY2016 | 46.2% | 8.54 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 44.0% | (0.82) |
| Jun 2026 | 44.9% | 1.92 |
| Mar 2026 | 42.9% | (0.31) |
| Dec 2025 | 43.3% | 10.74 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| PLD Prologis, Inc. compare | 54.8% |
| EXR Extra Space Storage Inc | 43.8% |
| TRNO Terreno Realty Corporation compare | 41.6% |
| FR First Industrial Realty Trust, Inc. compare | 41.6% |
| CUBE CubeSmart compare | 40.8% |
| EGP EastGroup Properties, Inc. compare | 40.8% |
| PSA Public Storage compare | 40.5% |
| REXR Rexford Industrial Realty, Inc. compare | 39.9% |
| LINE Lineage, Inc. compare | 3.57% |
| Reit Industrial industry median | 40.6% |
| Real Estate sector median | 17.8% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on EXR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement