Extra Space Storage profit margin EXR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 27.8%
- Net margin on a year earlier
- −1.7 pts
- Peer median
- 20.8%
Over the twelve months to Jun 30, 2026, Extra Space Storage kept 27.8% of its revenue as net profit and a gross margin of 70.8%.
Five years earlier its net margin was 44.7%.
The median for 10 real estate stocks of a similar size is 20.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Gross margin |
|---|---|---|
| FY2025 | 28.8% | 70.8% |
| FY2024 | 26.2% | 72.2% |
| FY2023 | 31.4% | 73.8% |
| FY2022 | 44.7% | 75.6% |
| FY2021 | 52.5% | 74.8% |
| FY2020 | 35.5% | 71.5% |
| FY2019 | 32.1% | 72.1% |
| FY2018 | 34.7% | 73.5% |
| FY2017 | 43.3% | 73.7% |
| FY2016 | 36.9% | 73.2% |
| FY2015 | 24.2% | 72.3% |
| FY2014 | 27.6% | 72.1% |
| FY2013 | 33.1% | 71.4% |
| FY2012 | 28.7% | 70.2% |
| FY2011 | 17.7% | 69.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 27.8% | −1.7 pts | |
| Q1 FY26 | 27.7% | −0.2 pts | |
| Q4 FY25 | 28.8% | +2.6 pts | |
| Q3 FY25 | 28.4% | +3.4 pts | |
| Q2 FY25 | 29.5% | +4.1 pts | |
| Q1 FY25 | 27.8% | −0.9 pts | |
| Q4 FY24 | 26.2% | −5.1 pts | |
| Q3 FY24 | 25.0% | −9.9 pts | |
| Q2 FY24 | 25.5% | −15.3 pts | |
| Q1 FY24 | 28.7% | −14.3 pts | |
| Q4 FY23 | 31.4% | −13.4 pts | |
| Q3 FY23 | 34.9% | −15.3 pts |
Against its peers
Companies in Real Estate nearest Extra Space Storage's size, closest first, today.
| Company | Profit margin |
|---|---|
| EXRExtra Space Storage | 27.8% |
| IRMIron Mountain | 5.5% |
| VICIVICI Properties | 67.5% |
| CBRECBRE | 3.0% |
| CCICrown Castle | 20.7% |
| VTRVentas | 4.1% |
| SBACSBA Communications | 34.5% |
| VMRKVivmark Residential | 28.0% |
| ESSEssex Property Trust | 21.5% |
| ORealty Income | 20.9% |
| HSTHost Hotels & Resorts | 16.5% |
| Peer median | 20.8% |
Where Extra Space Storage ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Extra Space Storage
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.