Non-Current Liabilities
Operating Lease Liabilities (Total)
Extra Space Storage Operating Lease Liabilities (Total) increased by 1.1% to $769.69M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.2%, from $704.73M to $769.69M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Total) shows an upward trend with a 23.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ1 2026
How to read this metric
An increase indicates expansion of the leased asset base, while a decrease suggests a reduction in lease commitments or the expiration of lease terms.
Detailed definition
This represents the total present value of future lease payments for operating leases, recognized as a liability on the...
Peer comparison
Standardized under modern accounting rules, allowing for direct comparison of lease-based financing across companies in the same sector.
Metric ID:
operating_lease_liabilities_totalHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $238.41M | $234.12M | $233.36M | $242.84M | $238.39M | $233.83M | $229.04M | $234.26M | $228.34M | $242.44M | $236.52M | $232.68M | $229.04M | $706.49M | $705.85M | $704.73M | $742.85M | $757.81M | $761.11M | $769.69M |
| QoQ Change | — | -1.8% | -0.3% | +4.1% | -1.8% | -1.9% | -2.1% | +2.3% | -2.5% | +6.2% | -2.4% | -1.6% | -1.6% | +208.5% | -0.1% | -0.2% | +5.4% | +2.0% | +0.4% | +1.1% |
| YoY Change | — | — | — | — | -0.0% | -0.1% | -1.9% | -3.5% | -4.2% | +3.7% | +3.3% | -0.7% | +0.3% | +191.4% | +198.4% | +202.9% | +224.3% | +7.3% | +7.8% | +9.2% |
Range$228.34M – $769.69M
CAGR+28.0%
Avg YoY Growth+52.4%
Median YoY Growth+3.5%
Current Streak4 quarters growth
Operating Lease Liabilities (Total) at Other Companies
Frequently Asked Questions
- What is Extra Space Storage's operating lease liabilities (total)?
- Extra Space Storage (EXR) reported operating lease liabilities (total) of $769.69M in Q1 2026.
- How has Extra Space Storage's operating lease liabilities (total) changed year-over-year?
- Extra Space Storage's operating lease liabilities (total) increased by 9.2% year-over-year, from $704.73M to $769.69M.
- What is the long-term trend for Extra Space Storage's operating lease liabilities (total)?
- Over 5 years (2020 to 2025), Extra Space Storage's operating lease liabilities (total) has grown at a 23.6% compound annual growth rate (CAGR), from $263.49M to $761.11M.
- What does operating lease liabilities (total) mean?
- The total value of future payments the company is obligated to make for leased assets.