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Extra Space Storage EXR Self-Storage Operations — Marketing

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Other financials

Income statement

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Revenue$856.0M+4.4%
Gross profit$617.7M+3.6%
Operating income$367.6M-5.4%
Net income$241.0M-11.0%
EPS (diluted)$1.14-10.9%

Balance sheet

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Cash & equivalents$143.4M+16.5%
Total debt$769.7M+9.2%
Total equity$13.3B-4.0%
Total assets$29.1B+0.4%

Cash flow

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Operating cash flow$489.9M+1.8%
CapEx$7.2M-9.2%
Free cash flow$482.6M+1.9%

Valuation

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Market cap$31.52B-0.5%
Enterprise value$32.15B-0.5%
P/E33.4×+0.9×
P/S9.2×-0.3×

Profitability

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Gross margin72.7%-1.4pp
Operating margin40.8%-1.2pp
Net margin27.7%-0.2pp
FCF margin54.4%-3.2pp

Returns & leverage

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Return on equity6.9%+0.5pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Extra Space Storage in its filing.

Tagged under the XBRL concept us-gaap:MarketingExpense.

The official record: Extra Space Storage’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Extra Space Storage's self-storage operations — marketing?
Extra Space Storage (EXR) reported self-storage operations — marketing of $15.76M in Q1 2026.
How has Extra Space Storage's self-storage operations — marketing changed year-over-year?
Extra Space Storage's self-storage operations — marketing increased by 4.0% year-over-year, from $15.15M to $15.76M.
What is the long-term trend for Extra Space Storage's self-storage operations — marketing?
Over 3 years (2022 to 2025), Extra Space Storage's self-storage operations — marketing has grown at a 38.6% compound annual growth rate (CAGR), from $26.35M to $70.23M.
What does self-storage operations — marketing mean?
This metric captures the expenditures related to advertising, digital marketing, and customer acquisition efforts specifically for the self-storage segment. It reflects the company's investment in maintaining occupancy levels and brand visibility in a competitive market.