Self-Storage Operations — Payroll and benefits
Extra Space Storage Self-Storage Operations — Payroll and benefits decreased by 4.7% to $45.54M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.1%, from $43.75M to $45.54M. Over 3 years (FY 2022 to FY 2025), Self-Storage Operations — Payroll and benefits shows an upward trend with a 24.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may signal rising labor costs or inefficiencies, while a decrease may indicate improved automation or labor productivity.
Detailed definition
This represents the total compensation costs, including salaries, wages, and benefits, for personnel directly involved i...
Peer comparison
Commonly reported as 'Property-level Payroll' or 'Site-level Personnel Expense' in real estate operations.
exr_segment_self_storage_operations_payroll_and_benefitsHistorical Data
| 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 | $23.50M | $23.50M | $23.50M | $23.50M | $31.83M | $31.83M | $31.83M | $31.83M | $43.40M | $42.28M | $41.39M | $43.46M | $43.75M | $45.15M | $46.39M | $47.78M | $45.54M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +35.4% | +0.0% | +0.0% | +0.0% | +36.4% | -2.6% | -2.1% | +5.0% | +0.7% | +3.2% | +2.7% | +3.0% | -4.7% |
| YoY Change | — | — | — | — | +35.4% | +35.4% | +35.4% | +35.4% | +36.4% | +32.9% | +30.1% | +36.5% | +0.8% | +6.8% | +12.1% | +10.0% | +4.1% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Extra Space Storage's self-storage operations — payroll and benefits?
- Extra Space Storage (EXR) reported self-storage operations — payroll and benefits of $45.54M in Q1 2026.
- How has Extra Space Storage's self-storage operations — payroll and benefits changed year-over-year?
- Extra Space Storage's self-storage operations — payroll and benefits increased by 4.1% year-over-year, from $43.75M to $45.54M.
- What is the long-term trend for Extra Space Storage's self-storage operations — payroll and benefits?
- Over 3 years (2022 to 2025), Extra Space Storage's self-storage operations — payroll and benefits has grown at a 24.9% compound annual growth rate (CAGR), from $94.01M to $183.07M.
- What does self-storage operations — payroll and benefits mean?
- Total labor costs for staff operating the self-storage facilities.