Extra Space Storage EXR Self-Storage Operations — Property operating expense

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Questions, answered.

What is Extra Space Storage's self-storage operations — property operating expense?

Extra Space Storage (EXR) reported self-storage operations — property operating expense of $41.11M in Q1 2026.

How has Extra Space Storage's self-storage operations — property operating expense changed year-over-year?

Extra Space Storage's self-storage operations — property operating expense increased by 10.0% year-over-year, from $37.37M to $41.11M.

What is the long-term trend for Extra Space Storage's self-storage operations — property operating expense?

Over 3 years (2022 to 2025), Extra Space Storage's self-storage operations — property operating expense has grown at a 34.2% compound annual growth rate (CAGR), from $38.98M to $94.31M.

What does self-storage operations — property operating expense mean?

This metric aggregates the direct costs of operating the physical storage properties, excluding major capital expenditures, payroll, and taxes. It covers essential day-to-day facility maintenance and operational requirements.