Business Segments · Property taxes
Self-Storage Operations — Property taxes
Extra Space Storage Self-Storage Operations — Property taxes increased by 2.1% to $83.98M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.1%, from $79.88M to $83.98M. Over 3 years (FY 2022 to FY 2025), Self-Storage Operations — Property taxes shows an upward trend with a 28.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026
How to read this metric
An increase reflects rising property valuations or tax rates, which directly reduces net operating income.
Detailed definition
This metric reflects the mandatory tax assessments levied by local and state governments on the real estate properties w...
Peer comparison
Standard 'Property Taxes' reported by all real estate owners.
Metric ID:
exr_segment_self_storage_operations_property_taxesHistorical Data
17 periods
| 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 | $38.39M | $38.39M | $38.39M | $38.39M | $53.09M | $53.09M | $53.09M | $53.09M | $67.68M | $66.63M | $77.00M | $81.10M | $79.88M | $82.36M | $82.50M | $82.27M | $83.98M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +38.3% | +0.0% | +0.0% | +0.0% | +27.5% | -1.5% | +15.6% | +5.3% | -1.5% | +3.1% | +0.2% | -0.3% | +2.1% |
| YoY Change | — | — | — | — | +38.3% | +38.3% | +38.3% | +38.3% | +27.5% | +25.5% | +45.0% | +52.8% | +18.0% | +23.6% | +7.1% | +1.4% | +5.1% |
Range$38.39M – $83.98M
CAGR+21.6%
Avg YoY Growth+27.6%
Median YoY Growth+27.5%
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Frequently Asked Questions
- What is Extra Space Storage's self-storage operations — property taxes?
- Extra Space Storage (EXR) reported self-storage operations — property taxes of $83.98M in Q1 2026.
- How has Extra Space Storage's self-storage operations — property taxes changed year-over-year?
- Extra Space Storage's self-storage operations — property taxes increased by 5.1% year-over-year, from $79.88M to $83.98M.
- What is the long-term trend for Extra Space Storage's self-storage operations — property taxes?
- Over 3 years (2022 to 2025), Extra Space Storage's self-storage operations — property taxes has grown at a 28.7% compound annual growth rate (CAGR), from $153.56M to $327.02M.
- What does self-storage operations — property taxes mean?
- Total property tax obligations for the storage portfolio.