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Extra Space Storage EXR Operating margin

Operating margin at other companies

U-Haul Holding logo
U-Haul HoldingUHAL
8.5%-4.9pp
Global Self Storage logo
Global Self StorageSELF
22%-2.0pp
Janus International Group logo
Janus International GroupJBI
11.1%-1.6pp
Prologis logo
PrologisPLD
47.5%-1.0pp
Centerspace logo
CenterspaceCSR
28.5%+21.7pp
Transcontinental Realty Investors logo
Transcontinental Realty InvestorsTCI
-18.3%+78.5pp

Other financials

Income statement

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Revenue$874.2M+3.9%
Gross profit$617.7M+3.6%
Operating income$392.2M+4.9%
Net income$263.5M+5.5%
EPS (diluted)$1.25+5.9%

Balance sheet

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Cash & equivalents$695.2M+440%
Total debt$767.6M+3.3%
Total equity$13.3B-3.9%
Total assets$29.7B+1.0%

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$31.66B+8.2%
Enterprise value$31.73B+6.2%
P/E33.1×+3.1×
P/S9.2×+0.3×

Profitability

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Gross margin72.7%-1.4pp
Net margin27.8%-1.7pp
FCF margin54.4%-3.2pp

Returns & leverage

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Return on equity7.1%+0.1pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Extra Space Storage’s reported figures.

Based on trailing twelve months.

The source filing: Extra Space Storage’s 8-K, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 4:46 PM EDT
Accession
0001289490-26-000048

FAQ

What is Extra Space Storage's operating margin?
Extra Space Storage (EXR) reported operating margin of 40.9% in Q2 2026.
How has Extra Space Storage's operating margin changed year-over-year?
Extra Space Storage's operating margin decreased by 6.4% year-over-year, from 43.7% to 40.9%.
What is the long-term trend for Extra Space Storage's operating margin?
Over 5 years (2020 to 2025), Extra Space Storage's operating margin has grown at a -3.2% compound annual growth rate (CAGR), from 49.1% to 41.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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