Other
Direct premiums earned
Extra Space Storage Direct premiums earned decreased by 0.1% to $89.12M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.2%, from $84.71M to $89.12M. Over 4 years (FY 2021 to FY 2025), Direct premiums earned shows an upward trend with a 20.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryMarket Position
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026May 1, 2026
How to read this metric
Growth in direct premiums indicates an expanding customer base and strong competitive positioning.
Detailed definition
This reflects the total premiums earned by the company on policies it directly underwrote and issued to policyholders, b...
Peer comparison
Used by analysts to assess the underlying size of the insurance portfolio before accounting for risk-sharing strategies.
Metric ID:
other_direct_premiums_earnedHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $42.33M | $44.26M | $43.90M | $43.80M | $46.43M | $47.87M | $47.44M | $47.70M | $48.43M | $69.13M | $70.42M | $81.35M | $83.71M | $84.05M | $83.70M | $84.71M | $88.57M | $90.34M | $89.25M | $89.12M |
| QoQ Change | — | +4.5% | -0.8% | -0.2% | +6.0% | +3.1% | -0.9% | +0.6% | +1.5% | +42.7% | +1.9% | +15.5% | +2.9% | +0.4% | -0.4% | +1.2% | +4.6% | +2.0% | -1.2% | -0.1% |
| YoY Change | — | — | — | — | +9.7% | +8.2% | +8.1% | +8.9% | +4.3% | +44.4% | +48.4% | +70.5% | +72.8% | +21.6% | +18.9% | +4.1% | +5.8% | +7.5% | +6.6% | +5.2% |
Range$42.33M – $90.34M
CAGR+17.0%
Avg YoY Growth+21.6%
Median YoY Growth+8.5%
Current Streak2 quarters decline
Direct premiums earned at Other Companies
Frequently Asked Questions
- What is Extra Space Storage's direct premiums earned?
- Extra Space Storage (EXR) reported direct premiums earned of $89.12M in Q1 2026.
- How has Extra Space Storage's direct premiums earned changed year-over-year?
- Extra Space Storage's direct premiums earned increased by 5.2% year-over-year, from $84.71M to $89.12M.
- What is the long-term trend for Extra Space Storage's direct premiums earned?
- Over 4 years (2021 to 2025), Extra Space Storage's direct premiums earned has grown at a 20.0% compound annual growth rate (CAGR), from $170.11M to $352.88M.
- What does direct premiums earned mean?
- The total premiums earned from policies directly underwritten by the company.