Non-Current Assets

Buildings and improvements

Extra Space Storage Buildings and improvements increased by 0.4% to $23.33B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $22.55B to $23.33B. Over 4 years (FY 2021 to FY 2025), Buildings and improvements shows an upward trend with a 29.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025
Parent metricPP&E (Net)

How to read this metric

Increases indicate ongoing investment in physical capacity, while decreases reflect depreciation or the divestiture of facilities.

Detailed definition

The book value of buildings and leasehold improvements used for operations. This reflects the company's investment in it...

Peer comparison

Benchmark against peers based on the capital intensity of their manufacturing and R&D footprint.

Metric ID: ppe_buildings

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$8.23B$8.35B$8.56B$9.26B$9.43B$9.49B$9.58B$21.50B$21.66B$21.77B$21.80B$22.03B$22.34B$22.55B$23.01B$23.04B$23.23B$23.33B
QoQ Change+1.5%+2.6%+8.1%+1.8%+0.7%+0.9%+124.5%+0.8%+0.5%+0.2%+1.1%+1.4%+1.0%+2.0%+0.1%+0.8%+0.4%
YoY Change+14.6%+13.7%+11.9%+132.3%+129.8%+129.4%+127.6%+2.5%+3.1%+3.6%+5.5%+4.6%+4.0%+3.5%
% of PP&E (Net)28310.7%24613.3%21672.3%22018.0%21711.4%22456.8%47127.7%44487.8%44245.7%45154.1%44008.3%44349.0%45143.1%46194.7%44664.7%35660.2%37664.2%
Share Change-2941.0pp+345.7pp-306.6pp+745.4pp+24671.0pp-2639.9pp-242.1pp+908.5pp-1145.9pp+340.7pp+794.0pp+1051.6pp-1530.0pp-9004.5pp+2004.0pp
Range$8.23B$23.33B
CAGR+27.8%
Avg YoY Growth+41.9%
Median YoY Growth+8.7%
Current Streak17+ quarters growth

Buildings and improvements at Other Companies

Frequently Asked Questions

What is Extra Space Storage's buildings and improvements?
Extra Space Storage (EXR) reported buildings and improvements of $23.33B in Q1 2026.
How has Extra Space Storage's buildings and improvements changed year-over-year?
Extra Space Storage's buildings and improvements increased by 3.5% year-over-year, from $22.55B to $23.33B.
What is the long-term trend for Extra Space Storage's buildings and improvements?
Over 4 years (2021 to 2025), Extra Space Storage's buildings and improvements has grown at a 29.6% compound annual growth rate (CAGR), from $8.23B to $23.23B.
What does buildings and improvements mean?
The value of the company's buildings and facility improvements.