Non-Current Assets
Construction in progress
Extra Space Storage Construction in progress increased by 2.9% to $106.06M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.1%, from $111.81M to $106.06M. Over 4 years (FY 2021 to FY 2025), Construction in progress shows an upward trend with a 14.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ4 2014
Last reportedQ4 2025
Parent metricPP&E (Net)
How to read this metric
A high balance indicates significant ongoing capital expenditure and future growth potential through expanded production capacity.
Detailed definition
The accumulated costs for capital projects that are currently under construction and not yet ready for operational use....
Peer comparison
Reflects the company's current investment cycle and long-term growth strategy compared to industry peers.
Metric ID:
ppe_construction_in_progressHistorical Data
18 periods
| 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 | $59.25M | $73.39M | $56.07M | $54.37M | $52.31M | $49.89M | $54.08M | $122.74M | $118.75M | $126.01M | $127.52M | $103.33M | $101.29M | $111.81M | $123.04M | $106.65M | $103.09M | $106.06M |
| QoQ Change | — | +23.9% | -23.6% | -3.0% | -3.8% | -4.6% | +8.4% | +126.9% | -3.3% | +6.1% | +1.2% | -19.0% | -2.0% | +10.4% | +10.0% | -13.3% | -3.3% | +2.9% |
| YoY Change | — | — | — | — | -11.7% | -32.0% | -3.5% | +125.7% | +127.0% | +152.6% | +135.8% | -15.8% | -14.7% | -11.3% | -3.5% | +3.2% | +1.8% | -5.1% |
| % of PP&E (Net) | 203.9% | — | 161.2% | 127.3% | 122.2% | 114.1% | 126.8% | 269.0% | 243.8% | 256.1% | 264.1% | 206.4% | 201.1% | 223.8% | 247.0% | 206.7% | 158.2% | 171.2% |
| Share Change | — | — | — | -33.9pp | -5.1pp | -8.1pp | +12.7pp | +142.2pp | -25.2pp | +12.3pp | +8.0pp | -57.7pp | -5.3pp | +22.7pp | +23.2pp | -40.3pp | -48.5pp | +13.0pp |
Range$49.89M – $127.52M
CAGR+14.7%
Avg YoY Growth+32.0%
Median YoY Growth-3.5%
Construction in progress at Other Companies
Frequently Asked Questions
- What is Extra Space Storage's construction in progress?
- Extra Space Storage (EXR) reported construction in progress of $106.06M in Q1 2026.
- How has Extra Space Storage's construction in progress changed year-over-year?
- Extra Space Storage's construction in progress decreased by 5.1% year-over-year, from $111.81M to $106.06M.
- What is the long-term trend for Extra Space Storage's construction in progress?
- Over 4 years (2021 to 2025), Extra Space Storage's construction in progress has grown at a 14.9% compound annual growth rate (CAGR), from $59.25M to $103.09M.
- What does construction in progress mean?
- The value of capital projects currently being built but not yet in use.