What is Extra Space Storage's land?

Extra Space Storage (EXR) reported land of $5.13B in Q1 2026.

How has Extra Space Storage's land changed year-over-year?

Extra Space Storage's land increased by 2.4% year-over-year, from $5.02B to $5.13B.

What is the long-term trend for Extra Space Storage's land?

Over 4 years (2021 to 2025), Extra Space Storage's land has grown at a 24.3% compound annual growth rate (CAGR), from $2.15B to $5.14B.

Cost of owned land, which is not depreciated since land has an indefinite useful life.

Extra Space Storage EXR Land

Land at other companies

U-Haul HoldingUHAL

$1.87B+2.9%

Public StoragePSA

$5.96B+3.5%

National Storage AffiliatesNSA

$1.03B-1.4%

Americold Realty TrustCOLD

$823.9M—

FRP HoldingsFRPH

$182.89M+8.3%

LTC PropertiesLTC

$137.17M+23.3%

Other financials

Income statement

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Revenue$856.0M+4.4%

Gross profit$617.7M+3.6%

Operating income$367.6M-5.4%

Net income$241.0M-11.0%

EPS (diluted)$1.14-10.9%

Balance sheet

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Cash & equivalents$143.4M+16.5%

Total debt$769.7M+9.2%

Total equity$13.3B-4.0%

Total assets$29.1B+0.4%

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$31.76B-0.4%

Enterprise value$32.39B-0.3%

P/E33.6×+1.0×

P/S9.3×-0.3×

Profitability

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Gross margin72.7%-1.4pp

Operating margin40.8%-1.2pp

Net margin27.7%-0.2pp

FCF margin54.4%-3.2pp

Returns & leverage

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Return on equity6.9%+0.5pp

Debt / equity0.1×0.0×

Where this comes from

Reported directly by Extra Space Storage in its filing.

Tagged under the XBRL concept us-gaap:Land.

The official record: Extra Space Storage’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Extra Space Storage's land?: Extra Space Storage (EXR) reported land of $5.13B in Q1 2026.
How has Extra Space Storage's land changed year-over-year?: Extra Space Storage's land increased by 2.4% year-over-year, from $5.02B to $5.13B.
What is the long-term trend for Extra Space Storage's land?: Over 4 years (2021 to 2025), Extra Space Storage's land has grown at a 24.3% compound annual growth rate (CAGR), from $2.15B to $5.14B.
What does land mean?: Cost of owned land, which is not depreciated since land has an indefinite useful life.