Non-Current Assets

Investment in unconsolidated entities

Extra Space Storage Investment in unconsolidated entities increased by 0.3% to $1.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.0%, from $1.32B to $1.07B. Over 5 years (FY 2020 to FY 2025), Investment in unconsolidated entities shows an upward trend with a 21.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2025

How to read this metric

An increase suggests a strategy of leveraging third-party capital to scale operations without full balance sheet consolidation.

Detailed definition

This reflects the company's equity interest in joint ventures, partnerships, or other entities where it does not have a...

Peer comparison

Common in REITs with strategic capital management segments; peers like Blackstone or industrial REITs use similar structures.

Metric ID: reit_investment_unconsolidated

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$361.23M$373.77M$457.33M$475.29M$544.77M$568.69M$582.41M$600.62M$747.78M$1.08B$1.07B$1.07B$1.07B$1.06B$1.33B$1.32B$1.09B$1.06B$1.07B$1.07B
QoQ Change+3.5%+22.4%+3.9%+14.6%+4.4%+2.4%+3.1%+24.5%+44.1%-0.6%-0.5%-0.1%-0.5%+25.7%-0.9%-17.6%-2.3%+0.3%+0.3%
YoY Change+50.8%+52.2%+27.4%+26.4%+37.3%+89.5%+84.0%+77.5%+42.4%-1.6%+24.3%+23.9%+2.2%+0.4%-19.9%-19.0%
Range$361.23M$1.33B
CAGR+25.7%
Avg YoY Growth+31.1%
Median YoY Growth+26.9%
Current Streak2 quarters growth

Investment in unconsolidated entities at Other Companies

Frequently Asked Questions

What is Extra Space Storage's investment in unconsolidated entities?
Extra Space Storage (EXR) reported investment in unconsolidated entities of $1.07B in Q1 2026.
How has Extra Space Storage's investment in unconsolidated entities changed year-over-year?
Extra Space Storage's investment in unconsolidated entities decreased by 19.0% year-over-year, from $1.32B to $1.07B.
What is the long-term trend for Extra Space Storage's investment in unconsolidated entities?
Over 5 years (2020 to 2025), Extra Space Storage's investment in unconsolidated entities has grown at a 21.8% compound annual growth rate (CAGR), from $397.44M to $1.07B.
What does investment in unconsolidated entities mean?
The value of the company's ownership stakes in joint ventures or non-controlled entities.