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Extra Space Storage Inc. (EXR) EBITDA Margin: 71.48%

Is Extra Space Storage Inc.’s EBITDA margin high or low?

Extra Space Storage Inc.'s EBITDA margin of 71.48% is in line with its 5-year average of 68.52%, near the high end of its 5-year range (64.91%–71.48%).

As of Sunday, June 21, 2026. 2.72% above its 12-month average of 69.59%.

EXR EBITDA Margin Chart

EXR EBITDA Margin
71.48%+5.58% 1Y
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EXR Average EBITDA Margin Chart

EXR Current vs Average EBITDA Margin Chart

EXR EBITDA Margin Metrics

EBITDA MARGIN

71.48%

EBITDA MARGIN AVG TTM

69.59%

EBITDA MARGIN AVG 3Y

69.32%

EBITDA MARGIN AVG 5Y

68.52%

EBITDA MARGIN AVG 10Y

67.33%

EBITDA MARGIN AVG 15Y

64.02%

EBITDA MARGIN AVG 20Y

61.70%

CURRENT VS TTM AVG

+2.72%

CURRENT VS 3Y AVG

+3.12%

CURRENT VS 5Y AVG

+4.32%

CURRENT VS 10Y AVG

+6.16%

CURRENT VS 15Y AVG

+11.65%

CURRENT VS 20Y AVG

+15.85%

EXR Competitors' EBITDA Margin

NAMEMARKET CAPEBITDA MARGINTTM3Y5Y
Extra Space Storage Inc. (EXR)$30.70B71.48%69.59%69.32%68.52%
VICI Properties Inc. (VICI)vs ›$28.30B90.93%91.72%85.36%89.05%
Crown Castle Inc. (CCI)vs ›$35.81B64.88%22.99%40.76%45.81%
AvalonBay Communities, Inc. (AVB)vs ›$25.16B73.32%73.66%75.72%77.57%
Ventas, Inc. (VTR)vs ›$39.68B38.37%38.85%40.07%42.73%
SBA Communications Corporation (SBAC)vs ›$19.82B77.67%72.32%68.59%67.81%
Essex Property Trust, Inc. (ESS)vs ›$17.59B82.23%86.96%79.94%88.64%
Host Hotels & Resorts, Inc. (HST)vs ›$17.13B30.23%30.05%30.48%23.81%
Kimco Realty Corporation (KIM)vs ›$16.44B75.83%68.91%69.43%72.10%
Regency Centers Corporation (REG)vs ›$14.08B72.93%67.72%65.27%63.84%

Margin Comparison

Gross Margin

27.9%

EBITDA Margin

71.5%

Operating Margin

43.3%

Net Margin

27.8%

Formula: EBITDA Margin = (EBITDA / Revenue) × 100

Why EBITDA Margin matters:

  • Removes effects of depreciation policies (D&A)
  • Capital structure neutral (ignores interest)
  • Tax neutral (ignores tax differences)
  • Good proxy for operating cash generation

Extra Space Storage Inc. EBITDA Margin Formula & Definition

EBITDA Margin = EBITDA / Revenue

EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Extra Space Storage Inc. EBITDA Margin FAQ

What is the EBITDA margin for Extra Space Storage Inc. (EXR)?
The EBITDA margin for EXR stock is 71.48%.
Is Extra Space Storage Inc.'s EBITDA margin high or low?
Extra Space Storage Inc.'s EBITDA margin of 71.48% is in line with its 5-year average of 68.52%, near the high end of its 5-year range (64.91%–71.48%).
What is the TTM average EBITDA margin for Extra Space Storage Inc. (EXR)?
The TTM average EBITDA margin for EXR stock is 69.59%.
What is the 3Y average EBITDA margin for Extra Space Storage Inc. (EXR)?
The 3Y average EBITDA margin for EXR stock is 69.32%.
What is the 5Y average EBITDA margin for Extra Space Storage Inc. (EXR)?
The 5Y average EBITDA margin for EXR stock is 68.52%.
What is the 10Y average EBITDA margin for Extra Space Storage Inc. (EXR)?
The 10Y average EBITDA margin for EXR stock is 67.33%.
What is the 15Y average EBITDA margin for Extra Space Storage Inc. (EXR)?
The 15Y average EBITDA margin for EXR stock is 64.02%.
What is the 20Y average EBITDA margin for Extra Space Storage Inc. (EXR)?
The 20Y average EBITDA margin for EXR stock is 61.70%.

Extra Space Storage Inc. EBITDA Margin History

DATEEBITDA MARGIN
2025-12-3171.48%
2024-12-3167.70%
2023-12-3168.54%
2022-12-3169.56%
2021-12-3168.92%
2020-12-3164.91%
2019-12-3165.54%
2018-12-3167.08%
2017-12-3166.96%
2016-12-3165.83%
2015-12-3164.16%
2014-12-3161.44%
2013-12-3160.19%
2012-12-3157.72%
2011-12-3152.98%
2010-12-3151.30%
2009-12-3151.84%
2008-12-3119.91%
2007-12-3116.66%
2006-12-3149.08%
2005-12-3147.03%
2004-12-3178.97%
2003-12-3122.53%
2002-12-3138.23%
2001-12-3124.93%

About Extra Space Storage Inc.

Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.

Salt Lake City, UT
8,012 employees
Real Estate / REIT - Industrial
Sector
Real Estate
Industry
REIT - Industrial
CEO
Joseph Daniel Margolis