Extra Space Storage Inc. (EXR) Gross Margin: 27.87%
Is Extra Space Storage Inc.’s gross margin high or low?
Extra Space Storage Inc.'s gross margin of 27.87% is 59% below its 5-year average of 68.48%, near the low end of its 5-year range (27.87%–78.46%).
As of Sunday, June 21, 2026. 46.78% below its 12-month average of 52.37%.
EXR Gross Margin Chart
EXR Average Gross Margin Chart
EXR Current vs Average Gross Margin Chart
EXR Gross Margin Metrics
GROSS MARGIN
27.87%
GROSS MARGIN AVG TTM
52.37%
GROSS MARGIN AVG 3Y
65.12%
GROSS MARGIN AVG 5Y
68.48%
GROSS MARGIN AVG 10Y
71.31%
GROSS MARGIN AVG 15Y
73.63%
GROSS MARGIN AVG 20Y
72.87%
CURRENT VS TTM AVG
-46.78%
CURRENT VS 3Y AVG
-57.20%
CURRENT VS 5Y AVG
-59.30%
CURRENT VS 10Y AVG
-60.92%
CURRENT VS 15Y AVG
-62.15%
CURRENT VS 20Y AVG
-61.76%
EXR Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Extra Space Storage Inc. (EXR) | $30.70B | 27.87% | 52.37% | 65.12% | 68.48% |
| VICI Properties Inc. (VICI)vs › | $28.30B | 99.22% | 99.22% | 99.21% | 98.79% |
| Crown Castle Inc. (CCI)vs › | $35.81B | 65.71% | 68.97% | 70.00% | 69.14% |
| AvalonBay Communities, Inc. (AVB)vs › | $25.16B | 67.92% | 65.07% | 64.75% | 64.34% |
| Ventas, Inc. (VTR)vs › | $39.68B | -4.26% | 18.35% | 31.12% | 36.46% |
| SBA Communications Corporation (SBAC)vs › | $19.82B | 63.62% | 59.46% | 67.28% | 70.11% |
| Essex Property Trust, Inc. (ESS)vs › | $17.59B | 69.44% | 68.44% | 68.51% | 73.96% |
| Host Hotels & Resorts, Inc. (HST)vs › | $17.13B | 27.80% | 27.99% | 41.22% | 41.10% |
| Kimco Realty Corporation (KIM)vs › | $16.44B | 54.71% | 61.68% | 65.35% | 66.39% |
| Regency Centers Corporation (REG)vs › | $14.08B | 47.88% | 57.92% | 64.95% | 67.13% |
Gross Margin Analysis
Gross Margin
27.9%
(Revenue - COGS) / Revenue
Extra Space Storage Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Extra Space Storage Inc. Gross Margin FAQ
- What is the gross margin for Extra Space Storage Inc. (EXR)?
- The gross margin for EXR stock is 27.87%.
- Is Extra Space Storage Inc.'s gross margin high or low?
- Extra Space Storage Inc.'s gross margin of 27.87% is 59% below its 5-year average of 68.48%, near the low end of its 5-year range (27.87%–78.46%).
- What is the TTM average gross margin for Extra Space Storage Inc. (EXR)?
- The TTM average gross margin for EXR stock is 52.37%.
- What is the 3Y average gross margin for Extra Space Storage Inc. (EXR)?
- The 3Y average gross margin for EXR stock is 65.12%.
- What is the 5Y average gross margin for Extra Space Storage Inc. (EXR)?
- The 5Y average gross margin for EXR stock is 68.48%.
- What is the 10Y average gross margin for Extra Space Storage Inc. (EXR)?
- The 10Y average gross margin for EXR stock is 71.31%.
- What is the 15Y average gross margin for Extra Space Storage Inc. (EXR)?
- The 15Y average gross margin for EXR stock is 73.63%.
- What is the 20Y average gross margin for Extra Space Storage Inc. (EXR)?
- The 20Y average gross margin for EXR stock is 72.87%.
Extra Space Storage Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 28.43% |
| 2024-12-31 | 76.31% |
| 2023-12-31 | 77.29% |
| 2022-12-31 | 78.46% |
| 2021-12-31 | 76.44% |
| 2020-12-31 | 73.98% |
| 2019-12-31 | 74.21% |
| 2018-12-31 | 75.13% |
| 2017-12-31 | 75.30% |
| 2016-12-31 | 74.85% |
| 2015-12-31 | 74.02% |
| 2014-12-31 | 72.05% |
| 2013-12-31 | 70.38% |
| 2012-12-31 | 69.72% |
| 2011-12-31 | 69.19% |
| 2010-12-31 | 67.08% |
| 2009-12-31 | 68.29% |
| 2008-12-31 | 67.21% |
| 2007-12-31 | 100.00% |
| 2006-12-31 | 67.38% |
| 2005-12-31 | 77.32% |
| 2004-12-31 | 74.29% |
| 2003-12-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2001-12-31 | 100.00% |
Related Metrics
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.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- Joseph Daniel Margolis