Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 27.96% is 19% below its 5-year average of 34.68%, near the low end of its 5-year range (21.86%–61.45%).
0.63% below its 12-month average of 28.14%.
Reported quarterly profit margin; no daily interpolation. Q2 FY2026 (2026-06-30): 30.14%.
NET PROFIT MARGIN
27.96%
NET PROFIT MARGIN AVG TTM
28.14%
NET PROFIT MARGIN AVG 3Y
28.09%
NET PROFIT MARGIN AVG 5Y
34.68%
NET PROFIT MARGIN AVG 10Y
34.07%
NET PROFIT MARGIN AVG 15Y
31.18%
NET PROFIT MARGIN AVG 20Y
27.04%
CURRENT VS TTM AVG
-0.63%
CURRENT VS 3Y AVG
-0.46%
CURRENT VS 5Y AVG
-19.37%
CURRENT VS 10Y AVG
-17.94%
CURRENT VS 15Y AVG
-10.31%
CURRENT VS 20Y AVG
+3.40%
SECTOR MEDIAN · REAL ESTATE
22.38%
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+24.91%
vs the sector median at left
Extra Space Storage Inc.
Market Cap
$28.88B
Net Profit Margin
27.96%
TTM Avg
28.14%
3Y Avg
28.09%
5Y Avg
34.68%
Market Cap
$26.28B
Net Profit Margin
33.39%
TTM Avg
35.89%
3Y Avg
37.29%
5Y Avg
38.15%
Market Cap
$26.12B
Net Profit Margin
67.50%
TTM Avg
69.44%
3Y Avg
62.86%
5Y Avg
65.23%
Market Cap
$31.93B
Net Profit Margin
25.83%
TTM Avg
-24.51%
3Y Avg
-0.88%
5Y Avg
5.31%
Market Cap
$23.87B
Net Profit Margin
27.91%
TTM Avg
35.44%
3Y Avg
32.09%
5Y Avg
36.33%
Market Cap
$34.02B
Net Profit Margin
5.54%
TTM Avg
2.51%
3Y Avg
4.82%
5Y Avg
6.26%
Market Cap
$18.94B
Net Profit Margin
34.51%
TTM Avg
32.70%
3Y Avg
25.36%
5Y Avg
18.81%
Market Cap
$17.35B
Net Profit Margin
21.63%
TTM Avg
38.59%
3Y Avg
31.72%
5Y Avg
33.14%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Extra Space Storage Inc. (EXR) | $28.88B | 27.96% | 28.14% | 28.09% | 34.68% |
| AvalonBay Communities, Inc. (AVB)vs › | $26.28B | 33.39% | 35.89% | 37.29% | 38.15% |
| VICI Properties Inc. (VICI)vs › | $26.12B | 67.50% | 69.44% | 62.86% | 65.23% |
| Crown Castle Inc. (CCI)vs › | $31.93B | 25.83% | -24.51% | -0.88% | 5.31% |
| Equity Residential (EQR)vs › | $23.87B | 27.91% | 35.44% | 32.09% | 36.33% |
| Iron Mountain Incorporated (IRM)vs › | $34.02B | 5.54% | 2.51% | 4.82% | 6.26% |
| SBA Communications Corporation (SBAC)vs › | $18.94B | 34.51% | 32.70% | 25.36% | 18.81% |
| CBRE Group, Inc. (CBRE)vs › | $40.40B | 2.98% | 2.78% | 3.30% | 3.83% |
| Essex Property Trust, Inc. (ESS)vs › | $17.35B | 21.63% | 38.59% | 31.72% | 33.14% |
| Invitation Homes Inc. (INVH)vs › | $15.99B | 23.14% | 19.43% | 19.34% | 16.87% |
Operating Margin
43.4%
Net Profit Margin
28.0%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 30.14% |
| 2026-03-31 | 28.15% |
| 2025-12-31 | 30.86% |
| 2025-09-30 | 21.86% |
| 2025-06-30 | 29.67% |
| 2025-03-31 | 32.25% |
| 2024-12-31 | 31.22% |
| 2024-09-30 | 22.56% |
| 2024-06-30 | 22.45% |
| 2024-03-31 | 26.16% |
| 2023-12-31 | 26.55% |
| 2023-09-30 | 24.68% |
| 2023-06-30 | 38.58% |
| 2023-03-31 | 38.24% |
| 2022-12-31 | 39.45% |
| 2022-09-30 | 43.21% |
| 2022-06-30 | 47.78% |
| 2022-03-31 | 44.91% |
| 2021-12-31 | 61.45% |
| 2021-09-30 | 44.69% |
| 2021-06-30 | 43.34% |
| 2021-03-31 | 55.41% |
| 2020-12-31 | 43.33% |
| 2020-09-30 | 32.83% |
| 2020-06-30 | 30.92% |
| 2020-03-31 | 32.01% |
| 2019-12-31 | 33.16% |
| 2019-09-30 | 31.72% |
| 2019-06-30 | 32.03% |
| 2019-03-31 | 30.11% |
| 2018-12-31 | 32.55% |
| 2018-09-30 | 41.92% |
| 2018-06-30 | 31.63% |
| 2018-03-31 | 30.47% |
| 2017-12-31 | 75.44% |
| 2017-09-30 | 32.47% |
| 2017-06-30 | 31.02% |
| 2017-03-31 | 30.79% |
| 2016-12-31 | 31.14% |
| 2016-09-30 | 45.18% |
| 2016-06-30 | 33.45% |
| 2016-03-31 | 35.49% |
| 2015-12-31 | 3.71% |
| 2015-09-30 | 35.61% |
| 2015-06-30 | 29.23% |
| 2015-03-31 | 30.50% |
| 2014-12-31 | 26.80% |
| 2014-09-30 | 31.48% |
| 2014-06-30 | 25.43% |
| 2014-03-31 | 24.01% |
| 2013-12-31 | 53.19% |
| 2013-09-30 | 21.32% |
| 2013-06-30 | 26.57% |
| 2013-03-31 | 25.67% |
| 2012-12-31 | 30.92% |
| 2012-09-30 | 34.27% |
| 2012-06-30 | 23.60% |
| 2012-03-31 | 22.22% |
| 2011-12-31 | 17.46% |
| 2011-09-30 | 18.15% |
| 2011-06-30 | 13.59% |
| 2011-03-31 | 11.15% |
| 2010-12-31 | 12.19% |
| 2010-09-30 | 10.65% |
| 2010-06-30 | 8.99% |
| 2010-03-31 | 5.28% |
| 2009-12-31 | 8.37% |
| 2009-09-30 | 8.37% |
| 2009-06-30 | -9.67% |
| 2009-03-31 | 37.64% |
| 2008-12-31 | 26.95% |
| 2008-09-30 | 14.20% |
| 2008-06-30 | 13.22% |
| 2008-03-31 | 8.63% |
| 2007-12-31 | 14.82% |
| 2007-09-30 | 15.40% |
| 2007-06-30 | 15.38% |
| 2007-03-31 | 12.03% |
| 2006-12-31 | 12.92% |
| 2006-09-30 | 8.41% |
| 2006-06-30 | 6.37% |
| 2006-03-31 | 1.63% |
| 2005-12-31 | -0.56% |
| 2005-09-30 | -6.63% |
| 2005-06-30 | -4.96% |
| 2005-03-31 | -2.79% |
| 2004-12-31 | -1.38% |
| 2004-09-30 | -27.94% |
| 2004-06-30 | -50.51% |
| 2004-03-31 | -54.76% |
| 2003-12-31 | -89.03% |
| 2003-09-30 | -41.73% |
| 2003-06-30 | -25.50% |
