What is the current annual gross margin of EXR?

As of today, EXR annual gross margin is 49.60%

What is 1-year change in EXR annual gross margin?

EXR annual gross margin is up +2.99% year-over-year

What is 3-year change in EXR annual gross margin?

EXR annual gross margin is down -18.22% over the past 3 years

How far is EXR annual gross margin from its all-time high?

EXR annual gross margin is currently -18.22% below its historical high of 60.65% set on December 31, 2022

How does EXR annual gross margin rank versus sector peers?

EXR annual gross margin is higher than 68.11% of companies in Real Estate sector

When is EXR next annual earnings release?

The next annual earnings release for EXR is on February 18, 2027

What is the current quarterly gross margin of EXR?

As of today, EXR quarterly gross margin is 49.84%

What is EXR quarterly gross margin most recent change?

EXR quarterly gross margin was down -0.88% on September 30, 2026

What is 1-year change in EXR quarterly gross margin?

EXR quarterly gross margin is up +0.04% year-over-year

How far is EXR quarterly gross margin from its all-time high?

EXR quarterly gross margin is currently -19.51% below its historical high of 61.92% set on June 30, 2022

How does EXR quarterly gross margin rank versus sector peers?

EXR quarterly gross margin is higher than 64.23% of companies in Real Estate sector

When is EXR next earnings release?

The next earnings release for EXR is on February 18, 2027

EXR Gross Margin History & Chart Since 2000

Annual Gross Margin

49.60%1.44%+2.99%

December 31, 2025

Summary

Current Value: As of today, EXR annual gross margin is 49.60%, up +2.99% on December 31, 2025
Historical Performance: EXR annual gross margin is down -18.22% over the past 3 years, down -6.33% over the past 5 years
All-Time High Comparison: EXR annual gross margin is currently -18.22% below its historical high of 60.65% set on December 31, 2022
3-Year Low Comparison: EXR annual gross margin is +2.99% above its 3-year low of 48.16% reached on December 31, 2024
Sector Comparison: EXR annual gross margin is higher than 68.11% of companies in Real Estate sector

Gross Margin Chart

beforeafter

Performance

EXR Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	49.60%	+3.0%	-18.2%	-6.3%	+2.0%
Quarterly Gross Margin	Sep 30, 26	49.84%	+0.0%	-4.7%	-18.0%	-3.5%
Price	Oct 30, 26	$151.32	+12.3%	+45.6%	-23.3%	+563.1%
PE Ratio	Oct 30, 26	31.45	+4.3%	+64.1%	-14.0%	-36.6%
Annual Revenue	Dec 31, 25	$3.38B	+3.7%	+75.5%	+149.0%	+1113.1%
Annual Gross Profit	Dec 31, 25	$1.68B	+6.8%	+43.6%	+133.3%	+1137.3%
Annual Operating Margin	Dec 31, 25	44.09%	+4.4%	-18.3%	-3.8%	+30.5%
Annual Net Margin	Dec 31, 25	30.22%	+9.5%	-36.8%	-20.7%	+152.0%

Gross Margin Highs

EXR Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	60.65%	N/A	-18.2%
5Y	60.65%	Dec 31, 22	-18.2%
All	60.65%	Dec 31, 22	-18.2%

Gross Margin Lows

EXR Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	48.16%	Dec 31, 24	+3.0%
5Y	48.16%	Dec 31, 24	+3.0%
All	0.00%	Dec 1, 00	N/A

Gross Margin History

Year	Value	Change
2025	49.60%	+3.0%
2024	48.16%	-10.9%
2023	54.03%	-10.9%
2022	60.65%	+5.4%
2021	57.56%	+8.7%
2020	52.95%	-0.1%
2019	53.02%	-1.6%
2018	53.86%	-1.0%
2017	54.42%	+1.7%
2016	53.52%	-0.0%
2015	53.53%	+1.6%
2014	52.67%	+0.8%
2013	52.26%	+2.0%

Year	Value	Change
2012	51.23%	+0.4%
2011	51.04%	+5.0%
2010	48.63%	+2.2%
2009	47.57%	-2.5%
2008	48.81%	-3.9%
2007	50.78%	>+9,900.0%
2006	0.00%	-100.0%
2005	42.11%	+14.1%
2004	36.91%	>+9,900.0%
2003	0.00%	0.0%
2002	0.00%	0.0%
2001	0.00%	0.0%
2000	0.00%	-

FAQ

What is the current annual gross margin of EXR?: As of today, EXR annual gross margin is 49.60%
What is 1-year change in EXR annual gross margin?: EXR annual gross margin is up +2.99% year-over-year
What is 3-year change in EXR annual gross margin?: EXR annual gross margin is down -18.22% over the past 3 years
How far is EXR annual gross margin from its all-time high?: EXR annual gross margin is currently -18.22% below its historical high of 60.65% set on December 31, 2022
How does EXR annual gross margin rank versus sector peers?: EXR annual gross margin is higher than 68.11% of companies in Real Estate sector
When is EXR next annual earnings release?: The next annual earnings release for EXR is on February 18, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

49.84%0.44%-0.88%

September 30, 2026

Summary

Current Value: As of today, EXR quarterly gross margin is 49.84%, down -0.88% on September 30, 2026
Historical Performance: EXR quarterly gross margin is up +0.04% year-over-year, down -4.74% over the past 3 years
All-Time High Comparison: EXR quarterly gross margin is currently -19.51% below its historical high of 61.92% set on June 30, 2022
3-Year Low Comparison: EXR quarterly gross margin is +456.51% above its 3-year low of -13.98% reached on December 31, 2024
Sector Comparison: EXR quarterly gross margin is higher than 64.23% of companies in Real Estate sector

Performance

EXR Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	49.84%	-0.9%	+0.0%	-4.7%	-18.0%
Annual Gross Margin	Dec 31, 25	49.60%	–	+3.0%	-18.2%	-6.3%
Price	Oct 30, 26	$151.32	+2.1%	+12.3%	+45.6%	-23.3%
PE Ratio	Oct 30, 26	31.45	-5.2%	+4.3%	+64.1%	-14.0%
Quarterly Revenue	Sep 30, 26	$889.79M	+1.8%	+3.6%	+18.9%	+115.7%
Quarterly Gross Profit	Sep 30, 26	$443.43M	+0.9%	+3.7%	+13.3%	+76.9%
Quarterly Operating Margin	Sep 30, 26	44.69%	-0.4%	+37.5%	-5.6%	-18.5%
Quarterly Net Margin	Sep 30, 26	29.16%	-7.5%	+44.2%	+9.9%	-39.7%

Quarterly Gross Margin Highs

EXR Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	50.28%	Jun 30, 26	-0.9%
3Y	52.32%	N/A	-4.7%
5Y	61.92%	Jun 30, 22	-19.5%
All	61.92%	Jun 30, 22	-19.5%

Quarterly Gross Margin Lows

EXR Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	-10.36%	Dec 31, 25	+581.1%
3Y	-13.98%	Dec 31, 24	+456.5%
5Y	-13.98%	Dec 31, 24	+456.5%
All	-13.98%	Dec 31, 24	+456.5%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	49.84%	-0.9%
Jun 2026	50.28%	+3.9%
Mar 2026	48.37%	+566.9%
Dec 2025	-10.36%	-120.8%
Sep 2025	49.82%	-0.1%
Jun 2025	49.88%	+2.5%
Mar 2025	48.65%	+448.0%
Dec 2024	-13.98%	-128.6%
Sep 2024	48.89%	-0.8%
Jun 2024	49.26%	+3.8%
Mar 2024	47.47%	-1.7%
Dec 2023	48.31%	-7.7%
Sep 2023	52.32%	-13.2%
Jun 2023	60.26%	+1.6%
Mar 2023	59.30%	-1.7%
Dec 2022	60.31%	-0.4%
Sep 2022	60.56%	-2.2%
Jun 2022	61.92%	+3.6%
Mar 2022	59.76%	-2.8%
Dec 2021	61.49%	+1.2%
Sep 2021	60.77%	+3.1%
Jun 2021	58.94%	+5.4%
Mar 2021	55.94%	-2.1%
Dec 2020	57.15%	+4.8%
Sep 2020	54.54%	+1.8%
Jun 2020	53.58%	-1.1%
Mar 2020	54.20%	-1.9%
Dec 2019	55.25%	+0.7%
Sep 2019	54.86%	-2.1%
Jun 2019	56.04%	+2.0%
Mar 2019	54.94%	-3.6%
Dec 2018	56.97%	+0.9%
Sep 2018	56.46%	+0.7%
Jun 2018	56.05%	+3.0%
Mar 2018	54.43%	-4.1%
Dec 2017	56.74%	+1.2%
Sep 2017	56.09%	-2.2%
Jun 2017	57.34%	+5.4%
Mar 2017	54.38%	-1.8%
Dec 2016	55.37%	-1.2%
Sep 2016	56.07%	+2.2%
Jun 2016	54.84%	+3.9%
Mar 2016	52.78%	-2.4%
Dec 2015	54.10%	-6.5%
Sep 2015	57.87%	+4.6%
Jun 2015	55.32%	+3.5%

Month	Value	Change
Mar 2015	53.45%	-2.3%
Dec 2014	54.70%	-1.2%
Sep 2014	55.36%	+9.9%
Jun 2014	50.37%	-1.7%
Mar 2014	51.23%	-3.1%
Dec 2013	52.89%	-1.3%
Sep 2013	53.61%	+1.3%
Jun 2013	52.91%	+7.3%
Mar 2013	49.33%	-0.6%
Dec 2012	49.65%	-5.4%
Sep 2012	52.50%	-0.8%
Jun 2012	52.90%	+5.9%
Mar 2012	49.96%	-7.2%
Dec 2011	53.81%	+4.2%
Sep 2011	51.62%	+2.8%
Jun 2011	50.20%	+5.5%
Mar 2011	47.57%	-2.3%
Dec 2010	48.68%	-2.1%
Sep 2010	49.72%	+1.0%
Jun 2010	49.22%	+5.1%
Mar 2010	46.83%	-3.4%
Dec 2009	48.49%	+4.9%
Sep 2009	46.23%	-4.2%
Jun 2009	48.24%	+1.8%
Mar 2009	47.40%	-0.9%
Dec 2008	47.85%	-3.7%
Sep 2008	49.68%	+0.1%
Jun 2008	49.61%	+3.2%
Mar 2008	48.07%	-6.0%
Dec 2007	51.14%	+1.3%
Sep 2007	50.49%	-1.1%
Jun 2007	51.03%	+1.2%
Mar 2007	50.41%	+0.7%
Dec 2006	50.08%	+2.4%
Sep 2006	48.91%	+0.4%
Jun 2006	48.71%	+6.7%
Mar 2006	45.67%	+1.5%
Dec 2005	44.98%	-1.6%
Sep 2005	45.72%	+20.2%
Jun 2005	38.03%	+4.9%
Mar 2005	36.26%	-10.4%
Dec 2004	40.48%	+17.4%
Sep 2004	34.48%	-3.2%
Jun 2004	35.61%	+1.3%
Mar 2004	35.14%	-

FAQ

What is the current quarterly gross margin of EXR?: As of today, EXR quarterly gross margin is 49.84%
What is EXR quarterly gross margin most recent change?: EXR quarterly gross margin was down -0.88% on September 30, 2026
What is 1-year change in EXR quarterly gross margin?: EXR quarterly gross margin is up +0.04% year-over-year
How far is EXR quarterly gross margin from its all-time high?: EXR quarterly gross margin is currently -19.51% below its historical high of 61.92% set on June 30, 2022
How does EXR quarterly gross margin rank versus sector peers?: EXR quarterly gross margin is higher than 64.23% of companies in Real Estate sector
When is EXR next earnings release?: The next earnings release for EXR is on February 18, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

EXR Official Website www.extraspace.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1289490/000128949026000011/0001289490-26-000011-index.htm
EXR Profile on Yahoo Finance finance.yahoo.com/quote/EXR
EXR Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/exr