Gross Profit for Extra Space Storage (EXR)
According to Extra Space Storage's latest reported financial statements, the company's current gross profit (TTM) is $345.79M USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$345.79M
YoY change
-62.3%
5Y CAGR
-1.2%
Peak year (2024)
$2.55B
Cumulative gross profit
$15.94B
Gross Profit history chart for Extra Space Storage (EXR) from 2001 to 2025
Gross Profit history table for Extra Space Storage (EXR) from 2001 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $960.17M | -62.3% | ||
| 2024 | $2.55B | +26.0% | ||
| 2023 | $2.02B | +31.0% | ||
| 2022 | $1.54B | +25.3% | ||
| 2021 | $1.23B | +20.7% | ||
| 2020 | $1.02B | +4.1% | ||
| 2019 | $979.41M | +7.7% | ||
| 2018 | $909.81M | +7.8% | ||
| 2017 | $843.60M | +12.2% | ||
| 2016 | $752.08M | +27.9% | ||
| 2015 | $588.15M | +24.1% | ||
| 2014 | $473.87M | +26.5% | ||
| 2013 | $374.61M | +27.9% | ||
| 2012 | $293.01M | +28.4% | ||
| 2011 | $228.21M | +20.9% | ||
| 2010 | $188.83M | -1.4% | ||
| 2009 | $191.54M | +4.3% | ||
| 2008 | $183.66M | -23.1% | ||
| 2007 | $238.87M | +79.7% | ||
| 2006 | $132.92M | +27.6% | ||
| 2005 | $104.17M | +112.6% | ||
| 2004 | $49.01M | +35.2% | ||
| 2003 | $36.26M | +14.9% | ||
| 2002 | $31.56M | +38.3% | ||
| 2001 | $22.81M | — |
Gross Profit values are taken from Extra Space Storage's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual gross profit for Extra Space Storage (EXR) came in at $960.17M – plunged 62.3% year-over-year.
Through 2020–2025 (5 years), Extra Space Storage gross profit delivered a -1.2% annualised rate; with a net decline across the window.
Extra Space Storage gross profit peaked at $2.55B in 2024; the latest annual figure is $960.17M in 2025 (62.3% below peak).
Across the available history, gross profit reached its high of $2.55B in 2024 and its low of $22.81M in 2001.
Within Real Estate, Extra Space Storage (EXR) ranks 9th among 8 peers we track. The peer median for gross profit is $4.96B.
Extra Space Storage Gross Profit by Year
Extra Space Storage Gross Profit 2025: $960.17M
Extra Space Storage gross profit in 2025 was $960.17M, plunged 62.3% below 2024.
Extra Space Storage Gross Profit 2024: $2.55B
Extra Space Storage gross profit in 2024 was $2.55B, grew 26.0% from 2023. This figure represents the highest annual value in the available history.
Extra Space Storage Gross Profit 2023: $2.02B
Extra Space Storage gross profit in 2023 was $2.02B, surged 31.0% from 2022.
Extra Space Storage Gross Profit 2022: $1.54B
Extra Space Storage gross profit in 2022 was $1.54B, grew 25.3% from 2021.
Extra Space Storage Gross Profit 2021: $1.23B
Extra Space Storage gross profit in 2021 was $1.23B.
See more financial history for Extra Space Storage (EXR).
Sector peers — Gross Profit
Companies in the same sector as Extra Space Storage, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $7.84B | Real Estate |
| Simon Property Group, Inc. (SPG) | $5.46B | Real Estate |
| Prologis, Inc. (PLD) | $5.24B | Real Estate |
| Realty Income Corporation (O) | $5.16B | Real Estate |
| Equinix, Inc. (EQIX) | $4.75B | Real Estate |
| Welltower Inc. (WELL) | $4.18B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.39B | Real Estate |
| Public Storage (PSA) | $1.20B | Real Estate |
Frequently asked questions
What is Extra Space Storage's gross profit?
- Latest reported gross profit for Extra Space Storage (EXR) is $345.79M (period ending March 31, 2026).
How has Extra Space Storage gross profit changed year-over-year?
- Extra Space Storage (EXR) gross profit changed -62.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Extra Space Storage gross profit?
- Extra Space Storage (EXR) gross profit compound annual growth rate is -1.2% over the most recent 5 years available.
When did Extra Space Storage gross profit hit its highest annual value?
- Extra Space Storage gross profit reached its highest annual value of $2.55B in 2024.
What was Extra Space Storage gross profit in 2024?
- Extra Space Storage (EXR) gross profit in 2024 was $2.55B.
What was Extra Space Storage gross profit in 2025?
- Extra Space Storage (EXR) gross profit in 2025 was $960.17M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
EXR Overview
Company profile, financial tools, and key metrics
EXR Revenue Counter
Earns $107.10 every second. See per minute, hour, and day.
EXR Earnings Counter
Earns $30.89 per second net profit. See per minute, hour, and day.
EXR Economic Scale
Exceeds Belize's GDP. Compare with world economies.
EXR What If Invested
What if you had invested $1,000? See historical returns from any date.
EXR How It Makes Money
Discover visual breakdown of $3.38B in revenue — where it comes from and where it goes.
EXR Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
EXR Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
EXR Daily Price Character
Balanced · 51.7% historical win rate (green days). Streaks & record days.
EXR Buybacks
0.55% TTM buyback yield. Shareholder yield & SBC comparison.
EXR Dividend Profile
Yield: 4.61%. Safety: 3/8. See full history.
EXR Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
EXR Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.