Extra Space Storage (EXR) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 73.5%
EBITDA Margin: 66.1%
Op. Margin: 44.9%
Net Margin: 30.1%

Op. margin of 44.9% is up 0.4% YoY — cost efficiency is improving. Net margin at 30.1% and gross margin of 73.5% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit