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Extra Space Storage's gross profit for the
three
months ended in Jun. 2026 was $625 Mil. Extra Space Storage's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $2,439 Mil.
Extra Space Storage (NYSE:EXR) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Extra Space Storage had a gross margin of 71.51% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Extra Space Storage Gross Profit Related Terms
Extra Space Storage Gross Profit Historical Data
* Premium members only.
The historical data trend for Extra Space Storage's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Industrial subindustry, Extra Space Storage's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Extra Space Storage Gross Profit vs REITs Industry
For the REITs industry and Real Estate sector, Extra Space Storage's Gross Profit distribution charts can be found below:
* The bar in red indicates where Extra Space Storage's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,439 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Extra Space Storage (EXR) has a Gross Profit of $2,439 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Extra Space Storage and its competitors.
Is Extra Space Storage's Gross Profit too high?
Extra Space Storage's current Gross Profit is $2,439 Mil. Overall, Extra Space Storage has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Extra Space Storage's Gross Profit compare to EGP and CUBE?
Extra Space Storage's Gross Profit of $2,439 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a REITs company?
A good Gross Profit depends on the REITs industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Extra Space Storage and its competitors. Extra Space Storage's current Gross Profit is $2,439 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extra Space Storage stock overvalued right now?
Based on GuruFocus' analysis, Extra Space Storage (EXR) is currently considered Fairly Valued. The stock's GF Value™ is $147.74, compared to a current price of $149.45 — trading 1.2% above its estimated fair value. The current Gross Profit is $2,439 Mil. Extra Space Storage's overall GF Score™ is 93/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Extra Space Storage (EXR), the current Gross Profit is $2,439 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Extra Space Storage (EXR) Overvalued in 2026?
Based on GuruFocus' analysis, Extra Space Storage stock appears to be overvalued.
The current stock price of $149.45 is trading 1.2% above its estimated GF Value™ of $147.74.
GuruFocus considers Extra Space Storage to be Fairly Valued.
Key valuation signals for EXR:
Gross Profit: $2,439 Mil
GF Value™: $147.74 vs. price of $149.45 (1.2% above fair value)
No single metric tells the full story. See the EXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
93GF Score
Get the complete analysis for EXR
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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