Extra Space Storage Inc. Annual Operating Margin in % from 2016 to 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Extra Space Storage Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2024.
  • Extra Space Storage Inc. Operating Margin for the quarter ending June 30, 2025 was 43.7 %, a 8.25% increase year-over-year.
  • Extra Space Storage Inc. annual Operating Margin for 2024 was 40.6 %, a 11.1% decline from 2023.
  • Extra Space Storage Inc. annual Operating Margin for 2023 was 45.7 %, a 16.3% decline from 2022.
  • Extra Space Storage Inc. annual Operating Margin for 2022 was 54.6 %, a 11.8% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 40.6 -5.07 -11.1% Jan 1, 2024 Dec 31, 2024
2023 45.7 -8.89 -16.3% Jan 1, 2023 Dec 31, 2023
2022 54.6 -7.28 -11.8% Jan 1, 2022 Dec 31, 2022
2021 61.9 +12.8 +26% Jan 1, 2021 Dec 31, 2021
2020 49.1 +0.59 +1.22% Jan 1, 2020 Dec 31, 2020
2019 48.5 -3.26 -6.3% Jan 1, 2019 Dec 31, 2019
2018 51.8 -7.43 -12.5% Jan 1, 2018 Dec 31, 2018
2017 59.2 +13 +28.2% Jan 1, 2017 Dec 31, 2017
2016 46.2 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.