The three largest publicly traded U.S. self-storage REITs—CubeSmart, Extra Space Storage Inc., and Public Storage Inc.—have released their financial results for the third quarter of 2026, ending September 30. The companies generally reported improved performance, including positive same-store revenue and net operating income growth, higher occupancy, and increased rental activity. This reinforces confidence in the sector's business trajectory and ability to generate durable growth.
Original sourceEXRNYSEReal Estate
EXTRA SPACE STORAGE INC
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Latest price
$159.19
-0.58%
Alpha Vantage · 11/6/2026
Industry: REIT - IndustrialCategory: Domestic Common StockCurrency: USDNews: 1 recent
Analyze EXR free One-year price history
Adjusted daily closes · 252 observations · as of Nov 6, 2026
1 month
+19.6%
3 months
+9.8%
6 months
+13.6%
1 year
+27.2%
Year to date
+26.5%
52-week range
$120.95 – $161.04
Fundamental snapshot
Latest reported period: Sep 30, 2026
Market cap
$33.23B
P/E
32
P/B
2.6
P/S
9.6
Revenue
$3.48B
Net income
$1.04B
Diluted EPS
4.92
Gross margin
70.90%
Net margin
29.90%
Return on equity
7.90%
Total debt
$14.17B
Cash
$114.82M
Free cash flow
$1.36B
Latest eight reported quarters
Reported quarterly values, newest first
| Period | Revenue | Net income | Gross margin | Net margin | Free cash flow |
|---|---|---|---|---|---|
| Sep 30, 2026 | $889.79M | $247.76M | 71.10% | 27.80% | $382.97M |
| Jun 30, 2026 | $874.15M | $263.47M | 71.50% | 30.10% | $397.77M |
| Mar 31, 2026 | $856.03M | $240.98M | 70.10% | 28.20% | $392.22M |
| Dec 31, 2025 | $857.47M | $287.4M | 71.00% | 33.50% | $191.12M |
| Sep 30, 2025 | $858.46M | $166M | 70.50% | 19.30% | $330.83M |
| Jun 30, 2025 | $841.62M | $249.73M | 70.90% | 29.70% | $247.99M |
| Mar 31, 2025 | $820M | $270.88M | 70.60% | 33.00% | $358M |
| Dec 31, 2024 | $821.9M | $262.49M | 70.90% | 31.90% | $85.96M |
Reported figures can reflect company reporting conventions, restatements, or sector-specific accounting. Verify against filings before relying on a valuation comparison.
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Self-Storage REITs Release Financial Results for 3Q 2026