Extra Space Storage Inc

EXR: XNYS (USA)

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Extra Space Storage's NOI May Decline in 2026 but Company Should Be Positioned for Long-Term Growth

Kevin Brown

Mar 20, 2026

Business Strategy and Outlook

Extra Space Storage acquires, owns, and operates self-storage facilities, which offer storage spaces of varying sizes and features on a monthly lease, for personal and business use. The firm also has a lucrative insurance business and a strategically important third-party management business.

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How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

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Extra Space Storage Inc

Extra Space Storage's NOI May Decline in 2026 but Company Should Be Positioned for Long-Term Growth

Business Strategy and Outlook

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