• Extra Space Storage Inc average net profit margin for 2023 was 37.45%, a 23.31% decline from 2022.
• Extra Space Storage Inc average net profit margin for 2022 was 48.83%, a 4.72% decline from 2021.
• Extra Space Storage Inc average net profit margin for 2021 was 46.63%, a 40.03% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.