How Much Does the Extra Space Storage CEO Make?
Joe Margolis, CEO of Extra Space Storage, earned $8.0M in total compensation in 2025, including $4.0M in stock awards and $800,000 in base salary.
This page answers a common executive-compensation question: How Much Does the Extra Space Storage CEO Make?. The answer draws on SEC DEF 14A proxy statements, the public disclosure mechanism for U.S. public-company executive pay. Every public company must file an annual proxy statement disclosing CEO and named-executive-officer compensation in detail. Why this matters for shareholders: executive compensation is the single most-disclosed governance metric at U.S. public companies, and the Dodd-Frank-mandated say-on-pay vote gives shareholders an explicit channel to express approval or dissent. Reading pay data well — including pay-versus-performance, peer-group selection, and time-vesting structures — is a basic part of stock-by-stock fundamental analysis.
The detailed answer below uses the actual proxy-statement filings, explains how to read them, and translates the executive-compensation accounting into the shareholder-relevant interpretation.
Joe Margolis leads Extra Space Storage (EXR), a Self-Storage REITs company with approximately 5,200 employees. In the 2025 proxy statement filed with the SEC, Joe Margolis's total compensation of $8,000,000 included $800,000 in base salary, $0 in cash bonus, $4,000,000 in stock awards, and $960,000 in option awards.
The CEO-to-median-worker pay ratio at Extra Space Storage is 114:1, meaning the CEO earns 114x the median worker's pay of $70,000. Over the past three years, Extra Space Storage produced a total shareholder return of 27.8% against 14.9% revenue growth. Our Pay-for-Performance Score rates the alignment as A (84/100).
In the most recent say-on-pay vote, 96.6% of shareholders approved the executive compensation plan. Strong shareholder support signals broad approval of the pay package.
Key Data
| Component | Amount |
|---|---|
| Total Compensation | $8,000,000 |
| Base Salary | $800,000 |
| Stock Awards | $4,000,000 |
| Option Awards | $960,000 |
| Non-Equity Incentive | $1,200,000 |
| CEO-to-Worker Pay Ratio | 114:1 |
| Pay-Performance Grade | A |
Other Self-Storage REITs CEOs
Frequently Asked Questions
Joe Margolis, CEO of Extra Space Storage, earned $8.0M in total compensation in 2025, including $4.0M in stock awards and $800,000 in base salary.
Joe Margolis is the chief executive officer of Extra Space Storage (EXR).
The CEO at Extra Space Storage earns approximately 114 times the median worker's pay of $70,000.
In 2025, total compensation of $8,000,000 was composed of $800,000 base salary, $0 cash bonus, $4,000,000 stock awards, $960,000 option awards, and $1,200,000 in non-equity incentive compensation.
Our Pay-for-Performance Score rates Extra Space Storage as A (84/100), based on three-year total shareholder return of 27.8%, revenue growth of 14.9%, and shareholder say-on-pay vote approval.
Joe Margolis, CEO of Extra Space Storage, earned $8.0M in total compensation in 2025, including $4.0M in stock awards and $800,000 in base salary.
Source: SEC EDGAR DEF 14A proxy statements, 2026.