Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
146.62
-0.88 (-0.60%)
At close: Mar 6, 2026, 4:00 PM EST
146.24
-0.38 (-0.26%)
After-hours: Mar 6, 2026, 7:41 PM EST
Extra Space Storage Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Rental Revenue | 2,895 | 2,803 | 2,223 | 1,655 | 1,341 | Upgrade
|
| Property Management Fees | 129.48 | 120.86 | 101.99 | 83.9 | 66.26 | Upgrade
|
| Other Revenue | 421.69 | 400.07 | 290.52 | 226.96 | 202.47 | Upgrade
|
| Total Revenue | 3,446 | 3,324 | 2,615 | 1,966 | 1,610 | Upgrade
|
| Revenue Growth (YoY | 3.68% | 27.12% | 33.04% | 22.11% | 16.77% | Upgrade
|
| Property Expenses | 860.62 | 790.79 | 594 | 423.35 | 379.3 | Upgrade
|
| Selling, General & Administrative | 312.75 | 282.06 | 223.32 | 174.89 | 120.99 | Upgrade
|
| Depreciation & Amortization | 715.18 | 783.02 | 506.05 | 288.32 | 241.88 | Upgrade
|
| Total Operating Expenses | 1,889 | 1,856 | 1,323 | 886.55 | 742.17 | Upgrade
|
| Operating Income | 1,558 | 1,468 | 1,292 | 1,079 | 867.55 | Upgrade
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| Interest Expense | -635.13 | -595.07 | -437.82 | -219.17 | -166.18 | Upgrade
|
| Interest & Investment Income | 163.2 | 124.42 | 84.86 | 69.42 | 49.7 | Upgrade
|
| EBT Excluding Unusual Items | 1,086 | 997.65 | 938.74 | 929.3 | 751.07 | Upgrade
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| Merger & Restructuring Charges | - | - | -66.73 | -1.47 | - | Upgrade
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| Gain (Loss) on Sale of Investments | 54.52 | 13.73 | - | - | 6.25 | Upgrade
|
| Gain (Loss) on Sale of Assets | -76.31 | -25.91 | - | 14.25 | 140.76 | Upgrade
|
| Asset Writedown | - | -51.76 | - | - | - | Upgrade
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| Pretax Income | 1,064 | 933.71 | 872.01 | 942.08 | 898.08 | Upgrade
|
| Income Tax Expense | 41.56 | 33.48 | 21.56 | 20.93 | 20.32 | Upgrade
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| Earnings From Continuing Operations | 1,023 | 900.23 | 850.45 | 921.16 | 877.76 | Upgrade
|
| Minority Interest in Earnings | -48.54 | -45.55 | -47.26 | -60.47 | -50.11 | Upgrade
|
| Net Income | 974 | 854.68 | 803.2 | 860.69 | 827.65 | Upgrade
|
| Preferred Dividends & Other Adjustments | 1.74 | 1.5 | 1.23 | 1.2 | 1.18 | Upgrade
|
| Net Income to Common | 972.26 | 853.19 | 801.97 | 859.49 | 826.47 | Upgrade
|
| Net Income Growth | 13.96% | 6.41% | -6.68% | 3.99% | 71.79% | Upgrade
|
| Basic Shares Outstanding | 212 | 212 | 169 | 134 | 133 | Upgrade
|
| Diluted Shares Outstanding | 212 | 212 | 169 | 142 | 140 | Upgrade
|
| Shares Change (YoY) | 0.13% | 25.03% | 19.44% | 1.19% | 8.05% | Upgrade
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| EPS (Basic) | 4.59 | 4.03 | 4.74 | 6.41 | 6.20 | Upgrade
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| EPS (Diluted) | 4.59 | 4.03 | 4.74 | 6.41 | 6.19 | Upgrade
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| EPS Growth | 13.88% | -14.97% | -26.04% | 3.45% | 66.96% | Upgrade
|
| Dividend Per Share | 6.480 | 6.480 | 6.480 | 6.000 | 4.500 | Upgrade
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| Dividend Growth | - | - | 8.00% | 33.33% | 25.00% | Upgrade
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| Operating Margin | 45.20% | 44.17% | 49.40% | 54.90% | 53.90% | Upgrade
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| Profit Margin | 28.21% | 25.67% | 30.67% | 43.73% | 51.34% | Upgrade
|
| EBITDA | 2,269 | 2,246 | 1,792 | 1,367 | 1,109 | Upgrade
|
| EBITDA Margin | 65.83% | 67.57% | 68.54% | 69.56% | 68.92% | Upgrade
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| D&A For Ebitda | 710.94 | 777.72 | 500.68 | 288.32 | 241.88 | Upgrade
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| EBIT | 1,558 | 1,468 | 1,292 | 1,079 | 867.55 | Upgrade
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| EBIT Margin | 45.20% | 44.17% | 49.40% | 54.90% | 53.90% | Upgrade
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| Funds From Operations (FFO) | 1,753 | 1,677 | 1,352 | 1,199 | 973.97 | Upgrade
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| FFO Per Share | 7.90 | 7.57 | - | - | - | Upgrade
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| Adjusted Funds From Operations (AFFO) | 1,753 | 1,677 | 1,352 | 1,199 | 973.97 | Upgrade
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| AFFO Per Share | 7.90 | 7.57 | - | - | - | Upgrade
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| FFO Payout Ratio | 78.40% | 81.98% | 77.38% | 67.18% | 61.71% | Upgrade
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| Effective Tax Rate | 3.91% | 3.58% | 2.47% | 2.22% | 2.26% | Upgrade
|
| Revenue as Reported | 3,378 | 3,257 | 2,560 | 1,924 | 1,577 | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.