Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
145.46
+0.27 (0.19%)
At close: Mar 28, 2025, 4:00 PM
144.17
-1.29 (-0.89%)
After-hours: Mar 28, 2025, 8:00 PM EDT
Extra Space Storage Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Rental Revenue | 2,803 | 2,223 | 1,655 | 1,341 | 1,158 | Upgrade
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| Property Management Fees | 120.86 | 101.99 | 83.9 | 66.26 | 52.13 | Upgrade
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| Other Revenue | 413.8 | 290.52 | 226.96 | 202.47 | 168.92 | Upgrade
|
| Total Revenue | 3,338 | 2,615 | 1,966 | 1,610 | 1,379 | Upgrade
|
| Revenue Growth (YoY | 27.64% | 33.04% | 22.11% | 16.77% | 4.46% | Upgrade
|
| Property Expenses | 498.37 | 381.64 | 269.79 | 379.3 | 358.77 | Upgrade
|
| Selling, General & Administrative | 282.06 | 223.32 | 174.89 | 120.99 | 124.93 | Upgrade
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| Depreciation & Amortization | 783.02 | 506.05 | 288.32 | 241.88 | 224.44 | Upgrade
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| Other Operating Expenses | 292.41 | 212.36 | 153.56 | - | - | Upgrade
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| Total Operating Expenses | 1,856 | 1,323 | 886.55 | 742.17 | 708.15 | Upgrade
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| Operating Income | 1,482 | 1,292 | 1,079 | 867.55 | 670.43 | Upgrade
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| Interest Expense | -595.07 | -437.82 | -219.17 | -166.18 | -172.3 | Upgrade
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| Interest & Investment Income | 124.42 | 84.86 | 69.42 | 49.7 | 15.19 | Upgrade
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| EBT Excluding Unusual Items | 1,011 | 938.74 | 929.3 | 751.07 | 513.32 | Upgrade
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| Merger & Restructuring Charges | - | -66.73 | -1.47 | - | - | Upgrade
|
| Gain (Loss) on Sale of Investments | - | - | - | 6.25 | - | Upgrade
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| Gain (Loss) on Sale of Assets | -25.91 | - | 14.25 | 140.76 | 18.08 | Upgrade
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| Asset Writedown | -51.76 | - | - | - | - | Upgrade
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| Pretax Income | 933.71 | 872.01 | 942.08 | 898.08 | 531.39 | Upgrade
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| Income Tax Expense | 33.48 | 21.56 | 20.93 | 20.32 | 13.81 | Upgrade
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| Earnings From Continuing Operations | 900.23 | 850.45 | 921.16 | 877.76 | 517.58 | Upgrade
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| Minority Interest in Earnings | -45.55 | -47.26 | -60.47 | -50.11 | -35.8 | Upgrade
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| Net Income | 854.68 | 803.2 | 860.69 | 827.65 | 481.78 | Upgrade
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| Preferred Dividends & Other Adjustments | 1.5 | 1.23 | 1.2 | 1.18 | 0.71 | Upgrade
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| Net Income to Common | 853.19 | 801.97 | 859.49 | 826.47 | 481.07 | Upgrade
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| Net Income Growth | 6.41% | -6.68% | 3.99% | 71.79% | 14.72% | Upgrade
|
| Basic Shares Outstanding | 212 | 169 | 134 | 133 | 130 | Upgrade
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| Diluted Shares Outstanding | 212 | 169 | 142 | 140 | 130 | Upgrade
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| Shares Change (YoY) | 25.03% | 19.44% | 1.19% | 8.05% | -5.02% | Upgrade
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| EPS (Basic) | 4.03 | 4.74 | 6.41 | 6.20 | 3.71 | Upgrade
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| EPS (Diluted) | 4.03 | 4.74 | 6.41 | 6.19 | 3.71 | Upgrade
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| EPS Growth | -14.97% | -26.04% | 3.45% | 66.96% | 14.67% | Upgrade
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| Dividend Per Share | 6.480 | 6.480 | 6.000 | 4.500 | 3.600 | Upgrade
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| Dividend Growth | - | 8.00% | 33.33% | 25.00% | 1.12% | Upgrade
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| Operating Margin | 44.40% | 49.40% | 54.90% | 53.90% | 48.63% | Upgrade
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| Profit Margin | 25.56% | 30.67% | 43.73% | 51.34% | 34.90% | Upgrade
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| EBITDA | 2,260 | 1,792 | 1,367 | 1,109 | 894.87 | Upgrade
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| EBITDA Margin | 67.70% | 68.54% | 69.56% | 68.92% | 64.91% | Upgrade
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| D&A For Ebitda | 777.72 | 500.68 | 288.32 | 241.88 | 224.44 | Upgrade
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| EBIT | 1,482 | 1,292 | 1,079 | 867.55 | 670.43 | Upgrade
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| EBIT Margin | 44.40% | 49.40% | 54.90% | 53.90% | 48.63% | Upgrade
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| Funds From Operations (FFO) | 1,677 | 1,352 | 1,199 | 973.97 | - | Upgrade
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| FFO Per Share | 7.57 | 7.56 | - | - | - | Upgrade
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| Adjusted Funds From Operations (AFFO) | 1,677 | 1,352 | 1,199 | 973.97 | - | Upgrade
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| AFFO Per Share | 7.57 | 7.56 | - | - | - | Upgrade
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| FFO Payout Ratio | 81.98% | 77.38% | 67.18% | 61.71% | - | Upgrade
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| Effective Tax Rate | 3.58% | 2.47% | 2.22% | 2.26% | 2.60% | Upgrade
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| Revenue as Reported | 3,257 | 2,560 | 1,924 | 1,577 | 1,356 | Upgrade
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Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.