Extra Space Storage Inc. (EXR)

Extra Space Storage Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	2,560	1,924	1,577	1,356	1,308
Revenue Growth (YoY)	33.06%	21.99%	16.31%	3.65%	9.35%
Cost of Revenue	670.91	468.9	398.1	387.11	365.43
Gross Profit	1,889	1,455	1,179	969.1	943.03
Selling, General & Admin	146.41	129.25	102.19	96.59	89.42
Other Operating Expenses	572.79	275.62	101.12	206.37	218.65
Operating Expenses	719.19	404.87	203.31	302.96	308.07
Operating Income	1,170	1,050	975.95	666.14	634.96
Interest Expense / Income	419.04	219.17	166.18	168.63	186.53
Other Expense / Income	-73.65	-50.38	-38.2	1.93	17.16
Pretax Income	824.76	881.61	847.97	495.59	431.28
Income Tax	21.56	20.93	20.32	13.81	11.31
Net Income	803.2	860.69	827.65	481.78	419.97
Net Income Growth	-6.68%	3.99%	71.79%	14.72%	1.13%
Shares Outstanding (Basic)	169	134	133	130	128
Shares Outstanding (Diluted)	169	142	140	130	136
Shares Change	19.44%	1.19%	8.05%	-5.02%	2.46%
EPS (Basic)	4.74	6.41	6.20	3.71	3.27
EPS (Diluted)	4.74	6.41	6.19	3.71	3.24
EPS Growth	-26.05%	3.55%	66.85%	14.51%	-0.92%
Free Cash Flow	965.59	-138.2	-340.75	376.69	296.71
Free Cash Flow Per Share	5.71	-1.03	-2.56	2.91	2.31
Dividend Per Share	6.480	6.000	4.500	3.600	3.560
Dividend Growth	8.00%	33.33%	25.00%	1.12%	5.95%
Gross Margin	73.80%	75.63%	74.76%	71.46%	72.07%
Operating Margin	45.70%	54.59%	61.87%	49.12%	48.53%
Profit Margin	31.37%	44.73%	52.47%	35.52%	32.10%
Free Cash Flow Margin	37.71%	-7.18%	-21.60%	27.78%	22.68%
Effective Tax Rate	2.61%	2.37%	2.40%	2.79%	2.62%
EBITDA	1,750	1,389	1,256	889.83	838.72
EBITDA Margin	68.35%	72.19%	79.63%	65.61%	64.10%
Depreciation & Amortization	506.05	288.32	241.88	225.62	220.92
EBIT	1,244	1,101	1,014	664.22	617.8
EBIT Margin	48.58%	57.21%	64.29%	48.98%	47.22%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).