Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
147.90
-1.50 (-1.00%)
Aug 14, 2026, 4:00 PM EDT - Market closed
Extra Space Storage Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Rental Revenue | 2,949 | 2,895 | 2,803 | 2,223 | 1,655 | 1,341 |
Property Management Fees | 135.13 | 129.48 | 120.86 | 101.99 | 83.9 | 66.26 |
Other Revenue | 426.8 | 421.69 | 400.07 | 290.52 | 226.96 | 202.47 |
| 3,511 | 3,446 | 3,324 | 2,615 | 1,966 | 1,610 | |
Revenue Growth (YoY | 3.89% | 3.68% | 27.12% | 33.04% | 22.11% | 16.77% |
Property Expenses | 880.63 | 860.62 | 790.79 | 594 | 423.35 | 379.3 |
Selling, General & Administrative | 315.59 | 312.75 | 282.06 | 223.32 | 174.89 | 120.99 |
Depreciation & Amortization | 728.96 | 715.18 | 783.02 | 506.05 | 288.32 | 241.88 |
Total Operating Expenses | 1,925 | 1,889 | 1,856 | 1,323 | 886.55 | 742.17 |
Operating Income | 1,586 | 1,558 | 1,468 | 1,292 | 1,079 | 867.55 |
Interest Expense | -642.83 | -635.13 | -595.07 | -437.82 | -219.17 | -166.18 |
Interest & Investment Income | 160.56 | 163.2 | 124.42 | 84.86 | 69.42 | 49.7 |
EBT Excluding Unusual Items | 1,104 | 1,086 | 997.65 | 938.74 | 929.3 | 751.07 |
Merger & Restructuring Charges | - | - | - | -66.73 | -1.47 | - |
Gain (Loss) on Sale of Investments | 54.52 | 54.52 | 13.73 | - | - | 6.25 |
Gain (Loss) on Sale of Assets | -111.21 | -76.31 | -25.91 | - | 14.25 | 140.76 |
Asset Writedown | - | - | -51.76 | - | - | - |
Pretax Income | 1,047 | 1,064 | 933.71 | 872.01 | 942.08 | 898.08 |
Income Tax Expense | 43.79 | 41.56 | 33.48 | 21.56 | 20.93 | 20.32 |
Earnings From Continuing Operations | 1,003 | 1,023 | 900.23 | 850.45 | 921.16 | 877.76 |
Minority Interest in Earnings | -45.36 | -48.54 | -45.55 | -47.26 | -60.47 | -50.11 |
Net Income | 957.84 | 974 | 854.68 | 803.2 | 860.69 | 827.65 |
Preferred Dividends & Other Adjustments | 1.77 | 1.74 | 1.5 | 1.23 | 1.2 | 1.18 |
Net Income to Common | 956.07 | 972.26 | 853.19 | 801.97 | 859.49 | 826.47 |
Net Income Growth | -1.91% | 13.96% | 6.39% | -6.69% | 4.00% | 71.80% |
Basic Shares Outstanding | 211 | 212 | 212 | 169 | 134 | 133 |
Diluted Shares Outstanding | 216 | 212 | 212 | 169 | 142 | 140 |
Shares Change | 2.02% | 0.13% | 25.03% | 19.44% | 1.19% | 8.05% |
EPS (Basic) | 4.52 | 4.59 | 4.03 | 4.74 | 6.41 | 6.20 |
EPS (Diluted) | 4.52 | 4.59 | 4.03 | 4.74 | 6.41 | 6.19 |
EPS Growth | 0.09% | 13.88% | -14.97% | -26.04% | 3.45% | 66.96% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Dividend Per Share | 6.480 | 6.480 | 6.480 | 6.480 | 6.000 | 4.500 |
Dividend Growth | 0% | 0% | 0% | 8.00% | 33.33% | 25.00% |
Operating Margin | 45.17% | 45.20% | 44.17% | 49.40% | 54.90% | 53.90% |
Profit Margin | 27.23% | 28.21% | 25.67% | 30.67% | 43.73% | 51.34% |
EBITDA | 2,311 | 2,269 | 2,246 | 1,792 | 1,367 | 1,109 |
EBITDA Margin | 65.81% | 65.83% | 67.57% | 68.54% | 69.56% | 68.92% |
D&A For Ebitda | 724.72 | 710.94 | 777.72 | 500.68 | 288.32 | 241.88 |
EBIT | 1,586 | 1,558 | 1,468 | 1,292 | 1,079 | 867.55 |
EBIT Margin | 45.17% | 45.20% | 44.17% | 49.40% | 54.90% | 53.90% |
Funds From Operations (FFO) | 1,777 | 1,753 | 1,677 | 1,352 | 1,199 | 973.97 |
FFO Per Share | 8.03 | 7.90 | 7.57 | - | - | - |
Adjusted Funds From Operations (AFFO) | - | 1,753 | 1,677 | 1,352 | 1,199 | 973.97 |
AFFO Per Share | - | 7.90 | 7.57 | - | - | - |
FFO Payout Ratio | 77.14% | 78.40% | 81.98% | 77.38% | 67.18% | 61.71% |
Effective Tax Rate | 4.18% | 3.91% | 3.58% | 2.47% | 2.22% | 2.26% |
Revenue as Reported | 3,446 | 3,378 | 3,257 | 2,560 | 1,924 | 1,577 |