Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
164.74
-0.88 (-0.53%)
Oct 30, 2024, 4:00 PM EDT - Market closed
Extra Space Storage Operating Metrics
Period Ending | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
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Ending Same-Store Occupancy | 94.30 | 93.20 | 93.00 | 94.10 | 94.50 | 93.50 | 94.20 | 95.20 | |||||||||||||||||||||||
Ending Same-Store Occupancy Growth | -0.21% | -0.32% | -1.27% | -1.16% | -1.46% | -1.06% | -1.15% | -1.55% |
Revenue by Segment
Period Ending | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
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Property Rental Income Revenue | 2.73B | 2.48B | 2.22B | 1.96B | 1.74B | 1.71B | 1.65B | 1.58B | |||||||||||||||||||||||
Property Rental Income Revenue Growth | 56.93% | 44.93% | 34.32% | 24.19% | 15.82% | 20.58% | 23.40% | 23.77% | |||||||||||||||||||||||
Management Fees and Other Income Revenue | 118.40M | 110.75M | 101.99M | 92.79M | 87.02M | 85.33M | 83.90M | 81.66M | |||||||||||||||||||||||
Management Fees and Other Income Revenue Growth | 36.06% | 29.79% | 21.55% | 13.63% | 14.05% | 20.91% | 26.62% | 33.55% | |||||||||||||||||||||||
Tenant Reinsurance Revenue | 78.44M | 68.29M | 58.87M | 45.91M | 37.55M | 35.61M | 33.56M | 33.43M | |||||||||||||||||||||||
Tenant Reinsurance Revenue Growth | 108.88% | 91.79% | 75.43% | 37.33% | 24.46% | 21.24% | 13.81% | 23.03% |
FFO and Core FFO
Period Ending | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
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Core FFO | 1.76B | 1.59B | 1.45B | 1.30B | 1.20B | 1.21B | 1.21B | 1.18B | |||||||||||||||||||||||
Core FFO Growth | 46.35% | 31.88% | 20.18% | 10.61% | 6.86% | 15.12% | 23.88% | 29.44% | |||||||||||||||||||||||
FFO | 1.62B | 1.48B | 1.35B | 1.23B | 1.19B | 1.20B | 1.20B | 1.17B | |||||||||||||||||||||||
FFO Growth | 35.86% | 23.07% | 12.79% | 5.56% | 6.44% | 14.38% | 23.09% | 28.59% |
Managed Stores by Type
Period Ending | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
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Third Party Stores | 1.42K | 1.41K | 1.34K | 1.28K | 978.00 | 931.00 | 887.00 | 886.00 | |||||||||||||||
Third Party Stores Growth | 45.50% | 51.34% | 50.73% | 44.70% | 13.19% | 9.92% | 7.13% | 7.13% | |||||||||||||||
Unconsolidated Joint Ventures Stores | 472.00 | 472.00 | 472.00 | 471.00 | 323.00 | 323.00 | 318.00 | 315.00 | |||||||||||||||
Unconsolidated Joint Ventures Stores Growth | 46.13% | 46.13% | 48.43% | 49.52% | 6.25% | 12.15% | 10.80% | 20.69% |
Operating Expense Breakdown
Period Ending | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 |
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Property Operations | 781.65M | 699.39M | 612.04M | 529.97M | 459.35M | 448.97M | 435.34M | 416.66M | |||||||||||||||||||||||
Property Operations Growth | 70.16% | 55.78% | 40.59% | 27.19% | 16.33% | 18.22% | 18.10% | 14.70% | |||||||||||||||||||||||
Depreciation and Amortization | 740.25M | 624.53M | 506.05M | 389.83M | 308.92M | 298.90M | 288.32M | 270.59M | |||||||||||||||||||||||
Depreciation and Amortization Growth | 139.63% | 108.94% | 75.52% | 44.07% | 18.50% | 19.00% | 19.20% | 14.45% | |||||||||||||||||||||||
General and Administrative | 160.43M | 155.37M | 146.41M | 142.97M | 137.84M | 134.25M | 129.25M | 121.21M | |||||||||||||||||||||||
General and Administrative Growth | 16.38% | 15.73% | 13.27% | 17.96% | 21.63% | 23.83% | 26.48% | 22.89% | |||||||||||||||||||||||
Life Storage Merger Transition Costs | - | - | 66.73M | 54.17M | - | - | - | - | |||||||||||||||||||||||
Transaction Costs and Acquisition Costs | - | - | - | - | - | - | 1.55M | - |
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.