Extra Space Storage Inc. (EXR)

EXR Income Statement

Revenue, expenses, and profitability analysis

EXR Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	3.394B	856.027M	918.433M	777.563M	841.618M	839.928M	840.660M	854.780M	827.918M
Cost of Goods Sold	2.448B	256.170M	1.477B	470.114M	244.566M	225.548M	124.686M	226.545M	216.533M
Gross Profit	945.644M	599.857M	-558.714M	307.449M	597.052M	614.380M	715.974M	628.235M	611.385M
Gross Profit Margin	70.1%	70.1%	-60.8%	39.5%	70.9%	73.1%	85.2%	73.5%	73.8%
Total Operating Expenses	-522.180M	232.304M	-1.006B	28.329M	223.082M	225.650M	335.942M	325.496M	306.624M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	171.728M	46.509M	51.938M	28.329M	44.952M	61.124M	158.690M	39.750M	39.901M
Operating Income (EBIT)	1.468B	367.553M	447.181M	279.120M	373.970M	388.730M	380.032M	302.739M	304.761M
Operating Margin	42.9%	42.9%	48.7%	35.9%	44.4%	46.3%	45.2%	35.4%	36.8%
Income Before Tax (EBT)	1.033B	263.209M	371.070M	124.757M	274.354M	293.916M	283.836M	213.802M	205.256M
Interest Income	163.778M	39.543M	38.649M	43.588M	41.998M	38.967M	34.676M	34.947M	31.226M
Interest Expense	1.494B	159.854M	426.265M	749.787M	157.898M	153.712M	149.636M	153.860M	147.986M
Other Income/Expense	-434.434M	-104.344M	-76.111M	-154.363M	-99.616M	-94.814M	-96.196M	-88.937M	-99.505M
Net Income	944.101M	240.977M	283.451M	169.942M	249.731M	270.875M	262.487M	192.818M	185.872M
Income Tax Expense	43.357M	10.789M	74.150M	-53.220M	11.638M	8.991M	6.035M	10.857M	9.844M
Net Profit Margin	28.2%	28.2%	30.9%	21.9%	29.7%	32.2%	31.2%	22.6%	22.5%
EBITDA	3.248B	608.858M	977.424M	1.052B	609.518M	553.256M	551.977M	588.485M	571.484M
EBITDA Margin	71.1%	71.1%	106.4%	135.3%	72.4%	65.9%	65.7%	68.8%	69.0%
Depreciation & Amortization	720.616M	185.795M	180.089M	177.466M	177.266M	180.356M	190.895M	195.046M	194.809M
EPS Basic	4.46	1.14	1.36	0.78	1.18	1.28	1.24	0.95	0.88
EPS Diluted	4.40	1.14	1.30	0.78	1.18	1.28	1.24	0.91	0.88
Shares Outstanding	210.897M	210.897M	211.648M	211.919M	211.896M	211.851M	211.738M	211.698M	211.584M
Diluted Shares Outstanding	220.323M	220.323M	221.053M	211.919M	211.896M	212.053M	211.738M	220.299M	211.587M

EXR Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	3.378B	3.338B	2.615B	1.966B	1.610B	1.379B	1.320B	1.211B
Cost of Goods Sold	2.417B	790.787M	593.998M	423.351M	379.303M	358.773M	340.320M	301.249M
Gross Profit	960.167M	2.547B	2.021B	1.542B	1.230B	1.020B	979.408M	909.807M
Gross Profit Margin	28.4%	76.3%	77.3%	78.5%	76.4%	74.0%	74.2%	75.1%
Total Operating Expenses	-528.834M	1.224B	850.940M	491.845M	254.464M	353.660M	344.450M	290.104M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	186.343M	282.063M	223.320M	174.885M	120.987M	124.930M	114.524M	97.409M
Operating Income (EBIT)	1.489B	1.323B	1.170B	1.050B	975.953M	666.140M	634.958M	619.703M
Operating Margin	44.1%	39.6%	44.7%	53.4%	60.6%	48.3%	48.1%	51.2%
Income Before Tax (EBT)	1.064B	933.710M	872.012M	942.081M	898.082M	531.392M	462.431M	456.324M
Interest Income	163.202M	124.422M	84.857M	69.422M	49.703M	15.192M	7.467M	5.292M
Interest Expense	635.132M	595.074M	437.821M	219.171M	166.183M	172.301M	191.268M	183.123M
Other Income/Expense	-424.904M	-389.650M	-298.129M	-108.321M	-77.871M	-134.748M	-172.527M	-163.379M
Net Income	973.999M	854.681M	803.198M	860.688M	827.649M	481.779M	419.967M	415.289M
Income Tax Expense	41.559M	33.478M	21.559M	20.925M	20.324M	13.810M	11.308M	9.244M
Net Profit Margin	28.8%	25.6%	30.7%	43.8%	51.4%	34.9%	31.8%	34.3%
EBITDA	2.414B	2.260B	1.792B	1.367B	1.109B	894.870M	864.884M	812.398M
EBITDA Margin	71.5%	67.7%	68.5%	69.6%	68.9%	64.9%	65.5%	67.1%
Depreciation & Amortization	715.177M	777.716M	500.676M	288.316M	241.879M	224.444M	219.857M	209.050M
EPS Basic	4.59	4.03	4.74	6.41	6.20	3.71	3.27	3.28
EPS Diluted	4.59	4.03	4.74	6.41	6.19	3.71	3.24	3.12
Shares Outstanding	211.851M	211.575M	169.217M	134.051M	133.375M	129.542M	128.204M	126.662M
Diluted Shares Outstanding	211.851M	211.578M	169.221M	141.681M	140.016M	129.585M	136.434M	133.159M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Extra Space Storage Inc.

Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.

Salt Lake City, UT

8,012 employees

www.extraspace.com

Real Estate / REIT - Industrial

Sector: Real Estate
Industry: REIT - Industrial
CEO: Joseph Daniel Margolis

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