Extra Space Storage Inc. (EXR) — Financial statements
Income statement, balance sheet, and cash flow for Extra Space Storage Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,378↑1.2% | 3,338↑27.6% | 2,615↑33.0% | 1,966↑22.1% | 1,610 | |
| Cost of Revenue | 2,417↑205.7% | 791↑33.1% | 594↑40.3% | 423↑11.6% | 379 | |
| Gross Profit | 960↓62.3% | 2,547↑26.0% | 2,021↑31.0% | 1,542↑25.3% | 1,230 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 186↑11.3% | 167↑14.3% | 146↑13.3% | 129↑26.5% | 102 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 115↑49.1% | 77↑68.5% | 46↑142.8% | 19 | |
| SG&A Expenses | 186↓33.9% | 282↑26.3% | 223↑27.7% | 175↑44.5% | 121 | |
| Other Expenses | -715↓175.9% | 942↑50.0% | 628↑98.0% | 317↑137.5% | 133 | |
| Operating Expenses | -529↓143.2% | 1,224↑43.8% | 851↑73.0% | 492↑93.3% | 254 | |
| Total Costs & Expenses | 1,889↓6.3% | 2,015↑39.4% | 1,445↑57.9% | 915↑44.4% | 634 | |
| Operating Results | ||||||
| Operating Income | 1,489↑12.5% | 1,323↑13.1% | 1,170↑11.4% | 1,050↑7.6% | 976 | |
| Depreciation & Amortization | 715↓8.0% | 778↑55.3% | 501↑73.7% | 288↑19.2% | 242 | |
| EBITDA | 2,414↑6.8% | 2,260↑26.1% | 1,792↑31.1% | 1,367↑23.2% | 1,109 | |
| EBIT | 1,699↑14.7% | 1,482↑14.7% | 1,292↑19.7% | 1,079↑24.4% | 868 | |
| Interest & Other Income | ||||||
| Net Interest Income | -472↓0.3% | -471↓33.3% | -353↓135.7% | -150↓28.6% | -116 | |
| Interest Income | 163↑31.2% | 124↑46.6% | 85↑22.2% | 69↑39.7% | 50 | |
| Interest Expense | 635↑6.7% | 595↑35.9% | 438↑99.8% | 219↑31.9% | 166 | |
| Non-Operating Income | -210↓32.5% | -159↓30.5% | -122↓324.4% | -29↓126.4% | 108 | |
| Other Income / Expenses | -425↓9.0% | -390↓30.7% | -298↓175.2% | -108↓39.1% | -78 | |
| Income Before Tax | 1,064↑14.0% | 934↑7.1% | 872↓7.4% | 942↑4.9% | 898 | |
| Income Tax Expense | 42↑24.1% | 33↑55.3% | 22↑3.0% | 21↑3.0% | 20 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,023↑13.6% | 900↑5.9% | 850↓7.7% | 921↑4.9% | 878 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 974↑14.0% | 855↑6.4% | 803↓6.7% | 861↑4.0% | 828 | |
| Bottom-Line Net Income | 974↑14.2% | 853↑6.4% | 802↓6.7% | 859↑4.0% | 826 | |
| EPS (Basic) | 4.59↑13.9% | 4.03↓15.0% | 4.74↓26.1% | 6.41↑3.4% | 6.20 | |
| EPS (Diluted) | 4.59↑13.9% | 4.03↓15.0% | 4.74↓26.1% | 6.41↑3.6% | 6.19 | |
| Weighted Average Shares | 212↑0.1% | 212↑25.0% | 169↑26.2% | 134↑0.5% | 133 | |
| Weighted Average Diluted Shares | 212↑0.1% | 212↑25.0% | 169↑19.4% | 142↑1.2% | 140 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.