Extra Space Storage, Inc. (EXR)

NYSE: EXR · Real Estate Investment Trusts · Salt Lake City, UT · filing with the SEC since 2004

Grade6.1

◀ Past 6.8● Present 6.9▶ Future 4.4

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 20, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 26, 2021	Feb 25, 2020	Feb 26, 2019	Mar 1, 2018	Feb 27, 2017
Revenue	3,377,542	3,256,902	2,560,244	1,924,170	1,577,362	1,356,212	1,308,454	1,196,604	1,105,009	991,875
Cost of revenue	918,148	831,566	612,036	435,342	368,608	360,615	336,050	291,695	271,974	250,005
General and administrative	186,343	167,398	146,408	129,251	102,194	96,594	89,418	81,256	78,961	81,806
Total costs and expenses	1,888,541	1,855,873	1,390,103	888,017	742,169	708,147	674,701	607,708	563,404	542,037
Operating income	1,412,691	1,323,360	1,170,141	1,050,402	975,953	666,140	634,958	619,703	654,394^r	458,303^r
Interest expense	·	·	419,035	219,171	166,183	17,151	22,710	178,436	153,511	133,479
Interest and investment income	163,202	124,422	84,857	69,422	49,703	15,192	7,467	5,292	6,736^r	10,998^r
Share of profit of equity-method investments	68,815	67,272	54,835	41,428	32,358	·	11,274	14,452	15,331	12,895
Income before income taxes	940,761	852,708	817,177	900,653	859,473	509,031	451,157	441,872	502,516	330,842
Income tax expense	41,559	33,478	21,559	20,925	20,324	13,810	11,308	9,244	3,625	15,847
Net income including non-controlling interests	1,022,538	900,232	850,453	921,156	877,758	517,582	451,123	447,080	514,222	397,089
Net income	973,999	854,681	803,198	860,688	827,649	481,779	419,967	415,289	479,013	366,127
Net income to common shareholders	972,260	853,186	801,968	859,487	826,466	481,073	419,287	414,566	478,038	365,335
Earnings per share, basic	4.59	4.03	4.74	6.41	6.20	3.71	3.27	3.29	3.79	2.92
Earnings per share, diluted	4.59	4.03	4.74	6.41	6.19	3.71	3.24	3.27	3.76	2.91
Weighted average shares, basic	211,850,521	211,575,240	169,216,989	134,050,815	133,374,938	129,541,531	128,203,568	126,087,487	125,967,831	125,087,554
Weighted average shares, diluted	211,850,521	211,577,680	169,220,882	141,681,388	140,016,028	129,584,829	136,433,769	133,159,033	134,155,771	125,948,076

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpense
us-gaap:InterestExpenseDebt

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton EXR · research, not advice