Extra Space Storage Inc.
EXR · XNYSCIK 1289490fmd_031T3PVP4PQ3534F2E3X4FDH0NFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2008 to Sep 30, 2026, 71 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 992 | 1,105 | 1,197 | 1,308 | 1,356 | 1,577 | 1,924 | 2,560 | 3,257 | 3,378 |
| Cost of revenue | 250 | 272 | 292 | 336 | 361 | 369 | 435 | 612 | 832 | 918 |
| Gross profit | 742 | 833 | 905 | 972 | 996 | 1,209 | 1,489 | 1,948 | 2,425 | 2,459 |
| Depreciation and amortization | 183 | 193 | 209 | 220 | – | 242 | 288 | 506 | 783 | 715 |
| Gain on sale of real estate | – | – | – | – | – | – | 14 | – | (34) | – |
| Impairment of real estate | – | 6 | – | – | – | – | – | – | – | – |
| Funds from operations (NAREIT definition, derived) | 549 | 678 | 624 | 640 | – | 1,070 | 1,135 | 1,309 | 1,671 | 1,689 |
| Operating income | 458 | 654 | 620 | 635 | 666 | 976 | 1,050 | 1,170 | 1,323 | 1,413 |
| Interest expense | 133 | 154 | 178 | 23 | 17 | 166 | 219 | 419 | – | – |
| Interest and investment income | 11 | 7 | 5 | 7 | 15 | 50 | 69 | 85 | 124 | 163 |
| Income before taxes | 331 | 503 | 442 | 451 | 509 | 859 | 901 | 817 | 853 | 941 |
| Income tax expense | 16 | 4 | 9 | 11 | 14 | 20 | 21 | 22 | 33 | 42 |
| Net income from continuing operations | 315 | 499 | 433 | 440 | 495 | 839 | 880 | 796 | 819 | 899 |
| Net income | 366 | 479 | 415 | 420 | 482 | 828 | 861 | 803 | 855 | 974 |
| Net income to common shareholders | 365 | 478 | 415 | 419 | 481 | 826 | 859 | 802 | 853 | 972 |