EXR
Extra Space Storage IncStock · Real EstateUS REITs 1.6% · S&P 500 Equal Weight 0.2% · S&P 500 0.05% · Russell 1000 0.04% · US Stock Market 0.04% · Russell 3000 0.04% · MSCI World 0.03% · MSCI ACWI 0.03%$137.64+0.87%
as of market close, Sep 11, 2026
☾ AH — —
EXR financial statements
The full income statement, balance sheet, and cash-flow statement for Extra Space Storage Inc (EXR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 211.9M2024-09 212.0M2024-12 212.0M2025-03 212.2M2025-06 212.3M2025-09 212.2M2025-12 211.1M2026-03 211.3M2026-06 211.3M-0.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 3.38B+3.7% | 3.26B+27.2% | 2.56B+33.1% | 1.92B+22.0% | 1.58B+16.3% | |
| Cost of revenue | 918M+10.4% | 832M+35.9% | 612M+40.6% | 435M+18.1% | 369M+2.2% | |
| Selling, general & administrative | 186M+11.3% | 167M+14.3% | 146M+13.3% | 129M+26.5% | 102M+5.8% | |
| General & administrative | 186M+11.3% | 167M+14.3% | 146M+13.3% | 129M+26.5% | 102M+5.8% | |
| Amortization of intangibles | 21.2M-81.5% | 115M+91.6% | 59.8M+327.8% | 14.0M+192.6% | 4.78M+111.6% | |
| Operating income | 1.41B+6.8% | 1.32B+13.1% | 1.17B+11.4% | 1.05B+7.6% | 976M+46.5% | |
| Interest expense | — | — | 419M+91.2% | 219M+31.9% | 166M+868.9% | |
| Interest & investment income | 163M+31.2% | 124M+46.6% | 84.9M+22.2% | 69.4M+39.7% | 49.7M+227.2% | |
| Equity-method income | 68.8M+2.3% | 67.3M+22.7% | 54.8M+32.4% | 41.4M+28.0% | 32.4M | |
| Pre-tax income | 941M+10.3% | 853M+4.3% | 817M-9.3% | 901M+4.8% | 859M+68.8% | |
| Income tax | 41.6M+24.1% | 33.5M+55.3% | 21.6M+3.0% | 20.9M+3.0% | 20.3M+47.2% | |
| 974M+14.0% | 855M+6.4% | 803M-6.7% | 861M+4.0% | 828M+71.8% | ||
| Net income to common | 972M+14.0% | 853M+6.4% | 802M-6.7% | 859M+4.0% | 826M+71.8% | |
| $4.59+13.9% | $4.03-15.0% | $4.74-26.1% | $6.41+3.6% | $6.19+66.8% | ||
| EPS (basic) | $4.59+13.9% | $4.03-15.0% | $4.74-26.1% | $6.41+3.4% | $6.20+67.1% | |
| Weighted-avg shares (basic) | 212M+0.1% | 212M+25.0% | 169M+26.2% | 134M+0.5% | 133M+3.0% | |
| Weighted-avg shares (diluted) | 212M+0.1% | 212M+25.0% | 169M+19.4% | 142M+1.2% | 140M+8.0% | |
| Dividends per share | $6.48+0.0% | $6.48+0.0% | $6.48+8.0% | $6.00+33.3% | $4.50+25.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 139M+0.5% | 138M+39.5% | 99.1M+6.7% | 92.9M+30.6% | 71.1M-34.8% | |
| 29.3B+1.4% | 28.8B+5.1% | 27.5B+125.7% | 12.2B+16.2% | 10.5B+11.5% | ||
| Property, plant & equipment | 65.2M+29.4% | 50.4M+3.4% | 48.7M+13.8% | 42.8M+47.3% | 29.1M | |
| Operating lease right-of-use | 732M+6.1% | 690M+203.6% | 227M+2.5% | 222M-2.7% | 228M-9.6% | |
| Goodwill | 171M+0.0% | 171M+0.0% | 171M+0.0% | 171M | 0.00 | |
| Intangible assets | 11.6M-64.0% | 32.2M-51.4% | 66.3M | 0.00 | — | |
| 14.9B+6.8% | 14.0B+16.2% | 12.0B+48.9% | 8.09B+20.9% | 6.69B+3.5% | ||
| Long-term debt | 9.43B+21.6% | 7.76B+21.0% | 6.41B+132.5% | 2.76B+16.9% | 2.36B-50.8% | |
| Operating lease liability (total) | 761M+7.8% | 706M+198.4% | 237M+3.3% | 229M-1.9% | 233M-11.4% | |
| Finance lease liability (total) | 141M-0.9% | 142M-1.3% | 144M-1.3% | 146M+16.9% | 125M+126.4% | |
| 13.4B-3.7% | 13.9B-3.1% | 14.4B+341.5% | 3.26B+4.6% | 3.12B+22.3% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 2.11M-0.4% | 2.12M+0.3% | 2.11M+57.8% | 1.34M+0.0% | 1.34M+1.9% | |
| Additional paid-in capital | 14.9B+0.3% | 14.8B+0.6% | 14.8B+340.9% | 3.35B+1.8% | 3.29B+9.5% | |
| Retained earnings | -1.45B-61.1% | -899M-137.3% | -379M-179.0% | -136M-5.9% | -128M+63.9% | |
| Accumulated other comprehensive income | -420K-103.3% | 12.8M-26.6% | 17.4M-64.3% | 48.8M+214.7% | -42.5M+57.1% | |
| Total equity incl. non-controlling | 14.3B-3.6% | 14.9B-3.6% | 15.4B+278.0% | 4.08B+7.7% | 3.79B+28.9% | |
| Total liabilities & equity | 29.3B+1.4% | 28.8B+5.1% | 27.5B+125.7% | 12.2B+16.2% | 10.5B+11.5% | |
| Common shares issued | 211M-0.4% | 212M+0.3% | 211M+57.8% | 134M-0.0% | 134M+2.0% | |
| Common shares outstanding | 211M-0.4% | 212M+0.3% | 211M+57.8% | 134M-0.0% | 134M+2.0% | |
| Shares outstanding (cover) | 211M-0.4% | 212M+0.2% | 212M+56.7% | 135M+0.6% | 134M+1.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.85B-2.0% | 1.89B+34.6% | 1.40B+13.3% | 1.24B+30.0% | 952M+23.5% | ||
| Depreciation & amortization | 715M-8.7% | 783M+54.7% | 506M+75.5% | 288M+19.2% | 242M | |
| Intangible amortization | 21.2M-81.5% | 115M+91.6% | 59.8M+327.8% | 14.0M+192.6% | 4.78M+111.6% | |
| Share-based compensation | 35.5M+22.6% | 29.0M+9.5% | 26.5M+23.8% | 21.4M+23.6% | 17.3M+6.3% | |
| Deferred income taxes | 3.65M+364.6% | -1.38M+57.5% | -3.25M-277.9% | 1.83M+102.1% | 904K+38.0% | |
| -814M+50.6% | -1.65B+9.4% | -1.82B-10.3% | -1.65B-96.8% | -838M+12.3% | ||
| Capital expenditure | 562M+17.3% | 479M+253.3% | 136M-88.6% | 1.19B-3.2% | 1.23B+285.2% | |
| Free cash flow | 1.29B-8.5% | 1.41B+11.2% | 1.27B+2723.0% | 44.9M+116.0% | -281M-162.3% | |
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 157M | 0.00 | |
| -1.04B-412.2% | -202M-147.8% | 423M-2.0% | 432M+359.0% | -167M-169.0% | ||
| Long-term debt issued | 16.2B+86.3% | 8.69B+22.1% | 7.11B+37.1% | 5.19B-9.1% | 5.71B+73.9% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 273M+164.0% | |
| Common stock repurchased | 150M | 0.00 | 0.00-100.0% | 63.0M | 0.00-100.0% | |
| Dividends paid | 1.37B-0.1% | 1.38B+31.4% | 1.05B+29.9% | 805M+34.0% | 601M+28.5% | |
| Net change in cash | -123K-100.3% | 38.2M+420.1% | 7.35M-65.9% | 21.5M+141.6% | -51.8M-190.5% | |
| Interest paid | 565M+13.1% | 499M+47.5% | 339M+71.8% | 197M+29.5% | 152M-4.7% | |
| Income taxes paid | 35.3M+4.5% | 33.8M+48.4% | 22.8M+20.0% | 19.0M-27.8% | 26.3M+406.7% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 27.5B-13.3% | 31.7B-6.4% | 33.9B+71.9% | 19.7B-35.2% | 30.4B+98.8% | |
| P/E | 28.2×-23.9% | 37.1×-13.3% | 42.8×+100.9% | 21.3×-42.0% | 36.8×+15.7% | |
| P/S | 8.1×-16.4% | 9.7×-34.8% | 14.9×+39.7% | 10.7×-44.6% | 19.3×+71.0% | |
| P/B | 2.0×-10.0% | 2.3×-2.4% | 2.3×-61.6% | 6.1×-37.9% | 9.8×+62.5% | |
| P/FCF | 21.3×-5.2% | 22.5×-25.8% | 30.3× | — | — | |
| Earnings yield | 3.5%+31.5% | 2.7%+15.4% | 2.3%-50.2% | 4.7%+72.4% | 2.7%-13.6% | |
| FCF yield | 4.7%+5.5% | 4.4%+34.8% | 3.3% | — | — | |
| Dividend yield | 5.0%+14.9% | 4.3%+7.2% | 4.0%-0.9% | 4.1%+105.4% | 2.0%-36.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: EXR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all EXR filings on SEC EDGAR → Not investment advice.