Extra Space Storage Inc. (EXR)
Real Estate · REIT - Industrial · NYSE
Extra Space Storage Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $991.88M | $1.11B | $1.20B | $1.31B | $1.36B | $1.58B | $1.65B | $2.22B | $2.80B | $2.90B |
| Gross profit | $741.87M | $833.03M | $904.91M | $972.40M | $995.60M | $1.21B | $1.22B | $1.61B | $1.97B | $1.98B |
| Net income | $366.13M | $479.01M | $415.29M | $419.97M | $481.78M | $827.65M | $860.69M | $803.20M | $854.68M | $974.00M |
| Net margin | 36.9% | 43.3% | 34.7% | 32.1% | 35.5% | 52.5% | 52.0% | 36.1% | 30.5% | 33.6% |
Source: Extra Space Storage Inc. SEC filings (10-K). 18 years of history available in the interactive view.
What growth is priced into EXR stock?
At today's market cap of $32.71B, Extra Space Storage Inc. is priced for free-cash-flow growth of about 11% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.29B from the FY ending 2025-12-31). For comparison, revenue 16.4%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of Extra Space Storage Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Extra Space Storage Inc. financial history by metric
About Extra Space Storage Inc.
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of December 31, 2025, the Company owned and/or operated 4,281 self-storage stores in 43 states and Washington, D.C. Its stores comprise approximately 2.9 million units and approximately 330.4 million square feet of rentable space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. It is the largest operator of self-storage properties in the United States. Extra Space Storage Inc. was incorporated in 1977 in Maryland, USA.
Extra Space Storage Inc. — frequently asked questions
What is Extra Space Storage Inc.'s revenue?
Extra Space Storage Inc. (EXR) reported revenue of $2.90B for fiscal year 2025, up 3.3% from the prior year, according to its SEC filings.
Is Extra Space Storage Inc. profitable?
Yes. EXR earned net income of $974.00M in fiscal 2025, a net margin of 33.6%.
What is EXR's P/E ratio?
Extra Space Storage Inc. trades at a price-to-earnings ratio of about 33.3 based on the latest data in our nightly-refreshed cache.
How fast is Extra Space Storage Inc. growing?
EXR's revenue grew at roughly 16.4% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Extra Space Storage Inc. have?
As of fiscal year 2025, EXR carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Extra Space Storage Inc.'s gross margin?
EXR's gross margin was 68.3% in fiscal 2025 — gross profit of $1.98B on revenue of $2.90B.
What is Extra Space Storage Inc.'s market cap?
Extra Space Storage Inc. (EXR) has a market capitalization of about $32.71B, based on the latest data in our nightly-refreshed cache.
When does Extra Space Storage Inc.'s fiscal year end?
EXR's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into EXR stock?
At today's market cap of $32.71B, Extra Space Storage Inc. is priced for free-cash-flow growth of about 11% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.29B from the FY ending 2025-12-31). For comparison, revenue 16.4%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Extra Space Storage Inc.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.