See more : Jainex Aamcol Limited (JAINEX.BO) Income Statement Analysis – Financial Results
Complete financial analysis of Extra Space Storage Inc. (EXR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Extra Space Storage Inc., a leading company in the REIT – Industrial industry within the Real Estate sector.
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Extra Space Storage Inc. (EXR)
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 September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. 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. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.56B | 1.92B | 1.58B | 1.36B | 1.31B | 1.20B | 1.11B | 991.88M | 782.27M | 647.16M | 520.61M | 409.40M | 329.83M | 281.50M | 280.48M | 273.25M | 238.87M | 197.26M | 134.73M | 65.97M | 36.26M | 31.56M | 22.81M |
| Cost of Revenue | 670.91M | 468.90M | 398.10M | 387.11M | 365.43M | 317.40M | 291.15M | 265.56M | 217.00M | 182.84M | 149.03M | 121.90M | 101.62M | 92.67M | 88.94M | 89.59M | 0.00 | 64.35M | 30.56M | 16.96M | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.89B | 1.46B | 1.18B | 969.10M | 943.03M | 879.20M | 813.86M | 726.32M | 565.27M | 464.31M | 371.58M | 287.50M | 228.21M | 188.83M | 191.54M | 183.66M | 238.87M | 132.92M | 104.17M | 49.01M | 36.26M | 31.56M | 22.81M |
| Gross Profit Ratio | 73.80% | 75.63% | 74.76% | 71.46% | 72.07% | 73.47% | 73.65% | 73.23% | 72.26% | 71.75% | 71.37% | 70.23% | 69.19% | 67.08% | 68.29% | 67.21% | 100.00% | 67.38% | 77.32% | 74.29% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.49 | 0.55 | 0.41 | 0.33 | 0.39 | 0.45 | 0.44 | 0.00 | 0.00 | 0.00 | 0.00 | 2.90M | 1.24M | 19.01M | 1.73M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 146.41M | 129.25M | 102.19M | 96.59M | 89.42M | 81.26M | 78.96M | 81.81M | 67.76M | 60.94M | 54.25M | 50.45M | 49.68M | 44.43M | 46.02M | 40.43M | 36.72M | 35.60M | 24.08M | 12.47M | 8.30M | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 19.29M | 18.79M | 28.34M | 25.11M | 16.15M | 14.41M | 12.87M | 10.53M | 8.84M | 0.00 | 0.00 | 2.14M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 146.41M | 129.25M | 102.19M | 96.59M | 89.42M | 81.26M | 78.96M | 81.81M | 67.76M | 60.94M | 54.25M | 50.45M | 51.82M | 44.43M | 46.02M | 40.43M | 36.72M | 35.60M | 24.08M | 12.47M | 8.30M | 5.92M | 6.75M |
| Other Expenses | 0.00 | 288.32M | 241.88M | 224.44M | 219.86M | 209.05M | 193.30M | 182.56M | 133.46M | 115.08M | 95.23M | 74.45M | 58.01M | 52.35M | 52.40M | 49.57M | 118.35M | 102.01M | 78.29M | 38.83M | 0.00 | 0.00 | 20.23M |
| Operating Expenses | 719.19M | 417.57M | 344.07M | 321.04M | 309.28M | 290.31M | 272.26M | 264.37M | 201.22M | 176.02M | 149.48M | 124.91M | 112.73M | 98.01M | 119.65M | 181.31M | 155.07M | 137.61M | 102.37M | 51.30M | 34.90M | 25.15M | 20.23M |
| Cost & Expenses | 1.44B | 886.47M | 742.17M | 708.15M | 674.70M | 607.71M | 563.40M | 529.93M | 418.21M | 358.86M | 298.51M | 246.80M | 214.35M | 190.68M | 208.59M | 181.31M | 155.07M | 137.61M | 102.37M | 51.30M | 34.90M | 25.15M | 20.23M |
| Interest Income | 84.86M | 69.42M | 49.70M | 15.19M | 7.47M | 5.29M | 6.74M | 11.00M | 8.31M | 6.46M | 5.60M | 6.67M | 5.88M | 5.75M | 6.43M | 8.25M | 10.42M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 437.82M | 219.17M | 166.18M | 172.30M | 191.27M | 183.12M | 158.61M | 138.46M | 98.99M | 84.01M | 73.03M | 72.29M | 69.06M | 65.78M | 69.82M | 64.61M | 61.02M | 0.00 | 0.00 | 11.15M | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 506.05M | 886.47M | 771.66M | 734.64M | 704.08M | 633.42M | 582.58M | 542.79M | 133.46M | 115.08M | 95.23M | 74.45M | 58.01M | 50.35M | 52.40M | 49.57M | 39.80M | 37.17M | 31.01M | 15.55M | 6.81M | 5.65M | 3.11M |
| EBITDA | 1.79B | 1.33B | 1.11B | 894.87M | 864.88M | 812.40M | 750.23M | 661.40M | 509.87M | 404.09M | 320.37M | 224.94M | 174.75M | 144.40M | 145.40M | 54.42M | 39.80M | 96.82M | 63.36M | 52.10M | 8.17M | 12.06M | 5.69M |
| EBITDA Ratio | 70.01% | 74.67% | 73.88% | 67.10% | 66.67% | 68.33% | 68.50% | 74.36% | 66.61% | 65.58% | 73.11% | 69.66% | 54.38% | 52.19% | 46.61% | 52.31% | 51.74% | 49.08% | 47.03% | 48.50% | 22.53% | 38.23% | 24.93% |
| Operating Income | 1.17B | 1.05B | 975.95M | 666.14M | 634.96M | 619.70M | 541.61M | 449.84M | 294.66M | 278.47M | 213.48M | 157.24M | 115.48M | 90.82M | 71.89M | 91.94M | 83.80M | 59.65M | 32.35M | 11.15M | 1.36M | 6.41M | 2.58M |
| Operating Income Ratio | 45.70% | 54.59% | 61.87% | 49.12% | 48.53% | 51.79% | 49.01% | 45.35% | 37.67% | 43.03% | 41.01% | 38.41% | 35.01% | 32.26% | 25.63% | 33.65% | 35.08% | 30.24% | 24.01% | 16.90% | 3.76% | 20.32% | 11.32% |
| Total Other Income/Expenses | -298.13M | -108.32M | -77.87M | -134.75M | -172.53M | -163.38M | -136.55M | -45.37M | -73.97M | -75.00M | -17.94M | -24.14M | -55.90M | -53.28M | -35.46M | -45.06M | -49.21M | -43.79M | -37.32M | -10.90M | -919.00K | -6.41M | -2.58M |
| Income Before Tax | 872.01M | 942.08M | 898.08M | 531.39M | 462.43M | 456.32M | 517.85M | 412.94M | 220.68M | 203.47M | 195.54M | 133.10M | 52.29M | 30.78M | 36.43M | 46.89M | 34.58M | 14.88M | -4.97M | -18.46M | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 34.06% | 48.96% | 56.94% | 39.18% | 35.34% | 38.13% | 46.86% | 41.63% | 28.21% | 31.44% | 37.56% | 32.51% | 15.85% | 10.94% | 12.99% | 17.16% | 14.48% | 7.54% | -3.69% | -27.99% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 21.56M | 20.93M | 20.32M | 13.81M | 11.31M | 9.24M | 3.63M | 15.85M | 11.15M | 7.57M | 9.98M | 5.41M | 1.16M | 4.16M | 4.30M | 51.99M | -1.51M | -37.67M | -47.74M | 33.13M | 19.69M | 15.95M | 7.51M |
| Net Income | 803.20M | 860.69M | 827.65M | 481.78M | 419.97M | 415.29M | 479.01M | 366.13M | 189.47M | 178.36M | 172.08M | 117.31M | 50.45M | 26.33M | 31.98M | 46.89M | 36.09M | 14.88M | -4.97M | -18.46M | -18.33M | -9.54M | -4.92M |
| Net Income Ratio | 31.37% | 44.73% | 52.47% | 35.52% | 32.10% | 34.71% | 43.35% | 36.91% | 24.22% | 27.56% | 33.05% | 28.65% | 15.30% | 9.35% | 11.40% | 17.16% | 15.11% | 7.54% | -3.69% | -27.99% | -50.55% | -30.24% | -21.58% |
| EPS | 4.74 | 6.41 | 6.20 | 3.71 | 3.27 | 3.28 | 3.79 | 2.92 | 1.58 | 1.54 | 1.54 | 1.15 | 0.55 | 0.30 | 0.37 | 0.61 | 0.53 | 0.27 | -0.14 | -1.21 | -4.43 | -2.60 | -0.82 |
| EPS Diluted | 4.74 | 6.41 | 6.19 | 3.71 | 3.24 | 3.12 | 3.76 | 2.91 | 1.56 | 1.53 | 1.53 | 1.14 | 0.54 | 0.30 | 0.37 | 0.61 | 0.53 | 0.27 | -0.14 | -1.21 | -4.43 | -2.60 | -0.82 |
| Weighted Avg Shares Out | 169.22M | 134.05M | 133.37M | 129.54M | 128.20M | 126.66M | 125.97M | 125.09M | 119.82M | 115.71M | 111.35M | 102.29M | 92.10M | 87.32M | 86.34M | 76.56M | 64.69M | 55.00M | 35.48M | 15.28M | 4.14M | 3.67M | 6.04M |
| Weighted Avg Shares Out (Dil) | 169.22M | 141.68M | 140.02M | 129.58M | 136.43M | 133.16M | 134.16M | 125.95M | 126.92M | 121.44M | 111.69M | 106.52M | 96.68M | 92.05M | 91.08M | 81.91M | 70.50M | 59.29M | 35.48M | 15.28M | 4.14M | 3.67M | 6.04M |
Extra Space Storage Inc. Announces 4th Quarter 2024 Dividend
SALT LAKE CITY , Nov. 15, 2024 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a fourth quarter 2024 dividend of $1.62 per share on the common stock of the...
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Extra Space Storage Inc. (EXR) Q3 2024 Earnings Call Transcript
Extra Space Storage Inc. (NYSE:EXR ) Q3 2024 Results Conference Call October 30, 2024 1:00 PM ET Company Participants Jared Conley - Vice President, Investor Relations Joe Margolis - Chief Executive Officer Scott Stubbs - Chief Financial Officer Conference Call...
Extra Space Storage Q3 FFO Tops Estimates, Occupancy Rises
EXR's Q3 results reflect higher revenues and a rise in occupancy. Higher interest expenses hurt.
Compared to Estimates, Extra Space Storage (EXR) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Extra Space Storage (EXR) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the...
Extra Space Storage (EXR) Beats Q3 FFO and Revenue Estimates
Extra Space Storage (EXR) came out with quarterly funds from operations (FFO) of $2.07 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to FFO of $2.02 per share a year ago.
Extra Space Storage Inc. Reports 2024 Third Quarter Results
SALT LAKE CITY , Oct. 29, 2024 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) (the "Company"), a leading owner and operator of self-storage facilities in the United States and a constituent of the S&P 500, announced operating results for the...
Source: https://incomestatements.info
Category: Stock Reports