Company research
Extra Space Storage Inc.
CIK 1289490Updated Sep 26, 2026
EXR price & chart
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NYSE:EXR on TradingView ↗About the company
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed real estate investment trust, and a member of the S&P 500. As of March 31, 2026, the Company owned and/or operated 4,344 self-storage stores in 42 states and Washington, D.C. The Company’s stores comprise approximately 3.0 million units and approximately 335.6 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.
In the news
Extra Space Storage Inc. Announces 3rd Quarter 2025 Dividend ↗
Recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 5.02, 7.01, 9.01
SCHEDULE 13G/A filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
Show 5 more recent filings
Other Events
Items 8.01, 9.01
11-K filing
4 filing
144 filing
4 filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 29,264,046,000Source | 28,847,926,000Source | 27,456,262,000Source | 12,167,458,000Source |
| Property, Plant and Equipment, NetUSD | 65,154,000Source | 50,365,000Source | 48,697,000Source | 42,808,000Source |
| GoodwillUSD | 170,811,000Source | 170,811,000Source | 170,811,000Source | 170,811,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 138,920,000Source | 138,222,000Source | 99,062,000Source | 92,868,000Source |
| Accounts Receivable | — | — | — | — |
| Operating Lease, Right-of-Use AssetUSD | 732,176,000Source | 689,803,000Source | 227,241,000Source | 221,725,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 14,940,010,000Source | 13,988,564,000Source | 12,042,313,000Source | 8,089,184,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 2,112,000Source | 2,120,000Source | 2,113,000Source | 1,339,000Source |
| Retained Earnings (Accumulated Deficit)USD | -1,449,172,000Source | -899,337,000Source | -379,015,000Source | -135,872,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -420,000Source | 12,806,000Source | 17,435,000Source | 48,798,000Source |
| Stockholders' Equity Attributable to ParentUSD | 13,433,166,000Source | 13,947,535,000Source | 14,390,921,000Source | 3,259,597,000Source |
| Additional Paid in Capital, Common StockUSD | 14,880,646,000Source | 14,831,946,000Source | 14,750,388,000Source | 3,345,332,000Source |
| Liabilities and EquityUSD | 29,264,046,000Source | 28,847,926,000Source | 27,456,262,000Source | 12,167,458,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 45,681,000Source | 41,015,000Source | 39,183,000Source | 23,923,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 1,022,538,000Source | 900,232,000Source | 850,453,000Source | 921,156,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 715,177,000Source | 783,023,000Source | 506,053,000Source | 288,316,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 35,537,000Source | 22,906,000Source | 26,638,000Source | 21,386,000Source |
| Deferred Income Tax Expense (Benefit)USD | 3,651,000Source | -1,380,000Source | -3,250,000Source | 1,827,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 1,850,193,000Source | 1,887,430,000Source | 1,402,474,000Source | 1,238,139,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 0Source | 0Source | 157,302,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -814,213,000Source | -1,646,920,000Source | -1,818,256,000Source | -1,648,459,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 149,548,000Source | 0Source | 0Source | 63,008,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,036,103,000Source | -202,290,000Source | 423,130,000Source | 431,861,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 1,374,298,000Source | 1,375,003,000Source | 1,046,341,000Source | 805,311,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -123,000Source | 38,220,000Source | 7,348,000Source | 21,541,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 143,180,000Source | 143,303,000Source | 105,083,000Source | 97,735,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 564,665,000Source | 499,417,000Source | 338,552,000Source | 197,069,000Source |
| Income Taxes Paid, NetUSD | 35,287,000Source | 33,772,000Source | 22,753,000Source | 18,957,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 11,930,000Source | 16,673,000Source | 18,949,000Source | 8,773,000Source |
| Amortization of Intangible AssetsUSD | 21,183,000Source | 114,614,000Source | 59,807,000Source | 13,981,000Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | — | -33,662,000Source | — | 14,200,000Source |
| General and Administrative ExpenseUSD | 186,343,000Source | 167,398,000Source | 146,408,000Source | 129,251,000Source |
| GoodwillUSD | 170,811,000Source | 170,811,000Source | 170,811,000Source | 170,811,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 68,815,000Source | 67,272,000Source | 54,835,000Source | — |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | -29,224,000Source | -30,745,000Source | -20,060,000Source | -13,162,000Source |
| Income Tax Expense (Benefit)USD | 41,559,000Source | 33,478,000Source | 21,559,000Source | 20,925,000Source |
| Investment Income, InterestUSD | 163,202,000Source | 124,422,000Source | 84,857,000Source | 69,422,000Source |
| Net Income (Loss) Attributable to ParentUSD | 973,999,000Source | 854,681,000Source | 803,198,000Source | 860,688,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 972,260,000Source | 853,186,000Source | 801,968,000Source | 859,487,000Source |
| Payments of Financing CostsUSD | 32,411,000Source | 23,130,000Source | 39,418,000Source | 9,321,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | 0Source | 0Source |
| Proceeds from Noncontrolling InterestsUSD | — | 29,000Source | 74,000Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 0Source | 0Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 3,377,542,000Source | 3,256,902,000Source | 2,560,244,000Source | 1,924,170,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | 1,412,691,000Source | 1,323,360,000Source | 1,170,141,000Source | 1,050,402,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | — | 900,653,000Source |
| Income Tax Expense (Benefit)USD | 41,559,000Source | 33,478,000Source | 21,559,000Source | 20,925,000Source |
| Net Income (Loss) Attributable to ParentUSD | 973,999,000Source | 854,681,000Source | 803,198,000Source | 860,688,000Source |
| Earnings Per Share, BasicUSD per share | 4.59Source | 4.03Source | 4.74Source | 6.41Source |
| Earnings Per Share, DilutedUSD per share | 4.59Source | 4.03Source | 4.74Source | 6.41Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 211,850,521Source | 211,575,240Source | 169,216,989Source | 134,050,815Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 211,850,521Source | 211,577,680Source | 169,220,882Source | 141,681,388Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 21,183,000Source | 114,614,000Source | 59,807,000Source | 13,981,000Source |
| Business Combination, Acquisition Related CostsUSD | — | 0Source | 0Source | 1,548,000Source |
| Costs and ExpensesUSD | 1,888,541,000Source | 1,855,873,000Source | 1,390,103,000Source | 888,017,000Source |
| Current Income Tax Expense (Benefit)USD | 47,234,000Source | 44,271,000Source | 32,551,000Source | 25,138,000Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | — | -33,662,000Source | — | 14,200,000Source |
| General and Administrative ExpenseUSD | 186,343,000Source | 167,398,000Source | 146,408,000Source | 129,251,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 68,815,000Source | 67,272,000Source | 54,835,000Source | — |
| Interest ExpenseUSD | — | — | 419,035,000Source | — |
| Interest Expense, DebtUSD | — | — | — | 0Source |
| Investment Income, InterestUSD | 163,202,000Source | 124,422,000Source | 84,857,000Source | 69,422,000Source |
| Lease IncomeUSD | 2,895,190,000Source | 2,803,252,000Source | 2,222,578,000Source | 1,654,735,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 972,260,000Source | 853,186,000Source | 801,968,000Source | 859,487,000Source |
| Undistributed Earnings (Loss) Allocated to Participating Securities, BasicUSD | 1,739,000Source | 1,495,000Source | 1,230,000Source | 1,201,000Source |
Filing attachments
d152545dex42.htm · 8-K · 2026-07-06
EX-4.2 2 d152545dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 EXTRA SPACE STORAGE LP, EXTRA SPACE STORAGE INC., ESS HOLDINGS BUSINESS TRUST I AND ESS HOLDINGS BUSINESS TRUST II, AS GUARANTORS, AND COMPUTERSHARE TRUST COMPANY, N.A. AS TRUSTEE SIXTEENTH SUPPLEMENTAL INDENTURE DATED AS OF JULY 6, 2026 TO INDENTURE DATED MAY 11, 2021 $550,000,000 OF 4.900% SENIOR NOTES DUE 2032 CONTENTS …
Read attachment ↗d32600dex991.htm · 8-K · 2026-06-25
EX-99.1 3 d32600dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Press Contact: Jared Conley Extra Space Storage 801-365-1759 info@extraspace.com Extra Space Announces Pricing of $550 Million of 4.900% Senior Notes due 2032 SALT LAKE CITY - June 24, 2026 - Extra Space Storage Inc. (“Extra Space”) (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership…
Read attachment ↗d847619dex42.htm · 8-K · 2025-08-08
EX-4.2 2 d847619dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 EXTRA SPACE STORAGE LP, EXTRA SPACE STORAGE INC., ESS HOLDINGS BUSINESS TRUST I AND ESS HOLDINGS BUSINESS TRUST II, AS GUARANTORS, AND COMPUTERSHARE TRUST COMPANY, N.A. AS TRUSTEE FIFTEENTH SUPPLEMENTAL INDENTURE DATED AS OF AUGUST 8, 2025 TO INDENTURE DATED MAY 11, 2021 $800,000,000 OF 4.950% SENIOR NOTES DUE 2033 CONTENTS …
Read attachment ↗d90865dex991.htm · 8-K · 2025-08-07
EX-99.1 3 d90865dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE Press Contact: Jared Conley Extra Space Storage 801-365-1759 info@extraspace.com Extra Space Announces Pricing of $800 Million of 4.950% Senior Notes due 2033 SALT LAKE CITY - August 6, 2025 - Extra Space Storage Inc. (“Extra Space”) (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating part…
Read attachment ↗d949064dex991.htm · 8-K · 2025-08-06
EX-99.1 2 d949064dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 U.S. FEDERAL INCOME TAX CONSEQUENCES The following is a general summary of material U.S. federal income tax considerations relating to our qualification and taxation as a real estate investment trust (“REIT”) and the purchase, ownership and disposition of our capital stock or our operating partnership’s debt securities. Supplemental U.S. federal income tax considerations relevant to holders of the securities offered by the prospectu…
Read attachment ↗d831833dex42.htm · 8-K · 2025-03-19
EX-4.2 2 d831833dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 EXTRA SPACE STORAGE LP, EXTRA SPACE STORAGE INC., ESS HOLDINGS BUSINESS TRUST I AND ESS HOLDINGS BUSINESS TRUST II, AS GUARANTORS, AND COMPUTERSHARE TRUST COMPANY, N.A. AS TRUSTEE FOURTEENTH SUPPLEMENTAL INDENTURE DATED AS OF MARCH 19, 2025 TO INDENTURE DATED MAY 11, 2021 $500,000,000 OF 5.400% SENIOR NOTES DUE 2035 CONTENTS …
Read attachment ↗