Extra Financial Statements From 2010 to 2026

EXR Stock  USD 130.22  1.34  1.02%   
Extra Space's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Extra Space's valuation are provided below:
Gross Profit
2.6 B
Profit Margin
0.2774
Market Capitalization
28.9 B
Enterprise Value Revenue
12.3243
Revenue
3.4 B
There are over one hundred nineteen available fundamental signals for Extra Space Storage, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to verify Extra Space's prevailing fundamental performance against the performance between 2010 and 2026 to make sure the trends are evolving in the right direction. As of 01/02/2026, Market Cap is likely to grow to about 25.6 B. Also, Enterprise Value is likely to grow to about 36.2 B

Extra Space Total Revenue

4.03 Billion

Check Extra Space financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Extra Space's main balance sheet or income statement drivers, such as Depreciation And Amortization of 939.1 M, Interest Expense of 718.6 M or Total Revenue of 4 B, as well as many indicators such as Price To Sales Ratio of 6.03, Dividend Yield of 0.0444 or PTB Ratio of 2.14. Extra financial statements analysis is a perfect complement when working with Extra Space Valuation or Volatility modules.
  
Build AI portfolio with Extra Stock
Check out the analysis of Extra Space Correlation against competitors.

Extra Space Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets34.8 B33.2 B12.2 B
Slightly volatile
Other Assets1.7 B1.8 B2.1 B
Slightly volatile
Common Stock Shares Outstanding255.5 M243.3 M140.6 M
Slightly volatile
Liabilities And Stockholders Equity34.8 B33.2 B12.2 B
Slightly volatile
Total Stockholder Equity16.8 B16 B5.2 B
Slightly volatile
Other Liabilities173.9 M165.6 M116.8 M
Slightly volatile
Accounts Payable418.4 M398.5 M156.6 M
Slightly volatile
Cash166.9 M159 M80.8 M
Slightly volatile
Long Term Debt13.2 B12.6 B5.5 B
Slightly volatile
Other Stockholder Equity17.9 B17.1 B5.6 B
Slightly volatile
Total Liabilities16.9 B16.1 B6.6 B
Slightly volatile
Common Stock2.6 M1.9 MM
Slightly volatile
Property Plant Equipment30.6 B29.1 B10.9 B
Slightly volatile
Short and Long Term Debt Total15.7 B15 B6.3 B
Slightly volatile
Total Current Liabilities2.2 B2.1 B729 M
Slightly volatile
Property Plant And Equipment Net808.6 M851.2 M1.6 B
Very volatile
Net Debt15.6 B14.8 B6.1 B
Slightly volatile
Non Current Assets Total32.8 B31.3 B11.8 B
Slightly volatile
Cash And Short Term Investments166.9 M159 M81.1 M
Slightly volatile
Net Receivables1.7 B1.6 B419.2 M
Slightly volatile
Common Stock Total Equity981.5 K1.2 M1.5 M
Slightly volatile
Non Current Liabilities Total14.7 B14 B5.9 B
Slightly volatile
Property Plant And Equipment Gross615.6 M666.2 M394.8 M
Very volatile
Total Current AssetsB1.9 B474.3 M
Slightly volatile
Short Term Debt1.6 B1.6 B545.2 M
Slightly volatile
Intangible Assets24.6 M25.8 M81.6 M
Very volatile
Net Tangible Assets2.3 B3.5 B2.3 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity808.4 M769.9 M407 M
Slightly volatile
Long Term Debt Total15.1 B14.3 B5.9 B
Slightly volatile
Capital Surpluse17.9 B17.1 B5.6 B
Slightly volatile
Long Term InvestmentsB1.9 B657 M
Slightly volatile
Non Current Liabilities Other650.7 M619.7 M259.5 M
Slightly volatile
Short and Long Term Debt1.1 B1.2 B1.6 B
Slightly volatile
Cash And Equivalents89.6 M159 M73.2 M
Slightly volatile
Net Invested Capital31.7 B30.2 B12.4 B
Slightly volatile
Capital Stock1.7 M2.4 M1.5 M
Slightly volatile
Capital Lease Obligations852.3 M811.7 M357.7 M
Slightly volatile

Extra Space Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization939.1 M894.4 M303 M
Slightly volatile
Total RevenueB3.8 B1.5 B
Slightly volatile
Gross Profit3.1 B2.9 B1.2 B
Slightly volatile
Other Operating Expenses2.4 B2.3 B847.8 M
Slightly volatile
Operating Income1.6 B1.5 B683.2 M
Slightly volatile
EBIT1.8 B1.7 B726.3 M
Slightly volatile
EBITDA2.7 B2.6 BB
Slightly volatile
Total Operating Expenses1.5 B1.4 B473.8 M
Slightly volatile
Income Tax Expense40.4 M38.5 M16 M
Slightly volatile
Cost Of Revenue954.9 M909.4 M375.5 M
Slightly volatile
Selling General Administrative202.1 M192.5 M97.4 M
Slightly volatile
Net Income Applicable To Common SharesB981.2 M484.6 M
Slightly volatile
Net Income From Continuing Ops1.1 BB500.8 M
Slightly volatile
Non Operating Income Net Other60 M57.2 M25.5 M
Slightly volatile
Selling And Marketing Expenses138.5 M131.9 M39.1 M
Slightly volatile
Non Recurring23.2 M13.9 M14.7 M
Very volatile
Tax Provision40.4 M38.5 M17.5 M
Slightly volatile
Interest Income150.2 M143.1 M67.9 M
Slightly volatile
Reconciled Depreciation945.5 M900.5 M338.2 M
Slightly volatile

Extra Space Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation945.5 M900.5 M304.3 M
Slightly volatile
End Period Cash Flow173 M164.8 M85.5 M
Slightly volatile
Begin Period Cash Flow67.3 M120.8 M72.9 M
Slightly volatile
Dividends Paid1.7 B1.6 B586.3 M
Slightly volatile
Stock Based Compensation27.7 M26.3 M13.3 M
Slightly volatile
Net Borrowings904.5 M1.5 B864.1 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.038.539.6859
Pretty Stable
Dividend Yield0.04440.050.0355
Slightly volatile
PTB Ratio2.142.043.9431
Pretty Stable
Days Sales Outstanding14313664.5451
Slightly volatile
Book Value Per Share66.3763.2134.6863
Slightly volatile
Stock Based Compensation To Revenue0.01110.00790.0095
Very volatile
Capex To Depreciation0.02860.03011.576
Slightly volatile
PB Ratio2.142.043.9431
Pretty Stable
EV To Sales9.5712.0113.3459
Slightly volatile
ROIC0.10.05160.1076
Slightly volatile
Payables Turnover2.822.622.5593
Pretty Stable
Sales General And Administrative To Revenue0.05480.05770.0871
Slightly volatile
Research And Ddevelopement To Revenue0.00960.01010.0088
Slightly volatile
Capex To Revenue0.00670.00710.2954
Slightly volatile
Cash Per Share0.890.750.7243
Pretty Stable
Interest Coverage2.272.03.0294
Slightly volatile
Days Payables Outstanding116144145
Very volatile
Income Quality1.191.891.5501
Very volatile
Intangibles To Total Assets0.00730.00770.0145
Slightly volatile
Net Debt To EBITDA12.66.5610.0496
Slightly volatile
Current Ratio1.291.070.8851
Pretty Stable
Tangible Book Value Per Share65.5162.3933.8229
Slightly volatile
Receivables Turnover2.642.7814.3332
Slightly volatile
Graham Number73.1569.6743.1296
Slightly volatile
Shareholders Equity Per Share62.359.3329.2247
Slightly volatile
Capex Per Share0.110.0972.5905
Slightly volatile
Revenue Per Share14.9114.29.5919
Slightly volatile
Interest Debt Per Share29.8257.9544.9163
Pretty Stable
Debt To Assets0.680.520.6367
Slightly volatile
Enterprise Value Over EBITDA26.622.6722.0915
Slightly volatile
Operating Cycle14313664.5451
Slightly volatile
Price Book Value Ratio2.142.043.9431
Pretty Stable
Days Of Payables Outstanding116144145
Very volatile
Operating Profit Margin0.290.360.4161
Slightly volatile
Company Equity Multiplier1.951.863.2899
Slightly volatile
Long Term Debt To Capitalization0.670.510.6095
Slightly volatile
Total Debt To Capitalization0.690.560.6308
Pretty Stable
Return On Capital Employed0.04020.0440.0609
Pretty Stable
Ebit Per Revenue0.290.360.4161
Slightly volatile
Quick Ratio1.291.070.8851
Pretty Stable
Net Income Per E B T1.01.050.9272
Pretty Stable
Cash Ratio0.08470.08910.2975
Slightly volatile
Days Of Sales Outstanding14313664.5451
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.081.141.0361
Pretty Stable
Price To Book Ratio2.142.043.9431
Pretty Stable
Fixed Asset Turnover3.864.0626.2959
Slightly volatile
Enterprise Value Multiple26.622.6722.0915
Slightly volatile
Debt Ratio0.680.520.6367
Slightly volatile
Price Sales Ratio6.038.539.6859
Pretty Stable
Asset Turnover0.10.11570.1309
Very volatile
Gross Profit Margin0.580.690.7286
Very volatile
Price Fair Value2.142.043.9431
Pretty Stable

Extra Space Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap25.6 B24.4 B14.4 B
Slightly volatile
Enterprise Value36.2 B34.5 B19.8 B
Slightly volatile

Extra Fundamental Market Drivers

Forward Price Earnings26.738
Cash And Short Term Investments138.2 M

Extra Upcoming Events

28th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
28th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Extra Space Financial Statements

Extra Space shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Extra Space investors may analyze each financial statement separately, they are all interrelated. The changes in Extra Space's assets and liabilities, for example, are also reflected in the revenues and expenses on on Extra Space's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue677.8 M711.7 M
Total Revenue3.8 BB
Cost Of Revenue909.4 M954.9 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.06  0.05 
Research And Ddevelopement To Revenue 0.01  0.01 
Capex To Revenue 0.01  0.01 
Revenue Per Share 14.20  14.91 
Ebit Per Revenue 0.36  0.29 

Pair Trading with Extra Space

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Extra Space position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Extra Space will appreciate offsetting losses from the drop in the long position's value.

Moving together with Extra Stock

  0.96PSA Public StoragePairCorr
  0.85SMA SmartStop Self StoragePairCorr
  0.75OPINL Office Properties IncomePairCorr

Moving against Extra Stock

  0.71TUXS TuxisPairCorr
  0.69FTV Fortive CorpPairCorr
  0.66MMSI Merit Medical SystemsPairCorr
  0.62AMPH Amphastar PPairCorr
  0.56AXP American ExpressPairCorr
The ability to find closely correlated positions to Extra Space could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extra Space when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Extra Space - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Extra Space Storage to buy it.
The correlation of Extra Space is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Extra Space moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extra Space Storage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Extra Space can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Extra Stock Analysis

When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.