Revenue segments as reported by the company.

Property rental

Tenant reinsurance

Management fees and other income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Depreciation and amortization

Gain on real estate transactions

Life Storage Merger transition costs

Impairment of Life Storage trade name

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Extra Space Storage

Extra Space Storage, Inc. is a real estate investment trust. It operates through the following segments: Self-Storage Operations and Tenant Reinsurance. The Self-Storage Operations segment includes rental operations of wholly-owned stores. The Tenant Reinsurance segment includes reinsurance of risks relating to the loss of goods stored by tenants in stores. The company was founded by Kenneth Musser Woolley on April 30, 2004, and is headquartered in Salt Lake City, UT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Extra Space Storage excels in Q4 2022, eyes growth opportunities

Extra Space Storage delivered a robust performance in Q4 2022, driven by revenue growth and strategic acquisitions.
While facing challenges like negative churn rates and softening markets, the company remains focused on sustainable growth.
Opportunities lie in improving churn rates, exploring new strategies, and leveraging market conditions for continued success.

Extra Space Storage (EXR) reports strong Q1 performance and strategic merger with Life Storage for expansive growth

Extra Space Storage's Q1 2023 Earnings Call highlighted robust operational performance, successful external growth initiatives, and a strategic merger with Life Storage. The company surpassed internal projections, maintained high occupancy rates, and reaffirmed guidance ranges, showcasing its resilience and growth potential.

Extra Space Storage adjusts guidance post-merger for growth challenges

Extra Space Storage's Q2 2023 performance reflects resilience in occupancy despite revenue challenges.
The merger with Life Storage presents synergies and growth opportunities but also operational hurdles.
Strategic focus on integration, data-driven pricing, and synergies aims to drive future performance.
Market dynamics and customer behavior pose challenges and opportunities for revenue optimization.

Extra Space Storage reports steady Q3 performance post-merger success

Extra Space Storage's Q3 2023 performance was steady, with a focus on maximizing integration post-merger and achieving synergies.
Despite challenges like expense pressures and housing market dynamics, the company remains confident in its position and growth strategies.
Opportunities lie in leveraging job growth indicators, exploring new growth platforms, and managing insurance expenses for future performance.

Extra Space Storage posts solid Q4 results amidst challenges

Extra Space Storage delivered a solid performance in Q4 2023, focusing on optimizing asset performance and expansion. While facing challenges with new customer rates and expense growth, the company remains optimistic about growth opportunities and market trends. Strategic initiatives like the dual brand strategy and cost management are key focus areas for future success.

Extra Space Storage reports solid Q1 performance amidst market challenges

Extra Space Storage demonstrated strong operational performance and financial stability in Q1 2024, with notable improvements in occupancy and revenue.
While facing challenges such as market headwinds and competitive pricing, the company is well-positioned to leverage growth opportunities through strategic initiatives.
By focusing on efficiency, innovation, and revenue optimization, Extra Space Storage aims to maintain its market position and drive sustainable growth in the self-storage industry.

Extra Space Storage beats FFO projections, faces pricing challenges

Extra Space Storage demonstrated strong operational performance in Q2
Efforts to enhance efficiencies and manage expenses are yielding results
Challenges in pricing power and revenue guidance adjustments noted

Extra Space Storage resilient post-Hurricane Milton, eyes growth opportunities

Extra Space Storage navigated challenges from Hurricane Milton well, maintaining strong performance and seizing growth opportunities. Cost management efficiency and strategic expansions position the company for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Extra Space Storage (EXR) registers growth in same-store revenues in Q4 on higher occupancy and net rental rates for customers amid headwinds from new supply.

Extra Space Storage (EXR) Q4 FFO & Revenues Beat Estimates

While Extra Space Storage (EXR) Q4 results will likely reflect gains from high brand value and solid presence in key cities amid healthy self-storage space demand, development boom remains a concern.

Factors to Impact Extra Space Storage (EXR) in Q4 Earnings

Life Storage

National Storage Affiliates Trust

Public Storage

One of the few unintended consequences of lower interest rates is the effect it has on savers and people that rely on reasonably safe and secure income.

Why 4 Coveted REITs May Be Among the Safest 2020 Income Vehicles

Brookfield Property Partners

City Office REIT

CyrusOne

Healthpeak Properties Inc

Iron Mountain

Park Hotels & Resorts

Plymouth Industrial REIT

Vici Properties

The Top 10 REIT SWAN-A-Bees For 2020

Extra Space Storage (EXR) reported earnings 30 days ago. What's next for the stock?

Extra Space Storage (EXR) Down 4.2% Since Last Earnings Report: Can It Rebound?

AbbVie

Altria

Texas Instruments

Shares of AbbVie, Texas Instruments, Extra Space Storage, Altria, and 3M could be worth a spot in a yield-oriented portfolio.

Best Dividend Stocks for December 2019

Alexandria Real Estate Equities

General Dynamics

Looking for a 27%+ gain in 2020? Then you’d better buy now.

These 3 Stocks Could Boost Your Income 64%

Extra Space Storage, Inc. (EXR) CEO Joseph Margolis on Q3 2019 Results - Earnings Call Transcript

While Extra Space Storage (EXR) registers growth in same-store revenues and NOI, same-store square foot occupancy remains flat year over year.

Extra Space Storage (EXR) Q3 FFO Meets, Revenues Top Estimates

Extra Space Storage (EXR) delivered FFO and revenue surprises of 0.00% and 1.45%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Extra Space Storage (EXR) Q3 FFO Meet Estimates

American Tower

CBL & Associates Properties

Crown Castle International

CoreLogic

Camden Property

CatchMark Timber Trust

CubeSmart

Cousins Properties

Digital Realty Trust

Equity LifeStyle Properties

Equinix

Equity Residential

Fidelity MSCI Real Estate ETF

First Trust S&P REIT Index Fund

Federal Realty Investment Trust

Healthcare Realty Trust Inc

Healthcare Trust of America

iShares Cohen & Steers REIT ETF

iShares 7-10 Year Treasury Bond ETF

iShares U.S. Home Construction ETF

Invesco KBW Premium Yield Equity REIT ETF

US equity markets gained for the third straight week ahead of another jam-packed week of economic data and earnings. The S&P 500 gained 1.2%, closing just shy of record highs.

REITs Retreat Ahead Of Wild Week Of Data, Earnings And Fed

Agree Realty

EastGroup Properties

Kimco Realty

Prologis

Spirit Realty Capital

VEREIT

Don't get hung up on failing mall REITs. These seven are great stocks to buy with strong growth prospects and juicy dividends.

7 Top-Notch REITs to Buy for Income

While Extra Space Storage (EXR) Q3 result will likely mirror gains on high brand value and solid presence in key cities amid healthy self-storage space demand, development boom might fuel competition.

Factors to Impact Extra Space Storage (EXR) in Q3 Earnings

Encouraging Near-Term Outlook for Equity REIT Stocks

Extra Space Storage (EXR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Extra Space Storage (EXR) Rating Upgrade to Buy

Extra Space Storage (EXR) Up 7.7% Since Last Earnings Report: Can It Continue?

Does Extra Space Storage (EXR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love Extra Space Storage (EXR)

Executive VP and CFO of Extra Space Storage Inc (30-Year Financial, Insider Trades) P Scott Stubbs (insider trades) sold 9,200 shares of EXR on 08/15/2019 at an average price of $120.9 a share.

Extra Space Storage Inc (EXR) Executive VP and CFO P Scott Stubbs Sold $1.1 million of Shares

Kimberly-Clark

Medtronic

Oracle

iShares Preferred and Income Securities ETF 

Volatility got you down? Dividend stocks are the answer.

5 Dependable Dividend Stocks To Buy

Extra Space Storage, Inc. (EXR) CEO Joe Margolis on Q2 2019 Results - Earnings Call Transcript

Extra Space Storage (EXR) Is Up 1.44% in One Week: What You Should Know

While Extra Space Storage (EXR) registers growth in same-store revenues and NOI, same-store square foot occupancy shrinks year over year.

Extra Space Storage (EXR) Q2 FFO Tops Estimates on NOI Growth

Extra Space Storage (EXR) delivered FFO and revenue surprises of 2.52% and 0.24%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Extra Space Storage (EXR) Tops Q2 FFO and Revenue Estimates

While strong demand from boomer downsizing, and rise in renter households and businesses will aid Extra Space Storage (EXR) in Q2, pricing power has been flat in the face of ample supply.

Factors to Impact Extra Space Storage (EXR) in Q2 Earnings

The latest investment grade rating affirms Extra Space Storage's (EXR) creditworthiness in the market and will likely help retain investor confidence in the stock.

S&P Assigns BBB Issuer Credit Rating to Extra Space Storage

News for Extra Space Storage Stock (EXR)