← Extra Space Storage Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $991.9m |
$1.1b
+11.41%
|
$41.8m
-96.22%
|
$49.9m
+19.48%
|
$52.1m
+4.49%
|
$66.3m
+27.12%
|
$83.9m
+26.62%
|
$2.6b
+2951.40%
|
$3.3b
+27.21%
|
$3.4b
+3.70%
|
$3.4b
+2.03%
|
|
| Gains (Losses) on Sales of Investment Real Estate | — | — | — | — | — | — | $14.2m | — | ($33.7m) | — | — | |
| Cost of Goods and Services Sold | $250.0m |
$272.0m
+8.79%
|
$291.7m
+7.25%
|
$336.1m
+15.21%
|
$360.6m
+7.31%
|
$368.6m
+2.22%
|
$435.3m
+18.10%
|
$612.0m
+40.59%
|
$831.6m
+35.87%
|
$918.1m
+10.41%
|
$1.0b
+9.67%
|
|
| Gross Profit (Calculated) | $741.9m |
$833.0m
+12.29%
|
($249.9m)
-130.00%
|
($286.2m)
-14.49%
|
($308.5m)
-7.80%
|
($302.3m)
+1.99%
|
($351.4m)
-16.24%
|
($510.1m)
-45.13%
|
($710.7m)
-39.34%
|
($788.7m)
-10.97%
|
— | |
| General and Administrative Expense | $81.8m | $79.0m | $81.3m | $89.4m | $96.6m | $102.2m | $129.3m | $146.4m | $167.4m | $186.3m | $189.2m | |
| Amortization of Intangible Assets | $21.1m | $14.3m | $9.1m | $6.6m | $2.3m | $4.8m | $14.0m | $59.8m | $114.6m | $21.2m | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $449.8m |
$541.6m
+20.40%
|
$619.7m
+14.42%
|
$635.0m
+2.46%
|
$666.1m
+4.91%
|
$976.0m
+46.51%
|
$1.1b
+7.63%
|
$1.2b
+11.40%
|
$1.3b
+13.09%
|
$1.4b
+6.75%
|
$1.5b
+7.66%
|
|
| Interest Expense | $133.5m | $153.5m | $178.4m | $186.5m | $168.6m | $166.2m | $219.2m | $419.0m | $551.4m | $587.6m | $642.8m | |
| Interest Expense, Debt | $24.5m | $24.4m | $22.8m | $22.7m | $17.2m | $0 | $0 | — | — | — | $642.8m | |
| Income (Loss) from Equity Method Investments | $12.9m | $15.3m | $14.5m | $11.3m | — | — | — | $54.8m | $67.3m | $68.8m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $859.5m | $900.7m | — | — | — | $1.0b | |
| Current Income Tax Expense (Benefit) | $17.0m | $7.3m | $11.6m | $13.1m | $18.9m | $24.5m | $25.1m | $32.6m | $44.3m | $47.2m | $43.8m | |
| Income Tax Expense (Benefit) | $15.8m | $3.6m | $9.2m | $11.3m | $13.8m | $20.3m | $20.9m | $21.6m | $33.5m | $41.6m | $43.8m | |
| Net Income (Loss) Attributable to Parent | $366.1m |
$479.0m
+30.83%
|
$415.3m
-13.30%
|
$420.0m
+1.13%
|
$481.8m
+14.72%
|
$827.6m
+71.79%
|
$860.7m
+3.99%
|
$803.2m
-6.68%
|
$854.7m
+6.41%
|
$974.0m
+13.96%
|
$956.1m
-1.84%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $365.3m |
$478.0m
+30.85%
|
$414.6m
-13.28%
|
$419.3m
+1.14%
|
$481.1m
+14.74%
|
$826.5m
+71.80%
|
$859.5m
+4.00%
|
$802.0m
-6.69%
|
$853.2m
+6.39%
|
$972.3m
+13.96%
|
$956.1m
-1.66%
|
|
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $792k | $975k | $723k | $680k | $706k | $1.2m | $1.2m | $1.2m | $1.5m | $1.7m | — | |
| Earnings Per Share, Basic | $2.92 | $3.79 | $3.29 | $3.27 | $3.71 | $6.20 | $6.41 | $4.74 | $4.03 | $4.59 | $1.51 | |
| Earnings Per Share, Diluted | $2.91 | $3.76 | $3.27 | $3.24 | $3.71 | $6.19 | $6.41 | $4.74 | $4.03 | $4.59 | $1.51 | |
| Weighted Average Number of Shares Outstanding, Basic | 125.1m | 126.0m | 126.1m | 128.2m | 129.5m | 133.4m | 134.1m | 169.2m | 211.6m | 211.9m | 634.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 125.9m | 134.2m | 133.2m | 136.4m | 129.6m | 140.0m | 141.7m | 169.2m | 211.6m | 211.9m | 648.2m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | $1.5m | $0 | $0 | — | — | |
| Lease Income | — | — | — | $1.1b | $1.2b | $1.3b | $1.7b | $2.2b | $2.8b | $2.9b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.