exr: the income statement

MyFinsight

For the quarter ending 2025-09-30, EXR made $858,460K in revenue. $165,998K in net income. Net profit margin of 19.34%.

Income Overview

Revenue
$858,460K
Net Income
$165,998K
Net Profit Margin
19.34%
EPS
$0.78
Unit: Thousand (K) dollars
Revenue Breakdown
Property rental
Tenant reinsurance
Management fees and other income

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenues	858,460	841,618	819,997	824,804
Property operations	235,486	227,621	223,582	209,035
Tenant reinsurance	17,781	16,945	17,116	17,510
Life storage merger transition costs	-	-	-	0
General and administrative	43,479	44,952	45,974	39,750
Depreciation and amortization	177,466	177,266	180,356	195,046
Total expenses	474,212	466,784	467,028	461,341
Loss on real estate assets held for sale and sold, net	-105,128	-864	35,761	-8,961
Impairment of life storage trade name	0	-	-	-51,763
Income from operations	279,120	373,970	388,730	302,739
Interest expense	149,650	146,128	142,399	142,855
Non-cash interest expense related to amortization of discount on life storage unsecured senior notes-Senior Notes	-	-	11,313	-
Non-cash interest expense related to amortization of discount on unsecured senior notes, net	12,086	11,770	-	11,005
Interest income	43,588	41,998	38,967	34,947
Income before equity in earnings and dividend income from unconsolidated real estate entities and income tax expense	160,972	258,070	273,985	183,826
Equity in earnings and dividend income from unconsolidated real estate entities	15,669	16,284	19,931	16,246
Equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and sale of a joint venture interest	9,354	-	-	13,730
Income tax expense	11,962	11,638	8,991	10,857
Net income	174,033	262,716	284,925	202,945
Net income allocated to preferred operating partnership noncontrolling interests	724	723	724	1,932
Net income allocated to operating partnership and other noncontrolling interests	7,311	12,262	13,326	7,803
Net income attributable to common stockholders	165,998	249,731	270,875	193,210

Basic (in dollars per share)	0.78	1.18	1.28	0.91
Basic (in shares)	211,963,870	211,940,903	211,850,618	211,698,436
Diluted (in dollars per share)	0.78	1.18	1.28	0.91
Diluted (in shares)	221,304,958	211,940,903	212,052,742	220,298,870

MyFinsight

Income Overview

Revenue
$858,460K
Net Income
$165,998K
Net Profit Margin
19.34%
EPS
$0.78
Unit: Thousand (K) dollars
Revenue Breakdown
Property rental
Tenant reinsurance
Management fees and other income

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

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Income Overview

Revenue
$858,460K
Net Income
$165,998K
Net Profit Margin
19.34%
EPS
$0.78
Unit: Thousand (K) dollars
Revenue Breakdown
Property rental
Tenant reinsurance
Management fees and other income

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image

Income Overview

Revenue$858,460KNet Income$165,998KNet Profit Margin19.34%EPS$0.78Unit: Thousand (K) dollarsRevenue BreakdownProperty rentalTenant reinsuranceManagement fees and other income

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Income Overview

Revenue$858,460KNet Income$165,998KNet Profit Margin19.34%EPS$0.78Unit: Thousand (K) dollarsRevenue BreakdownProperty rentalTenant reinsuranceManagement fees and other income

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

Revenue
$858,460K
Net Income
$165,998K
Net Profit Margin
19.34%
EPS
$0.78
Unit: Thousand (K) dollars
Revenue Breakdown
Property rental
Tenant reinsurance
Management fees and other income

Revenue
$858,460K
Net Income
$165,998K
Net Profit Margin
19.34%
EPS
$0.78
Unit: Thousand (K) dollars
Revenue Breakdown
Property rental
Tenant reinsurance
Management fees and other income