Extra Space Storage Inc. (EXR)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Total revenues | 841,618 | 819,997 | 824,804 | 810,663 |
| Life storage merger transition costs | - | - | - | - |
| General and administrative | 44,952 | 45,974 | 39,750 | 39,901 |
| Depreciation and amortization | 177,266 | 180,356 | 195,046 | 194,809 |
| Property operations | 227,621 | 223,582 | 209,035 | 196,902 |
| Tenant reinsurance | 16,945 | 17,116 | 17,510 | 19,631 |
| Total expenses | 466,784 | 467,028 | 461,341 | 451,243 |
| Gain (loss) on real estate assets held for sale and sold, net | -864 | 35,761 | -8,961 | -54,659 |
| Impairment of life storage trade name | - | - | -51,763 | - |
| Income from operations | 373,970 | 388,730 | 302,739 | 304,761 |
| Interest income | 41,998 | 38,967 | 34,947 | 31,226 |
| Non-cash interest expense related to amortization of discount on unsecured senior notes, net | 11,770 | - | 11,005 | 10,853 |
| Interest expense | 146,128 | 142,399 | 142,855 | 137,133 |
| Non-cash interest expense related to amortization of discount on life storage unsecured senior notes-Senior Notes | - | 11,313 | - | - |
| Income before equity in earnings and dividend income from unconsolidated real estate entities and income tax expense | 258,070 | 273,985 | 183,826 | 188,001 |
| Equity in earnings and dividend income from unconsolidated real estate entities | 16,284 | 19,931 | 16,246 | 17,255 |
| Income tax expense | 11,638 | 8,991 | 10,857 | 9,844 |
| Equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and sale of a joint venture interest | - | - | 13,730 | - |
| Net income | 262,716 | 284,925 | 202,945 | 195,412 |
| Net income allocated to preferred operating partnership noncontrolling interests | 723 | 724 | 1,932 | 1,933 |
| Net income allocated to operating partnership and other noncontrolling interests | 12,262 | 13,326 | 7,803 | 7,607 |
| Net income attributable to common stockholders | 249,731 | 270,875 | 193,210 | 185,872 |
| Basic (in dollars per share) | 1.18 | 1.28 | 0.91 | 0.88 |
| Basic (in shares) | 211,940,903 | 211,850,618 | 211,698,436 | 211,584,155 |
| Diluted (in dollars per share) | 1.18 | 1.28 | 0.91 | 0.88 |
| Diluted (in shares) | 211,940,903 | 212,052,742 | 220,298,870 | 211,587,105 |