Extra Space Storage
$133.25Change from previous close: +0.13%Absolute change: +$0.17
At a glance
- Revenue growth
- +3.70%
- 2025 vs 2024
- Net income growth
- +13.96%
- 2025 vs 2024
- Net margin
- 28.8%
- 2024: 26.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 3,378 | 3,257 | 2,560 | 1,924 | — |
| Cost of revenue | 987 | 905 | 671 | 469 | — |
| Gross profit | 2,391 | 2,351 | 1,889 | 1,455 | — |
| Selling, general and administrative | 186 | 167 | 146 | 129 | — |
| Operating income | 1,489 | 1,401 | 1,237 | 1,038 | — |
| EBIT | 1,699 | 1,529 | 1,310 | 1,161 | — |
| EBITDA | 2,414 | 2,312 | 1,816 | 1,450 | — |
| Interest expense | 635 | 595 | 438 | 219 | — |
| Pre-tax income | 1,064 | 934 | 872 | 942 | — |
| Income tax | 41.6 | 33.5 | 21.6 | 20.9 | — |
| Net income | 974 | 855 | 803 | 861 | — |
| Net income to common shareholders | 972 | 853 | 802 | 859 | — |
| Basic EPS | 4.59 | 4.03 | 4.74 | 6.41 | — |
| Diluted EPS | 4.59 | 4.03 | 4.74 | 6.41 | — |
| Average shares (basic) | 212 | 212 | 169 | 134 | — |
| Average shares (diluted) | 212 | 212 | 169 | 142 | — |