The Inventing Press

Extra Space Storage Inc.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$3.4B$3.3B$2.6B$1.9B$1.6B
Cost of revenue$918.1M$831.6M$612.0M$435.3M$368.6M
Operating income$1.4B$1.3B$1.2B$1.1B$976.0M
Interest expense$419.0M$219.2M$166.2M
Pretax income$940.8M$852.7M$817.2M$900.7M$859.5M
Income tax expense$41.6M$33.5M$21.6M$20.9M$20.3M
Net income$974.0M$854.7M$803.2M$860.7M$827.6M
Balance Sheet
Cash and equivalents$138.9M$138.2M$99.1M$92.9M$71.1M
Total assets$29.3B$28.8B$27.5B$12.2B$10.5B
Total liabilities$14.9B$14.0B$12.0B$8.1B$6.7B
Stockholders' equity$13.4B$13.9B$14.4B$3.3B$3.1B
Cash Flow Statement
Cash from operations$1.9B$1.9B$1.4B$1.2B$952.4M
Depreciation and amortization$715.2M$783.0M$506.1M$288.3M$241.9M
Stock-based compensation$35.5M$29.0M$26.5M$21.4M$17.3M
Capital expenditure$561.7M$479.1M$135.6M$1.2B$3.7M
Free cash flow$1.3B$1.4B$1.3B$44.9M$948.8M
Dividends paid$1.4B$1.4B$1.0B$805.3M$601.0M
Share repurchases$149.5M$0$0$63.0M$0

Shares outstanding 211.3M · Free float 98.5%

Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.