Extra Space Storage Inc.
EXRFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
3,338
Cost of Revenue
791
Gross Profit
2,547
Gross Margin
76.3%
Operating Income
1,323
Operating Margin
39.6%
Net Income
855
Net Margin
25.6%
EPS (Basic)
$4.03
EPS (Diluted)
$4.03
EBITDA
2,260
EBITDA Margin
67.7%
2023
12/31/2023
Revenue
2,615
Cost of Revenue
594
Gross Profit
2,021
Gross Margin
77.3%
Operating Income
1,170
Operating Margin
44.7%
Net Income
803
Net Margin
30.7%
EPS (Basic)
$4.74
EPS (Diluted)
$4.74
EBITDA
1,792
EBITDA Margin
68.5%
2022
12/31/2022
Revenue
1,966
Cost of Revenue
423
Gross Profit
1,542
Gross Margin
78.5%
Operating Income
1,050
Operating Margin
53.4%
Net Income
861
Net Margin
43.8%
EPS (Basic)
$6.41
EPS (Diluted)
$6.41
EBITDA
1,367
EBITDA Margin
69.6%
2021
12/31/2021
Revenue
1,610
Cost of Revenue
379
Gross Profit
1,230
Gross Margin
76.4%
Operating Income
976
Operating Margin
60.6%
Net Income
828
Net Margin
51.4%
EPS (Basic)
$6.20
EPS (Diluted)
$6.19
EBITDA
1,109
EBITDA Margin
68.9%
2020
12/31/2020
Revenue
1,379
Cost of Revenue
359
Gross Profit
1,020
Gross Margin
74.0%
Operating Income
666
Operating Margin
48.3%
Net Income
482
Net Margin
34.9%
EPS (Basic)
$3.71
EPS (Diluted)
$3.71
EBITDA
895
EBITDA Margin
64.9%