Extra Space Storage Inc. is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage facilities. The company rents storage units, including climate controlled units, drive-up units, lockers, boat storage, RV storage and business storage under the brands Extra Space Storage, Life Storage, and Storage Express. As of March 28, 2024 the company owned and/or operated 3,714 locations in 43 states, and Washington, D.C. comprising approximately 2.6 million units 283.4 million square feet of net rentable space. It is the largest owner of self storage units in the United States and the largest self storage property manager.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| EXR | Extra Space Storage Inc. | 2025-10-16 16:07:31 | 152.1 | 0.1 | 0.07 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EXR | 0001289490 | Extra Space Storage Inc. | US30225T1025 | — | 201076777 | NYSE | 6798 | Real Estate Investment Trusts | 1231 | MD | 2795 COTTONWOOD PARKWAY, SUITE 400 | SALT LAKE CITY | UT | 84121 | UNITED STATES | US | 801-562-5556 | 2795 COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY, UT, 84121 | 2795 COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY, UT, 84121 | — | Real Estate Investment Trust | 1977 | Joseph D. Margolis | 8,012 | https://www.extraspace.com | 32,584,898,000 | 212,252,547 | 212,253,611 | Extra Space Storage Inc. is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage facilities. The company rents storage units, including climate controlled units, drive-up units, lockers, boat storage, RV storage and business storage under the brands Extra Space Storage, Life Storage, and Storage Express. As of March 28, 2024 the company owned and/or operated 3,714 locations in 43 states, and Washington, D.C. comprising approximately 2.6 million units 283.4 million square feet of net rentable space. It is the largest owner of self storage units in the United States and the largest self storage property manager. | 2025-10-10 19:22:50 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 32,584,898,000 | 13,241,297,777 | 68.4531 | 211,998,129 | 423,577 | 0.2002 |
| 2023 | 19,343,600,223 | -3,087,332,848 | -13.7637 | 211,574,552 | 76,589,517 | 56.7393 |
| 2022 | 22,430,933,071 | 971,946,660 | 4.5293 | 134,985,035 | 832,495 | 0.6206 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Zach Dickens | Chief Investment Officer | 2024 | 485,000 | 0 | 2,549,642 | 481,363 | 126,084 | 3,642,089 |
| Scott Stubbs | Chief Financial Officer | 2024 | 520,000 | 0 | 2,741,410 | 645,125 | 164,489 | 4,071,024 |
| Joseph D. Margolis | Chief Executive Officer | 2024 | 900,000 | 0 | 9,649,642 | 1,563,188 | 574,411 | 12,687,241 |
| Samrat Sondhi | Chief Marketing Officer | 2023 | 495,000 | 0 | 2,531,662 | 438,075 | 213,154 | 3,677,891 |
| Scott Stubbs | Chief Financial Officer | 2023 | 500,000 | 0 | 2,399,700 | 553,125 | 266,974 | 3,719,799 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 8,012 |
| 2023 | 7,618 |
| 2022 | 4,781 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 3,256,902,000 | 2,560,244,000 | 1,924,170,000 |
| Cost Of Revenue | 831,566,000 | 612,036,000 | 435,342,000 |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 167,398,000 | 146,408,000 | 129,251,000 |
| Operating Expenses | 1,855,873,000 | 1,390,103,000 | 888,017,000 |
| Operating Income | 1,323,360,000 | 1,170,141,000 | 1,050,402,000 |
| Net Income | 854,681,000 | 803,198,000 | 860,688,000 |
| Earnings Per Share Basic | 4.03 | 4.74 | 6.41 |
| Earnings Per Share Diluted | 4.03 | 4.74 | 6.41 |
| Weighted Average Shares Outstanding Basic | 211,575,240 | 169,216,989 | 134,050,815 |
| Weighted Average Shares Outstanding Diluted | 211,577,680 | 169,220,882 | 141,681,388 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 138,222,000 | 99,062,000 | 92,868,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 129,748,000 | 134,716,000 | 85,937,000 |
| Inventories | — | — | — |
| Non Trade Receivables | — | 100,000,000 | — |
| Other Assets Current | — | — | — |
| Total Assets Current | — | — | — |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 50,365,000 | 48,697,000 | 42,808,000 |
| Other Assets Non Current | 0 | 50,000,000 | — |
| Total Assets Non Current | — | — | — |
| Total Assets | 28,847,926,000 | 27,456,262,000 | 12,167,458,000 |
| Accounts Payable | 346,519,000 | 334,518,000 | 171,680,000 |
| Deferred Revenue | — | — | — |
| Short Term Debt | 780,922,000 | 648,250,000 | 386,684,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | — | — | — |
| Long Term Debt | 10,960,016,000 | — | — |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | — | — | — |
| Total Liabilities | 13,988,564,000 | 12,042,313,000 | 8,089,184,000 |
| Common Stock | 2,120,000 | 2,113,000 | 1,339,000 |
| Retained Earnings | -899,337,000 | -379,015,000 | -135,872,000 |
| Accumulated Other Comprehensive Income | 12,806,000 | 17,435,000 | 48,798,000 |
| Total Shareholders Equity | 13,947,535,000 | 14,390,921,000 | 3,259,597,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 783,023,000 | 506,053,000 | — |
| Share Based Compensation Expense | 22,906,000 | 26,638,000 | 21,386,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | — | — | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 12,043,000 | 32,507,000 | 1,208,000 |
| Change In Accounts Payable | 964,000 | 35,031,000 | 29,027,000 |
| Change In Other Liabilities | 68,835,000 | -3,082,000 | 8,285,000 |
| Cash From Operating Activities | 1,887,430,000 | 1,402,474,000 | 1,238,139,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 479,059,000 | 135,577,000 | — |
| Acquisition Of Business | 0 | 0 | 157,302,000 |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -1,646,920,000 | -1,818,256,000 | -1,648,459,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | 1,375,003,000 | 1,046,341,000 | 805,311,000 |
| Issuance Of Common Stock | — | 0 | 0 |
| Repurchase Of Common Stock | 0 | 0 | 63,008,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -202,290,000 | 423,130,000 | 431,861,000 |
| Change In Cash | 38,220,000 | 7,348,000 | 21,541,000 |
| Cash At End Of Period | 138,222,000 | 99,062,000 | 92,868,000 |
| Income Taxes Paid | 33,772,000 | 22,753,000 | 18,957,000 |
| Interest Paid | 499,417,000 | 338,552,000 | 197,069,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 4.03 | 4.74 | 6.41 |
| Price To Earnings Ratio | 37.1216 | 33.8249 | 22.961 |
| Earnings Growth Rate | -14.9789 | -26.053 | 3.3871 |
| Price Earnings To Growth Ratio | -2.4783 | -1.2983 | 6.779 |
| Book Value Per Share | 70.232 | 91.0898 | 30.4233 |
| Price To Book Ratio | 2.1301 | 1.7601 | 4.8377 |
| Ebitda | 1,671,476,000 | 1,751,039,000 | — |
| Enterprise Value | 43,254,371,904 | — | — |
| Dividend Yield | 0.0434 | 0.0386 | 0.0408 |
| Dividend Payout Ratio | 1.6088 | 1.3027 | 0.9357 |
| Debt To Equity Ratio | 0.8418 | — | — |
| Capital Expenditures | 784,691,000 | 511,942,000 | — |
| Free Cash Flow | 1,102,739,000 | 890,532,000 | — |
| Return On Equity | 0.0613 | 0.0558 | 0.264 |
| One Year Beta | 0.644 | 1.0366 | 0.9052 |
| Three Year Beta | 0.8815 | 0.8606 | 0.7463 |
| Five Year Beta | 0.7605 | 0.7221 | 0.6608 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| Margolis Joseph D | Director, Chief Executive Officer | 2025-10-01 | 7,500 | D | 19,760 |
| Springer William N | EVP, Chief S & P Officer | 2025-09-11 | 295 | D | 19,725 |
| Margolis Joseph D | Director, Chief Executive Officer | 2025-07-01 | 7,500 | D | 27,260 |
| Dickens Zachary T | EVP, Chief Investment Officer | 2025-07-01 | 164 | D | 26,667 |
| Springer William N | EVP, Chief S & P Officer | 2025-07-01 | 138 | D | 20,020 |
| Name Of Reporting Person | Type Of Reporting Person | Report Date | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Thomas H Tuberville | Senator | 2024-05-15 | Sale (Full) | 2024-04-03 | Joint | $1,001 - $15,000 |
| Thomas H Tuberville | Senator | 2022-11-10 | Purchase | 2022-10-06 | Joint | $1,001 - $15,000 |
| David A Perdue , Jr | Senator | 2021-05-02 | Sale (Partial) | 2020-04-14 | Joint | $15,001 - $50,000 |
| David A Perdue , Jr | Senator | 2020-05-08 | Sale (Full) | 2020-04-14 | Joint | $15,001 - $50,000 |
| David A Perdue , Jr | Senator | 2020-05-08 | Sale (Partial) | 2020-04-14 | Joint | $15,001 - $50,000 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Rob Bresnahan | 2025-03-27 | PA08 | Sale | 2025-02-25 | — | $1,001 - $15,000 |
| Daniel Goldman | 2023-08-13 | NY10 | Sale | 2023-07-12 | — | $15,001 - $50,000 |
| Daniel Goldman | 2023-05-19 | NY10 | Sale (Partial) | 2023-04-10 | — | $1,001 - $15,000 |
| Robert J. Wittman | 2017-11-14 | VA01 | Sale | 2017-10-26 | — | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| National Pension Service | 2025-06-30 | 47,042,944 | 319,065 | 147.44 |
| Achmea Investment Management B.V. | 2025-06-30 | 1,549,000 | 10,506 | 147.4396 |
| Golden State Wealth Management, LLC | 2025-06-30 | 23,443 | 159 | 147.4403 |
| AlphaStar Capital Management, LLC | 2025-06-30 | 1,540,807 | 10,450 | 147.4456 |
| CREATIVE FINANCIAL DESIGNS INC /ADV | 2025-06-30 | 25,360 | 172 | 147.4419 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| TRUST FOR PROFESSIONAL MANAGERS | 2025-08-31 | Column Mid Cap Fund | CFMCX | 5,209 | 747,908.22 | 0.075 |
| TRUST FOR PROFESSIONAL MANAGERS | 2025-08-31 | Column Mid Cap Select Fund | CFMSX | 26,319 | 3,778,882.02 | 0.1456 |
| ETF Series Solutions | 2025-07-31 | Aptus Large Cap Enhanced Yield ETF | DUBS | 652 | 87,602.72 | 0.0366 |
| Pacer Funds Trust | 2025-07-31 | Pacer Trendpilot US Large Cap ETF | PTLC | 13,160 | 1,768,177.6 | 0.053 |
| Pacer Funds Trust | 2025-07-31 | Pacer MSCI World Industry Advantage ETF | GLBL | 6 | 806.16 | 0.087 |