EXR FY 2023 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena

EXRExtra Space Storage Inc.

$31B

FY 2023 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$2.6B+33.0% YoY

Gross Profit

$2.0B77.3% margin

Operating Income

$1.2B44.7% margin

Net Income

$803M30.7% margin

EPS (Diluted)

$4.74

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$1.4B

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$27.5B

Total Liabilities

$12.0B

Stockholders' Equity

$14.4B

Cash & Equivalents

$99M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$2.0B	+33.0%
Gross Profit	$2.0B	$1.5B	+31.0%
Operating Income	$1.2B	$1.1B	+11.4%
Net Income	$803M	$861M	-6.7%