EXR Q1 2021 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena

EXRExtra Space Storage Inc.

$31B

Q1 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$366M+8.4% YoY

Gross Profit

$266M72.8% margin

Operating Income

$241M65.9% margin

Net Income

$203M55.4% margin

EPS (Diluted)

$1.53

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$204M

Free Cash Flow

$203M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.3B

Total Liabilities

$6.0B

Stockholders' Equity

$2.9B

Cash & Equivalents

$60M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$366M	$337M	+8.4%
Gross Profit	$266M	$241M	+10.7%
Operating Income	$241M	$157M	+53.4%
Net Income	$203M	$108M	+87.6%

Revenue Segments

Self Storage Operations

$304M88%

Tenant Reinsurance

$40M12%