EXR Q1 2025 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena

EXRExtra Space Storage Inc.

$31B

Q1 2025 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$840M+3.1% YoY

Gross Profit

$614M73.1% margin

Operating Income

$389M46.3% margin

Net Income

$271M32.2% margin

EPS (Diluted)

$1.28

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$481M

Free Cash Flow

$477M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$29.0B

Total Liabilities

$14.2B

Stockholders' Equity

$13.9B

Cash & Equivalents

$120M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$840M	$815M	+3.1%
Gross Profit	$614M	$608M	+1.0%
Operating Income	$389M	$336M	+15.8%
Net Income	$271M	$213M	+27.1%

Revenue Segments

Self Storage Operations

$704M89%

Tenant Reinsurance

$85M11%