EXR Q2 2019 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena

EXRExtra Space Storage Inc.

$30B

Q2 2019 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$327M+8.8% YoY

Gross Profit

$239M73.1% margin

Operating Income

$159M48.7% margin

Net Income

$105M32.0% margin

EPS (Diluted)

$0.81

QoQ Revenue Growth

+4.0%

Cash Flow

Operating Cash Flow

$194M

Free Cash Flow

$193M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$8.4B

Total Liabilities

$5.6B

Stockholders' Equity

$2.4B

Cash & Equivalents

$48M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$327M	$300M	+8.8%
Gross Profit	$239M	$222M	+7.8%
Operating Income	$159M	$145M	+10.0%
Net Income	$105M	$95M	+10.2%

Revenue Segments

Self Storage Operations

$280M90%

Tenant Reinsurance

$32M10%