EXRExtra Space Storage Inc.

$30B

Q2 2020 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$332M+1.7% YoY

Gross Profit

$236M71.1% margin

Operating Income

$150M45.1% margin

Net Income

$103M30.9% margin

EPS (Diluted)

$0.80

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$203M

Free Cash Flow

$201M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$8.5B

Total Liabilities

$5.8B

Stockholders' Equity

$2.4B

Cash & Equivalents

$56M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$332M	$327M	+1.7%
Gross Profit	$236M	$239M	-1.0%
Operating Income	$150M	$159M	-5.8%
Net Income	$103M	$105M	-1.8%

Revenue Segments

Self Storage Operations

$279M89%

Tenant Reinsurance

$35M11%

EXR Q2 2020 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena