EXR Q2 2021 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena

EXRExtra Space Storage Inc.

$31B

Q2 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$387M+16.5% YoY

Gross Profit

$291M75.2% margin

Operating Income

$197M50.9% margin

Net Income

$168M43.3% margin

EPS (Diluted)

$1.25

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$260M

Free Cash Flow

$258M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$9.5B

Total Liabilities

$6.1B

Stockholders' Equity

$3.0B

Cash & Equivalents

$56M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$387M	$332M	+16.5%
Gross Profit	$291M	$236M	+23.1%
Operating Income	$197M	$150M	+31.2%
Net Income	$168M	$103M	+63.2%

Revenue Segments

Self Storage Operations

$322M88%

Tenant Reinsurance

$42M12%