EXR Q3 2019 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena

EXRExtra Space Storage Inc.

$30B

Q3 2019 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$340M+9.5% YoY

Gross Profit

$244M71.7% margin

Operating Income

$163M47.8% margin

Net Income

$108M31.7% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

+4.1%

Cash Flow

Operating Cash Flow

$181M

Free Cash Flow

$178M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$8.3B

Total Liabilities

$5.4B

Stockholders' Equity

$2.5B

Cash & Equivalents

$62M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$340M	$311M	+9.5%
Gross Profit	$244M	$229M	+6.4%
Operating Income	$163M	$154M	+5.9%
Net Income	$108M	$130M	-17.1%

Revenue Segments

Self Storage Operations

$291M90%

Tenant Reinsurance

$34M10%