EXR Q3 2020 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena

EXRExtra Space Storage Inc.

$30B

Q3 2020 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$349M+2.5% YoY

Gross Profit

$249M71.5% margin

Operating Income

$163M46.8% margin

Net Income

$114M32.8% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$191M

Free Cash Flow

$191M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$8.8B

Total Liabilities

$6.0B

Stockholders' Equity

$2.4B

Cash & Equivalents

$75M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$349M	$340M	+2.5%
Gross Profit	$249M	$244M	+2.1%
Operating Income	$163M	$163M	+0.3%
Net Income	$114M	$108M	+6.1%

Revenue Segments

Self Storage Operations

$290M88%

Tenant Reinsurance

$39M12%