EXR Q3 2021 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena

EXRExtra Space Storage Inc.

$30B

Q3 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$421M+20.7% YoY

Gross Profit

$320M76.2% margin

Operating Income

$226M53.8% margin

Net Income

$188M44.7% margin

EPS (Diluted)

$1.40

QoQ Revenue Growth

+8.7%

Cash Flow

Operating Cash Flow

$266M

Free Cash Flow

$265M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$9.7B

Total Liabilities

$6.3B

Stockholders' Equity

$3.0B

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$421M	$349M	+20.7%
Gross Profit	$320M	$249M	+28.6%
Operating Income	$226M	$163M	+38.6%
Net Income	$188M	$114M	+64.3%

Revenue Segments

Self Storage Operations

$351M89%

Tenant Reinsurance

$44M11%