EXR Q4 2021 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena

EXRExtra Space Storage Inc.

$31B

Q4 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$436M+21.1% YoY

Gross Profit

$353M80.8% margin

Operating Income

$312M71.5% margin

Net Income

$268M61.4% margin

EPS (Diluted)

$2.00

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$223M

Free Cash Flow

$223M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$10.5B

Total Liabilities

$6.7B

Stockholders' Equity

$3.1B

Cash & Equivalents

$71M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$436M	$360M	+21.1%
Gross Profit	$353M	$294M	+20.0%
Operating Income	$312M	$196M	+59.3%
Net Income	$268M	$156M	+71.8%

Revenue Segments

Self Storage Operations

$365M89%

Tenant Reinsurance

$44M11%