EXR Q4 2024 Earnings — Extra Space Storage Inc. Revenue & Financial Results | Market Cap Arena

EXRExtra Space Storage Inc.

$31B

Q4 2024 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$841M+3.3% YoY

Gross Profit

$716M85.2% margin

Operating Income

$380M45.2% margin

Net Income

$262M31.2% margin

EPS (Diluted)

$1.24

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$408M

Free Cash Flow

$403M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$28.8B

Total Liabilities

$14.0B

Stockholders' Equity

$13.9B

Cash & Equivalents

$138M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$841M	$814M	+3.3%
Gross Profit	$716M	$675M	+6.1%
Operating Income	$380M	$333M	+14.0%
Net Income	$262M	$216M	+21.4%

Revenue Segments

Self Storage Operations

$707M89%

Tenant Reinsurance

$84M11%