Extra Space Storage Inc. Website

Extra Space Storage Inc.

NYSE-EXR

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

1,180.1

1,209.7

1,407.3

1,738.6

2,324.6

2,851.4

Other Revenues, Total

139.7

168.9

202.5

227

290.5

368.1

Total Revenues

1,319.7

1,378.6

1,609.7

1,965.6

2,615.1

3,219.5

Total Revenues % Chg.

9%

4.5%

16.8%

22.1%

33%

55.9%

Cost of Goods Sold, Total

340.3

358.8

379.3

449.7

638.1

827.3

Gross Profit

979.4

1,019.8

1,230.4

1,515.9

1,977

2,392.3

Selling General & Admin Expenses, Total

114.5

124.9

121

148.5

179.2

193.2

Depreciation & Amortization

219.9

224.4

241.9

288.3

506.1

740.3

Other Operating Expenses, Total

334.4

349.4

362.9

436.9

685.3

933.5

Operating Income

645

670.4

867.6

1,079

1,291.7

1,458.8

Interest Expense, Total

-191.3

-172.3

-166.2

-219.2

-437.8

-562.9

Interest And Investment Income

7.5

15.2

49.7

69.4

84.9

99.1

Net Interest Expenses

-183.8

-157.1

-116.5

-149.7

-353

-463.8

Other Non Operating Income (Expenses)

—

—

—

—

—

—

—

—

—

EBT, Excl. Unusual Items

461.2

513.3

751.1

929.3

938.7

995

Merger & Related Restructuring Charges

—

—

—

—

—

—

-1.5

-66.7

-66.7

Gain (Loss) On Sale Of Investments

—

—

—

—

6.3

—

—

—

Gain (Loss) On Sale Of Assets

—

—

1.2

18.1

140.8

14.2

—

-54.7

Legal Settlements

—

—

—

—

—

—

—

—

—

—

Other Unusual Items

—

—

—

—

—

—

—

—

EBT, Incl. Unusual Items

462.4

531.4

898.1

942.1

872

873.6

Income Tax Expense

11.3

13.8

20.3

20.9

21.6

27.9

Earnings From Continuing Operations

451.1

517.6

877.8

921.2

850.5

845.7

Minority Interest

-31.2

-35.8

-50.1

-60.5

-47.3

-42.3

Net Income

420

481.8

827.6

860.7

803.2

803.5

Preferred Dividend and Other Adjustments

0.7

0.7

1.2

1.2

1.2

1.4

Net Income to Common Incl Extra Items

419.3

481.1

826.5

859.5

802

802.1

Net Income to Common Excl. Extra Items

419.3

481.1

826.5

859.5

802

802.1

Total Shares Outstanding

129.5

131.4

133.9

133.9

211.3

211.9

Weighted Avg. Shares Outstanding

128.2

129.5

133.4

134.1

169.2

207.6

Weighted Avg. Shares Outstanding Dil

136.4

129.6

140

141.7

169.2

207.6

EPS

3.3

3.7

6.2

6.4

4.7

3.9

EPS Diluted

3.2

3.7

6.2

6.4

4.7

3.8

EBITDA

864.9

894.9

1,109.4

1,362.2

1,792.4

2,193.7

Effective Tax Rate

2.4%

2.6%

2.3%

2.2%

2.5%

3.2%