Extra Space Storage (EXR) Revenue & Revenue Breakdown


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Extra Space Storage Revenue Highlights


Latest Revenue (Y)

$2.56B

Latest Revenue (Q)

$824.80M

Main Segment (Y)

Self Storage Operations

Extra Space Storage Revenue by Period


Extra Space Storage Revenue by Year

DateRevenueChange
2023-12-31$2.56B33.06%
2022-12-31$1.92B21.99%
2021-12-31$1.58B16.31%
2020-12-31$1.36B3.65%
2019-12-31$1.31B9.35%
2018-12-31$1.20B8.29%
2017-12-31$1.11B11.41%
2016-12-31$991.88M26.79%
2015-12-31$782.27M20.88%
2014-12-31$647.15M24.31%
2013-12-31$520.61M27.17%
2012-12-31$409.40M24.12%
2011-12-31$329.83M17.17%
2010-12-31$281.50M0.36%
2009-12-31$280.48M2.64%
2008-12-31$273.25M14.40%
2007-12-31$238.87M21.09%
2006-12-31$197.26M46.42%
2005-12-31$134.73M104.22%
2004-12-31$65.97M81.93%
2003-12-31$36.26M14.90%
2002-12-31$31.56M38.33%
2001-12-31$22.81M-

Extra Space Storage generated $2.56B in revenue during NA 2023, up 33.06% compared to the previous quarter, and up 213.96% compared to the same period a year ago.

Extra Space Storage Revenue by Quarter

DateRevenueChange
2024-09-30$824.80M1.74%
2024-06-30$810.66M1.39%
2024-03-31$799.54M0.22%
2023-12-31$797.77M6.65%
2023-09-30$748.03M46.28%
2023-06-30$511.39M1.66%
2023-03-31$503.05M-0.72%
2022-12-31$506.72M1.57%
2022-09-30$498.90M5.03%
2022-06-30$474.99M7.08%
2022-03-31$443.56M3.79%
2021-12-31$427.38M3.61%
2021-09-30$412.49M8.94%
2021-06-30$378.63M5.51%
2021-03-31$358.86M1.52%
2020-12-31$353.49M3.05%
2020-09-30$343.02M4.82%
2020-06-30$327.25M-1.57%
2020-03-31$332.45M-1.00%
2019-12-31$335.80M-0.50%
2019-09-30$337.50M4.30%
2019-06-30$323.60M3.87%
2019-03-31$311.55M1.36%
2018-12-31$307.35M0.13%
2018-09-30$306.95M3.42%
2018-06-30$296.81M3.97%
2018-03-31$285.49M1.29%
2017-12-31$281.84M-0.81%
2017-09-30$284.16M2.95%
2017-06-30$276.00M4.94%
2017-03-31$263.01M0.76%
2016-12-31$261.02M1.49%
2016-09-30$257.18M5.29%
2016-06-30$244.27M6.48%
2016-03-31$229.40M1.61%
2015-12-31$225.76M14.31%
2015-09-30$197.50M6.26%
2015-06-30$185.86M7.34%
2015-03-31$173.15M3.46%
2014-12-31$167.37M-0.00%
2014-09-30$167.37M4.45%
2014-06-30$160.24M5.30%
2014-03-31$152.18M7.22%
2013-12-31$141.93M6.63%
2013-09-30$133.11M5.44%
2013-06-30$126.25M5.80%
2013-03-31$119.32M4.98%
2012-12-31$113.67M3.53%
2012-09-30$109.79M15.63%
2012-06-30$94.95M4.36%
2012-03-31$90.99M-2.39%
2011-12-31$93.21M10.84%
2011-09-30$84.10M7.76%
2011-06-30$78.04M4.78%
2011-03-31$74.48M1.81%
2010-12-31$73.15M1.63%
2010-09-30$71.98M4.66%
2010-06-30$68.78M1.76%
2010-03-31$67.59M-4.61%
2009-12-31$70.85M-0.64%
2009-09-30$71.30M3.24%
2009-06-30$69.07M-0.27%
2009-03-31$69.25M-1.57%
2008-12-31$70.36M0.73%
2008-09-30$69.85M3.73%
2008-06-30$67.34M-

Extra Space Storage generated $824.80M in revenue during Q3 2024, up 1.74% compared to the previous quarter, and up 161.29% compared to the same period a year ago.

Extra Space Storage Revenue Breakdown


Extra Space Storage Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Tenant Reinsurance$235.68M$185.53M$170.11M$146.56M$128.39M
Self Storage Operations$2.22B$1.65B$1.34B$1.16B$1.13B

Extra Space Storage's latest annual revenue breakdown by segment (product or service), as of Dec 23: Self Storage Operations (90.41%), and Tenant Reinsurance (9.59%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Self Storage Operations$710.87M$697.10M$688.04M$696.98M$650.89M$440.75M$433.96M$438.10M$428.79M$408.04M$379.81M$364.54M$351.36M$321.50M$303.59M$301.08M$290.42M$279.31M$286.70M$288.67M
Tenant Reinsurance$84.05M$83.70M$81.35M$70.42M$69.13M$48.43M$47.70M$47.44M$47.87M$46.43M$43.80M$43.90M$44.26M$42.33M$39.62M$38.58M$39.29M$35.08M$33.61M$33.30M

Extra Space Storage's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Self Storage Operations (89.43%), and Tenant Reinsurance (10.57%).

Extra Space Storage Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PLDPrologis$8.02B$2.12B
PSAPublic Storage$4.52B$1.19B
COLDAmericold Realty Trust$2.67B$674.17M
EXRExtra Space Storage$2.56B$824.80M
CUBECubeSmart$1.05B$270.89M
NSANational Storage Affiliates Trust$858.06M$193.62M
REXRRexford Industrial Realty$797.83M$214.10M
STAGSTAG Industrial$707.84M$190.74M
EGPEastGroup Properties$570.59M$15.00K
LXPLXP Industrial Trust$340.50M$85.79M
IIPRInnovative Industrial Properties$309.51M$76.53M
PLYMPlymouth Industrial REIT$199.85M$48.69M
SELFGlobal Self Storage$12.19M$3.20M

EXR Revenue FAQ


What is Extra Space Storage’s yearly revenue?

Extra Space Storage's yearly revenue for 2023 was $2.56B, representing an increase of 33.06% compared to 2022. The company's yearly revenue for 2022 was $1.92B, representing an increase of 21.99% compared to 2021. EXR's yearly revenue for 2021 was $1.58B, representing an increase of 16.31% compared to 2020.

What is Extra Space Storage’s quarterly revenue?

Extra Space Storage's quarterly revenue for Q3 2024 was $824.8M, a 1.74% increase from the previous quarter (Q2 2024), and a 10.26% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $810.66M, a 1.39% increase from the previous quarter (Q1 2024), and a 58.52% increase year-over-year (Q2 2023). EXR's quarterly revenue for Q1 2024 was $799.54M, a 0.22% increase from the previous quarter (Q4 2023), and a 58.94% increase year-over-year (Q1 2023).

What is Extra Space Storage’s revenue growth rate?

Extra Space Storage's revenue growth rate for the last 3 years (2021-2023) was 62.31%, and for the last 5 years (2019-2023) was 95.67%.

What are Extra Space Storage’s revenue streams?

Extra Space Storage's revenue streams in c 23 are Tenant Reinsurance, and Self Storage Operations. Tenant Reinsurance generated $235.68M in revenue, accounting 9.59% of the company's total revenue, up 27.03% year-over-year. Self Storage Operations generated $2.22B in revenue, accounting 90.41% of the company's total revenue, up 34.32% year-over-year.

What is Extra Space Storage’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Extra Space Storage was Self Storage Operations. This segment made a revenue of $2.22B, representing 90.41% of the company's total revenue.