Extra Space Storage (EXR) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

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

Date	Revenue	Change
2023-12-31	$2.56B	33.06%
2022-12-31	$1.92B	21.99%
2021-12-31	$1.58B	16.31%
2020-12-31	$1.36B	3.65%
2019-12-31	$1.31B	9.35%
2018-12-31	$1.20B	8.29%
2017-12-31	$1.11B	11.41%
2016-12-31	$991.88M	26.79%
2015-12-31	$782.27M	20.88%
2014-12-31	$647.15M	24.31%
2013-12-31	$520.61M	27.17%
2012-12-31	$409.40M	24.12%
2011-12-31	$329.83M	17.17%
2010-12-31	$281.50M	0.36%
2009-12-31	$280.48M	2.64%
2008-12-31	$273.25M	14.40%
2007-12-31	$238.87M	21.09%
2006-12-31	$197.26M	46.42%
2005-12-31	$134.73M	104.22%
2004-12-31	$65.97M	81.93%
2003-12-31	$36.26M	14.90%
2002-12-31	$31.56M	38.33%
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

Date	Revenue	Change
2024-09-30	$824.80M	1.74%
2024-06-30	$810.66M	1.39%
2024-03-31	$799.54M	0.22%
2023-12-31	$797.77M	6.65%
2023-09-30	$748.03M	46.28%
2023-06-30	$511.39M	1.66%
2023-03-31	$503.05M	-0.72%
2022-12-31	$506.72M	1.57%
2022-09-30	$498.90M	5.03%
2022-06-30	$474.99M	7.08%
2022-03-31	$443.56M	3.79%
2021-12-31	$427.38M	3.61%
2021-09-30	$412.49M	8.94%
2021-06-30	$378.63M	5.51%
2021-03-31	$358.86M	1.52%
2020-12-31	$353.49M	3.05%
2020-09-30	$343.02M	4.82%
2020-06-30	$327.25M	-1.57%
2020-03-31	$332.45M	-1.00%
2019-12-31	$335.80M	-0.50%
2019-09-30	$337.50M	4.30%
2019-06-30	$323.60M	3.87%
2019-03-31	$311.55M	1.36%
2018-12-31	$307.35M	0.13%
2018-09-30	$306.95M	3.42%
2018-06-30	$296.81M	3.97%
2018-03-31	$285.49M	1.29%
2017-12-31	$281.84M	-0.81%
2017-09-30	$284.16M	2.95%
2017-06-30	$276.00M	4.94%
2017-03-31	$263.01M	0.76%
2016-12-31	$261.02M	1.49%
2016-09-30	$257.18M	5.29%
2016-06-30	$244.27M	6.48%
2016-03-31	$229.40M	1.61%
2015-12-31	$225.76M	14.31%
2015-09-30	$197.50M	6.26%
2015-06-30	$185.86M	7.34%
2015-03-31	$173.15M	3.46%
2014-12-31	$167.37M	-0.00%
2014-09-30	$167.37M	4.45%
2014-06-30	$160.24M	5.30%
2014-03-31	$152.18M	7.22%
2013-12-31	$141.93M	6.63%
2013-09-30	$133.11M	5.44%
2013-06-30	$126.25M	5.80%
2013-03-31	$119.32M	4.98%
2012-12-31	$113.67M	3.53%
2012-09-30	$109.79M	15.63%
2012-06-30	$94.95M	4.36%
2012-03-31	$90.99M	-2.39%
2011-12-31	$93.21M	10.84%
2011-09-30	$84.10M	7.76%
2011-06-30	$78.04M	4.78%
2011-03-31	$74.48M	1.81%
2010-12-31	$73.15M	1.63%
2010-09-30	$71.98M	4.66%
2010-06-30	$68.78M	1.76%
2010-03-31	$67.59M	-4.61%
2009-12-31	$70.85M	-0.64%
2009-09-30	$71.30M	3.24%
2009-06-30	$69.07M	-0.27%
2009-03-31	$69.25M	-1.57%
2008-12-31	$70.36M	0.73%
2008-09-30	$69.85M	3.73%
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/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PLD	Prologis	$8.02B	$2.12B
PSA	Public Storage	$4.52B	$1.19B
COLD	Americold Realty Trust	$2.67B	$674.17M
EXR	Extra Space Storage	$2.56B	$824.80M
CUBE	CubeSmart	$1.05B	$270.89M
LSI	Life Storage	$1.02B	$267.71M
NSA	National Storage Affiliates Trust	$858.06M	$193.62M
REXR	Rexford Industrial Realty	$797.83M	$214.10M
STAG	STAG Industrial	$707.84M	$190.74M
EGP	EastGroup Properties	$570.59M	$15.00K
LXP	LXP Industrial Trust	$340.50M	$85.79M
IIPR	Innovative Industrial Properties	$309.51M	$76.53M
PLYM	Plymouth Industrial REIT	$199.85M	$48.69M
SELF	Global 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.