Extra Space Storage (EXR) Revenue & Revenue Breakdown


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Extra Space Storage Revenue Highlights


Latest Revenue (Y)

$2.56B

Latest Revenue (Q)

$810.66M

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
2024-06-30$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 $810.66M in revenue during Q2 2024, up 1.39% compared to the previous quarter, and up 161.15% 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/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Tenant Reinsurance$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$33.59M
Self Storage Operations$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$290.92M

Extra Space Storage's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Self Storage Operations (89.28%), and Tenant Reinsurance (10.72%).

Extra Space Storage Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PLDPrologis$8.02B$2.01B
PSAPublic Storage$4.52B$1.17B
COLDAmericold Realty Trust$2.67B$664.98M
EXRExtra Space Storage$2.56B$810.66M
CUBECubeSmart$1.05B$266.21M
LSILife Storage$1.02B$267.71M
NSANational Storage Affiliates Trust$858.06M$190.45M
REXRRexford Industrial Realty$797.83M$214.10M
STAGSTAG Industrial$707.84M$189.78M
EGPEastGroup Properties$570.59M$159.09M
LXPLXP Industrial Trust$340.50M$85.79M
IIPRInnovative Industrial Properties$309.51M$79.79M
PLYMPlymouth Industrial REIT$199.85M$48.69M
SELFGlobal Self Storage$12.19M$3.11M

EXR Revenue FAQ


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.

Extra Space Storage'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). The company'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). EXR's quarterly revenue for Q4 2023 was $797.77M, a 6.65% increase from the previous quarter (Q3 2023), and a 57.44% increase year-over-year (Q4 2022).

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%.

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.

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.