Extra Space Storage Inc
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Joseph D. Margolis
- Full Time Employees
- 8,393
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 2795 East Cottonwood Parkway Salt Lake City UT United States 84121-7033
- IPO Date
- Aug 12, 2004
- CIK
- 0001289490
- Website
- extraspace.com
- Similar Companies
- Business
- Extra Space Storage Inc. (NYSE: EXR), headquartered in Salt Lake City, Utah, and founded in 1977, operates as a self-administered and self-managed real estate investment trust (REIT) and member of the S&P 500, ranking as the largest owner and operator of self-storage properties in the United States; as of June 30, 2025, the company owns and/or operates 4,179 self-storage stores across 43 states and Washington, D.C., encompassing approximately 2.9 million units and 321.5 million square feet of rentable space under the Extra Space Storage brand. It provides a broad array of storage solutions to individual and business customers, including personal self-storage units in various sizes from small closet-sized to large garage-sized options with climate-controlled, drive-up access, and 24-hour availability features; business storage for inventory, records, and equipment with flexible lease terms, package acceptance, and customized solutions; vehicle storage encompassing enclosed garage-style parking, outdoor covered or uncovered spaces for boats and RVs; moving supplies such as boxes, tape, bubble wrap, and locks; tenant insurance protecting against loss or damage from theft, fire, or water; and truck rental partnerships for convenient transportation. The company serves diverse markets including residential movers, downsizers, declutterers, small businesses, retailers, and enterprises, with operations emphasizing secure, clean facilities supported by advanced technology for online reservations, payments, Bluetooth gate access, and dynamic revenue management. In recent developments, Extra Space Storage completed its transformative merger with Life Storage in 2023, an all-stock transaction that expanded its portfolio to over 3,500 locations initially and solidified its position as the top self-storage operator by store count and square footage, generating significant synergies in general and administrative expenses, property operations, and tenant insurance income; the company surpassed 4,000 stores nationwide by early 2025 through ongoing acquisition initiatives, including 55 operating facilities and three certificate-of-occupancy stores for $581 million in direct investments plus joint venture acquisitions totaling $360 million in 2024, alongside increased ownership in existing ventures; earlier milestones include the 2015 internalization of its management platform for enhanced operational control and revenue optimization, as well as prior acquisitions like Storage USA in 2005 and SmartStop Self Storage in 2013 that bolstered its national footprint and third-party management capabilities.
Company News
Extra Space Storage Inc. (EXR) Q3 2026 Earnings Call Transcript
Extra Space Storage Q3 Earnings Call Highlights
EXR's Q3 Core FFO Improves on Strong Same-Store NOI, Outlook Raised
3 Self-Storage REITs With Steady Rent Checks and Very Different Dividend Risks
Extra Space Storage: Better Results, Still Not A Buy
Extra Space Storage (EXR) Reports Q3 Earnings: What Key Metrics Have to Say
Extra Space Storage (EXR) Beats Q3 FFO and Revenue Estimates
Extra Space Storage Inc. Reports 2026 Third Quarter Results
Extra Space Storage Stock Pre-Q3 Earnings: Smart Buy or Risky Move?
APLE vs. EXR: Which Stock Is the Better Value Option?
Reviewing Mobile Infrastructure (NASDAQ:BEEP) & Extra Space Storage (NYSE:EXR)
What To Watch This REIT Earnings Season
AI Reality Check, Inflation Stress Test
Self Storage REITs Are Collecting Rent From Americans Who Cannot Let Go
Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 3rd Quarter Results
Key Reasons to Add Extra Space Storage Stock to Your Portfolio Now
The REIT Conundrum
Extra Space Storage: A Great REIT At The Wrong Time
What Makes Extra Space Storage (EXR) a New Buy Stock
Extra Space Storage Inc $EXR Shares Acquired by Squarepoint Ops LLC