To the full analysis
Extra Space Storage stock: growth
EXRExtra Space Storage reported $3.38B in revenue for fiscal 2025, up 1.2% on the prior year, up 19.6% a year on average over up to five years.
Daily figure as of 12 Nov 2026
Revenue (Annual rate)
16.1%
per year from 2006 to 2025, per share 8.2%
Earnings (Annual rate)
24.6%
per year from 2006 to 2025, per share 16.1%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 19.6% | 15.6% | 16.1% |
| Revenue per share | 8.4% | 9.2% | 8.2% |
| Earnings | 15.1% | 17.8% | 24.6% |
| Earnings per share | 4.3% | 11.3% | 16.1% |
| Free cash flow | 19.1% | 17.7% | no data |
| Free cash flow per share | 7.9% | 11.1% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $197.26M | $14.88M | −$133.9M |
| 2007 | $238.87M | $36.09M | $100.26M |
| 2008 | $273.25M | $46.89M | $96.05M |
| 2009 | $280.48M | $31.98M | $41.83M |
| 2010 | $281.5M | $26.33M | $102.87M |
| 2011 | $329.83M | $50.45M | $139.15M |
| 2012 | $420.26M | $117.31M | $212.51M |
| 2013 | $532.27M | $172.08M | $264.74M |
| 2014 | $657.7M | $178.36M | $332.75M |
| 2015 | $794.62M | $189.47M | $359.95M |
| 2016 | $1B | $366.13M | $534.3M |
| 2017 | $1.12B | $479.01M | $589.56M |
| 2018 | $1.21B | $415.29M | $673.5M |
| 2019 | $1.32B | $419.97M | $699.92M |
| 2020 | $1.38B | $481.78M | $764.14M |
| 2021 | $1.61B | $827.65M | $948.78M |
| 2022 | $1.97B | $860.69M | $1.22B |
| 2023 | $2.62B | $803.2M | $1.39B |
| 2024 | $3.34B | $854.68M | $1.87B |
| 2025 | $3.38B | $974M | $1.83B |
Revenue by segment
How Extra Space Storage Inc. makes its money and how that has shifted. Names are as the company reports them.
- Self Storage Operations86%
- Tenant Reinsurance10%
- Other4%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Self Storage Operations | $967.23M | $1.04B | $1.13B | $1.16B | $1.34B | $1.65B | $2.22B | $2.8B | $2.9B | 85.7% |
| Tenant Reinsurance | $98.4M | $115.51M | $128.39M | $146.56M | $170.11M | $185.53M | $235.68M | $332.8M | $352.88M | 10.4% |
| Other | $54.71M | $56.21M | $61.16M | $74.49M | $98.62M | $125.33M | $156.82M | $201.86M | $129.48M | 3.8% |
| Total revenue | $1.12B | $1.21B | $1.32B | $1.38B | $1.61B | $1.97B | $2.62B | $3.34B | $3.38B | 100% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 30 Apr 2022)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.