Extra Space Storage Inc (EXR) financial statements (2022 and earlier)

Company profile

Business Address 2795 COTTONWOOD PARKWAY, SUITE 400
SALT LAKE CITY, UT 84121
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments711096657564476
Cash and cash equivalents711096657564476
Total current assets:711096657564476
Noncurrent Assets
Finance lease, right-of-use asset118588
Operating lease, right-of-use asset228252265
Property, plant and equipment2,1481,9521,936   11
Long-term investments and receivables100100100109120120120
Due from related parties100100100109120120120
Intangible assets, net (including goodwill)(131)(129)(128)(121)(112) 2
Intangible assets, net (excluding goodwill)(131)(129)(128)(121)(112) 2
Total noncurrent assets:2,4632,2332,181(13)8120133
Other undisclosed assets7,9407,0546,2867,8037,3926,9275,862
TOTAL ASSETS:10,4749,3968,5327,8487,4557,0916,071
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities6,6896,4605,6115,0634,7314,4953,699
Total liabilities:6,6896,4605,6115,0634,7314,4953,699
Stockholders' equity
Stockholders' equity attributable to parent3,1162,5482,5402,4142,3512,2452,089
Common stock1111111
Additional paid in capital3,2863,0002,8692,6412,5692,5662,432
Accumulated other comprehensive income (loss)(43)(99)(29)353317(6)
Accumulated deficit(128)(355)(301)(263)(253)(339)(338)
Stockholders' equity attributable to noncontrolling interest669388382372373351284
Total stockholders' equity:3,7862,9362,9222,7852,7242,5962,373
TOTAL LIABILITIES AND EQUITY:10,4749,3968,5327,8487,4557,0916,071

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues1,5771,3561,3081,1971,105992782
Revenue, net1,105992782
Operating leases, income statement, lease revenue1,039
Cost of revenue(369)(361)(336)(292)(272)(250)(204)
Gross profit:1,209996972905833742578
Operating expenses(344)(321)(89)(81)(79)(82)(68)
Other undisclosed operating income (loss)111(8)(248)(204)(212)(210)(216)
Operating income:976666635620542450295
Nonoperating income
(Investment Income, Nonoperating)
501575463
Interest and debt expense(3)(9)(12)(178)(154)(133)(96)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (163)(179)(5)11183
Income from continuing operations before equity method investments, income taxes:1,023509451442503331205
Income from equity method investments  1114151312
Other undisclosed loss from continuing operations before income taxes(163)      
Income from continuing operations before income taxes:859509462456518344218
Income tax expense(20)(14)(11)(9)(4)(16)(11)
Income before gain (loss) on sale of properties:839495451447514328207
Other undisclosed net income3922   693
Net income:878518451447514397210
Net loss attributable to noncontrolling interest(15)(13)(12)(14)(15)(15)(12)
Other undisclosed net loss attributable to parent(35)(23)(19)(18)(20)(16)(8)
Net income attributable to parent:828482420415479366189
Undistributed earnings (loss) allocated to participating securities, basic(1)(1)(1)(1)(1)
Other undisclosed net loss available to common stockholders, basic     (1)(1)
Net income available to common stockholders, basic:826481419415478365189
Other undisclosed net income available to common stockholders, diluted41 222127110
Net income available to common stockholders, diluted:867481441436505366199

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:878518451447514397210
Other comprehensive income (loss)59(74)(67)11725(5)
Comprehensive income:937444384449532422205
Comprehensive loss, net of tax, attributable to noncontrolling interest(53)(32)(28)(32)(36)(32)(20)
Comprehensive income, net of tax, attributable to parent:884412356417496389185

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: