# EXTRA SPACE STORAGE INC. (EXR) · Edgar & Edgarette company card

> Extra Space Storage (EXR) grew revenue 3.7% in FY2025 to $3.4 billion, operating margin 41.8% against a 24.7% median for real estate investment trusts, equity 45.9% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1289490 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/EXR) · [JSON](https://www.pops4.com/boards/company/EXR.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $3.4B |
| Revenue growth, 1 year | 3.7% |
| Revenue growth per year | 21.0% |
| Operating margin | 41.8% (prior year 40.6%) |
| Net margin | 30.3% |
| Operating cash flow | $1.9B |
| Capital spending | $562M |
| Free cash flow | $1.3B |
| Cash | $139M |
| Long-term debt | — |
| Total assets | $29.3B |
| Total equity | $13.4B |
| Equity ÷ assets | 45.9% |
| Return on equity | 7.6% |
| Dividend per share | $6.48 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Piotroski F: 7 of 9 (solid)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $3.4B (FY2025). Experience: revenue up 3.7% on the year, up 21.0% a year over 4 years; operating margin 41.8%, up from 40.6%. Soundness: equity 45.9% of assets, return on equity 7.6%, payout 134.4% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $3.2B and $4.3B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.9B to $4.7B. A statistical range, not company guidance. Against peers (79 filers, $50M+ revenue, real estate investment trusts): operating margin 41.8% against a 24.7% median; growth 3.7% against 3.7%.

Range logged 2026-09-26, receipt 09688d67073af829, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-08-24 ([filing](https://www.sec.gov/Archives/edgar/data/1289490/000128949026000058/0001289490-26-000058-index.htm))

## Recent filings

- 10-Q · filed 2026-10-30 · [filing](https://www.sec.gov/Archives/edgar/data/1289490/000128949026000065/0001289490-26-000065-index.htm)
- 8-K · filed 2026-10-27 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1289490/000128949026000061/0001289490-26-000061-index.htm)
- 8-K · filed 2026-08-24 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1289490/000128949026000058/0001289490-26-000058-index.htm)
- 10-Q · filed 2026-07-31 · [filing](https://www.sec.gov/Archives/edgar/data/1289490/000128949026000053/0001289490-26-000053-index.htm)
- 8-K · filed 2026-07-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1289490/000128949026000048/0001289490-26-000048-index.htm)
- 8-K · filed 2026-07-06 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1289490/000119312526296159/0001193125-26-296159-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001289490.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1289490

## Cite

POPS4, Edgar & Edgarette: EXTRA SPACE STORAGE INC. (EXR) company card, from the company's own SEC filings, accessed 2026-11-10, https://www.pops4.com/boards/company/EXR. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.