Revenue segments as reported by the company.

Property rental

Tenant reinsurance

Management fees and other income

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

General and administrative

Depreciation and amortization

Gain on real estate transactions

Life Storage Merger transition costs

Impairment of Life Storage trade name

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Extra Space Storage

Extra Space Storage, Inc. is a real estate investment trust. It operates through the following segments: Self-Storage Operations and Tenant Reinsurance. The Self-Storage Operations segment includes rental operations of wholly-owned stores. The Tenant Reinsurance segment includes reinsurance of risks relating to the loss of goods stored by tenants in stores. The company was founded by Kenneth Musser Woolley on April 30, 2004, and is headquartered in Salt Lake City, UT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Extra Space Storage excels in Q4 2022, eyes growth opportunities

Extra Space Storage delivered a robust performance in Q4 2022, driven by revenue growth and strategic acquisitions.
While facing challenges like negative churn rates and softening markets, the company remains focused on sustainable growth.
Opportunities lie in improving churn rates, exploring new strategies, and leveraging market conditions for continued success.

Extra Space Storage (EXR) reports strong Q1 performance and strategic merger with Life Storage for expansive growth

Extra Space Storage's Q1 2023 Earnings Call highlighted robust operational performance, successful external growth initiatives, and a strategic merger with Life Storage. The company surpassed internal projections, maintained high occupancy rates, and reaffirmed guidance ranges, showcasing its resilience and growth potential.

Extra Space Storage adjusts guidance post-merger for growth challenges

Extra Space Storage's Q2 2023 performance reflects resilience in occupancy despite revenue challenges.
The merger with Life Storage presents synergies and growth opportunities but also operational hurdles.
Strategic focus on integration, data-driven pricing, and synergies aims to drive future performance.
Market dynamics and customer behavior pose challenges and opportunities for revenue optimization.

Extra Space Storage reports steady Q3 performance post-merger success

Extra Space Storage's Q3 2023 performance was steady, with a focus on maximizing integration post-merger and achieving synergies.
Despite challenges like expense pressures and housing market dynamics, the company remains confident in its position and growth strategies.
Opportunities lie in leveraging job growth indicators, exploring new growth platforms, and managing insurance expenses for future performance.

Extra Space Storage posts solid Q4 results amidst challenges

Extra Space Storage delivered a solid performance in Q4 2023, focusing on optimizing asset performance and expansion. While facing challenges with new customer rates and expense growth, the company remains optimistic about growth opportunities and market trends. Strategic initiatives like the dual brand strategy and cost management are key focus areas for future success.

Extra Space Storage reports solid Q1 performance amidst market challenges

Extra Space Storage demonstrated strong operational performance and financial stability in Q1 2024, with notable improvements in occupancy and revenue.
While facing challenges such as market headwinds and competitive pricing, the company is well-positioned to leverage growth opportunities through strategic initiatives.
By focusing on efficiency, innovation, and revenue optimization, Extra Space Storage aims to maintain its market position and drive sustainable growth in the self-storage industry.

Extra Space Storage beats FFO projections, faces pricing challenges

Extra Space Storage demonstrated strong operational performance in Q2
Efforts to enhance efficiencies and manage expenses are yielding results
Challenges in pricing power and revenue guidance adjustments noted

Extra Space Storage resilient post-Hurricane Milton, eyes growth opportunities

Extra Space Storage navigated challenges from Hurricane Milton well, maintaining strong performance and seizing growth opportunities. Cost management efficiency and strategic expansions position the company for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

After the decision to buy Life Storage, Extra Space Storage is about to become the biggest self-storage REIT in the United States. The company offers the perfect mix between growth and value, thanks to its superior business model that should allow for outperforming growth in the years ahead.

Why Extra Space Storage Is One Of My Favorite Dividend Stocks

Extra Space Storage (EXR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Extra Space Storage (EXR) Soars 3.7%: Is Further Upside Left in the Stock?

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Growth stocks are well known for their money-making potential. If you add in dividend growth, too, you can compound your earnings.

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Life Storage

Extra Space Storage Inc. (NYSE: EXR) and Life Storage, Inc. (NYSE: LSI) announced that the two companies have entered into a definitive merger agreement by which Extra Space will acquire Life Storage for $12.7 billion. The post Extra Space Storage And Life Storage Merging In $12.7 Billion Deal: Details appeared first on Pulse 2.0.

Extra Space Storage And Life Storage Merging In $12.7 Billion Deal: Details

Extra Space's (EXR) all-stock deal to acquire Life Storage to create the largest storage company in the country.

Extra Space (EXR) to Acquire Life Storage in an All-Stock Deal

Extra Space Storage has swooped in and outbid Public Storage for Life Storage. It will create the largest self-storage REIT.

This Exceptional Dividend Stock Makes a Bold Move to Get Bigger and Better

NEW YORK , April 3, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Life Storage, Inc. (NYSE: LSI) and its board of directors concerning the proposed acquisition of the company by Extra Space Storage Inc. (NYSE: EXR). Stockholders will receive 0.8950 shares of Extra Space Storage common stock for each share of Life Storage stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Life Storage, Inc.

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NEW YORK , April 3, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Heska Corporation (NASDAQ: HSKA)'s  sale to Mars, Incorporated for $120.00 per share. If you are a Heska shareholder, click here to learn more about your rights and options.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HSKA, LSI, EXR, DFFN

Extra Space Storage Inc (NYSE:EXR) is attracting attention today, on news that the real estate investment trust (REIT) is acquiring Life Storage Inc (LSI) for $12.7 billion to become the largest U.S. self-storage space operator by store count.

Extra Space Storage Stock Slides After Billion-Dollar Merger

Extra Space Storage will acquire Life Storage in an all-stock transaction valued at about $12.7 billion creating a storage operator with a total enterprise value of $46 billion and a market capitalization of $36 billion. The companies said in a joint statement that Life Storage shareholders will receive 0.8950 of an Extra Space share for each Life Storage share they own, representing a total consideration of approximately $145.82 per share based on Extra Space's share price close on March 31, 2023.

Extra Space Storage to acquire Life Storage in $12.7B all-stock deal

LifeStorage (NYSE: LSI ) stock is climbing higher on Monday after Extra Space Storage (NYSE: EXR ) agreed to acquire the company. This agreement has Extra Space Storage exchanging its own shares for shares of LifeStorage stock.

LSI Stock Alert: What to Know as Extra Space Storage Acquires LifeStorage

Endeavor Group Holdings

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WWE stock tumbled Monday after UFC parent Endeavor will buy a majority stake. Extra Space Storage sealed a $12.7 billion deal for rival Life Storage The post WWE To Merge With UFC Parent Endeavor; Extra Space Storage Buying Rival For $12.7 Billion appeared first on Investor's Business Daily.

WWE To Merge With UFC Parent Endeavor; Extra Space Storage Buying Rival For $12.7 Billion

The deal forms the largest storage-facility operator in the U.S, by number of locations, overtaking rival Public Storage.

Extra Space Agrees to Buy Life Storage. There's a New Industry Leader.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Extra Space Storage Inc. (NYSE: EXR) and Life Storage, Inc. is fair to Extra Space shareholders. Under the terms of the agreement, Life Storage shareholders will receive 0.8950 of an Extra Space share for each Life Storage share they own. At closing, Extra Space shareholders are expected to own approximately 65% of the combined company.

EXR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Extra Space Storage Inc. Is Fair to Shareholders

Extra Space Storage Inc. EXR, +2.58% said Monday it has agreed to merge with Life Storage Inc. LSI, +2.24% in an all-stock deal with a total enterprise value of about $47 billion. Under the terms of the deal, Salt Lake City, Utah-based Extra Space Storage will pay 0.8950 of its shares for each Life Storage share, equal to about $145.82 per share, based on the stock's closing price on Friday.

Extra Space Storage to acquire Life Storage in all-stock deal with enterprise value of about $47 billion

Creates the largest storage operator and one of the largest REITs in the RMZ SALT LAKE CITY and BUFFALO, N.Y. , April 3, 2023 /PRNewswire/ -- Extra Space Storage Inc. (NYSE: EXR) ("Extra Space") and Life Storage, Inc. (NYSE: LSI) ("Life Storage") announced today that the two companies have entered into a definitive merger agreement by which Extra Space will acquire Life Storage in an all-stock transaction.

Extra Space Storage & Life Storage Combine to Form the Preeminent Storage Operator

The $12.7 billion deal would create the largest storage-facility operator in the U.S. by number of locations.

Extra Space Storage to Combine With Life Storage

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SALT LAKE CITY , March 21, 2023 /PRNewswire/ -- Extra Space Storage Inc. ("Extra Space") (NYSE: EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP (the "operating partnership"), has priced a public offering of $500 million aggregate principal amount of 5.700% senior notes due 2028 (the "Notes"). The Notes were priced at 99.823% of the principal amount and will mature on April 1, 2028.

Extra Space Announces Pricing of $500 Million of 5.700% Senior Notes due 2028

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Capitalizing On Chaos: My Aggressive Move To Buy More Of These 5 Dividend Growth Wonders

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All these stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 8.1% and a median increase of 6.8%.

37 Upcoming Dividend Increases, Including 2 Dividend Kings

Favorable self-storage industry fundamentals, accretive buyouts and a solid balance-sheet position drive Extra Space Storage's (EXR) 11.2% quarter-to-date rise.

Here's Why Extra Space Storage (EXR) Shares Soared 11.2% QTD

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The Dividend Pyramid: Potentially Beat The Market With This 12-Stock Portfolio

News for Extra Space Storage Stock (EXR)