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Extra Space Storage (Extra Space Storage) Revenue : $2,560 Mil (TTM As of Dec. 2023)


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What is Extra Space Storage Revenue?

Extra Space Storage's revenue for the three months ended in Dec. 2023 was $798 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $2,560 Mil. Extra Space Storage's Revenue per Share for the three months ended in Dec. 2023 was $3.77. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $14.68.

Good Sign:

Extra Space Storage Inc has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Extra Space Storage was 11.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 13.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 11.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 11.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Extra Space Storage's highest 3-Year average Revenue per Share Growth Rate was 19.60% per year. The lowest was -27.30% per year. And the median was 8.05% per year.


Extra Space Storage Revenue Historical Data

The historical data trend for Extra Space Storage's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Extra Space Storage Revenue Chart

Extra Space Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,308.45 1,356.21 1,577.36 1,924.17 2,560.24

Extra Space Storage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 506.72 503.05 511.39 748.03 797.77

Competitive Comparison of Extra Space Storage's Revenue

For the REIT - Industrial subindustry, Extra Space Storage's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Extra Space Storage's Revenue Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Extra Space Storage's Revenue distribution charts can be found below:

* The bar in red indicates where Extra Space Storage's Revenue falls into.



Extra Space Storage Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,560 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Extra Space Storage  (NYSE:EXR) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Extra Space Storage Revenue Related Terms

Thank you for viewing the detailed overview of Extra Space Storage's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Extra Space Storage (Extra Space Storage) Business Description

Traded in Other Exchanges
Address
2795 East Cottonwood Parkway, Suite 300, Salt Lake City, UT, USA, 84121
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages almost 2,400 self-storage properties in 41 states, with over 180 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
Executives
Joseph Saffire director 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Joseph D Margolis director C/O ARSENAL REAL ESTATE FUNDS, 117 ON THE GREEN, 67 PARK PLACE EAST, MORRISTOWN NJ 07960
Joseph J Bonner director 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Mark G Barberio director 19 WIK STREET, WILLIAMSVILLE NY 14221
Sue Harnett director P.O. BOX 195115, SAN JUAN PR 00919-5115
Jennifer Blouin director 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Matthew T Herrington officer: EVP & COO 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Gwyn Goodson Mcneal officer: EVP/Chief Legal Officer 2795 E COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
Samrat Sondhi officer: SVP Operations 2795 E COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
Jefferson Scott Shreve director 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121
Kenneth M. Woolley director 2795 EAST COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
P Scott Stubbs officer: Senior VP Accounting 2795 EAST COTTONWOOD PARKWAY, SALT LAKE CITY UT 84121
Diane Olmstead director 2795 E COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
Spencer Kirk director, officer: Chief Executive Officer 2795 EAST COTTONWOOD PARKWAY, SUITE 400, SALT LAKE CITY UT 84121
William N Springer officer: EVP, Assets & 3rd Party Mgmt 2795 E COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY UT 84121

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