Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Extra Space Storage's retained earnings for the quarter that ended in Mar. 2026 was MXN-27,994 Mil.
Extra Space Storage's quarterly retained earnings
declined
from Sep. 2025 (MXN-22,990 Mil) to Dec. 2025 (MXN-26,093 Mil) and
declined
from Dec. 2025 (MXN-26,093 Mil) to Mar. 2026 (MXN-27,994 Mil).
Extra Space Storage's annual retained earnings
declined
from Dec. 2023 (MXN-6,433 Mil) to Dec. 2024 (MXN-18,756 Mil) and
declined
from Dec. 2024 (MXN-18,756 Mil) to Dec. 2025 (MXN-26,093 Mil).
Extra Space Storage (MEX:EXR) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Extra Space Storage Retained Earnings Historical Data
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The historical data trend for Extra Space Storage's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of MXN-27,994 Mil mean?
Extra Space Storage (MEX:EXR) has a Retained Earnings of MXN-27,994 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Extra Space Storage and its competitors.
Is Extra Space Storage's Retained Earnings too high?
Extra Space Storage's current Retained Earnings is MXN-27,994 Mil. Overall, Extra Space Storage has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Extra Space Storage's Retained Earnings compare to EGP and LINE?
Extra Space Storage's Retained Earnings of MXN-27,994 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a REITs company?
A good Retained Earnings depends on the REITs industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Extra Space Storage and its competitors. Extra Space Storage's current Retained Earnings is MXN-27,994 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extra Space Storage stock overvalued right now?
Extra Space Storage (MEX:EXR) has a current Retained Earnings of MXN-27,994 Mil. The stock's GF Value™ is MXN2,896.49, compared to a current price of MXN2,608.00 — trading 10% below its estimated fair value. The current Retained Earnings is MXN-27,994 Mil. Extra Space Storage's overall GF Score™ is 93/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Extra Space Storage (MEX:EXR), the current Retained Earnings is MXN-27,994 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Extra Space Storage (MEX:EXR) Overvalued in 2026?
Based on GuruFocus' analysis, Extra Space Storage stock appears to be undervalued.
The current stock price of MXN2,608.00 is trading 10% below its estimated GF Value™ of MXN2,896.49.
Key valuation signals for MEX:EXR:
Retained Earnings: MXN-27,994 Mil
GF Value™: MXN2,896.49 vs. price of MXN2,608.00 (10% below fair value)
No single metric tells the full story. See the MEX:EXR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 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.
93GF Score
Get the complete analysis for MEX:EXR
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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