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Extra Space Storage's revenue is $3.3 billion.

What is Extra Space Storage's revenue?

Extra Space Storage Inc's annual revenue is $3.3B. Zippia's data science team found the following key financial metrics about Extra Space Storage Inc after extensive research and analysis.
  • Extra Space Storage Inc's revenue growth from 2003 to 2024 is 8,881.83%.
  • Extra Space Storage Inc has 4,048 employees, and the revenue per employee ratio is $804,570.
  • Extra Space Storage Inc's peak quarterly revenue was $824.8M in 2024(q3).
  • Extra Space Storage Inc peak revenue was $3.3B in 2024.
  • Extra Space Storage Inc annual revenue for 2023 was 2.6B, 33.06% growth from 2022.
  • Extra Space Storage Inc annual revenue for 2024 was 3.3B, 27.21% growth from 2023.

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Most recent quarter revenue
$821.9M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$3.3B (2024)
Company peak revenue
Revenue / employee
$804,571
Company revenue / employee

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Most recent quarter revenue
$821.9M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$3.3B (2024)
Company peak revenue
Revenue / employee
$804,571
Company revenue / employee

Extra Space Storage historical revenue

Extra Space Storage Inc's peak revenue was $3.3B in 2024. The peak quarterly revenue was $824.8M in 2024(q3).

Extra Space Storage Inc's revenue increased from $36.3m in 2003 to $3.3B currently. That's a 8,881.83% change in annual revenue.

Extra Space Storage annual revenue

$3B
$3B
$2B
$1B
$651M
$0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024

Extra Space Storage annual revenue over time

Fiscal year / yearExtra Space Storage revenue
2009$280.1M
2010$281.5M
2011$329.8M
2012$409.4M
2013$520.6M
2014$647.2M
2015$782.3M
2016$991.9M
2017$1.1B
2018$1.2B
2019$1.3B
2020$1.4B
2021$1.6B
2022$1.9B
2023$2.6B
2024$3.3B

How accurately did Extra Space Storage's revenue projections match actual performance?

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Extra Space Storage annual growth

Extra Space Storage Inc saw the greatest revenue growth in 2005, when revenue increased by 104.22%.

Extra Space Storage Inc had the lowest revenue growth in 2010, when revenue changed by 0.48%.

Extra Space Storage annual growth rate over time

YearExtra Space Storage growth
2009
3%
2010
0%
2011
17%
2012
24%
2013
27%
2014
24%
2015
21%
2016
27%
2017
11%
2018
8%
2019
9%
2020
4%
2021
16%
2022
22%
2023
33%
2024
27%

Extra Space Storage quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$825M
$660M
$495M
$330M
$165M
$0
2020
2021
2022
2023
2024

Extra Space Storage quarterly growth rate over time

YearQ1Q2Q3Q4
2009$69.2M$69.1M$71.1M$70.7M
2010$67.6M$68.8M$72.0M$73.2M
2011$74.5M$78.0M$84.1M$93.2M
2012$91.0M$95.0M$109.8M$113.7M
2013$119.3M$126.2M$133.1M$141.9M
2014$152.6M$160.7M$169.1M$165.2M
2015$173.2M$185.9M$197.5M$225.8M
2016$229.4M$244.3M$257.2M$261.0M
2017$263.0M$276.0M$284.2M$281.8M
2018$285.5M$296.8M$307.0M$307.4M
2019$311.5M$323.6M$337.5M$335.8M
2020$332.5M$327.2M$343.0M$353.5M
2021$358.9M$378.6M$412.5M$427.4M
2022$443.6M$475.0M$498.9M$506.7M
2023$503.1M$511.4M$748.0M$797.8M
2024$799.5M$810.7M$824.8M$821.9M

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Extra Space Storage financial information

CEOJoseph D. Margolis
Company TypePublic
Employees Number4,048
Date Founded1977
HeadquartersCottonwood Heights, Utah
Number of Locations8
Revenue$1.0B
Net Income$860,688,000
Gross Proft$2.4B (2024)
EBITDA$2.1B (2024)
PE Ratio15.18
Tax Rate0.0%
Market Capitalization$13.0B
Total Assets$12,167,458,000
TickerEXR

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Extra Space Storage financing

Extra Space Storage Inc received early financing of $9.5M on 2014-04-25.

SeriesRound sizeDate
Post Ipo Equity$9.5M04/2014
Post Ipo Equity$13.7M12/2014
Post Ipo Equity$4.8M06/2015
Post Ipo Equity$25.3M10/2015
Post Ipo Equity$55M06/2016
Post Ipo Equity$12.3M11/2016

Extra Space Storage competitors

Extra Space Storage Inc's top competitor, Ventas, earned an annual revenue of $4.9B.

Extra Space Storage Inc's smallest competitor is Storage USA Inc with revenue of $230.0K last year.

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Zippia gives an in-depth look into the details of Extra Space Storage, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Extra Space Storage. The employee data is based on information from people who have self-reported their past or current employments at Extra Space Storage. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Extra Space Storage. The data presented on this page does not represent the view of Extra Space Storage and its employees or that of Zippia.

Extra Space Storage may also be known as or be related to Extra Space Storage, Extra Space Storage Inc and Extra Space Storage Inc.