Extra Space Storage
Extra Space Storage Inc. (NYSE: EXR) operates as a fully integrated, self-administered and self-managed real estate investment trust focused on the self-storage industry. The company's website is www.extraspace.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Extra Space Storage does
In the company’s own words
Extra Space Storage Inc. (NYSE: EXR) operates as a fully integrated, self-administered and self-managed real estate investment trust focused on the self-storage industry. The company's website is www.extraspace.com.
Extra Space Storage is the largest self-storage operator in the United States, with a portfolio comprising 4,281 stores across 43 states and Washington, D.C., representing approximately 330.4 million square feet of net rentable space in approximately 2.9 million units as of December 31, 2025. The company owns, operates, manages, provides lending for, acquires, develops and redevelops self-storage properties that offer month-to-month rental of storage space for personal or business use.
The company operates through two reportable segments: self-storage operations and tenant reinsurance. Self-storage operations represent the primary business, generating revenue through rental operations of wholly-owned stores. The tenant reinsurance segment provides reinsurance of risks relating to loss of goods stored by tenants, with customers purchasing insurance from non-affiliated insurance companies that are fully reinsured by the company's wholly-owned subsidiary.
Beyond core storage operations, Extra Space generates revenue through management services for third-party owners, operating 1,856 managed stores as of year-end 2025. The company also operates a bridge lending program providing financing to third-party self-storage owners for operating properties, with total bridge loans receivable of $1.5 billion. Additionally, the company holds investments in preferred stock of other self-storage companies.
Extra Space maintains approximately 8,393 employees and emphasizes human capital development through competitive compensation, health and wellness programs, formal training initiatives and inclusive workplace culture. The company's average occupancy for its same-store pool in 2025 was 93.7%, reflecting strong operational performance in a mature industry characterized by seasonal fluctuations and consolidation trends.
The company was formed in 2004 to continue the self-storage business dating to 1977 and completed its initial public offering in August 2004. Extra Space competes against other public self-storage REITs including CubeSmart, National Storage Affiliates and Public Storage, while also competing with numerous small, local operators in fragmented markets.
Company details
- Sector
- Real Estate
- Industry (SIC)
- REITs
- Headquarters
- SALT LAKE CITY, UT
- Fiscal year end
- December
- CIK
- 1289490
- SIC
- 6798
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Extra Space Storage — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Extra Space Storage’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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