Earnings Summary

Extra Space Storage Inc.’s revenue jumped 7.66% since last year same period to $511.39Mn in the Q2 2023. On a quarterly growth basis, Extra Space Storage Inc. has generated 1.66% jump in its revenue since last 3-months.

Extra Space Storage Inc.’s net profit fell -12.8% since last year same period to $202.41Mn in the Q2 2023. On a quarterly growth basis, Extra Space Storage Inc. has generated 3.11% jump in its net profits since last 3-months.

Extra Space Storage Inc.’s net profit margin fell -19.01% since last year same period to 39.58% in the Q2 2023. On a quarterly growth basis, Extra Space Storage Inc. has generated 1.43% jump in its net profit margins since last 3-months.

Extra Space Storage Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.48 - a -6.92% fall from last quarter’s estimates.

Extra Space Storage Inc.’s earning per share (EPS) estimates for the current year stand at 1.48.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Extra Space Storage Inc.’s return on assets (ROA) stands at 0.06.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Extra Space Storage Inc.’s return on equity (ROE) stands at 0.22.

Extra Space Storage Inc. declared 1.62 dividend per share during the earnings announcement for Q1 2023.