What is Extra Space Storage's ME — accumulated depreciation?

Extra Space Storage (EXR) reported ME — accumulated depreciation of $5.52M in Q4 2025.

What does ME — accumulated depreciation mean?

The total cumulative depreciation expense recognized against the buildings and improvements within the segment since their acquisition. This metric reduces the gross carrying amount to arrive at the net book value of the assets. It reflects the aging of the physical portfolio and the systematic allocation of asset costs over time.

Extra Space Storage EXR ME — Accumulated Depreciation

Other geography segments

$577.86M+15.2%

$404.48M+25.2%

$352.05M+23.1%

$276.65M+14.2%

$193.08M+22.6%

$177.66M+26.9%

$177.42M+16.5%

$158.55M+13.0%

$145.06M+28.7%

$139.94M+12.0%

$76.69M+27.8%

$69.48M+21.0%

$63.96M+33.7%

$63.4M+21.5%

$62.7M+30.8%

$54.05M+10.5%

$52.49M+19.1%

$49.31M+39.4%

$47.46M+31.4%

$45.32M+15.8%

$38.95M+36.7%

$38.38M+34.1%

$34.67M+44.4%

$29.88M+24.2%

$27.33M+11.1%

$22.08M+13.4%

$18.6M+9.5%

$18.42M+18.7%

$18.06M+12.3%

$16.02M+29.7%

$15.68M+52.4%

$14.3M+18.0%

$8.77M+11.4%

$7.61M+25.9%

$4.96M+11.9%

$2.13M+44.8%

$1.98M+66.0%

$1.78M+6.7%

$1.61M+128%

Similar metrics at other companies

OHIMT — Real Estate Accumulated Depreciation

$5.01M+8.8%

OHIMI — Real Estate Accumulated Depreciation

$2.17M+147%

NBBuilding — Accumulated Depreciation Depletion And Amortization Property Plant And Equipment

$14K+27.3%

OMachinery — Accumulated Depreciation

$13.38M—

REGMA — Real Estate Accumulated Depreciation

$24.82M+4.9%

OHIMS — Real Estate Accumulated Depreciation

$66.6M+13.1%

Other financials

Income statement

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Revenue$856.0M+4.4%

Gross profit$617.7M+3.6%

Operating income$367.6M-5.4%

Net income$241.0M-11.0%

EPS (diluted)$1.14-10.9%

Balance sheet

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Cash & equivalents$143.4M+16.5%

Total debt$769.7M+9.2%

Total equity$13.3B-4.0%

Total assets$29.1B+0.4%

Cash flow

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Operating cash flow$489.9M+1.8%

CapEx$7.2M-9.2%

Free cash flow$482.6M+1.9%

Valuation

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Market cap$30.7B+2.1%

Enterprise value$31.32B+2.1%

P/E32.5×+1.7×

P/S9×-0.1×

Profitability

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Gross margin72.7%-1.4pp

Operating margin40.8%-1.2pp

Net margin27.7%-0.2pp

FCF margin54.4%-3.2pp

Returns & leverage

See full

Return on equity6.9%+0.5pp

Debt / equity0.1×0.0×

Where this comes from

Reported directly by Extra Space Storage in its filing.

Tagged under the XBRL concept us-gaap:RealEstateAccumulatedDepreciation.

The official record: Extra Space Storage’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Extra Space Storage's ME — accumulated depreciation?: Extra Space Storage (EXR) reported ME — accumulated depreciation of $5.52M in Q4 2025.
What does ME — accumulated depreciation mean?: The total cumulative depreciation expense recognized against the buildings and improvements within the segment since their acquisition. This metric reduces the gross carrying amount to arrive at the net book value of the assets. It reflects the aging of the physical portfolio and the systematic allocation of asset costs over time.