What is Extra Space Storage's MI — gross carrying amount - land?

Extra Space Storage (EXR) reported MI — gross carrying amount - land of $13.16M in Q4 2025.

How has Extra Space Storage's MI — gross carrying amount - land changed year-over-year?

Extra Space Storage's MI — gross carrying amount - land decreased by 0.0% year-over-year, from $13.16M to $13.16M.

What does MI — gross carrying amount - land mean?

The total gross book value of land assets in the Michigan segment, representing the historical cost plus any capitalized adjustments. This figure provides the current accounting basis for land before considering accumulated depreciation.

Extra Space Storage EXR MI — Gross carrying amount - Land

Other geography segments

$932.96M+2.0%

$708.71M+2.6%

$576.02M-2.0%

$372.1M+8.5%

$318.42M+0.3%

$307.36M+0.8%

$214.17M+5.3%

$199.81M+0.4%

$163.9M+4.7%

$150.08M+1.9%

$122.59M+23.9%

$121.75M+1.1%

$97.95M+4.8%

$71.11M-0.5%

$68.56M0.0%

$66.82M+2.7%

$65.97M+2.2%

$59.1M+3.7%

$58.06M+4.3%

$51.02M0.0%

$49.4M-7.1%

$46.52M-8.2%

$43.45M0.0%

$41.49M+39.1%

$38.63M+329%

$33.77M0.0%

$32.25M0.0%

$16.67M0.0%

$15.07M0.0%

$14.39M0.0%

$10.05M-6.9%

$9.7M0.0%

$6.13M0.0%

$5.86M-35.3%

$4.05M0.0%

$3.92M0.0%

$2.35M0.0%

$2.19M0.0%

$366K0.0%

Similar metrics at other companies

LINEMichigan — Gross amount at which carried, land

$8M0.0%

LINEMichigan — Gross amount at which carried, buildings and improvements

$76M-1.3%

OHIMI — Real Estate And Accumulated Depreciation Carrying Amount Of Land

$1.54M-6.1%

PSADetroit — Gross Carrying Amount, Land

$78.48M0.0%

PSALansing — Gross Carrying Amount, Land

$3.29M+60.8%

PSAMiami — Gross Carrying Amount, Land

$285.69M+9.4%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$489.9M+1.8%

CapEx$7.2M-9.2%

Free cash flow$482.6M+1.9%

Valuation

See full

Market cap$31.52B0.0%

Enterprise value$32.15B0.0%

P/E33.4×+1.1×

P/S9.2×-0.3×

Profitability

See full

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:RealEstateAndAccumulatedDepreciationCarryingAmountOfLand.

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 MI — gross carrying amount - land?: Extra Space Storage (EXR) reported MI — gross carrying amount - land of $13.16M in Q4 2025.
How has Extra Space Storage's MI — gross carrying amount - land changed year-over-year?: Extra Space Storage's MI — gross carrying amount - land decreased by 0.0% year-over-year, from $13.16M to $13.16M.
What does MI — gross carrying amount - land mean?: The total gross book value of land assets in the Michigan segment, representing the historical cost plus any capitalized adjustments. This figure provides the current accounting basis for land before considering accumulated depreciation.