What is Extra Space Storage's MS — land initial cost?

Extra Space Storage (EXR) reported MS — land initial cost of $5.86M in Q4 2025.

How has Extra Space Storage's MS — land initial cost changed year-over-year?

Extra Space Storage's MS — land initial cost decreased by 35.3% year-over-year, from $9.05M to $5.86M.

What does MS — land initial cost mean?

The original purchase price or historical cost basis of the land parcels held within the segment. This represents the foundational investment value before any development or subsequent capital improvements.

Extra Space Storage EXR MS — Land Initial Cost

Other geography segments

$932.77M+2.0%

$701.89M+1.3%

$575.61M-2.0%

$371.35M+8.9%

$311.95M+0.3%

$307.37M+0.8%

$215.26M+5.5%

$199.81M+0.4%

$164.49M+4.6%

$150.08M+1.9%

$123.4M+2.6%

$122.41M+23.9%

$97.95M+4.8%

$71.11M-0.5%

$68.56M0.0%

$66.82M+2.7%

$65.97M+1.7%

$59.77M+3.6%

$58.06M+4.3%

$50.95M0.0%

$49.99M0.0%

$49.4M-7.1%

$43.45M0.0%

$41.49M+39.1%

$38.63M+329%

$33.81M0.0%

$32.25M0.0%

$16.67M0.0%

$15.07M0.0%

$14.39M0.0%

$13.16M0.0%

$9.7M0.0%

$9.28M-7.5%

$6.13M0.0%

$4.05M0.0%

$3.92M0.0%

$2.35M0.0%

$2.19M0.0%

$366K0.0%

Similar metrics at other companies

OHIMS — Real Estate And Accumulated Depreciation Initial Cost Of Land

$8.8M0.0%

LINEMississippi — Initial cost to company, land

$1M0.0%

PSALansing — Initial Cost, Land

$3.29M+60.8%

LINEMichigan — Initial cost to company, land

$6M0.0%

OHIMS — Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements

$191.45M0.0%

LINEMassachusetts — Initial cost to company, land

$24M0.0%

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

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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

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$31.76B-0.4%

Enterprise value$32.39B-0.3%

P/E33.6×+1.0×

P/S9.3×-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:RealEstateAndAccumulatedDepreciationInitialCostOfLand.

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 MS — land initial cost?: Extra Space Storage (EXR) reported MS — land initial cost of $5.86M in Q4 2025.
How has Extra Space Storage's MS — land initial cost changed year-over-year?: Extra Space Storage's MS — land initial cost decreased by 35.3% year-over-year, from $9.05M to $5.86M.
What does MS — land initial cost mean?: The original purchase price or historical cost basis of the land parcels held within the segment. This represents the foundational investment value before any development or subsequent capital improvements.