What is Extra Space Storage's NC — debt?

Extra Space Storage (EXR) reported NC — debt of $0 in Q4 2025.

What does NC — debt mean?

The total outstanding financial obligations specifically allocated to the properties or operations within the defined geographic segment. It represents the leverage utilized to finance the acquisition or development of assets in this specific area.

Extra Space Storage EXR NC — Debt

Other geography segments

$205.37M+1.3%

$196.26M+29.2%

$78.64M-0.1%

$72.64M+17.9%

$65.37M+1,921%

$60.58M-14.8%

$46.81M-40.6%

$45.28M+3.8%

$35.85M+126%

$33.8M+114%

$32.76M+106%

$31.39M+13.8%

$30.34M0.0%

$26.92M-30.6%

$20.51M-7.2%

$17.02M-43.4%

$16.48M-32.9%

$14.49M-37.8%

$10.14M-2.4%

$8.37M-67.6%

$7.38M-25.6%

$6.85M-4.9%

$5.96M-3.6%

$5.69M0.0%

$4.58M-3.2%

$3.46M-3.6%

$0—

$0-100%

$0—

Similar metrics at other companies

RITMCommercial Real Estate — Debt

$3.96B—

FSPUnsecured debt

$125.56M+0.9%

TSLADebt and finance leases, net of current portion

$7.78B+47.1%

IIPRUnsecured debt

$290.98M+0.5%

RUNNon-recourse debt, net of current portion

$13.88B+11.2%

RITMInvestment Portfolio — Debt

$5.1B+19.9%

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$30.7B-0.7%

Enterprise value$31.32B-0.6%

P/E32.5×+0.9×

P/S9×-0.4×

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 srt:RealEstateAndAccumulatedDepreciationAmountOfEncumbrances.

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 NC — debt?: Extra Space Storage (EXR) reported NC — debt of $0 in Q4 2025.
What does NC — debt mean?: The total outstanding financial obligations specifically allocated to the properties or operations within the defined geographic segment. It represents the leverage utilized to finance the acquisition or development of assets in this specific area.