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

Extra Space Storage (EXR) reported NC — land initial cost of $97.95M in Q4 2025.

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

Extra Space Storage's NC — land initial cost increased by 4.8% year-over-year, from $93.49M to $97.95M.

What does NC — land initial cost mean?

The original purchase price paid for the land parcels located within the specified geographic segment. This represents the historical cost basis of the underlying real estate before any development or improvements.

Extra Space Storage EXR NC — 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%

$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%

$5.86M-35.3%

$4.05M0.0%

$3.92M0.0%

$2.35M0.0%

$2.19M0.0%

$366K0.0%

Similar metrics at other companies

LINENorth Carolina — Initial cost to company, land

$3M0.0%

REGNC — Real Estate And Accumulated Depreciation Initial Cost Of Land

$82.41M0.0%

OHINC — Real Estate And Accumulated Depreciation Initial Cost Of Land

$29.06M0.0%

PSARaleigh — Initial Cost, Land

$94.35M+2.1%

PSACharlotte — Initial Cost, Land

$89.94M0.0%

PSANorfolk — Initial Cost, Land

$48.75M+1.7%

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$30.56B-0.4%

Enterprise value$31.18B-0.3%

P/E32.4×+0.9×

P/S9×-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 NC — land initial cost?: Extra Space Storage (EXR) reported NC — land initial cost of $97.95M in Q4 2025.
How has Extra Space Storage's NC — land initial cost changed year-over-year?: Extra Space Storage's NC — land initial cost increased by 4.8% year-over-year, from $93.49M to $97.95M.
What does NC — land initial cost mean?: The original purchase price paid for the land parcels located within the specified geographic segment. This represents the historical cost basis of the underlying real estate before any development or improvements.