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Extra Space Storage EXR NM — Gross carrying amount - Land

Other geography segments

CA
$932.96M+2.0%
FL
$708.71M+2.6%
TX
$576.02M-2.0%
NY
$372.1M+8.5%
NJ
$318.42M+0.3%
GA
$307.36M+0.8%
IL
$214.17M+5.3%
VA
$199.81M+0.4%
MD
$163.9M+4.7%
AZ
$150.08M+1.9%
NV
$122.59M+23.9%
MA
$121.75M+1.1%
NC
$97.95M+4.8%
OH
$71.11M-0.5%
WA
$68.56M0.0%
SC
$66.82M+2.7%
IN
$65.97M+2.2%
PA
$59.1M+3.7%
TN
$58.06M+4.3%
NH
$51.02M0.0%
AL
$49.4M-7.1%
CO
$46.52M-8.2%
CT
$43.45M0.0%
HI
$41.49M+39.1%
UT
$38.63M+329%
MO
$33.77M0.0%
LA
$16.67M0.0%
OR
$15.07M0.0%
DC
$14.39M0.0%
MI
$13.16M0.0%
KY
$10.05M-6.9%
MN
$9.7M0.0%
RI
$6.13M0.0%
MS
$5.86M-35.3%
ID
$4.05M0.0%
OK
$3.92M0.0%
ME
$2.35M0.0%
WI
$2.19M0.0%
KS
$366K0.0%

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$14.92M+4.6%
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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$31.52B0.0%
Enterprise value$32.15B0.0%
P/E33.4×+1.1×
P/S9.2×-0.3×

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

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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 NM — gross carrying amount - land?
Extra Space Storage (EXR) reported NM — gross carrying amount - land of $32.25M in Q4 2025.
How has Extra Space Storage's NM — gross carrying amount - land changed year-over-year?
Extra Space Storage's NM — gross carrying amount - land decreased by 0.0% year-over-year, from $32.25M to $32.25M.
What does NM — gross carrying amount - land mean?
The total gross book value of land assets within the segment, representing the initial cost plus any subsequent capitalized adjustments. This figure provides the total historical investment value of the land before any depreciation.