What is Extra Space Storage's OK — accumulated depreciation?

Extra Space Storage (EXR) reported OK — accumulated depreciation of $1.98M in Q4 2025.

What does OK — accumulated depreciation mean?

The cumulative amount of depreciation recorded against the buildings and improvements within the specified geographic segment since their acquisition or construction. This metric reflects the aging of the physical asset base and the systematic allocation of costs over time. It is essential for determining the net book value of the regional real estate portfolio.

Extra Space Storage EXR OK — Accumulated Depreciation

Other geography segments

$577.86M+15.2%

$404.48M+25.2%

$352.05M+23.1%

$276.65M+14.2%

$193.08M+22.6%

$177.66M+26.9%

$177.42M+16.5%

$158.55M+13.0%

$145.06M+28.7%

$139.94M+12.0%

$76.69M+27.8%

$69.48M+21.0%

$63.96M+33.7%

$63.4M+21.5%

$62.7M+30.8%

$54.05M+10.5%

$52.49M+19.1%

$49.31M+39.4%

$47.46M+31.4%

$45.32M+15.8%

$38.95M+36.7%

$38.38M+34.1%

$34.67M+44.4%

$29.88M+24.2%

$27.33M+11.1%

$22.08M+13.4%

$18.6M+9.5%

$18.42M+18.7%

$18.06M+12.3%

$16.02M+29.7%

$15.68M+52.4%

$14.3M+18.0%

$8.77M+11.4%

$7.61M+25.9%

$5.52M+72.8%

$4.96M+11.9%

$2.13M+44.8%

$1.78M+6.7%

$1.61M+128%

Similar metrics at other companies

WPCAccumulated Depreciation

$3.57B+6.1%

AEIAccumulated Depreciation — Rental Properties

$4.5M+6.4%

AIGAccumulated Depreciation

$143M-12.8%

MAY

MAYSReal Estate Accumulated Depreciation

$39.57M+4.5%

STRWReal Estate Accumulated Depreciation

$282.06M+13.5%

FRM

FRMIReal Estate Accumulated Depreciation

$0—

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$30.7B+2.1%

Enterprise value$31.32B+2.1%

P/E32.5×+1.7×

P/S9×-0.1×

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:RealEstateAccumulatedDepreciation.

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 OK — accumulated depreciation?: Extra Space Storage (EXR) reported OK — accumulated depreciation of $1.98M in Q4 2025.
What does OK — accumulated depreciation mean?: The cumulative amount of depreciation recorded against the buildings and improvements within the specified geographic segment since their acquisition or construction. This metric reflects the aging of the physical asset base and the systematic allocation of costs over time. It is essential for determining the net book value of the regional real estate portfolio.