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

Extra Space Storage (EXR) reported OK — land initial cost of $3.92M in Q4 2025.

What does OK — land initial cost mean?

The original purchase price or historical cost basis of land assets acquired within the specified geographic segment. This figure excludes subsequent improvements and provides a baseline for evaluating the historical capital investment in regional land holdings. It is a key component of the total historical cost of real estate assets.

Extra Space Storage EXR OK — 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%

$5.86M-35.3%

$4.05M0.0%

$2.35M0.0%

$2.19M0.0%

$366K0.0%

Similar metrics at other companies

MAY

MAYSReal Estate And Accumulated Depreciation Initial Cost Of Land

$6.07M—

LINEColorado — Initial cost to company, land

$8M0.0%

STRWReal Estate And Accumulated Depreciation Initial Cost Of Land

$72.59M+5.1%

REGIN — Real Estate And Accumulated Depreciation Initial Cost Of Land

$17.02M0.0%

AMHLand

$2.42B+1.5%

AVBLand

$4.99B+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$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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What is Extra Space Storage's OK — land initial cost?: Extra Space Storage (EXR) reported OK — land initial cost of $3.92M in Q4 2025.
What does OK — land initial cost mean?: The original purchase price or historical cost basis of land assets acquired within the specified geographic segment. This figure excludes subsequent improvements and provides a baseline for evaluating the historical capital investment in regional land holdings. It is a key component of the total historical cost of real estate assets.