What does OR — building and improvements initial cost mean?

This metric tracks the initial capital expenditure required to construct or acquire the buildings and physical infrastructure within the geographic segment. It represents the historical cost basis of the structures before any subsequent capital improvements.

Extra Space Storage EXR OR — Building and Improvements Initial Cost

Other geography segments

$2.99B-0.7%

$2.75B-1.4%

$2.36B+3.4%

$1.28B+6.5%

$1.21B+1.0%

$1.12B+3.2%

$1.1B+1.4%

$852.46M+1.1%

$601.22M+5.9%

$574.88M+3.1%

$559.04M+2.2%

$551.04M+15.4%

$516.92M+1.6%

$470.79M+4.4%

$390.42M+1.3%

$386.99M+8.6%

$382.04M-1.6%

$373.63M0.0%

$364.79M-5.0%

$357.85M0.0%

$280.26M+8.1%

$195.72M0.0%

$192.5M0.0%

$188.95M0.0%

$188.81M+17.3%

$126.6M0.0%

$125.42M+219%

$89.88M0.0%

$86.34M0.0%

$81.11M-8.2%

$74.96M0.0%

$72.56M0.0%

$59.03M-28.1%

$55.03M0.0%

$31.27M0.0%

$28.53M0.0%

$25.24M0.0%

$18.17M0.0%

$1.9M0.0%

Similar metrics at other companies

REGOR — Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements

$30.17M0.0%

OHIOR — Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements

$128.8M0.0%

LINEOregon — Initial cost to company, buildings and improvements

$226M0.0%

OHIOH — Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements

$332.61M0.0%

REGOH — Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements

$39.91M0.0%

OHIOK — Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements

$11.19M0.0%

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:RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements.

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 OR — building and improvements initial cost?: Extra Space Storage (EXR) reported OR — building and improvements initial cost of $68.04M in Q4 2025.
How has Extra Space Storage's OR — building and improvements initial cost changed year-over-year?: Extra Space Storage's OR — building and improvements initial cost decreased by 0.0% year-over-year, from $68.04M to $68.04M.
What does OR — building and improvements initial cost mean?: This metric tracks the initial capital expenditure required to construct or acquire the buildings and physical infrastructure within the geographic segment. It represents the historical cost basis of the structures before any subsequent capital improvements.