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Extra Space Storage EXR Self-Storage Operations — Repairs and maintenance

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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$31.52B-0.5%
Enterprise value$32.15B-0.5%
P/E33.4×+0.9×
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 exr:RepairsAndMaintenanceExpense.

The official record: Extra Space Storage’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Extra Space Storage's self-storage operations — repairs and maintenance?
Extra Space Storage (EXR) reported self-storage operations — repairs and maintenance of $17.97M in Q1 2026.
How has Extra Space Storage's self-storage operations — repairs and maintenance changed year-over-year?
Extra Space Storage's self-storage operations — repairs and maintenance increased by 10.5% year-over-year, from $16.26M to $17.97M.
What is the long-term trend for Extra Space Storage's self-storage operations — repairs and maintenance?
Over 3 years (2022 to 2025), Extra Space Storage's self-storage operations — repairs and maintenance has grown at a 30.0% compound annual growth rate (CAGR), from $27.83M to $61.21M.
What does self-storage operations — repairs and maintenance mean?
This represents the costs incurred to keep the storage facilities in good working order, including routine repairs and preventative maintenance. It is essential for preserving the asset value and ensuring a high-quality customer experience.