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

Extra Space Storage (EXR) reported TX — land initial cost of $575.61M in Q4 2025.

How has Extra Space Storage's TX — land initial cost changed year-over-year?

Extra Space Storage's TX — land initial cost decreased by 2.0% year-over-year, from $587.51M to $575.61M.

What does TX — land initial cost mean?

The original purchase price or historical cost basis of land parcels acquired for storage facilities in the Texas segment. This serves as the baseline for asset valuation before subsequent improvements.

Extra Space Storage EXR TX — Land Initial Cost

Other geography segments

$932.77M+2.0%

$701.89M+1.3%

$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%

$3.92M0.0%

$2.35M0.0%

$2.19M0.0%

$366K0.0%

Similar metrics at other companies

LINETexas — Initial cost to company, land

$71M+61.4%

REGTX — Real Estate And Accumulated Depreciation Initial Cost Of Land

$24.97M0.0%

OHITX — Real Estate And Accumulated Depreciation Initial Cost Of Land

$68.42M-9.9%

LINETexas — Initial cost to company, buildings and improvements

$502M+19.2%

PSAAustin — Initial Cost, Land

$73.2M+1.1%

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

$37.17M0.0%

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$30.56B-0.4%

Enterprise value$31.18B-0.3%

P/E32.4×+0.9×

P/S9×-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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Questions, answered.

What is Extra Space Storage's TX — land initial cost?: Extra Space Storage (EXR) reported TX — land initial cost of $575.61M in Q4 2025.
How has Extra Space Storage's TX — land initial cost changed year-over-year?: Extra Space Storage's TX — land initial cost decreased by 2.0% year-over-year, from $587.51M to $575.61M.
What does TX — land initial cost mean?: The original purchase price or historical cost basis of land parcels acquired for storage facilities in the Texas segment. This serves as the baseline for asset valuation before subsequent improvements.