Extra Space Storage Cash Flow Statement
NYSE: EXRReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Extra Space Storage free cash flow
In fiscal 2025, Extra Space Storage generated $1.85 billion of operating cash flow and spent $561.7 million on capital expenditures. That left free cash flow of $1.29 billion, a free-cash-flow margin of 38.1% of revenue. Free cash flow was down 8.5% from the prior year's $1.41 billion.
Extra Space Storage returned $1.52 billion to shareholders: $1.37 billion in dividends and $149.5 million in share repurchases, equal to 118% of free cash flow. Free cash flow covered dividend payments 0.9 times.
Summary generated from market data by MetaCap's automated system. Methodology
Extra Space Storage cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.02B | 900.23M | 850.45M | 921.16M | 877.76M | 517.58M | 451.12M | 447.08M | 514.22M | 397.09M |
| Net Income growth (YoY) | +13.59% | +5.85% | -7.68% | +4.94% | +69.59% | +14.73% | +0.90% | -13.06% | +29.50% | +89.51% |
| Depreciation & Amortization | 715.18M | 783.02M | 506.05M | 288.32M | 241.88M | — | 219.86M | 209.05M | 193.30M | 182.56M |
| Stock-Based Compensation | 35.54M | 28.99M | 26.48M | 21.39M | 17.30M | 16.28M | 13.05M | 11.18M | 9.56M | 8.04M |
| Change in Working Capital | -13.86M | 48.25M | -2.37M | 38.01M | -20.57M | 17.93M | 707.00K | 15.46M | -28.87M | 8.67M |
| Operating Cash Flow | 1.85B | 1.89B | 1.40B | 1.24B | 952.44M | 771.23M | 707.69M | 677.79M | 597.38M | 539.26M |
| Capital Expenditures | -561.72M | -479.06M | -135.58M | -1.19B | -56.23M | -67.30M | -53.72M | -60.68M | -31.75M | -23.28M |
| Investing Cash Flow | -814.21M | -1.65B | -1.82B | -1.65B | -837.54M | -955.43M | -621.63M | -443.90M | -353.08M | -1.05B |
| Dividends Paid | -1.37B | -1.38B | -1.05B | -805.31M | -600.99M | -467.76M | -458.11M | -424.91M | -393.04M | -367.82M |
| Share Repurchases | -149.55M | 0 | 0 | -63.01M | 0 | -67.87M | 0 | 0 | — | — |
| Debt Issued | 16.18B | 8.69B | 7.11B | 5.19B | 5.71B | 3.28B | 2.21B | 1.41B | 0 | 0 |
| Debt Repaid | -17.25B | -8.72B | -7.09B | -4.21B | -5.50B | -2.01B | -1.98B | -1.11B | -1.09B | -1.12B |
| Financing Cash Flow | -1.04B | -202.29M | 423.13M | 431.86M | -166.71M | 241.47M | -88.01M | -247.25M | -215.99M | 460.83M |
| Net Change in Cash | -123.00K | 38.22M | 7.35M | 21.54M | -51.81M | 57.28M | -1.96M | -13.35M | 28.30M | -31.94M |
| Free Cash Flow | 1.29B | 1.41B | 1.27B | 44.88M | 896.21M | 703.93M | 653.97M | 617.12M | 565.63M | 515.98M |
This table shows 10 annual periods of Extra Space Storage's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow EXR's reporting calendar. What is a cash flow statement?