undamentalytics Newsletter
Sign in

Extra Space Storage cash flow statement

In fiscal 2025, Extra Space Storage's operations generated $1.85bn of cash; it spent $562m on capital projects, leaving free cash flow of $1.29bn. It returned $1.37bn in dividends and $150m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash from operations5395976787087719521,2381,4021,8871,8501,911
Depreciation and amortisation183193209220—242288506783715741
Stock-based pay810111316172126293638
Capital spending——————1,193136479562357
Free cash flow——————451,2671,4081,2881,554
Free cash flow after stock pay——————231,2401,3791,2531,516
Dividends paid3683934254584686018051,0461,3751,3741,368
Share buybacks——006806300150470
Shares issued1230901991032730000—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: EXR vs PSACUBE vs EXREXR vs SMAEXR vs SELF

More: Self-Storage REITs stocks compared, Real Estate sector, rankings of US companies

Figures from Extra Space Storage's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Extra Space Storage.