Extra Space Storage Inc.

Real Estate Investment Trusts·SALT LAKE CITY, UT·FY end 12/31·CIK 1289490

CEO Pay Ratio

269:1

Joseph D. Margolis

CEO Total Comp

$14.2M

Joseph D. Margolis

Median Employee

$52,643

Revenue

$3.4B

FY 2025

Net Income

$974.0M

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

28.8%

Insider Net (180d)

-$1.1M

0 buys / 1 sales

CEO Pay Accountability

CEO comp as % of net income

1.46%

For every $1,000 of profit, $14.57 flows to the CEO.

CEO comp as % of buybacks

9.49%

CEO comp equals 94.9‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$3.4B	$3.3B	$2.6B	$1.9B	$1.6B
Gross Profit	—	—	—	—	—	—
Operating Income	$1.4B	$1.3B	$1.2B	$1.1B	$976.0M
Net Income	$974.0M	$854.7M	$803.2M	$860.7M	$827.6M
Operating CF	$1.9B	$1.9B	$1.4B	$1.2B	$952.4M
Capex	—	—	—	—	—	—
Free Cash Flow	—	—	—	—	—	—
Buybacks	$149.5M	$0	$0	$63.0M	$0
Dividends	$1.4B	$1.4B	$1.0B	$805.3M	$601.0M

Gross Margin	—	—	—	—	—	—
Operating Margin	41.8%	40.6%	45.7%	54.6%	61.9%
Net Margin	28.8%	26.2%	31.4%	44.7%	52.5%
FCF Margin	—	—	—	—	—	—
R&D / Revenue	—	—	—	—	—	—
Effective Tax	—	—	—	2.3%	2.4%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Joseph D. MargolisChief Executive Officer	$940.0K	$11.1M	—	$1.6M	$492.0K	$14.2M
Scott StubbsFormer Chief Financial Officer	$520.0K	$3.2M	—	$638.6K	$164.8K	$4.5M
Noah SpringerPresident and former Chief Strategy and Partnership Officer	$500.0K	$3.0M	—	$614.1K	$169.9K	$4.2M
Samrat SondhiChief Digital Officer	$510.0K	$2.8M	—	$626.3K	$160.1K	$4.1M
Zach DickensChief Investment Officer	$500.0K	$2.8M	—	$614.1K	$161.8K	$4.1M
Jeff Norman	$392.4K	$495.7K	—	$442.1K	$57.2K	$1.4M