Extra Space Storage

Overview

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• TickerEXR on NYSE¹
• Industryself storage¹
• HeadquartersSalt Lake City¹
• Websitewww.extraspace.com
• Incorporated inMD⁶
• Business address2795 Cottonwood Parkway, Suite 400, Salt Lake City, Ut 84121⁶
• Filer categoryLarge accelerated filer⁶
• Legal formLimited Partnership⁴
• Kind of organizationReal estate investment trust¹
• LEI529900SDJHKRQWED6A16⁴
• StatusActive⁴
• LEI statusLapsed (not renewed)⁴
• Registered address2795 East Cottonwood Parkway, Suite 400, 84121 Salt Lake City, United States⁴
• Registered withUtah Division of Corporations & Commercial Code (Department of Commerce), 10679291-0151⁴

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Extra Space Storage Inc. is an American real estate investment trust headquartered in Salt Lake City, Utah that invests in self storage facilities. The company rents storage units, including climate controlled units, drive-up units, lockers, boat storage, RV storage and business storage under the brands Extra Space Storage, Life Storage, and Storage Express. As of April 29, 2025 the company owned and/or operated 3,714 locations in 43 states, and Washington, D.C. comprising approximately 2.6 million units 283.4 million square feet of net rentable space. It is the largest owner of self storage units in the United States and the largest self storage property manager.³

Corporate structure

Extra Space Storage sits at the top of its group. 4 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G; stakes of 5% or more it reported on Schedules 13D and 13G (1 companies). Each entity in the chart links to its source.

What it owns

What Extra Space Storage reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

Real estate and locations

Investments

Intangibles and goodwill

Properties, in its own words

As of December 31, 2025, we owned or had ownership interests in 2,425 operating stores. Of these stores, 2,007 are wholly-owned, 11 are in consolidated joint ventures, and 407 are in unconsolidated joint ventures. In addition, we managed 1,856 stores for third parties, bringing the total number of stores which we own and/or manage to 4,281. These stores are located in 43 states and Washington, D.C. The clustering of assets around population centers enables us to reduce our operating costs through economies of scale. Our acquisitions have given us an increased scale in many core markets as well as a foothold in many markets where we had no previous presence.

As of December 31, 2025, approximately 2,445,000 tenants were leasing storage units at the operating stores that we own and/or manage, primarily on a month-to-month basis, providing the flexibility to increase rental rates over time as market conditions permit. Existing tenants generally receive rate increases at least annually, for which no direct correlation has been drawn to our vacancy trends. Although leases are short-term in duration, the typical tenant tends to remain at our stores for an extended period of time. For same-store properties as of December 31, 2025, the average length of stay for tenants who had vacated was approximately 17.0 months.

Item 2 of the 10-K filed Feb 20, 2026.¹⁶

Leadership

Who has led Extra Space Storage, and when. Pick a name to see everywhere that person has worked.

• Chief executive officerJoseph D. Margolis Feb 16, 2017 to now¹⁷
• Chief executive officerSpencer Kirk Mar 9, 2010 to Dec 7, 2016¹⁸
• Chief executive officerKenneth M. Woolley Feb 14, 2006 to Nov 13, 2008¹⁹
• ChairSpencer Kirk Jun 11, 2012 to Jun 11, 2012²⁰
• ChairKenneth M. Woolley Feb 14, 2006 to May 24, 2018¹⁹
• PresidentWilliam N. Springer Mar 3, 2026 to now²¹
• PresidentSpencer Kirk Sep 10, 2007 to Feb 19, 2009²²
• Chief financial officerP. Scott Stubbs Feb 21, 2012 to now²³
• Chief financial officerKent Christensen Nov 15, 2006 to Nov 2, 2011²⁴
• Chief operating officerMatthew T. Herrington Jun 10, 2020 to now²⁵
• Chief operating officerSamrat Sondhi Feb 23, 2016 to Aug 2, 2021²⁶
• Chief operating officerKarl Haas Apr 3, 2007 to Sep 10, 2013²⁷

Named in SEC Form D filings

People the company listed in its private-offering notices.

• Trustee of the GP and the LPJeff Norman named Jan 15, 2026⁶⁰
• Trustee of the GP and the LPPeter Scott Stubbs named Jan 3, 2025 to Feb 26, 2025⁶¹
• Director of Extra Space Storage Inc., which holds 100% of the equity of both the GP and the LPJulia Vander Ploeg named Dec 7, 2021 to Jan 15, 2026⁶⁰
• Director of Extra Space Storage Inc., which holds 100% of the equity of both the GP and the LPSusan Harnett named Aug 4, 2023 to Jan 15, 2026⁶⁰
• Director of Extra Space Storage Inc., which holds 100% of the equity of both the GP and the LPJulia Scott Vander Ploeg named Jan 3, 2025 to Feb 26, 2025⁶¹
• Director of Extra Space Storage Inc., which holds 100% of the equity of both the GP and the LPSusan Scott Harnett named Jan 3, 2025 to Feb 26, 2025⁶¹

Products and brands

• self storage

Listed on Wikidata.¹

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

• Extra Space Storage LP Delaware⁷

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

1. Aug 24, 20268-K Executive or director change; Regulation FD disclosure⁶²
2. Jul 28, 20268-K Results of operations⁶³
3. Jul 6, 20268-K Entered a material agreement; New debt or obligation⁶⁴
4. Jun 25, 20268-K Other events⁶⁵
5. May 15, 20268-K Shareholder vote⁶⁶
6. Apr 28, 20268-K Results of operations⁶⁷
7. Feb 19, 20268-K Results of operations⁶⁸
8. Jan 5, 20268-K Executive or director change; Regulation FD disclosure⁶⁹
9. Oct 29, 20258-K Results of operations⁷⁰
10. Aug 26, 20258-K Entered a material agreement; New debt or obligation⁷¹
11. Aug 8, 20258-K Entered a material agreement; New debt or obligation⁷²
12. Aug 7, 20258-K Other events⁷³
13. Feb 16, 2017New chief executive Joseph D. Margolis becomes CEO¹⁷
14. Mar 9, 2010New chief executive Spencer Kirk becomes CEO¹⁸
15. Feb 14, 2006New chief executive Kenneth M. Woolley becomes CEO¹⁹
16. Aug 12, 2004Went public Listed on NYSE¹
17. 1977Founded Founded¹

Calendar

Coming up

1. Oct 27, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $2.08 a share, on Oct 29, 2025.⁷⁴

When it reported results

1. Jul 28, 2026Reported quarterly or annual results⁶³
2. Apr 28, 2026Reported quarterly or annual results⁶⁷
3. Feb 19, 2026Reported quarterly or annual results⁶⁸
4. Oct 29, 2025Reported quarterly or annual results⁷⁰
5. Jul 30, 2025Reported quarterly or annual results⁷⁵
6. Apr 29, 2025Reported quarterly or annual results⁷⁶
7. Feb 25, 2025Reported quarterly or annual results⁷⁷
8. Oct 29, 2024Reported quarterly or annual results⁷⁸

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

459 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 67 major events, 237 insider forms, 22 large holders, 7 private raises, 105 other. The latest 20:

1. Aug 24, 20268-K EDGAR
2. Aug 14, 2026SCHEDULE 13G/A EDGAR
3. Aug 5, 20264 EDGAR
4. Jul 31, 202610-Q EDGAR
5. Jul 28, 20268-K EDGAR
6. Jul 6, 20268-K EDGAR
7. Jul 2, 20264 EDGAR
8. Jul 2, 20264 EDGAR
9. Jul 2, 20264 EDGAR
10. Jun 25, 20268-K EDGAR
11. Jun 25, 2026424B5 EDGAR
12. Jun 24, 2026FWP EDGAR
13. Jun 24, 2026424B5 EDGAR
14. Jun 18, 202611-K EDGAR
15. Jun 12, 20264 EDGAR
16. Jun 11, 2026144 EDGAR
17. May 18, 20264 EDGAR
18. May 18, 20264 EDGAR
19. May 18, 20264 EDGAR
20. May 18, 20264 EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

37 open-market trades by officers, directors and large owners since October 2021: 2 buys and 35 sales. Grants, option exercises and gifts are left out.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

• Cohen & SteersSCHEDULE 13G/A, 4 filings Feb 14, 2022 to Aug 14, 2026⁷⁹
• VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 2026⁸⁰
• VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Apr 29, 2026⁸¹
• VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Mar 26, 2026⁸²
• Capital World InvestorsSCHEDULE 13G/A, 5 filings Feb 13, 2023 to Mar 7, 2025⁸³
• State Street CorporationSC 13G/A, 3 filings Feb 11, 2022 to Jan 30, 2024⁸⁴
• BlackRockSC 13G/A, 4 filings Jan 28, 2022 to Jan 24, 2024⁸⁵

Stakes it holds

Extra Space Storage has told the SEC it owns more than 5% of 1 company, latest first (Schedules 13D and 13G).

• SmartStop Self Storage REIT, Inc.SCHEDULE 13G/A Feb 14, 2024 to May 13, 2025⁸⁶

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

1. Oct 28, 2025Raised $14 million in a private offering of equity⁶⁰ Form D: 2 investors so far Form D
2. Feb 18, 2025Raised $16.4 million in a private offering of equity⁶¹ Form D: 1 investor so far Form D
3. Dec 20, 2024Raised $5 million in a private offering of equity⁸⁸ Form D: 1 investor so far Form D
4. Dec 17, 2024Raised $95.4 million in a private offering of equity⁸⁹ Form D: 14 investors so far Form D
5. Jul 20, 2023Raised $254.3 million in a private offering of equity⁹⁰ Form D: 49 investors so far Form D
6. Dec 31, 2021Raised $263.4 million in a private offering of equity⁹¹ Form D: 23 investors so far Form D
7. Nov 1, 2021Raised $13 million in a private offering of equity⁹² Form D: 2 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

10 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Extra Space Storage is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

• Name on EDGARExtra Space Storage Inc.²
• CIK0001289490
• Employer ID (EIN)20-1076777¹⁶
• Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company¹⁶
• Incorporated inMaryland¹⁶
• Fiscal year endsDecember 31²
• Industry code (SIC)6798 Real Estate Investment Trusts²
• SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance²
• Business address2795 Cottonwood Parkway, Suite 400, Salt Lake City, UT 84121²
• Phone801-562-5556²
• Shares outstanding211,269,558 as of Jul 24, 2026¹⁴
• Public float$31.0B as of Jun 30, 2025¹⁶
• AuditorErnst & Young LLP, Salt Lake City, Utah PCAOB ID 42; it also attests to the company’s internal control over financial reporting¹⁶
• On EDGAR sinceMay 13, 2004²
• Filings1,705 in all: 4 (836), 8-K (252), SC 13G/A (96), 10-Q (67), 424B5 (48), 3 (38), SC 13G (36), UPLOAD (27)²
  All 47 form types

  5 (24), 10-K (22), DEF 14A (22), CORRESP (21), DEFA14A (21), 144 (20), 11-K (18), 424B7 (17), S-3ASR (16), 4/A (14), 425 (13), FWP (13), 3/A (12), ARS (9), 424B3 (6), S-11/A (6), S-3/A (6), 8-K/A (4), S-3 (4), S-8 (4), SC TO-I/A (4), SCHEDULE 13G/A (4), EFFECT (3), SCHEDULE 13G (3), 10-Q/A (2), REGDEX (2), S-4 (2), SC TO-I (2), 10-K/A (1), 424B2 (1), 424B4 (1), 424B8 (1), 8-A12B (1), CERTNYS (1), D (1), NT 10-Q (1), POSASR (1), S-11 (1), S-4/A (1)

• Latest filingsAnnual report (10-K) Feb 20, 2026
  Quarterly report (10-Q) Jul 31, 2026
  Proxy statement (DEF 14A) Apr 1, 2026
  Latest 8-K (8-K) Aug 24, 2026

Securities registered for trading

From the cover page of the 10-K filed Feb 20, 2026 (Section 12(b) of the Exchange Act).¹⁶

Risk factors and legal proceedings

The risks Extra Space Storage names in Item 1A of its 10-K filed Feb 20, 2026: 31 risks under these headings, as written.¹⁶

• Risks Related to Our Stores and Operations
• Adverse economic or other conditions in the markets in which we do business could negatively affect our occupancy levels and rental rates and therefore our operating results.
• If we are unable to promptly re-let our units or if the rates upon such re-letting are significantly lower than expected, our business and results of operations would be adversely affected.
• There is significant competition among self-storage operators and from other storage alternatives.
• Our property taxes could increase due to reassessment or property tax rate changes.
• State and federal regulations relating to natural disasters, public health emergencies or consumer protection could adversely affect our results of operations.
• Uninsured losses, losses in excess of our insurance coverage, or increasing insurance deductibles could adversely affect our financial condition and our cash flow.
• Our tenant reinsurance business is subject to significant governmental regulation, which may adversely affect our results.
• We and our vendors rely on information technology, and any material failure, inadequacy, interruption or security incident affecting that technology could harm our business, results of operations and financial condition.
• Actual or perceived failures to comply with laws and regulations relating to data privacy and protection could adversely affect our business, results of operations, and our financial condition.
• The use of, or inability to take advantage of the benefits of, artificial intelligence by us presents risks and challenges that may adversely impact our business and operating results or may adversely impact the demand for storage with the Company.
• We may not be successful in identifying and consummating suitable acquisitions that meet our criteria, which may impede our growth.

Legal proceedings

We are involved in various legal proceedings and are subject to various claims and complaints arising in the ordinary course of business. Because litigation is inherently unpredictable, the outcome of these matters cannot presently be determined with any degree of certainty. In accordance with applicable accounting guidance, management establishes an accrued liability for litigation when those matters present loss contingencies that are both probable and reasonably estimable. In such cases, there may be an exposure to loss in excess of any amounts accrued. The estimated loss, if any, is based upon currently available information and is subject to significant judgment, a variety of assumptions, and known and unknown uncertainties. We could in the future incur judgments or enter into settlements of claims that could have a material adverse effect on our results of operations in any particular period, notwithstanding the fact that we are currently vigorously defending any legal proceedings against us. For more information on our legal accruals, refer to the Commitments and Contingencies footnote in the notes to the consolidated financial statements in Item 8 of this Form 10-K.

The opening of Item 3, Legal Proceedings.¹⁶

Links

• Websitewww.extraspace.com¹
• X (Twitter)x.com/extraspace¹
• Facebookwww.facebook.com/extraspace¹
• Instagramwww.instagram.com/extraspace¹
• WikipediaExtra Space Storage
• More imagesWikimedia Commons
• WikidataQ5422162
• SEC EDGARCIK 1289490