Rental Operations was Extra Space Storage’s largest segment in fiscal 2014, bringing in $559.87M of $647.16M (87%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 |
|---|---|---|---|---|---|---|
| Rental Operations | $268.73M | $346.87M | $446.68M | $559.87M | ||
| Tenant Reinsurance | $31.18M | $36.82M | $47.32M | $59.07M | ||
| Property Management Acquisition & Development | $29.92M | $25.71M | $26.61M | $28.22M | ||
| Total | $329.83M | $409.40M | $520.61M | $647.16M |
Extra Space Storage brought in $647.16M from its three segments in fiscal 2014, the year ended December 31, 2014. That was up 24.3% from $520.61M in fiscal 2013. Rental Operations was the largest at $559.87M (86.5%), ahead of Tenant Reinsurance at $59.07M (9.1%) and Property Management Acquisition & Development at $28.22M (4.4%).
Compared with fiscal 2013, Rental Operations grew fastest, up 25.3% to $559.87M. Every segment above 2% of revenue grew. From fiscal 2011 to 2014, combined revenue from these segments grew from $329.83M to $647.16M, a compound annual growth rate of 25.2%. Rental Operations' share of the total rose from 81.5% to 86.5%.
Extra Space Storage (EXR) reports its revenue by segment. In fiscal 2014, Rental Operations was its largest segment, bringing in $559.87M (86.5% of the total), followed by Tenant Reinsurance at $59.07M (9.1%).
Rental Operations was Extra Space Storage's largest segment in fiscal 2014, bringing in $559.87M, or 86.5% of the $647.16M total across its three segments.
Among Extra Space Storage's segments that make up at least 2% of revenue, Rental Operations grew fastest in fiscal 2014, up 25.3% from $446.68M to $559.87M.
Every figure comes from Extra Space Storage's annual financial filings, as reported. Each line keeps the name Extra Space Storage gives it, and years follow its fiscal calendar.
Extra Space Storage's revenue by segment goes back to fiscal 2009, with figures through fiscal 2014. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.