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EXR US​

Extra Space Storage Inc.(EXR US)

$143.41+0.220.15%Ext:$140.48-2.932.04%(Market Closed · 00:00:02 UTC)

Overview

Profile

Financials & Metrics

FinancialsChartingShort InterestEmployees

Extra Space Storage Inc. — Company Profile

Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.

Sector
Real Estate
Industry
Specialized REITs
Exchange
UN
CEO
Joseph D. Margolis
Headquarters
Salt Lake City, UT, US
IPO Date
Aug 16, 2004
Employees
8,393
Website
www.extraspace.com

Key Metrics

Price
$132.13
Market Cap
$27.92B
Revenue (TTM)
$856.03M
Net Income (TTM)
$240.98M
EPS (TTM)
1.14
P/E (TTM)
29.57
P/B (TTM)
2.09
Dividend Yield
4.49%
ROE (TTM)
1.81%
ROA (TTM)
0.83%
Operating Margin
42.94%
Beta
0.40

Dividends

Last Dividend
$1.62
Last Yield
0.04%

Summary

Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.

Website
www.extraspace.com
Location
Salt Lake City, UT, US
Phone801-365-4600
Employees8,393
CEOJoseph D. Margolis
Sector
Real Estate
Industry
Specialized REITs
IPO DateAug 16, 2004

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Latest Documents

News

  • APLE vs. EXR: Which Stock Is the Better Value Option?23 Oct
  • Reviewing Mobile Infrastructure (NASDAQ:BEEP) & Extra Space Storage (NYSE:EXR)21 Oct
  • What To Watch This REIT Earnings Season20 Oct
  • AI Reality Check, Inflation Stress Test18 Oct
  • Self Storage REITs Are Collecting Rent From Americans Who Cannot Let Go5 Oct
  • Extra Space Storage Inc. Announces Date of Earnings Release and Conference Call to Discuss 3rd Quarter Results2 Oct
  • Key Reasons to Add Extra Space Storage Stock to Your Portfolio Now1 Oct
  • The REIT Conundrum20 Sep
  • Extra Space Storage: A Great REIT At The Wrong Time18 Sep
  • What Makes Extra Space Storage (EXR) a New Buy Stock15 Sep
  • Extra Space Storage Inc $EXR Shares Acquired by Squarepoint Ops LLC13 Sep
  • California State Teachers Retirement System Acquires 40,005,054 Shares of Extra Space Storage Inc $EXR10 Sep
  • Amundi Has $92.61 Million Stock Holdings in Extra Space Storage Inc $EXR10 Sep
  • Buy 5 S&P500 IDEAL 'Safer' September Dividend Dogs9 Sep
  • Why Is Extra Space Storage (EXR) Down 5.7% Since Last Earnings Report?27 Aug
  • 5,100 Shares in Extra Space Storage Inc $EXR Bought by Callan Family Office LLC25 Aug
  • Bank of Nova Scotia Makes New Investment in Extra Space Storage Inc $EXR25 Aug
  • Extra Space Storage Announces Executive Leadership Transition24 Aug
  • Extra Space Storage Inc. Announces 3rd Quarter 2025 Dividend19 Aug
  • APLE vs. EXR: Which Stock Is the Better Value Option?19 Aug

Key Stats

Trading

Px/Chg 1D$132.14 / -0.84%
Avg Volume1.21M
Beta0.40
Mkt Cap27.92B
FD Mkt Cap29.72B

Float

Shrs Out/Float211.27M / 208.86M
Short Float0.02%
Days to Cover2.96
Stock Repurchased$1.44M

Current Valuation

EV42.60B
EV/EBITDA13.12
EV/Sales12.55
P/B2.09
P/S8.23
FCF Yield1.38%
ROE1.81%
ROA0.83%
Current Ratio0.37

Dividend

Cash$1.62
Yield4.49%
Yield (TTM)4.49%

Estimates

P/E29.57
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings62.3922.9429.4536.71107.02115.85
Price / Sales18.8310.049.059.4033.0332.61
Price / Book Value2.866.061.642.252.262.09
Price / Free Cash Flow41.2316.2417.0616.8083.7272.30
ENTERPRISE VALUE METRICS
Enterprise Value39,537.828,026.635,832.145,173.846,059.342,597.4
Enterprise Value / Sales28.2814.2613.7013.5350.1549.76
Enterprise Value / EBITDA35.5120.5019.9919.9947.1269.96
Enterprise Value / EBIT48.5325.9727.7430.4857.77100.69

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue20.4%1,609.71,965.62,615.13,337.93,377.5
Gross Income-6%1,230.41,542.22,021.12,547.1960.2
EBITDA21.5%1,109.41,367.41,792.42,259.72,414.4
EBIT18.3%867.61,079.01,291.71,482.01,699.2
Net Income4.2%827.6860.7803.2854.7974.0
EPS (Diluted)-7.2%6.196.414.744.034.59
BALANCE SHEET
Cash & ST Inv18.2%71.192.999.1138.2138.9
Total Assets29.3%10,474.512,167.527,456.328,847.929,264.0
Total Liabilities22.3%6,688.58,089.212,042.313,988.614,940.0
Total Shareholder Equity44.1%3,116.53,259.614,390.913,947.513,433.2
CASH FLOW
Net Operating Cash Flow18.1%952.41,238.11,402.51,887.41,850.2
Cap Ex55%-3.7-22.8-16.0-20.5-21.1
Free Cash Flow17.8%948.81,215.31,386.51,866.91,829.1

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)143.55
Basic Shares211.27
Market Cap30,327.7
Diluted Shares220.32
Fully Diluted Shares Outstanding220.32
Fully Diluted Market Cap31,627.3
+Consolidated Debt13,940.2
−In-the-Money Convertible Debt—
+Capital Leases769.7
+Operating Leases—
−Cash & Equivalents-139.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest880.0
+Pension Liabilities—
Enterprise Value45,009.0

Segment data

Revenue

by Products and services

  • Self Storage Operations89%
  • Tenant Reinsurance11%

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