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Extra Space Storage Inc. EXR SPX

Real Estate · REIT - Industrial · United States
https://www.extraspace.com
Company Profile ↓
$144.64
+0.62% 1Y
Mkt Cap$30.56B
P/E32.50
P/B2.30
Div. Yield4.45%
52W High$149.38
52W Low$122.40
Book Value$63.13
EPS (TTM)$4.45

Company Overview

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of March 31, 2026, the Company owned and/or operated 4,344 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 3.0 million units and approximately 335.6 million square feet of rentable space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage, and business storage. It is the largest operator of self-storage properties in the United States. Extra Space Storage Inc. was incorporated in 1977 in Maryland, USA.

Why Investors Should Care

Consistent Profit Growth

Net profit has compounded at 21.4% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 14.0% CAGR over the past five years.

Healthy Margins

Maintains a net profit margin of 27.1%.

Dividend Income

Offers a dividend yield of 4.45%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $129.48M (+7.1% YoY); net profit $974.00M.
  • Trailing 12 Months Year-on-year growth — revenue +3.8%, earnings -10.6%.
  • 5-Year Trend Long-term compounding — revenue CAGR 14.0%, profit CAGR 21.4%.

Growth & Price Performance

Compounded Sales Growth

5 Years:13.99%
1 Year:3.80%

Compounded Profit Growth

5 Years:21.45%
1 Year:-10.60%

Stock Price Performance

1 Year:+0.62%
6 Months:+5.37%
3 Months:+3.38%
1 Month:-2.91%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 82% of range
$122.40 $149.38
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)48.53 · Neutral
Price Performance
1M-2.91%
3M+3.38%
6M+5.37%
1Y+0.62%
Valuation vs Sector

P/E of 32.50 is above the sector median of 27.20 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Excellent profit margin of 27.1%.
  • Compounding revenue at 14.0% over 5 years.
  • Profit CAGR of 21.4% over 5 years.
  • Attractive dividend yield of 4.45%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
32.50
Industry PE
27.20
Forward P/E
30.43
PEG Ratio
6.22
Book Value
$63.13
Price to Book
2.30
P/S
9.23
EV/EBITDA
19.88
Dividend Yield
4.45%

Growth (CAGR)

Revenue 5Y
13.99%
Profit 5Y
21.45%
Revenue (YoY)
3.80%
Earnings (YoY)
-10.60%

Profitability & Returns

ROCE
5.12%
ROE
6.83%
ROA
3.38%
Profit Margin
27.14%
Op Margin
43.98%
Gross Margin
74.83%
EPS (Latest Qtr)
$1.14
EPS (TTM)
$4.45

Balance Sheet & Liquidity

Debt/Equity
0.98
Quick Ratio
0.10
Current Ratio
0.69
Debt
$13.94B
Total Assets
$29.10B
Current Assets
$1.81B
Working Capital
$239.20M

Ownership

Promoter Holding
0.94%
Chg in Prom Hold
-0.00%
FII / Inst Holding
101.95%
Chg in FII Hold
-0.05%

Financial Snapshot

Enterprise Value
$30.56B
Total Revenue (TTM)
$3.48B
EBITDA
$2.28B
Free Cash Flow
$1.34B
Operating Cash Flow
$1.86B
Shares Outstanding
211.26M
Gross Margin
74.83%
Payout Ratio
145.62%

Peer comparison

Peer companies in the same sector (Real Estate).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 EXR Extra Space Storage Inc. SPX 144.64 32.50 $30.56B 4.45% 5.12% 6.83% 13.99% 21.45%
2 WELL Welltower Inc. SPX 233.29 112.16 $164.68B 1.25% 0.26% 3.67% 22.69% 87.90%
3 PLD Prologis, Inc. SPX 143.42 36.04 $133.72B 3.00% - 6.84% 14.83% 36.55%
4 EQIX Equinix, Inc. SPX 1,022.60 70.67 $100.85B 1.87% 5.10% 10.06% 16.33% 16.02%
5 AMT American Tower Corporation SPX 168.63 27.20 $78.56B 4.12% 7.82% 29.95% 3.34% 12.73%
6 SPG Simon Property Group, Inc. SPX 222.01 15.44 $71.99B 3.98% - 113.59% 3.14% 14.02%
7 AVB AvalonBay Communities, Inc. SPX 190.29 23.58 $71.34B 3.66% 4.45% 9.72% 8.77% 6.54%
8 DLR Digital Realty Trust, Inc. SPX 176.07 46.70 $65.14B 2.82% - 5.69% 15.18% 18.41%
9 O Realty Income Corporation SPX 63.26 51.85 $58.99B 5.10% - 2.83% 24.73% 13.04%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2014Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue -------------10.56M10.16M10.12M-10.75M12.32M13.00M-12.14M12.86M13.31M15.64M14.80M16.88M19.96M20.52M22.25M21.38M22.21M28.02M30.15M29.86M29.88M30.91M32.04M32.54M33.70M
Operating Income 69.92M75.44M81.61M97.30M40.31M93.63M110.30M122.72M123.18M124.20M136.41M139.88M141.11M133.91M144.72M153.59M156.68M148.48M159.20M162.64M164.65M157.19M149.99M163.21M241.07M196.83M226.28M235.31M275.67M269.86M263.54M273.34M299.79M335.83M304.76M302.74M388.73M373.97M279.12M367.55M
Net Income 45.12M53.74M55.34M71.72M8.68M82.59M83.04M118.09M82.40M82.28M87.01M93.74M215.98M88.26M95.15M130.42M101.46M94.77M104.83M108.09M112.28M108.18M102.91M114.63M203.00M167.95M188.28M203.58M232.13M220.72M196.30M202.41M188.35M213.11M185.87M193.21M270.88M249.73M166.00M240.98M
Diluted EPS 0.390.460.470.580.070.660.660.930.650.640.690.741.690.700.751.020.800.740.810.830.860.830.800.881.531.251.401.511.731.651.461.500.961.010.880.911.281.180.781.14

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue --------39.84M39.38M41.76M49.89M52.13M66.26M83.90M101.99M120.86M129.48M
Operating Income 92.46M71.89M90.81M115.48M157.24M213.48M278.47M294.66M458.30M654.39M619.70M634.96M666.14M975.95M1.05B1.17B1.32B1.41B
Net Income 35.78M31.98M26.33M50.45M117.31M172.08M178.35M189.47M366.13M479.01M415.29M419.97M481.78M827.65M860.69M803.20M854.68M974.00M
Diluted EPS 0.460.370.300.541.141.531.531.562.913.763.273.243.716.196.414.744.034.59

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --2.41B2.25B2.52B3.22B3.98B4.38B6.07B7.09B7.46B7.85B8.53B9.40B-12.17B27.46B28.85B29.26B
Current Assets ---------------792.04M929.72M1.66B1.89B
Cash & Equivalents 17.38M63.97M131.95M46.75M26.48M30.79M126.72M47.66M75.80M43.86M55.68M57.50M65.75M109.12M-92.87M99.06M138.22M138.92M
Inventory -------------------
Receivables ---------------85.94M134.72M129.75M142.12M
Total Liabilities --1.46B1.31B1.44B1.68B2.05B2.47B3.70B4.50B4.74B5.06B5.61B6.46B-8.09B12.04B13.99B14.94B
Current Liabilities ---------------1.18B1.09B1.78B1.66B
Long Term Debt ---------------6.39B10.33B10.96B12.01B
Total Debt ---------------7.56B11.25B13.03B13.99B
Total Equity 704.68M946.79M884.18M881.40M1.02B1.49B1.76B1.74B2.09B2.24B2.35B2.41B2.54B2.55B-3.26B14.39B13.95B13.43B
Shares Outstanding ---------------133.92M211.28M212.00M211.16M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 98.39M81.17M104.81M337.58M367.33M539.26M597.38M677.79M707.69M771.23M952.44M1.24B1.40B1.89B1.85B
Investing Cash Flow -224.48M-104.41M-83.71M-564.95M-1.63B-1.05B-353.08M-443.90M-621.63M-955.43M-837.54M-1.65B-1.82B-1.65B-814.21M
Financing Cash Flow 172.69M91.22M-106.31M148.31M1.29B460.83M-215.99M-247.25M-88.01M241.47M-166.71M431.86M423.13M-202.29M-1.04B
Share Buybacks -------0067.87M063.01M00149.55M

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % ------------------
Operating Margin % --------1,150.3%1,661.8%1,484.1%1,272.7%1,277.9%1,472.8%1,251.9%1,147.4%1,095.0%1,091.1%
Net Margin % --------918.9%1,216.4%994.5%841.8%924.2%1,249.0%1,025.8%787.6%707.2%752.3%
ROE % 3.8%3.6%3.0%5.0%7.9%9.8%10.3%9.1%16.3%20.4%17.2%16.5%18.9%-26.4%5.6%6.1%7.3%
ROCE % --------------9.6%4.4%4.9%5.1%

Shareholding Pattern

Insiders
0.94%
Institutions
101.95%
Public Float
102.92%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 10.65% 22.49M $3.27B
2 Vanguard Portfolio Management LLC 8.70% 18.38M $2.67B
3 Cohen & Steers Inc. 7.77% 16.41M $2.39B
4 Vanguard Capital Management LLC 6.52% 13.76M $2.00B
5 State Street Corporation 6.48% 13.69M $1.99B
6 Principal Financial Group, Inc. 3.04% 6.43M $935.61M
7 Capital Research Global Investors 2.96% 6.25M $909.98M
8 Geode Capital Management, LLC 2.88% 6.09M $885.47M
9 Capital World Investors 2.26% 4.78M $695.43M
10 FMR, LLC 2.18% 4.60M $669.51M

Analyst View

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Latest News

Recent headlines for EXR

Google News Mon, 13 Jul 2026

Is EXR Stock Worth Retaining in Your Portfolio for the Long Run? - TradingView

<a href="https://news.google.com/rss/articles/CBMiuwFBVV95cUxNVE83S1FScHByN244X3lRVjRka3U0VkhYVmFnem5UMFdTQzVfX21MUlljTUhQQmpmaENXaFZfR2xmQ0VGeGJidWUxdFlDMm9vbXJxa0hlTWNHZmFSb0txLUV2Ri1TWHprc0ptYVJUejVRcGlGYkhOa2lEb2hxZXpGUk5veTR6ZmhqVzI0SU…

Google News Mon, 13 Jul 2026

Here's What to Expect From Extra Space Storage's Next Earnings Report - Yahoo Finance

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Google News Wed, 24 Jun 2026

Extra Space locks in $550M debt sale, due in 2032 - Stock Titan

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Google News Fri, 10 Jul 2026

EXR Maintained by UBS -- Price Target Raised to $163 - GuruFocus

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Google News Wed, 15 Jul 2026

Jefferies Adjusts Extra Space Storage Price Target to $161 From $166, Maintains Buy Rating - marketscreener.com

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Google News Mon, 13 Jul 2026

EXR,PPC Dividends - Finviz

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EXR — Frequently Asked Questions

What is the current share price of Extra Space Storage Inc. (EXR)?

As of 2026-07-15 16:51 PDT, Extra Space Storage Inc. (EXR) trades at $144.64 on NYSE. Its 52-week range is $122.40 to $149.38.

What is the market capitalisation of EXR?

Extra Space Storage Inc. (EXR) has a market capitalisation of $30.56B on NYSE.

What is the P/E ratio of EXR?

EXR trades at a trailing price-to-earnings (P/E) ratio of 32.50. The industry average P/E is 27.20. Its price-to-book (P/B) ratio is 2.30.

Does EXR pay a dividend?

Extra Space Storage Inc. (EXR) currently offers a dividend yield of 4.45%.

What is the return on equity (ROE) of EXR?

EXR has a return on equity (ROE) of 6.83%. Its return on capital employed (ROCE) is 5.12%.

Is EXR a good stock to buy?

This page provides a data-driven analysis of Extra Space Storage Inc. (EXR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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