Extra Space Storage Inc. (EXR)
NYSE: EXR · Real-Time Price · USD
147.90
-1.50 (-1.00%)
Aug 14, 2026, 4:00 PM EDT - Market closed

Extra Space Storage Statistics

Total Valuation

EXR has a market cap or net worth of $32.63 billion. The enterprise value is $46.35 billion.

Market Cap32.63B
Enterprise Value 46.35B

Important Dates

The last earnings date was Tuesday, July 28, 2026, after market close.

Earnings Date Jul 28, 2026
Ex-Dividend Date Jun 15, 2026

Share Statistics

EXR has 220.65 million shares outstanding. The number of shares has increased by 2.02% in one year.

Current Share Class 211.27M
Shares Outstanding 220.65M
Shares Change (YoY) +2.02%
Shares Change (QoQ) +0.02%
Owned by Insiders (%) 0.98%
Owned by Institutions (%) 97.43%
Float 208.86M

Valuation Ratios

The trailing PE ratio is 32.70 and the forward PE ratio is 31.34. EXR's PEG ratio is 8.35.

Price/FFO Ratio 18.43
Price/AFFO Ratio n/a
PE Ratio 32.70
Forward PE 31.34
PS Ratio 9.29
Forward PS 10.85
PB Ratio 2.36
P/TBV Ratio 2.49
P/FCF Ratio 30.68
P/OCF Ratio 17.16
PEG Ratio 8.35
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.06, with an EV/FCF ratio of 43.58.

EV / Earnings 48.48
EV / Sales 13.20
EV / EBITDA 20.06
EV / EBIT 29.23
EV / FCF 43.58

Financial Position

The company has a current ratio of 0.89, with a Debt / Equity ratio of 1.02.

Current Ratio 0.89
Quick Ratio 0.30
Debt / Equity 1.02
Debt / EBITDA 5.99
Debt / FCF 13.55
Interest Coverage 2.47

Financial Efficiency

Return on equity (ROE) is 6.95% and return on invested capital (ROIC) is 5.36%.

Return on Equity (ROE) 6.95%
Return on Assets (ROA) 3.36%
Return on Invested Capital (ROIC) 5.36%
Return on Capital Employed (ROCE) 5.88%
Weighted Average Cost of Capital (WACC) 8.78%
Revenue Per Employee $418,338
Profits Per Employee $113,913
Employee Count8,393
Asset Turnover 0.12
Inventory Turnover n/a

Taxes

In the past 12 months, EXR has paid $43.79 million in taxes.

Income Tax 43.79M
Effective Tax Rate 4.18%

Stock Price Statistics

The stock price has increased by +7.01% in the last 52 weeks. The beta is 1.18, so EXR's price volatility has been higher than the market average.

Beta (5Y) 1.18
52-Week Price Change +7.01%
50-Day Moving Average 147.37
200-Day Moving Average 140.61
Relative Strength Index (RSI) 50.05
Average Volume (20 Days) 1,234,161

Short Selling Information

The latest short interest is 4.66 million, so 2.11% of the outstanding shares have been sold short.

Short Interest 4.66M
Short Previous Month 4.51M
Short % of Shares Out 2.11%
Short % of Float 2.23%
Short Ratio (days to cover) 3.79

Income Statement

In the last 12 months, EXR had revenue of $3.51 billion and earned $956.07 million in profits. Earnings per share was $4.52.

Revenue3.51B
Gross Profit 2.63B
Operating Income 1.59B
Pretax Income 1.05B
Net Income 956.07M
EBITDA 2.31B
EBIT 1.59B
Earnings Per Share (EPS) $4.52
Full Income Statement

Balance Sheet

The company has $696.60 million in cash and $14.41 billion in debt, with a net cash position of -$13.72 billion or -$62.17 per share.

Cash & Cash Equivalents 696.60M
Total Debt 14.41B
Net Cash -13.72B
Net Cash Per Share -$62.17
Equity (Book Value) 14.18B
Book Value Per Share 62.75
Working Capital -307.24M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.90 billion and capital expenditures -$20.94 million, giving a free cash flow of $1.06 billion.

Operating Cash Flow 1.90B
Capital Expenditures -20.94M
Depreciation & Amortization 728.96M
Net Borrowing n/a
Free Cash Flow 1.06B
FCF Per Share $4.82
Full Cash Flow Statement

Margins

Gross margin is 74.92%, with operating and profit margins of 45.17% and 27.28%.

Gross Margin 74.92%
Operating Margin 45.17%
Pretax Margin 29.82%
Profit Margin 27.28%
EBITDA Margin 65.81%
EBIT Margin 45.17%
FCF Margin 30.29%

Dividends & Yields

This stock pays an annual dividend of $6.48, which amounts to a dividend yield of 4.38%.

Dividend Per Share $6.48
Dividend Yield 4.38%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 143.26%
Buyback Yield -2.02%
Shareholder Yield 2.37%
Earnings Yield 2.93%
FCF Yield 3.26%
Dividend Details

Analyst Forecast

The average price target for EXR is $159.65, which is 7.95% higher than the current price. The consensus rating is "Buy".

Price Target $159.65
Price Target Difference 7.95%
Analyst Consensus Buy
Analyst Count 21
Revenue Growth Forecast (3Y) -2.14%
EPS Growth Forecast (3Y) 2.90%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 5