Extra Space Storage Inc. (EXR)
NYSE: EXR · IEX Real-Time Price · USD
140.69
-2.51 (-1.75%)
At close: Apr 12, 2024, 4:00 PM
141.15
+0.46 (0.33%)
After-hours: Apr 12, 2024, 7:39 PM EDT

Extra Space Storage Statistics

Total Valuation

EXR has a market cap or net worth of $29.77 billion. The enterprise value is $40.92 billion.

Market Cap 29.77B
Enterprise Value 40.92B

Important Dates

The next confirmed earnings date is Tuesday, April 30, 2024, after market close.

Earnings Date Apr 30, 2024
Ex-Dividend Date Mar 14, 2024

Share Statistics

EXR has 211.58 million shares outstanding. The number of shares has increased by 19.44% in one year.

Shares Outstanding 211.58M
Shares Change (YoY) +19.44%
Shares Change (QoQ) -13.37%
Owned by Insiders (%) 1.08%
Owned by Institutions (%) 100.61%
Float 209.02M

Valuation Ratios

The trailing PE ratio is 29.68 and the forward PE ratio is 33.04. EXR's PEG ratio is 4.43.

PE Ratio 29.68
Forward PE 33.04
PS Ratio 11.63
Forward PS 10.10
PB Ratio 2.07
P/FCF Ratio 30.83
PEG Ratio 4.43
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 23.39, with an EV/FCF ratio of 42.38.

EV / Earnings 50.95
EV / Sales 15.98
EV / EBITDA 23.39
EV / EBIT 32.90
EV / FCF 42.38

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.78
Debt / EBITDA 6.43
Debt / FCF 11.65
Interest Coverage 2.97

Financial Efficiency

Return on equity (ROE) is 9.10% and return on invested capital (ROIC) is 4.44%.

Return on Equity (ROE) 9.10%
Return on Assets (ROA) 4.00%
Return on Capital (ROIC) 4.44%
Revenue Per Employee $336,078
Profits Per Employee $105,434
Employee Count 7,618
Asset Turnover 0.13
Inventory Turnover n/a

Taxes

In the past 12 months, EXR has paid $21.56 million in taxes.

Income Tax 21.56M
Effective Tax Rate 2.61%

Stock Price Statistics

The stock price has decreased by -13.91% in the last 52 weeks. The beta is 0.75, so EXR's price volatility has been lower than the market average.

Beta (1Y) 0.75
52-Week Price Change -13.91%
50-Day Moving Average 143.30
200-Day Moving Average 136.31
Relative Strength Index (RSI) 43.88
Average Volume (30 Days) 1,158,221

Short Selling Information

The latest short interest is 3.88 million, so 1.84% of the outstanding shares have been sold short.

Short Interest 3.88M
Short Previous Month 4.34M
Short % of Shares Out 1.84%
Short % of Float 1.86%
Short Ratio (days to cover) 3.01

Income Statement

In the last 12 months, EXR had revenue of $2.56 billion and earned $803.20 million in profits. Earnings per share was $4.74.

Revenue 2.56B
Gross Profit 1.89B
Operating Income 1.17B
Pretax Income 824.76M
Net Income 803.20M
EBITDA 1.75B
EBIT 1.24B
Earnings Per Share (EPS) $4.74
Full Income Statement

Balance Sheet

The company has $99.06 million in cash and $11.25 billion in debt, giving a net cash position of -$11.15 billion or -$52.72 per share.

Cash & Cash Equivalents 99.06M
Total Debt 11.25B
Net Cash -11.15B
Net Cash Per Share -$52.72
Equity / Book Value 14.39B
Book Value Per Share 68.02
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.40 billion and capital expenditures -$436.89 million, giving a free cash flow of $965.59 million.

Operating Cash Flow 1.40B
Capital Expenditures -436.89M
Free Cash Flow 965.59M
FCF Per Share $5.71
Full Cash Flow Statement

Margins

Gross margin is 73.80%, with operating and profit margins of 45.70% and 31.37%.

Gross Margin 73.80%
Operating Margin 45.70%
Pretax Margin 32.21%
Profit Margin 31.37%
EBITDA Margin 68.35%
EBIT Margin 48.58%
FCF Margin 37.71%

Dividends & Yields

This stock pays an annual dividend of $6.48, which amounts to a dividend yield of 4.61%.

Dividend Per Share $6.48
Dividend Yield 4.61%
Dividend Growth (YoY) 5.88%
Years of Dividend Growth 14
Payout Ratio 136.71%
Buyback Yield -19.44%
Shareholder Yield -14.83%
Earnings Yield 2.70%
FCF Yield 3.24%
Dividend Details

Analyst Forecast

The average price target for EXR is $150.77, which is 7.17% higher than the current price. The consensus rating is "Buy".

Price Target $150.77
Price Target Difference 7.17%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (5Y) 6.00%
EPS Growth Forecast (5Y) 7.64%
Stock Forecasts

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 4