EXR Extra Space Storage Inc

  1. Stocks
  2. Real Estate
  3. NYSE: EXR

Price (delayed)

$164.61

Market cap

$34.85B

P/E Ratio

37.16

Dividend/share

$5.47

EPS

$4.43

Enterprise value

$46.19B

Extra Space Storage is a real estate investment trust headquartered in Cottonwood Heights, Utah that invests in self storage units. As of December 31, 2019, the company owned and/or operated ...

Highlights
Extra Space Storage's revenue has increased by 44% YoY and by 12% QoQ
Extra Space Storage's gross profit has increased by 39% YoY and by 11% from the previous quarter
The company's net income fell by 3.9% YoY but it rose by 2.1% QoQ
The company's debt has surged by 51% YoY
EXR's P/E is 31% above its last 4 quarters average of 28.4 and 25% above its 5-year quarterly average of 29.7
Sector: Real Estate
Industry: REIT - Industrial
Peers: UHAL GEO ELS CUBE

Key stats

What are the main financial stats of EXR
Market
Shares outstanding
211.73M
Market cap
$34.85B
Enterprise value
$46.19B
Valuations
Price to earnings (P/E)
37.16
Price to book (P/B)
2.44
Price to sales (P/S)
12.17
EV/EBIT
35.1
EV/EBITDA
23.81
EV/Sales
16.17
Earnings
Revenue
$2.86B
EBIT
$1.32B
EBITDA
$1.94B
Free cash flow
$1.08B
Per share
EPS
$4.43
Free cash flow per share
$5.13
Book value per share
$67.57
Revenue per share
$13.52
TBVPS
$130.06
Balance sheet
Total assets
$27.48B
Total liabilities
$12.19B
Debt
$11.39B
Equity
$14.3B
Working capital
N/A
Liquidity
Debt to equity
0.8
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.85
Margins
EBITDA margin
67.9%
Gross margin
73.1%
Net margin
28.7%
Operating margin
43.5%
Efficiency
Return on assets
3.5%
Return on equity
7.1%
Return on invested capital
3.9%
Return on capital employed
N/A
Return on sales
46.1%
Dividend
Dividend yield
3.32%
DPS
$5.47
Payout ratio
123.5%

EXR stock price

How has the Extra Space Storage stock price performed over time
Intraday
2.44%
1 week
0.31%
1 month
4.85%
1 year
13.87%
YTD
2.67%
QTD
5.92%

Financial performance

How have Extra Space Storage's revenue and profit performed over time
Revenue
$2.86B
Gross profit
$2.09B
Operating income
$1.24B
Net income
$820.01M
Gross margin
73.1%
Net margin
28.7%
Extra Space Storage's revenue has increased by 44% YoY and by 12% QoQ
Extra Space Storage's gross profit has increased by 39% YoY and by 11% from the previous quarter
The company's net margin fell by 33% YoY and by 9% QoQ
The company's operating margin fell by 20% YoY and by 4.8% QoQ

Growth

What is Extra Space Storage's growth rate over time

Valuation

What is Extra Space Storage stock price valuation
EXR P/E details
P/E
37.16
P/B
2.44
P/S
12.17
EV/EBIT
35.1
EV/EBITDA
23.81
EV/Sales
16.17
EXR's P/E is 31% above its last 4 quarters average of 28.4 and 25% above its 5-year quarterly average of 29.7
The company's EPS fell by 30% YoY and by 7% QoQ
The P/B is 59% lower than the 5-year quarterly average of 5.9 and 21% lower than the last 4 quarters average of 3.1
Extra Space Storage's revenue has increased by 44% YoY and by 12% QoQ
EXR's price to sales (P/S) is 16% higher than its last 4 quarters average of 10.5

Efficiency

How efficient is Extra Space Storage business performance
The company's return on equity has shrunk by 73% YoY and by 22% QoQ
EXR's ROA has shrunk by 51% YoY and by 13% QoQ
Extra Space Storage's ROIC has decreased by 35% YoY and by 9% from the previous quarter
The company's return on sales fell by 19% YoY and by 5% QoQ

Dividends

What is EXR's dividend history
Dividend details
DPS
$5.47
Dividend yield
3.32%
Payout ratio
123.5%
Recent dividends

Financial health

How did Extra Space Storage financials performed over time
EXR's total assets is 125% greater than its total liabilities
EXR's total assets has surged by 126% year-on-year
The company's total liabilities has surged by 51% YoY
The company's debt is 20% lower than its equity
The debt to equity has plunged by 66% YoY but it has grown by 2.6% from the previous quarter
The company's debt has surged by 51% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.