EXR Extra Space Storage Inc.

Price (delayed)

$104.39

Market cap

$13.47B

P/E Ratio

31.16

Dividend/share

$3.6

EPS

$3.35

Enterprise value

$18.76B

Sector: Real Estate
Industry: REIT - Industrial
Extra Space Storage, Inc. is a real estate investment trust. It operates through the following segments: Self-Storage Operations and Tenant Reinsurance. The Self-Storage Operations segment includes rents The Tenant Reinsurance segment consists of reinsurance of risks relating to the loss of good stored by tenants in the firm's stores. The company was founded by Kenneth Musser Woolley on April 30, 2004 and is headquartered in Salt Lake City, UT.

Highlights

Extra Space Storage's revenue has increased by 7% YoY
Extra Space Storage's gross profit has increased by 3.6% YoY
EXR's gross margin is down by 3% year-on-year
Extra Space Storage's equity has decreased by 2.7% YoY

Key stats

What are the main financial stats of EXR
Market
Shares outstanding
129.07M
Market cap
$13.47B
Enterprise value
$18.76B
Valuations
Price to earnings (P/E)
31.16
Price to book (P/B)
5.67
Price to sales (P/S)
10.1
EV/EBIT
30.23
EV/EBITDA
22.23
EV/Sales
14.08
Earnings
Revenue
$1.33B
EBIT
$620.71M
EBITDA
$844.29M
Free cash flow
$530.35M
Per share
EPS
$3.35
Free cash flow per share
$4.11
Book value per share
$18.4
Revenue per share
$10.34
TBVPS
$66.16
Balance sheet
Total assets
$8.53B
Total liabilities
$5.78B
Debt
$5.35B
Equity
$2.38B
Working capital
N/A
Liquidity
Debt to equity
2.25
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
6.27
Margins
EBITDA margin
63.3%
Gross margin
71.1%
Net margin
32.4%
Operating margin
47.6%
Efficiency
Return on assets
5.1%
Return on equity
17.5%
Return on invested capital
4.5%
Return on capital employed
N/A
Return on sales
46.6%
Dividend
Dividend yield
3.45%
DPS
$3.6
Payout ratio
107.5%

EXR stock price

How has the Extra Space Storage stock price performed over time

Financial performance

How have Extra Space Storage's revenue and profit performed over time
Revenue
$1.33B
Gross profit
$948.29M
Operating income
$634.47M
Net income
$431.46M
Gross margin
71.1%
Net margin
32.4%
The company's operating margin fell by 8% YoY
Extra Space Storage's revenue has increased by 7% YoY
The company's net margin fell by 6% YoY
Extra Space Storage's gross profit has increased by 3.6% YoY

Growth

What is Extra Space Storage's growth rate over time

Valuation

What is Extra Space Storage stock price valuation
P/E
31.16
P/B
5.67
P/S
10.1
EV/EBIT
30.23
EV/EBITDA
22.23
EV/Sales
14.08
EXR's P/E is 3.2% below its 5-year quarterly average of 32.2
The P/B is 13% higher than the 5-year quarterly average of 5.0 and 5% higher than the last 4 quarters average of 5.4
Extra Space Storage's equity has decreased by 2.7% YoY
Extra Space Storage's revenue has increased by 7% YoY
EXR's price to sales (P/S) is 4.7% lower than its 5-year quarterly average of 10.6

Efficiency

How efficient is Extra Space Storage business performance
Extra Space Storage's ROIC has decreased by 8% YoY and by 2.2% from the previous quarter
The company's return on sales fell by 8% YoY
EXR's ROA is down by 6% YoY
The company's return on equity fell by 2.2% YoY

Dividends

What is EXR's dividend history
DPS
$3.6
Dividend yield
3.45%
Payout ratio
107.5%
Recent dividends

Financial health

How did Extra Space Storage financials performed over time
EXR's total assets is 48% greater than its total liabilities
The company's debt is 125% higher than its equity

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