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EXR Extra Space Storage Inc

Price (delayed)

$148.89

Market cap

$31.6B

P/E Ratio

34.55

Dividend/share

$6.48

EPS

$4.31

Enterprise value

$44.72B

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 15% YoY
Extra Space Storage's gross profit has increased by 13% YoY
EXR's P/E is 14% below its last 4 quarters average of 40.1 but 10% above its 5-year quarterly average of 31.4
The company's EPS rose by 7% QoQ but it fell by 2.7% YoY
The company's debt rose by 16% YoY
Extra Space Storage's equity has decreased by 2.9% YoY

Key stats

What are the main financial stats of EXR
Market
Shares outstanding
212.21M
Market cap
$31.6B
Enterprise value
$44.72B
Valuations
Price to earnings (P/E)
34.55
Price to book (P/B)
2.27
Price to sales (P/S)
9.62
EV/EBIT
29.64
EV/EBITDA
19.65
EV/Sales
13.65
Earnings
Revenue
$3.28B
Gross profit
$2.35B
Operating income
$1.38B
Net income
$912.44M
EBIT
$1.51B
EBITDA
$2.28B
Free cash flow
$1.11B
Per share
EPS
$4.31
EPS diluted
$4.31
Free cash flow per share
$5.26
Book value per share
$65.5
Revenue per share
$15.47
TBVPS
$136.86
Balance sheet
Total assets
$28.99B
Total liabilities
$14.22B
Debt
$13.25B
Equity
$13.89B
Working capital
N/A
Liquidity
Debt to equity
0.95
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.77
Margins
EBITDA margin
69.4%
Gross margin
71.8%
Net margin
27.8%
Operating margin
42%
Efficiency
Return on assets
3.2%
Return on equity
6.5%
Return on invested capital
3.7%
Return on capital employed
N/A
Return on sales
46%
Dividend
Dividend yield
4.35%
DPS
$6.48
Payout ratio
150.3%

EXR stock price

How has the Extra Space Storage stock price performed over time
Intraday
0.32%
1 week
-0.33%
1 month
11.22%
1 year
1.51%
YTD
-0.47%
QTD
0.27%

Financial performance

How have Extra Space Storage's revenue and profit performed over time
Revenue
$3.28B
Gross profit
$2.35B
Operating income
$1.38B
Net income
$912.44M
Gross margin
71.8%
Net margin
27.8%
Extra Space Storage's revenue has increased by 15% YoY
Extra Space Storage's gross profit has increased by 13% YoY
Extra Space Storage's operating income has increased by 11% YoY and by 4% QoQ
The company's net income rose by 11% YoY and by 7% QoQ

Price vs fundamentals

How does EXR's price correlate with its fundamentals

Growth

What is Extra Space Storage's growth rate over time

Valuation

What is Extra Space Storage stock price valuation
P/E
34.55
P/B
2.27
P/S
9.62
EV/EBIT
29.64
EV/EBITDA
19.65
EV/Sales
13.65
EXR's P/E is 14% below its last 4 quarters average of 40.1 but 10% above its 5-year quarterly average of 31.4
The company's EPS rose by 7% QoQ but it fell by 2.7% YoY
The P/B is 57% lower than the 5-year quarterly average of 5.3 and 5% lower than the last 4 quarters average of 2.4
Extra Space Storage's equity has decreased by 2.9% YoY
EXR's price to sales (P/S) is 20% lower than its 5-year quarterly average of 12.0 and 8% lower than its last 4 quarters average of 10.4
Extra Space Storage's revenue has increased by 15% YoY

Efficiency

How efficient is Extra Space Storage business performance
EXR's ROA is down by 9% YoY but it is up by 7% QoQ
The company's return on equity fell by 8% YoY but it rose by 7% QoQ
Extra Space Storage's ROIC has decreased by 5% YoY but it has increased by 2.8% from the previous quarter
The company's return on sales rose by 4.1% QoQ

Dividends

What is EXR's dividend history
DPS
$6.48
Dividend yield
4.35%
Payout ratio
150.3%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Extra Space Storage financials performed over time
EXR's total assets is 104% greater than its total liabilities
The company's total liabilities rose by 17% YoY
EXR's total assets is up by 6% year-on-year
The company's debt is 4.6% lower than its equity
The debt to equity has grown by 19% YoY and by 2.2% from the previous quarter
The company's debt rose by 16% YoY

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