EXR Extra Space Storage Inc

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

Price (delayed)

$172.37

Market cap

$23.15B

P/E Ratio

27.85

Dividend/share

$5.5

EPS

$6.19

Enterprise value

$29.33B

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
The company's net income rose by 44% YoY
The company's EPS rose by 40% YoY
The company's debt rose by 13% YoY
Sector: Real Estate
Industry: REIT - Industrial
Peers: UHAL SP ELS STAR

Key stats

What are the main financial stats of EXR
Market
Shares outstanding
134.28M
Market cap
$23.15B
Enterprise value
$29.33B
Valuations
Price to earnings (P/E)
27.85
Price to book (P/B)
7.2
Price to sales (P/S)
13.92
EV/EBIT
28.88
EV/EBITDA
23.12
EV/Sales
17.65
Earnings
Revenue
$1.66B
EBIT
$1.02B
EBITDA
$1.27B
Free cash flow
-$431.87M
Per share
EPS
$6.19
Free cash flow per share
-$3.22
Book value per share
$23.93
Revenue per share
$12.39
TBVPS
$78.94
Balance sheet
Total assets
$10.59B
Total liabilities
$6.71B
Debt
$6.26B
Equity
$3.21B
Working capital
N/A
Liquidity
Debt to equity
1.95
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.87
Margins
EBITDA margin
76.3%
Gross margin
75.4%
Net margin
49.8%
Operating margin
58.4%
Efficiency
Return on assets
8.2%
Return on equity
27%
Return on invested capital
6.4%
Return on capital employed
N/A
Return on sales
61.1%
Dividend
Dividend yield
3.19%
DPS
$5.5
Payout ratio
88.9%

EXR stock price

How has the Extra Space Storage stock price performed over time
Intraday
2.67%
1 week
8.09%
1 month
-1.6%
1 year
5.28%
YTD
-23.98%
QTD
-16.16%

Financial performance

How have Extra Space Storage's revenue and profit performed over time
Revenue
$1.66B
Gross profit
$1.25B
Operating income
$970.19M
Net income
$828.23M
Gross margin
75.4%
Net margin
49.8%
The company's net income rose by 44% YoY
Extra Space Storage's operating income has increased by 29% YoY
Extra Space Storage's gross profit has increased by 26% YoY and by 6% from the previous quarter
Extra Space Storage's revenue has increased by 20% YoY and by 5% QoQ

Growth

What is Extra Space Storage's growth rate over time

Valuation

What is Extra Space Storage stock price valuation
P/E
27.85
P/B
7.2
P/S
13.92
EV/EBIT
28.88
EV/EBITDA
23.12
EV/Sales
17.65
The company's EPS rose by 40% YoY
EXR's P/E is 17% below its last 4 quarters average of 33.6 and 6% below its 5-year quarterly average of 29.5
The P/B is 24% higher than the 5-year quarterly average of 5.8 but 13% lower than the last 4 quarters average of 8.3
Extra Space Storage's equity has increased by 10% YoY and by 3% from the previous quarter
EXR's price to sales (P/S) is 21% higher than its 5-year quarterly average of 11.5 but 16% lower than its last 4 quarters average of 16.5
Extra Space Storage's revenue has increased by 20% YoY and by 5% QoQ

Efficiency

How efficient is Extra Space Storage business performance
EXR's ROA is up by 28% YoY but it is down by 3.5% QoQ
Extra Space Storage's ROIC has increased by 23% YoY but it has decreased by 3% from the previous quarter
The company's return on equity rose by 20% YoY but it fell by 2.2% QoQ
The company's return on sales rose by 11% YoY but it fell by 5% QoQ

Dividends

What is EXR's dividend history
Dividend details
DPS
$5.5
Dividend yield
3.19%
Payout ratio
88.9%
Recent dividends

Financial health

How did Extra Space Storage financials performed over time
EXR's total assets is 58% greater than its total liabilities
EXR's total assets is up by 13% year-on-year
The company's total liabilities rose by 11% YoY
The company's debt is 95% higher than its equity
The company's debt rose by 13% YoY
Extra Space Storage's equity has increased by 10% YoY and by 3% from the previous quarter

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