EXR Extra Space Storage Inc

Price (delayed)

$114.35

Market cap

$14.78B

P/E Ratio

33.63

Dividend/share

$3.6

EPS

$3.4

Enterprise value

$20.24B

Sector: Real Estate
Industry: REIT - Industrial

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 7% YoY
The company's EPS rose by 6% YoY
EXR's P/E is 12% above its last 4 quarters average of 29.9 and 6% above its 5-year quarterly average of 31.8
The company's debt rose by 9% YoY and by 3.6% QoQ

Key stats

What are the main financial stats of EXR
Market
Shares outstanding
129.24M
Market cap
$14.78B
Enterprise value
$20.24B
Valuations
Price to earnings (P/E)
33.63
Price to book (P/B)
6.18
Price to sales (P/S)
11.01
EV/EBIT
32.49
EV/EBITDA
23.89
EV/Sales
15.12
Earnings
Revenue
$1.34B
EBIT
$623.17M
EBITDA
$847.48M
Free cash flow
$472.72M
Per share
EPS
$3.4
Free cash flow per share
$3.67
Book value per share
$18.51
Revenue per share
$10.39
TBVPS
$67.99
Balance sheet
Total assets
$8.76B
Total liabilities
$5.99B
Debt
$5.55B
Equity
$2.39B
Working capital
N/A
Liquidity
Debt to equity
2.32
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
6.45
Margins
EBITDA margin
63.3%
Gross margin
71%
Net margin
32.7%
Operating margin
47.4%
Efficiency
Return on assets
5.1%
Return on equity
18.1%
Return on invested capital
4.5%
Return on capital employed
N/A
Return on sales
46.6%
Dividend
Dividend yield
3.15%
DPS
$3.6
Payout ratio
105.9%

EXR stock price

How has the Extra Space Storage stock price performed over time
Intraday
0.75%
1 week
3.95%
1 month
-2.56%
1 year
7.42%
YTD
8.27%
QTD
6.88%

Financial performance

How have Extra Space Storage's revenue and profit performed over time
Revenue
$1.34B
Gross profit
$950.59M
Operating income
$635.04M
Net income
$438.01M
Gross margin
71%
Net margin
32.7%
The company's net income rose by 7% YoY
Extra Space Storage's revenue has increased by 4.6% YoY
The company's operating margin fell by 3.3% YoY
EXR's gross margin is down by 2.3% year-on-year

Growth

What is Extra Space Storage's growth rate over time

Valuation

What is Extra Space Storage stock price valuation
P/E
33.63
P/B
6.18
P/S
11.01
EV/EBIT
32.49
EV/EBITDA
23.89
EV/Sales
15.12
EXR's P/E is 12% above its last 4 quarters average of 29.9 and 6% above its 5-year quarterly average of 31.8
The company's EPS rose by 6% YoY
The P/B is 24% higher than the 5-year quarterly average of 5.0 and 17% higher than the last 4 quarters average of 5.3
Extra Space Storage's equity has decreased by 5% YoY
EXR's price to sales (P/S) is 14% higher than its last 4 quarters average of 9.7 and 4.9% higher than its 5-year quarterly average of 10.5
Extra Space Storage's revenue has increased by 4.6% YoY

Efficiency

How efficient is Extra Space Storage business performance
The company's return on equity rose by 8% YoY and by 3.4% QoQ
The company's return on sales fell by 2.3% YoY
Extra Space Storage's ROIC has decreased by 2.2% YoY
EXR's ROA is up by 2% YoY

Dividends

What is EXR's dividend history
DPS
$3.6
Dividend yield
3.15%
Payout ratio
105.9%
Recent dividends

Financial health

How did Extra Space Storage financials performed over time
EXR's total assets is 46% greater than its total liabilities
The company's total liabilities rose by 11% YoY and by 3.6% QoQ
EXR's total assets is up by 5% year-on-year and by 2.7% since the previous quarter
The company's debt is 132% higher than its equity
The debt to equity has grown by 15% YoY and by 3.1% from the previous quarter
The company's debt rose by 9% YoY and by 3.6% QoQ

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