EXR Extra Space Storage Inc
Price (delayed)
$147.84
Market cap
$31.34B
P/E Ratio
36.68
Dividend/share
$6.48
EPS
$4.03
Enterprise value
$44.23B
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 27% YoY
Extra Space Storage's gross profit has increased by 24% YoY
EXR's P/E is 18% above its 5-year quarterly average of 31.2 but 7% below its last 4 quarters average of 39.8
The company's EPS fell by 15% YoY but it rose by 7% QoQ
The company's debt rose by 16% YoY and by 6% QoQ
Extra Space Storage's equity has decreased by 3.1% YoY
Key stats
What are the main financial stats of EXR
Market
Valuations
Earnings
Shares outstanding
212M
Market cap
$31.34B
Enterprise value
$44.23B
Price to earnings (P/E)
36.68
Price to book (P/B)
2.25
Price to sales (P/S)
9.6
EV/EBIT
30.73
EV/EBITDA
19.9
EV/Sales
13.58
Revenue
$3.26B
Gross profit
$2.35B
Operating income
$1.32B
Net income
$854.68M
EBIT
$1.44B
EBITDA
$2.22B
Free cash flow
$1.09B
Per share
Balance sheet
Liquidity
EPS
$4.03
EPS diluted
$4.03
Free cash flow per share
$5.14
Book value per share
$65.8
Revenue per share
$15.39
TBVPS
$136.35
Total assets
$28.85B
Total liabilities
$13.99B
Debt
$13.03B
Equity
$13.95B
Working capital
N/A
Debt to equity
0.93
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.8
Margins
Efficiency
Dividend
EBITDA margin
68.2%
Gross margin
72.2%
Net margin
26.2%
Operating margin
40.6%
Return on assets
3%
Return on equity
6.1%
Return on invested capital
3.6%
Return on capital employed
N/A
Return on sales
44.2%
Dividend yield
4.38%
DPS
$6.48
Payout ratio
160.8%
EXR stock price
How has the Extra Space Storage stock price performed over time
Intraday
-0.44%
1 week
2.25%
1 month
-3.09%
1 year
0.75%
YTD
-1.18%
QTD
-0.44%
Financial performance
How have Extra Space Storage's revenue and profit performed over time
Revenue
$3.26B
Gross profit
$2.35B
Operating income
$1.32B
Net income
$854.68M
Gross margin
72.2%
Net margin
26.2%
Extra Space Storage's revenue has increased by 27% YoY
Extra Space Storage's gross profit has increased by 24% YoY
The company's net margin fell by 17% YoY but it rose by 4.8% QoQ
Extra Space Storage's operating income has increased by 13% YoY and by 3.6% QoQ
Growth
What is Extra Space Storage's growth rate over time
Valuation
What is Extra Space Storage stock price valuation
P/E
36.68
P/B
2.25
P/S
9.6
EV/EBIT
30.73
EV/EBITDA
19.9
EV/Sales
13.58
EXR's P/E is 18% above its 5-year quarterly average of 31.2 but 7% below its last 4 quarters average of 39.8
The company's EPS fell by 15% YoY but it rose by 7% QoQ
The P/B is 58% lower than the 5-year quarterly average of 5.4 and 6% lower than the last 4 quarters average of 2.4
Extra Space Storage's equity has decreased by 3.1% YoY
Extra Space Storage's revenue has increased by 27% YoY
EXR's price to sales (P/S) is 20% lower than its 5-year quarterly average of 12.1 and 10% lower than its last 4 quarters average of 10.7
Efficiency
How efficient is Extra Space Storage business performance
The company's return on equity fell by 33% YoY but it rose by 7% QoQ
EXR's ROA is down by 25% YoY but it is up by 3.4% QoQ
Extra Space Storage's ROIC has decreased by 16% YoY but it has increased by 2.9% from the previous quarter
The company's return on sales fell by 9% YoY but it rose by 3.3% QoQ
Dividends
What is EXR's dividend history
DPS
$6.48
Dividend yield
4.38%
Payout ratio
160.8%
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 106% greater than its total liabilities
The company's total liabilities rose by 16% YoY and by 7% QoQ
EXR's total assets is up by 5% year-on-year and by 2.8% since the previous quarter
The company's debt is 7% lower than its equity
The debt to equity has grown by 19% YoY and by 7% from the previous quarter
The company's debt rose by 16% YoY and by 6% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.