Price (delayed)
$173.58
Market cap
$36.79B
P/E Ratio
45.56
Dividend/share
$6.48
EPS
$3.81
Enterprise value
$48.43B
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 surged by 56% YoY and by 10% QoQ
Extra Space Storage's gross profit has soared by 51% YoY and by 10% from the previous quarter
The company's debt has surged by 52% YoY and by 2.9% QoQ
EXR's P/E is 50% above its 5-year quarterly average of 30.3 and 40% above its last 4 quarters average of 32.5
Key stats
What are the main financial stats of EXR
Market
Valuations
Earnings
Shares outstanding
211.93M
Market cap
$36.79B
Enterprise value
$48.43B
Price to earnings (P/E)
45.56
Price to book (P/B)
2.59
Price to sales (P/S)
11.64
EV/EBIT
35.77
EV/EBITDA
23.14
EV/Sales
15.35
Revenue
$3.16B
EBIT
$1.35B
EBITDA
$2.09B
Free cash flow
$1.28B
Per share
Balance sheet
Liquidity
EPS
$3.81
Free cash flow per share
$6.05
Book value per share
$66.94
Revenue per share
$14.92
TBVPS
$131.21
Total assets
$27.76B
Total liabilities
$12.63B
Debt
$11.72B
Equity
$14.17B
Working capital
N/A
Debt to equity
0.83
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.56
Margins
Efficiency
Dividend
EBITDA margin
66.3%
Gross margin
72.7%
Net margin
25.5%
Operating margin
40.4%
Return on assets
2.9%
Return on equity
5.6%
Return on invested capital
3.5%
Return on capital employed
N/A
Return on sales
42.9%
Dividend yield
3.73%
DPS
$6.48
Payout ratio
170.1%
EXR stock price
How has the Extra Space Storage stock price performed over time
Intraday
0.01%
1 week
-1.93%
1 month
6.36%
1 year
37.15%
YTD
8.26%
QTD
11.69%
Financial performance
How have Extra Space Storage's revenue and profit performed over time
Revenue
$3.16B
Gross profit
$2.3B
Operating income
$1.27B
Net income
$803.47M
Gross margin
72.7%
Net margin
25.5%
Extra Space Storage's revenue has surged by 56% YoY and by 10% QoQ
Extra Space Storage's gross profit has soared by 51% YoY and by 10% from the previous quarter
The company's net margin fell by 38% YoY and by 11% QoQ
The company's operating margin fell by 24% YoY and by 7% QoQ
Growth
What is Extra Space Storage's growth rate over time
Valuation
What is Extra Space Storage stock price valuation
P/E
45.56
P/B
2.59
P/S
11.64
EV/EBIT
35.77
EV/EBITDA
23.14
EV/Sales
15.35
EXR's P/E is 50% above its 5-year quarterly average of 30.3 and 40% above its last 4 quarters average of 32.5
The company's EPS fell by 38% YoY and by 14% QoQ
The P/B is 55% lower than the 5-year quarterly average of 5.7 but 18% higher than the last 4 quarters average of 2.2
Extra Space Storage's revenue has surged by 56% YoY and by 10% QoQ
EXR's price to sales (P/S) is 10% higher than its last 4 quarters average of 10.6 but 3% lower than its 5-year quarterly average of 12.0
Efficiency
How efficient is Extra Space Storage business performance
The company's return on equity has shrunk by 78% YoY and by 21% QoQ
EXR's ROA has shrunk by 57% YoY and by 17% QoQ
Extra Space Storage's ROIC has decreased by 40% YoY and by 10% from the previous quarter
The company's return on sales fell by 24% YoY and by 7% QoQ
Dividends
What is EXR's dividend history
DPS
$6.48
Dividend yield
3.73%
Payout ratio
170.1%
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 120% greater than its total liabilities
EXR's total assets has surged by 125% year-on-year
The company's total liabilities has surged by 52% YoY and by 3.6% QoQ
The company's debt is 17% lower than its equity
The debt to equity has plunged by 65% YoY but it has grown by 3.8% from the previous quarter
The company's debt has surged by 52% YoY and by 2.9% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.