EXR Extra Space Storage Inc

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

Price (delayed)

$154.89

Market cap

$20.91B

P/E Ratio

24.16

Dividend/share

$6

EPS

$6.41

Enterprise value

$28.38B

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 gross profit has increased by 23% YoY and by 4.3% from the previous quarter
Extra Space Storage's revenue has increased by 22% YoY and by 4.3% QoQ
The company's net income fell by 7% QoQ but it rose by 4% YoY
The company's EPS fell by 7% QoQ but it rose by 3.4% YoY
The company's debt rose by 22% YoY and by 4.6% QoQ
Sector: Real Estate
Industry: REIT - Industrial
Peers: UHAL SP ELS STAR

Key stats

What are the main financial stats of EXR
Market
Shares outstanding
134.99M
Market cap
$20.91B
Enterprise value
$28.38B
Valuations
Price to earnings (P/E)
24.16
Price to book (P/B)
6.36
Price to sales (P/S)
10.79
EV/EBIT
25.78
EV/EBITDA
20.4
EV/Sales
14.75
Earnings
Revenue
$1.92B
EBIT
$1.1B
EBITDA
$1.39B
Free cash flow
-$138.2M
Per share
EPS
$6.41
Free cash flow per share
-$1.03
Book value per share
$24.34
Revenue per share
$14.35
TBVPS
$90.77
Balance sheet
Total assets
$12.17B
Total liabilities
$8.09B
Debt
$7.56B
Equity
$3.26B
Working capital
N/A
Liquidity
Debt to equity
2.32
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.37
Margins
EBITDA margin
72.3%
Gross margin
75.6%
Net margin
44.7%
Operating margin
54.6%
Efficiency
Return on assets
7.5%
Return on equity
26.6%
Return on invested capital
6%
Return on capital employed
N/A
Return on sales
57.2%
Dividend
Dividend yield
3.87%
DPS
$6
Payout ratio
93.6%

EXR stock price

How has the Extra Space Storage stock price performed over time
Intraday
-2.38%
1 week
-1.71%
1 month
0.38%
1 year
-20.87%
YTD
5.24%
QTD
5.24%

Financial performance

How have Extra Space Storage's revenue and profit performed over time
Revenue
$1.92B
Gross profit
$1.46B
Operating income
$1.05B
Net income
$860.69M
Gross margin
75.6%
Net margin
44.7%
Extra Space Storage's gross profit has increased by 23% YoY and by 4.3% from the previous quarter
Extra Space Storage's revenue has increased by 22% YoY and by 4.3% QoQ
The company's net margin fell by 15% YoY and by 11% QoQ
The company's operating margin fell by 12% YoY and by 8% QoQ

Growth

What is Extra Space Storage's growth rate over time

Valuation

What is Extra Space Storage stock price valuation
P/E
24.16
P/B
6.36
P/S
10.79
EV/EBIT
25.78
EV/EBITDA
20.4
EV/Sales
14.75
EXR's P/E is 15% below its 5-year quarterly average of 29.2 and 7% below its last 4 quarters average of 26.7
The company's EPS fell by 7% QoQ but it rose by 3.4% YoY
The P/B is 9% lower than the last 4 quarters average of 7.2 but 5% higher than the 5-year quarterly average of 6.2
Extra Space Storage's equity has increased by 4.6% YoY
Extra Space Storage's revenue has increased by 22% YoY and by 4.3% QoQ
EXR's price to sales (P/S) is 16% lower than its last 4 quarters average of 13.1 and 7% lower than its 5-year quarterly average of 11.9

Efficiency

How efficient is Extra Space Storage business performance
EXR's ROA is down by 12% YoY and by 11% QoQ
The company's return on sales fell by 11% YoY and by 7% QoQ
Extra Space Storage's ROIC has decreased by 9% YoY and by 8% from the previous quarter
The company's return on equity fell by 8% QoQ and by 3.6% YoY

Dividends

What is EXR's dividend history
Dividend details
DPS
$6
Dividend yield
3.87%
Payout ratio
93.6%
Recent dividends

Financial health

How did Extra Space Storage financials performed over time
EXR's total assets is 50% greater than its total liabilities
The company's total liabilities rose by 21% YoY and by 4.1% QoQ
EXR's total assets is up by 16% year-on-year and by 2.8% since the previous quarter
The company's debt is 132% higher than its equity
The company's debt rose by 22% YoY and by 4.6% QoQ
The debt to equity has grown by 17% YoY and by 4.5% from the previous quarter

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