Company Overview

Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.

  • Name

    Extra Space Storage Inc.

  • CEO

    Mr. Joseph Daniel Margolis J.D.

  • Website

    www.extraspace.com

  • Sector

    Specialized REITs

  • Year Founded

    1977

Profile

  • Market Cap

    $36.79B

  • EV

    $49.36B

  • Shares Out

    211.93M

  • Revenue

    $3,219.55M

  • Employees

    7,618

Margins

  • Gross

    74.3%

  • EBITDA

    68.14%

  • Operating

    45.31%

  • Pre-Tax

    27.13%

  • Net

    24.96%

  • FCF

    54.79%

Returns (5Yr Avg)

  • ROA

    6.23%

  • ROTA

    17.53%

  • ROE

    17.49%

  • ROCE

    8.4%

  • ROIC

    8.15%

Valuation (TTM)

  • P/E

  • P/B

  • P/FFO

  • P/Adjusted FFO

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $170.71

  • P/E

  • PEG

  • P/FFO

  • P/Adjusted FFO

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $108.11M

  • Net Debt

    $11.62B

  • Debt/Equity

    0.77

  • EBIT/Interest

    2.59

Growth (CAGR)

  • Rev 3Yr

    30.11%

  • Rev 5Yr

    20.59%

  • Rev 10Yr

    18.3%

  • Dil EPS 3Yr

    -7.79%

  • Dil EPS 5Yr

    2.52%

  • Dil EPS 10Yr

    9.02%

  • Rev Fwd 2Yr

    13.53%

  • EBITDA Fwd 2Yr

    19.46%

  • EPS Fwd 2Yr

    -6.04%

  • EPS LT Growth Est

    5.35%

Dividends

  • Yield

  • Payout

    167.71%

  • DPS

    $6.48

  • DPS Growth 3Yr

    19.47%

  • DPS Growth 5Yr

    13.24%

  • DPS Growth 10Yr

    14.52%

  • DPS Growth Fwd 2Yr

    2.1%

NYSE:EXR