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Extra Space Storage Inc. logo

Extra Space Storage Inc.

EXR

NYSEReal EstateREIT - Industrial

Open in GoAI

Previous close

$146.81

−$0.45 · -0.31%

Aug 21, 4:00 PM ET

Pre-market

$146.01

−$0.80 · -0.54%

Aug 24, 4:56 AM ET

EXR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

95

Deep Value

Momentum

46

Neutral

Sentiment

68

Bullish

Risk resilience

76

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.

Industry
REIT - Industrial
Sector
Real Estate
Headquarters
US
CEO
Joseph Daniel Margolis
Listed since
Aug 16, 2004
Employees
8,393

Market position

Day range

Current $146.81

52-week range

Current $146.81

Open
$147.45
Previous close
$147.26
Volume
644.31K
0.56× average
Average volume
1.15M
Average daily volume
Market cap
31.02B USD
Beta
1.19
Market reference 1
50-day average
$147.41
-0.40% below average
200-day average
$140.84
+4.24% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
42.42B USD
EV / EBITDA
17.57×
Earnings yield
3.53%
Free cash flow yield
6.63%

Profitability & efficiency

Return on equity
7.25%
Return on assets
3.33%
Return on invested capital
4.89%

Financial health

Current ratio
1.28×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends84%63%41%20%Gross margin, FY2021: 76.44%Gross margin, FY2022: 78.46%Gross margin, FY2023: 77.29%Gross margin, FY2024: 76.31%Gross margin, FY2025: 28.43%Operating margin, FY2021: 60.63%Operating margin, FY2022: 53.44%Operating margin, FY2023: 44.75%Operating margin, FY2024: 39.65%Operating margin, FY2025: 44.09%Net margin, FY2021: 51.42%Net margin, FY2022: 43.79%Net margin, FY2023: 30.71%Net margin, FY2024: 25.61%Net margin, FY2025: 28.84%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 76.44%. Gross margin FY2022 78.46%. Gross margin FY2023 77.29%. Gross margin FY2024 76.31%. Gross margin FY2025 28.43%. Operating margin FY2021 60.63%. Operating margin FY2022 53.44%. Operating margin FY2023 44.75%. Operating margin FY2024 39.65%. Operating margin FY2025 44.09%. Net margin FY2021 51.42%. Net margin FY2022 43.79%. Net margin FY2023 30.71%. Net margin FY2024 25.61%. Net margin FY2025 28.84%.

Income trends

Revenue

3.38B USD+1.19%

Operating income

1.49B USD+12.52%

Net income

974M USD+13.96%
Income trends across reported periods3.63B USD2.61B USD1.58B USD545.76M USDRevenue, FY2021: 1.61B USDRevenue, FY2022: 1.97B USDRevenue, FY2023: 2.62B USDRevenue, FY2024: 3.34B USDRevenue, FY2025: 3.38B USDOperating income, FY2021: 975.95M USDOperating income, FY2022: 1.05B USDOperating income, FY2023: 1.17B USDOperating income, FY2024: 1.32B USDOperating income, FY2025: 1.49B USDNet income, FY2021: 827.65M USDNet income, FY2022: 860.69M USDNet income, FY2023: 803.2M USDNet income, FY2024: 854.68M USDNet income, FY2025: 974M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.61B USD. Revenue FY2022 1.97B USD. Revenue FY2023 2.62B USD. Revenue FY2024 3.34B USD. Revenue FY2025 3.38B USD. Operating income FY2021 975.95M USD. Operating income FY2022 1.05B USD. Operating income FY2023 1.17B USD. Operating income FY2024 1.32B USD. Operating income FY2025 1.49B USD. Net income FY2021 827.65M USD. Net income FY2022 860.69M USD. Net income FY2023 803.2M USD. Net income FY2024 854.68M USD. Net income FY2025 974M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.38B USD3.34B USD2.62B USD1.97B USD1.61B USD
Cost of goods sold2.42B USD790.79M USD594M USD423.35M USD379.3M USD
Gross profit960.17M USD2.55B USD2.02B USD1.54B USD1.23B USD
Selling, general, and administrative186.34M USD282.06M USD223.32M USD174.89M USD120.99M USD
Operating expenses−528.83M USD1.22B USD850.94M USD491.85M USD254.46M USD
Interest income163.2M USD124.42M USD84.86M USD69.42M USD49.7M USD
Interest expense635.13M USD595.07M USD437.82M USD219.17M USD166.18M USD
Depreciation and amortization715.18M USD777.72M USD500.68M USD288.32M USD241.88M USD
Operating income1.49B USD1.32B USD1.17B USD1.05B USD975.95M USD
Net income974M USD854.68M USD803.2M USD860.69M USD827.65M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
4.59
FY2025 · +13.90% year over year
Latest fiscal-year revenue
3.38B USD
FY2025 · +1.19% year over year
Next fiscal-year EPS consensus
4.61
FY2026 · 8 analysts
Next fiscal-year revenue consensus
3.5B USD
FY2026 · 5 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend6.655.74.743.79FY21FY22FY23FY24FY25FY26FY27FY28

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend3.95B3.1B2.25B1.4BFY21FY22FY23FY24FY25FY26FY27FY28

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$159.14

8.40% upside
Past 12 months12-month forecastHigh $172Average $159.14Low $148

Rating distribution

28 ratings
Strong buy00%
Buy1243%
Hold1657%
Sell00%
Strong sell00%

EXR news

prnewswire.com

Extra Space Storage Inc. Announces 3rd Quarter 2025 Dividend

SALT LAKE CITY, Aug. 19, 2026 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a third quarter 2025 dividend of $1.62 per share on…

Read source
zacks.com

APLE vs. EXR: Which Stock Is the Better Value Option?

Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Apple Hospitality REIT (APLE) and Extra Space Storage (EXR). But which of these two companies is the best option for those…

Read source
defenseworld.net

Reviewing Extra Space Storage (NYSE:EXR) and EPR Properties (NYSE:EPR)

EPR Properties (NYSE: EPR - Get Free Report) and Extra Space Storage (NYSE: EXR - Get Free Report) are both real estate companies, but which is the superior business? We will compare the two companies based on the…

Read source
defenseworld.net

Comparing Extra Space Storage (NYSE:EXR) & Gladstone Land (NASDAQ:LANDO)

Gladstone Land (NASDAQ: LANDO - Get Free Report) and Extra Space Storage (NYSE: EXR - Get Free Report) are both real estate companies, but which is the better stock? We will contrast the two companies based on the…

Read source
defenseworld.net

Extra Space Storage Inc (NYSE:EXR) Given Consensus Rating of “Hold” by Brokerages

Extra Space Storage Inc (NYSE: EXR - Get Free Report) has been given an average rating of "Hold" by the sixteen ratings firms that are covering the company, MarketBeat Ratings reports. Ten research analysts have rated…

Read source
defenseworld.net

Extra Space Storage (NYSE:EXR) and Iron Mountain (NYSE:IRM) Financial Comparison

Iron Mountain (NYSE: IRM - Get Free Report) and Extra Space Storage (NYSE: EXR - Get Free Report) are both large-cap real estate companies, but which is the superior business? We will compare the two companies based on…

Read source

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ETFs holding EXR

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Real Estate ETF logoVanguard Real Estate ETFVNQ
Market value
1.19B
Weight
1.62%
AUM
73.1B USD
Expense ratio
0.13%
Price / 1D
$98.50-0.10%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
995.8M
Weight
0.04%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard S&P 500 ETF logoVanguard S&P 500 ETFVOO
Market value
821.05M
Weight
0.05%
AUM
1.7T USD
Expense ratio
0.03%
Price / 1D
$703.71+0.39%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
676.86M
Weight
0.30%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.97+0.53%
iShares Core S&P 500 ETF logoiShares Core S&P 500 ETFIVV
Market value
419.35M
Weight
0.05%
AUM
891.84B USD
Expense ratio
0.03%
Price / 1D
$769.31+0.39%
State Street SPDR S&P 500 ETF logoState Street SPDR S&P 500 ETFSPY
Market value
386.85M
Weight
0.05%
AUM
817.87B USD
Expense ratio
0.09%
Price / 1D
$765.72+0.41%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
297.81M
Weight
0.12%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.4+0.54%
State Street Real Estate Select Sector SPDR ETF logoState Street Real Estate Select Sector SPDR ETFXLRE
Market value
266.94M
Weight
3.15%
AUM
8.49B USD
Expense ratio
0.08%
Price / 1D
$45.080.00%

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