Extra Space Storage, Inc. logo

Extra Space Storage, Inc. (EXR)

Common Stock · Currency in USD · XNYS

Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.

Company Info

SIC6798
Composite FIGIBBG000PV27K3
CIK0001289490
IPOAug 12, 2004
Sectorreal estate investment trusts

Highlights

Market Cap$28.26B
EPS$3.12
P/E Ratio40.60
Revenue$3.40B
Gross Profit$2.49B
Net Income$696.13M
Employees8,393
WSO211,137,672
Phone801-562-5556

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Extra Space Storage, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Extra Space Storage, Inc. (EXR) has returned 2.92% so far this year and -2.63% over the past 12 months. Looking at the last ten years, EXR has achieved an annualized return of 3.60%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

EXR

1M-9.43%
6M-6.48%
YTD2.92%
1Y-2.63%
5Y-0.73%
10Y3.60%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Extra Space Storage, Inc. (EXR) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
20266.08%9.61%-12.31%2.32%
20253.05%-0.29%-2.58%-1.80%3.09%-1.92%-8.83%4.62%-0.82%-5.68%0.91%-1.53%
2024-9.65%-2.19%4.53%-8.66%4.29%6.62%3.48%9.21%2.15%-9.99%4.69%-12.49%
20236.80%5.05%0.27%-0.47%-4.67%3.45%-6.12%-8.07%-6.20%-14.70%25.25%22.68%
2022-12.69%-5.39%7.85%-7.70%-6.85%-4.89%10.82%5.67%-12.57%1.43%-10.37%-8.46%
2021-1.68%9.48%4.52%11.70%0.75%9.32%6.71%6.07%-10.29%16.59%1.10%12.23%
20204.53%-9.36%-5.34%-4.66%11.40%-4.62%11.69%3.89%8.05%-3.28%2.59%
20199.43%-2.77%6.39%2.66%3.54%-1.38%5.38%8.09%-4.08%-3.64%-5.62%-0.10%
2018-4.87%1.81%2.63%2.40%7.35%3.44%-5.78%0.48%-5.94%3.60%6.44%-5.70%
2017-6.73%10.42%-5.76%0.69%2.31%0.83%1.11%-2.60%2.83%1.71%4.62%2.19%
2016-8.90%9.40%0.05%-7.14%-6.34%-1.42%-7.69%-3.97%10.58%

Performance Indicators

The charts below present risk-adjusted performance metrics for Extra Space Storage, Inc. (EXR) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00EXR: -0.23SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00EXR: -0.31SPY: 1.40

Omega ratio

0.501.001.502.00EXR: 0.96SPY: 1.22

Calmar ratio

0.002.004.006.00EXR: -0.49SPY: 1.20

Martin ratio

0.001.003.00EXR: -0.05SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of EXR compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Extra Space Storage, Inc. volatility is 1.50%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

20252023202220212020201920182017201620152014201320122011
Liabilities And Equity (USD)29.26B27.46B12.17B10.47B9.40B8.53B7.85B7.46B7.09B6.07B4.40B3.98B3.22B2.52B
Equity Attributable To Parent (USD)13.43B14.39B3.26B3.12B2.55B2.54B2.41B2.35B2.24B2.09B1.74B1.76B1.49B1.02B
Equity Attributable To Noncontrolling Interest (USD)890.87M1.02B818.68M669.48M388.35M381.73M371.70M373.06M351.27M283.53M174.56M173.43M53.52M54.81M
Equity (USD)14.32B15.41B4.08B3.79B2.94B2.92B2.79B2.72B2.60B2.37B1.91B1.93B1.55B1.07B
Noncurrent Liabilities (USD)--------------
Current Liabilities (USD)14.94B12.04B8.09B6.69B6.46B5.61B5.06B4.73B4.50B3.70B2.49B2.05B1.68B1.44B
Liabilities (USD)14.94B12.04B8.09B6.69B6.46B5.61B5.06B4.73B4.50B3.70B2.49B2.05B1.68B1.44B
Fixed Assets (USD)65.15M48.70M42.81M-----------
Noncurrent Assets (USD)--------------
Current Assets (USD)29.26B27.46B12.17B10.47B9.40B8.53B7.85B7.46B7.09B6.07B4.40B3.98B3.22B2.52B
Assets (USD)29.26B27.46B12.17B10.47B9.40B8.53B7.85B7.46B7.09B6.07B4.40B3.98B3.22B2.52B

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Extra Space Storage Inc. Announces 1st Quarter 2026 Dividend

Extra Space Storage Inc. (NYSE:EXR) announced a first quarter 2026 dividend of $1.62 per share, payable on March 31, 2026, to stockholders of record as of March 16, 2026. The company, headquartered in Salt Lake City, is the largest self-storage operator in the United States, owning and/or operating 4,238 properties comprising approximately 2.9 million units.

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Extra Space Storage Inc. Announces Tax Reporting Information for 2025 Distributions

Extra Space Storage Inc. (NYSE: EXR) announced the tax allocations for its 2025 dividend distributions on common stock. Of the total capital gain distribution, 76.38% is excluded under Treasury Regulation §1.1061-4(b)(7), while the remaining 23.62% qualifies as a Three Year Amount. The company noted that this information is preliminary and may be subject to adjustment upon completion of tax filings.

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The article highlights three top Real Estate Investment Trusts (REITs) with strong dividend growth potential: Extra Space Storage, Realty Income, and Rexford Industrial Realty. These companies have consistently increased dividend payments and offer attractive yields for long-term investors.

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Extra Space Storage Inc. Announces 4th Quarter 2025 Dividend

Extra Space Storage Inc. declared a fourth quarter 2025 dividend of $1.62 per share, payable on December 31, 2025, to stockholders of record as of December 15, 2025.

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Extra Space Storage Inc. Announces 3rd Quarter 2025 Dividend

Extra Space Storage Inc. declared a quarterly dividend of $1.62 per share, payable on September 30, 2025, to stockholders of record as of September 15, 2025.

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Extra Space Storage Inc. Announces 2nd Quarter 2025 Dividend

Extra Space Storage Inc. has declared a second quarter 2025 dividend of $1.62 per share, payable on June 30, 2025, to stockholders of record as of June 16, 2025.

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Extra Space Storage Reports Mixed Q4

Extra Space Storage reported mixed Q4 2024 earnings, with strong growth in net income and FFO despite a slight revenue miss. The company's strategic expansions and operational efficiencies drove the positive results, though it faced some cost pressures from higher property taxes.

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