Extra Space Storage Inc.
EXR· NYSE· Real Estate Investment Trusts
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 995.1%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +20.0%
We record prices for the companies we cover; EXR is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 211.9M
- Revenue
- $129.5M
- Free cash flow
- $1.3B
- Owner earnings
- $1.3B
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 1091.1%
- Net
- 752.3%
- Free cash flow
- 995.1%
- Owner earnings
- 967.7%
- Stock pay
- 27.4%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 7.3%
- ROE, 5 yr avg
- 14.4%
Growth (CAGR)
- Revenue, 3 yr
- 15.6%
- Revenue, 5 yr
- 20.0%
- Revenue, 9 yr
- 14.0%
- Diluted EPS, 3 yr
- -10.5%
- Diluted EPS, 5 yr
- 4.3%
- Diluted EPS, 9 yr
- 5.2%
- Free cash flow, 3 yr
- 206.2%
- Free cash flow, 5 yr
- –
- Free cash flow, 9 yr
- –
Financial health · FY2025
- Cash and investments
- $138.9M
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 141.1%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 10.3%
Financials: ten years from the 10-Ks
Revenue
$129.5M
+14.0% a year over 9 years
FY2016FY2025
Margins
Operating1091.1%Net752.3%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow$1.3BOwner earnings$1.3B
Free cash flow +206.2% a year
FY2016FY2025
Diluted shares
211.9M
+68.2% over 9 years, net dilution
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $39.8M | $39.4M | $41.8M | $49.9M | $52.1M | $66.3M | $83.9M | $102.0M | $120.9M | $129.5M |
| Revenue growth | – | -1.2% | 6.0% | 19.5% | 4.5% | 27.1% | 26.6% | 21.6% | 18.5% | 7.1% |
| Gross margin | – | – | – | – | – | – | – | – | – | – |
| Operating margin | 1150.3% | 1661.8% | 1484.1% | 1272.7% | 1277.9% | 1472.8% | 1251.9% | 1147.4% | 1095.0% | 1091.1% |
| Net income | $366.1M | $479.0M | $415.3M | $420.0M | $481.8M | $827.6M | $860.7M | $803.2M | $854.7M | $974.0M |
| Net margin | 918.9% | 1216.4% | 994.5% | 841.8% | 924.2% | 1249.0% | 1025.8% | 787.6% | 707.2% | 752.3% |
| Diluted EPS | $2.91 | $3.76 | $3.27 | $3.24 | $3.71 | $6.19 | $6.41 | $4.74 | $4.03 | $4.59 |
| Return on invested capital? | – | – | – | – | – | – | – | – | – | – |
| Cash | ||||||||||
| Operating cash flow | $539.3M | $597.4M | $677.8M | $707.7M | $771.2M | $952.4M | $1.2B | $1.4B | $1.9B | $1.9B |
| Capital expenditure | – | – | – | – | – | – | $1.2B | $135.6M | $479.1M | $561.7M |
| Free cash flow | – | – | – | – | – | – | $44.9M | $1.3B | $1.4B | $1.3B |
| Stock-based compensation | $8.0M | $9.6M | $11.2M | $13.1M | $16.3M | $17.3M | $21.4M | $26.5M | $29.0M | $35.5M |
| Owner earnings? | – | – | – | – | – | – | $23.5M | $1.2B | $1.4B | $1.3B |
| Free cash flow per share | – | – | – | – | – | – | $0.32 | $7.49 | $6.66 | $6.08 |
| Capital allocation | ||||||||||
| Dividends paid | $367.8M | $393.0M | $424.9M | $458.1M | $467.8M | $601.0M | $805.3M | $1.0B | $1.4B | $1.4B |
| Share repurchases | – | – | $0 | $0 | $67.9M | $0 | $63.0M | $0 | $0 | $149.5M |
| Diluted shares | 125.9M | 134.2M | 133.2M | 136.4M | 129.6M | 140.0M | 141.7M | 169.2M | 211.6M | 211.9M |
| Share count change? | -0.8% | 6.5% | -0.7% | 2.5% | -5.0% | 8.0% | 1.2% | 19.4% | 25.0% | 0.1% |
| Balance sheet | ||||||||||
| Cash and equivalents | $43.9M | $55.7M | $57.5M | $65.7M | $109.1M | $71.1M | $92.9M | $99.1M | $138.2M | $138.9M |
| Short-term investments | – | – | – | – | – | – | – | – | – | – |
| Total debt | – | – | – | – | – | – | – | – | – | – |
| Net debt | – | – | – | – | – | – | – | – | – | – |
| Shareholders' equity | $2.2B | $2.4B | $2.4B | $2.5B | $2.5B | $3.1B | $3.3B | $14.4B | $13.9B | $13.4B |
Latest filings
| 2026-10-30 | 10-Q | Quarterly report |
| 2026-10-27 | 8-K | Earnings release |
| 2026-07-31 | 10-Q | Quarterly report |
| 2026-07-28 | 8-K | Earnings release |
| 2026-05-01 | 10-Q | Quarterly report |
| 2026-04-28 | 8-K | Earnings release |
| 2026-04-01 | DEF 14A | Proxy statement |
| 2026-02-20 | 10-K | Annual report |
| 2026-02-19 | 8-K | Earnings release |
| 2025-10-31 | 10-Q | Quarterly report |
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