RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Extra Space Storage ROE 2024

Extra Space Storage ROE

0.06

Extra Space Storage Dividend yield

Ticker

EXR

ISIN

US30225T1025

WKN

A0B7S6

In 2024, Extra Space Storage's return on equity (ROE) was 0.06, a -78.86% increase from the 0.26 ROE in the previous year.

Extra Space Storage Aktienanalyse

What does Extra Space Storage do?

Extra Space Storage Inc. is a US-based company founded in 1977, headquartered in Salt Lake City, Utah. Originally specializing in the management of industrial and commercial properties, the company has recently focused on the rental of storage space and self-storage solutions. The business model of Extra Space Storage is based on satisfying tenants with the required amount of storage space and a high level of service while generating rental income. The company has a wider network of locations than any other provider of self-storage solutions in the US, offering a variety of storage options including traditional units, climate-controlled units, and self-locking units. Extra Space Storage has over 2,000 locations in the US and Puerto Rico, providing customers with over 1.3 million storage units. The company is expanding its presence in Europe. Extra Space Storage offers a variety of services to meet customer needs, including providing protective covers, packaging materials, secure shredding, and logistics services. Customers can rent storage space online or on-site, and the business models are tailored to the needs of individuals, businesses, and professionals. One aspect that sets Extra Space Storage apart from other providers is its strong investment in technology. The company focuses on an optimized online booking experience and digital overview and payment options. Customers can manage their storage facilities online, and the facilities have cameras, burglar alarms, and fire alarms to ensure security. Extra Space Storage is also committed to supporting a sustainable future and has implemented solar energy and energy efficiency measures in many of its facilities. Overall, Extra Space Storage has become one of the largest and most successful operators of storage space and self-storage solutions. With its wide range of locations, services, and technologies, the company continues to position itself as a leading brand in the industry, aiming to meet the needs of individuals and businesses. Extra Space Storage ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Extra Space Storage's Return on Equity (ROE)

Extra Space Storage's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Extra Space Storage's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Extra Space Storage's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Extra Space Storage’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Extra Space Storage Stock

What is the ROE (Return on Equity) of Extra Space Storage this year?

The ROE of Extra Space Storage this year is 0.06 undefined.

How has the Return on Equity (ROE) of Extra Space Storage developed compared to the previous year?

The ROE of Extra Space Storage has increased by -78.86% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Extra Space Storage?

A high ROE indicates that Extra Space Storage generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Extra Space Storage?

A low ROE can indicate that Extra Space Storage is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Extra Space Storage affect the company?

A change in ROE (Return on Equity) of Extra Space Storage can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Extra Space Storage?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Extra Space Storage?

Some factors that can influence Extra Space Storage's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Extra Space Storage pay?

Over the past 12 months, Extra Space Storage paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Extra Space Storage is expected to pay a dividend of 6.6 USD.

What is the dividend yield of Extra Space Storage?

The current dividend yield of Extra Space Storage is .

When does Extra Space Storage pay dividends?

Extra Space Storage pays a quarterly dividend. This is distributed in the months of August, October, January, April.

How secure is the dividend of Extra Space Storage?

Extra Space Storage paid dividends every year for the past 26 years.

What is the dividend of Extra Space Storage?

For the upcoming 12 months, dividends amounting to 6.6 USD are expected. This corresponds to a dividend yield of 4.35 %.

In which sector is Extra Space Storage located?

Extra Space Storage is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Extra Space Storage kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Extra Space Storage from 3/29/2024 amounting to 1.62 USD, you needed to have the stock in your portfolio before the ex-date on 3/14/2024.

When did Extra Space Storage pay the last dividend?

The last dividend was paid out on 3/29/2024.

What was the dividend of Extra Space Storage in the year 2023?

In the year 2023, Extra Space Storage distributed 6 USD as dividends.

In which currency does Extra Space Storage pay out the dividend?

The dividends of Extra Space Storage are distributed in USD.

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Andere Kennzahlen von Extra Space Storage

Our stock analysis for Extra Space Storage Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Extra Space Storage Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.