RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE

Extra Space Storage ROA 2024

Extra Space Storage ROA

0.03

Extra Space Storage Dividend yield

4.27 %

Ticker

EXR

ISIN

US30225T1025

WKN

A0B7S6

In 2024, Extra Space Storage's return on assets (ROA) was 0.03, a -58.65% increase from the 0.07 ROA 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.

ROA Details

Understanding Extra Space Storage's Return on Assets (ROA)

Extra Space Storage's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Extra Space Storage's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Extra Space Storage's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Extra Space Storage’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Extra Space Storage Stock

What is the Return on Assets (ROA) of Extra Space Storage this year?

The Return on Assets (ROA) of Extra Space Storage is 0.03 undefined this year.

What was the ROA of Extra Space Storage compared to the previous year?

The ROA of Extra Space Storage has increased by -58.65% compared to the previous year.

What consequences do high ROA have for investors of Extra Space Storage?

A high ROA is advantageous for investors of Extra Space Storage, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Extra Space Storage?

A low ROA can be unfavorable for investors of Extra Space Storage as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Extra Space Storage affect the company?

An increase in ROA of Extra Space Storage can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Extra Space Storage impact the company?

A reduction in the ROA of Extra Space Storage can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Extra Space Storage?

Some factors that can influence the ROA of Extra Space Storage include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Extra Space Storage important for investors?

The ROA of Extra Space Storage is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Extra Space Storage take to improve ROA?

To improve ROA, Extra Space Storage can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Extra Space Storage pay?

Over the past 12 months, Extra Space Storage paid a dividend of 6.48 USD . This corresponds to a dividend yield of about 4.27 %. 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 4.27 %.

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.