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Overview
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Extra Space Storage stock

EXR
US30225T1025
A0B7S6

Price

166.06
Today +/-
+2.29
Today %
+1.47 %

Extra Space Storage stock price

%
Weekly
Details

Price

ⓘ

Overview

The Quote Chart provides detailed and dynamic insights into the Extra Space Storage stock's performance, showcasing daily, weekly, or monthly aggregated quotes. Users can switch between different time frames to analyze the stock's progression meticulously and make informed investment decisions.

Intraday Feature

The intraday feature provides real-time data, allowing investors to view the Extra Space Storage stock’s price fluctuations within the trading day, facilitating timely and strategic investment decisions.

Total Return and Relative Price Change

View the total return of the Extra Space Storage stock to gauge its profitability over time. The relative price change, based on the first quote available in the selected timeframe, offers insights into the stock’s performance, assisting in evaluating its investment potential.

Interpretation and Investment

Utilize the comprehensive data presented in the Quote Chart to analyze Extra Space Storage's market trends, price movements, and potential returns. Make informed investment choices by comparing different time frames and evaluating intraday data for optimized portfolio management.

Extra Space Storage Stock Price History

DateExtra Space Storage Price
12/6/2024166.06 undefined
12/5/2024163.64 undefined
12/4/2024164.00 undefined
12/3/2024165.54 undefined
12/2/2024169.73 undefined
11/29/2024170.96 undefined
11/27/2024172.68 undefined
11/26/2024171.68 undefined
11/25/2024170.41 undefined
11/22/2024168.14 undefined
11/21/2024166.88 undefined
11/20/2024165.04 undefined
11/19/2024165.51 undefined
11/18/2024164.90 undefined
11/15/2024164.56 undefined
11/14/2024163.43 undefined
11/13/2024163.71 undefined
11/12/2024162.56 undefined
11/11/2024165.48 undefined
11/8/2024167.70 undefined
11/7/2024164.14 undefined

Extra Space Storage Revenue, EBIT, Net Income

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

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Understanding Revenue, EBIT, and Income

Gain insights into Extra Space Storage, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Extra Space Storage from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Extra Space Storage’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Extra Space Storage. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Extra Space Storage’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Extra Space Storage’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Extra Space Storage’s growth potential.

Extra Space Storage Revenue, EBIT and net profit per share

DateExtra Space Storage RevenueExtra Space Storage EBITExtra Space Storage Net Income
2029e3.64 B undefined0 undefined1.33 B undefined
2028e3.42 B undefined0 undefined1.22 B undefined
2027e3.23 B undefined1.37 B undefined1.12 B undefined
2026e3.2 B undefined1.74 B undefined1.1 B undefined
2025e3.09 B undefined1.67 B undefined1.02 B undefined
2024e3.02 B undefined1.59 B undefined916.96 M undefined
20232.56 B undefined1.24 B undefined801.97 M undefined
20221.92 B undefined1.04 B undefined859.5 M undefined
20211.58 B undefined835.2 M undefined826.5 M undefined
20201.36 B undefined648 M undefined481.1 M undefined
20191.31 B undefined633.8 M undefined419.3 M undefined
20181.2 B undefined588.9 M undefined414.6 M undefined
20171.11 B undefined541.6 M undefined478 M undefined
2016991.9 M undefined461.9 M undefined365.3 M undefined
2015782.3 M undefined364.1 M undefined188.9 M undefined
2014647.2 M undefined288.3 M undefined177.9 M undefined
2013520.6 M undefined222.1 M undefined171.5 M undefined
2012409.4 M undefined162.6 M undefined117 M undefined
2011329.8 M undefined120.5 M undefined50.4 M undefined
2010281.5 M undefined92 M undefined26.3 M undefined
2009280.1 M undefined93.1 M undefined32 M undefined
2008272.7 M undefined94.2 M undefined35.8 M undefined
2007238.9 M undefined84.6 M undefined30.2 M undefined
2006197.3 M undefined60 M undefined14.9 M undefined
2005134.7 M undefined32.7 M undefined-5 M undefined
200465.7 M undefined11.7 M undefined-25.7 M undefined

Extra Space Storage Income Statement, Balance Sheet, Cash Flow Statement

  • Simple

  • Expanded

  • Income Statement

  • Balance Sheet

  • Cashflow

 
REVENUE (B)REVENUE GROWTH (%)GROSS MARGIN (%)GROSS INCOME (B)NET INCOME (B)NET INCOME GROWTH (%)DIV. ()DIV. GROWTH (%)SHARES (M)DOCUMENTS
200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024e2025e2026e2027e2028e2029e
0.020.030.040.070.130.20.240.270.280.280.330.410.520.650.780.991.111.21.311.361.581.922.563.023.093.23.233.423.64
-39.139.3885.71106.1547.0120.8114.292.940.3617.0824.3227.1424.4220.8726.7311.508.249.363.6716.3022.0033.0617.812.423.561.065.756.46
60.8762.5057.1460.0064.9367.0167.6567.2866.0766.9069.3070.1771.3571.7272.2574.5774.9374.8374.0173.5375.9776.6175.0863.7362.2260.0859.4556.2252.80
0.010.020.020.040.090.130.160.180.190.190.230.290.370.460.570.740.830.90.9711.21.471.92000000
-0-0.01-0.02-0.03-0.010.010.030.040.030.030.050.120.170.180.190.370.480.410.420.480.830.860.80.921.021.11.121.221.33
-250.0064.298.70-80.00-380.00114.2916.67-8.57-18.7592.31134.0046.153.516.2194.1530.96-13.391.2114.8071.734.00-6.7514.3611.247.652.468.369.28
-----------------------------
-----------------------------
28.328.328.315.335.559.370.782.491.192.193.6103.8113.1121.4126.9125.9134.2133.2136.4129.6140141.7169.22000000
-----------------------------
Details

Keystats

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Revenue and Growth

The Extra Space Storage Revenue and Revenue Growth are pivotal to understanding the company's financial health and operational efficiency. A consistent increase in revenue indicates a company’s ability to effectively market and sell its products or services, while the revenue growth percentage offers insights into the pace at which the company is expanding over the years.

Gross Margin

The Gross Margin is a crucial metric that showcases the percentage of revenue exceeding the cost of goods sold (COGS). A higher gross margin is indicative of a company’s efficiency in controlling its production costs, thereby promising potential profitability and financial stability.

EBIT and EBIT Margin

EBIT (Earnings Before Interest and Taxes) and EBIT Margin offer deep insights into a company’s profitability, excluding the impacts of interest and taxes. Investors often assess these metrics to gauge the operational efficiency and inherent profitability of a business, separate from its financial structure and tax environment.

Income and Growth

Net Income and its subsequent growth are quintessential for investors looking to understand a company’s profitability. Consistent income growth underscores a company’s ability to enhance its profitability over time, reflecting operational efficiency, strategic competitiveness, and financial health.

Shares Outstanding

Shares outstanding refer to the total number of shares a company has issued. It's instrumental in calculating key metrics like Earnings Per Share (EPS) which is pivotal for investors to evaluate a company’s profitability on a per-share basis, offering a more granular view of financial health and valuation.

Interpreting Year to Year Comparison

Comparing yearly data allows investors to identify trends, assess the company’s growth, and anticipate potential future performance. Analyzing how metrics like revenue, income, and margins change year over year can provide valuable insights into the company’s operational efficiency, competitiveness, and overall financial health.

Expectations and Predictions

Investors often juxtapose the current and past financial data with the market’s expectations. This comparison aids in assessing whether the Extra Space Storage is performing as anticipated, underperforming or outperforming the market predictions, providing pivotal data for investment decisions.

 
ASSETSCASH BALANCE (M)RECEIVABLES (M)OTHER REC. (M)INVENTORIES (M)OTHER CURRENT LIAB. (M)CURRENT ASSETS (M)TANGIBLE ASSETS (B)LONG-T. INVEST. (B)LONG-T. REC. (M)INTANGIBLE ASSETS (M)GOODWILL (M)OTHER NON-CURRENT ASSETS (M)NON-CURRENT ASSETS (B)TOTAL ASSETS (B)LIABILITIESCOMMON STOCK (M)ADDITIONAL PAID-IN CAPITAL (B)RETAINED EARNINGS (M)OTHER EQUITY (M)UNREAL. GAINS/LOSSES (M)EQUITY (B)LIABILITIES (M)PROVISIONS (M)OTHER SHORT-TERM LIAB. (M)SHORT-TERM DEBTS (M)LONG-TERM DEBT PORTION (M)SHORT-TERM REC. (M)LONG-T. LIAB. (B)DEFERRED TAXES (M)OTHER LIAB. (M)LONG-T. LIABILITIES (B)DEBT (B)TOTAL CAPITAL (B)
2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
                                           
6122429711764132472631127487644565766109719399.06
4233225162220233431404449170000000
0000000000000000000000
0000000000000000000000
012555657588911000000085.15
101529661013892157776570175101136615657661097193184.22
0.310.360.681.191.391.811.962.011.942.222.943.654.155.76.777.137.497.968.159.0610.2624.83
0.010.010.010.090.090.120.140.140.140.130.110.090.090.110.080.080.130.340.991.180.881.37
0001200001242084000000558604.77
111526293843434247636720000000116.33
00000000000000000000171170.81
55133459545558494540432732143015519556.02
0.320.370.721.361.572.022.22.252.172.453.153.794.275.936.867.247.638.319.1610.2511.8827.1
0.330.380.751.421.672.052.292.412.252.523.223.964.376.066.937.297.698.379.2710.3211.9727.29
                                           
648001111111111111111112.11
-0-00.350.630.820.831.131.141.151.291.741.9722.432.572.572.642.8733.293.3514.75
-34-53-105-144-179-205-253-254-263-264-235-226-258-338-339-253-263-301-355-128-136-379.02
000-20-10-1-6-8-1410-1-6173335-29-99-434917.44
0000000000000000000000
0.030.020.240.480.640.620.880.880.881.021.491.761.742.092.252.352.412.542.553.123.2614.39
23273131131353335465261668310196101111130142172334.52
11234000000000000275263233229236.52
0002303200011220000000
0000003676421000000000
000000000000000000031.8637.150
24285181831414142525664688510396101386393406.86438.15571.03
0.230.270.470.870.951.321.291.41.251.361.581.962.353.544.314.554.815.055.756.037.4811.16
000000000003511100000000
2738519251816172228442048687687150178320287211310.93
0.260.310.480.890.971.341.31.421.271.391.621.982.43.624.394.644.965.226.076.317.6911.47
0.280.340.480.90.991.371.341.461.311.441.682.052.473.74.54.745.065.616.466.728.1312.04
0.310.360.731.391.641.992.222.352.192.463.173.84.215.796.747.097.488.159.019.8411.3926.43
Details

Balance Sheet

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Understanding the Balance Sheet

The balance sheet of Extra Space Storage provides a detailed financial snapshot, revealing the company's assets, liabilities, and equity at a specific point in time. Analyzing these components is crucial for investors looking to understand Extra Space Storage's financial health and stability.

Assets

Extra Space Storage's assets represent everything the company owns or controls that has monetary value. These are categorized into current and non-current assets, offering insights into the company's liquidity and long-term investments.

Liabilities

Liabilities are obligations that Extra Space Storage must settle in the future. Analyzing the ratio of liabilities to assets provides insights into the company's financial leverage and risk exposure.

Equity

Equity refers to the residual interest in the assets of Extra Space Storage after deducting liabilities. It represents the owners’ claim on the company’s assets and earnings.

Year-to-Year Analysis

Comparing balance sheet figures year-to-year allows investors to identify trends, growth patterns, and potential financial risks, facilitating informed investment decisions.

Interpreting the Data

Detailed analysis of assets, liabilities, and equity can provide investors with comprehensive insights into Extra Space Storage's financial standing, aiding in investment evaluations and risk assessments.

 
NET INCOME (M)DEPRECIATION (M)DEFERRED TAXES (M)CHANGES IN WORKING CAPITAL (M)NON-CASH ITEM (M)PAID INTEREST (M)PAID TAXES (M)NET CASH FLOW FROM OPERATING ACTIVITIES (B)CAPITAL EXPENDITURES (M)CASH FLOW FROM INVESTING ACTIVITIES (M)CASH FLOW FROM OTHER INVESTING ACTIVITIES (M)INTEREST INCOME AND EXPENSES (M)NET DEBT CHANGE (B)NET CHANGE IN EQUITY (M)CASH FLOW FROM FINANCING ACTIVITIES (B)CASH FLOW FROM OTHER FINANCING ACTIVITIES (M)TOTAL DIVIDENDS PAID (M)NET CHANGE IN CASH FLOW (M)FREE CASH FLOW (M)SHARE-BASED COMPENSATION (M)
20012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023
-4-9-17-18-5143543393358127185195209397514447451517877921850
35615313739495250587495115133182193209219224241288506
00000000000000000000000
00-1-5-171413-7-171725121098-2815017-22360
-36319101516102325-7-172120-41-71174927-1271373
111217303747556264606165667589122136159174159152197338
0000000046001311450105261922
-0.010-0.01-0.010.020.080.10.10.080.10.140.220.270.340.370.540.60.680.710.770.951.241.4
-48-65-63-266-101-210-231-195-106-107-207-608-362-531-384-1,114-692-491-411-394-1,293-1,376-436
-8-69-59-261-614-239-254-224-104-83-251-606-367-564-1,625-1,032-353-443-621-955-837-1,648-1,818
39-345-513-29-23-28223-441-4-33-1,2418233947-210-560455-272-1,381
00000000000000000000000
00.050.040.090.380.070.17-0.020.14-0.060.020.060.160.381.140.760.220.120.210.690.211.381.57
000264271195127805131439211344812419120140277-67-5
0.020.070.070.280.60.210.10.170.09-0.110.090.40.190.151.290.46-0.22-0.25-0.090.24-0.170.430.42
151928-66-12-6-16-10-18-15-14-21-21-29-37-51-41-35-37-22-50-71-99
000-10-34-50-60-79-32-35-52-88-163-210-269-367-393-424-458-467-601-805-1,046
50512442-534668-85-20496-7928-3128-13-157-51217
-53-64-71.9-273-84.2-133.9-129.1-97.3-25.4-2.8-62.8-393-91.6-194.3-16.9-575.5-95.4186.4296.7376.7-340.8-138.2965.59
00000000000000000000000

Extra Space Storage stock margins

The Extra Space Storage margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Extra Space Storage. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Extra Space Storage.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details

Margin

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Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Extra Space Storage's sales revenue. A higher gross margin percentage indicates that the Extra Space Storage retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Extra Space Storage's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Extra Space Storage's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Extra Space Storage's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Extra Space Storage. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Extra Space Storage's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Extra Space Storage Margin History

Extra Space Storage Gross marginExtra Space Storage Profit marginExtra Space Storage EBIT marginExtra Space Storage Profit margin
2029e75.08 %0 %36.59 %
2028e75.08 %0 %35.63 %
2027e75.08 %42.41 %34.77 %
2026e75.08 %54.49 %34.3 %
2025e75.08 %54.01 %32.99 %
2024e75.08 %52.79 %30.4 %
202375.08 %48.31 %31.32 %
202276.63 %53.93 %44.67 %
202175.95 %52.95 %52.4 %
202073.54 %47.78 %35.47 %
201973.99 %48.44 %32.04 %
201874.83 %49.21 %34.65 %
201774.96 %49.01 %43.26 %
201674.52 %46.57 %36.83 %
201572.26 %46.54 %24.15 %
201471.74 %44.55 %27.49 %
201371.38 %42.66 %32.94 %
201270.22 %39.72 %28.58 %
201169.19 %36.54 %15.28 %
201067.07 %32.68 %9.34 %
200966.33 %33.24 %11.42 %
200867.14 %34.54 %13.13 %
200767.43 %35.41 %12.64 %
200667.26 %30.41 %7.55 %
200565.11 %24.28 %-3.71 %
200460.27 %17.81 %-39.12 %

Extra Space Storage Stock Sales Revenue, EBIT, Earnings per Share

The Extra Space Storage earnings per share therefore indicates how much revenue Extra Space Storage has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Sales per Share
EBIT per share
Earnings per Share
Details

Revenue, EBIT and Earnings per share

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Revenue Per Share

Revenue per share represents the total revenue Extra Space Storage earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Extra Space Storage's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Extra Space Storage’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Extra Space Storage's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Extra Space Storage Revenue, EBIT and net profit per share

DateExtra Space Storage Sales per ShareExtra Space Storage EBIT per shareExtra Space Storage Earnings per Share
2029e17.17 undefined0 undefined6.28 undefined
2028e16.13 undefined0 undefined5.75 undefined
2027e15.25 undefined0 undefined5.3 undefined
2026e15.09 undefined0 undefined5.18 undefined
2025e14.58 undefined0 undefined4.81 undefined
2024e14.23 undefined0 undefined4.33 undefined
202315.13 undefined7.31 undefined4.74 undefined
202213.58 undefined7.32 undefined6.07 undefined
202111.27 undefined5.97 undefined5.9 undefined
202010.46 undefined5 undefined3.71 undefined
20199.59 undefined4.65 undefined3.07 undefined
20188.98 undefined4.42 undefined3.11 undefined
20178.23 undefined4.04 undefined3.56 undefined
20167.88 undefined3.67 undefined2.9 undefined
20156.16 undefined2.87 undefined1.49 undefined
20145.33 undefined2.37 undefined1.47 undefined
20134.6 undefined1.96 undefined1.52 undefined
20123.94 undefined1.57 undefined1.13 undefined
20113.52 undefined1.29 undefined0.54 undefined
20103.06 undefined1 undefined0.29 undefined
20093.07 undefined1.02 undefined0.35 undefined
20083.31 undefined1.14 undefined0.43 undefined
20073.38 undefined1.2 undefined0.43 undefined
20063.33 undefined1.01 undefined0.25 undefined
20053.79 undefined0.92 undefined-0.14 undefined
20044.29 undefined0.76 undefined-1.68 undefined

Extra Space Storage business model

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 is one of the most popular companies on Eulerpool.com.

Extra Space Storage SWOT Analysis

Strengths

Extra Space Storage Inc has several strengths that contribute to its ongoing success in the storage industry.

1. Strong brand reputation: Extra Space Storage Inc is a well-known and respected brand in the market, which helps attract a large customer base and gain customer trust.

2. Extensive network of locations: The company has a widespread presence with numerous storage facilities across the country, allowing it to serve customers in various regions effectively.

3. Diverse range of storage options: Extra Space Storage Inc offers a wide selection of storage unit sizes and types, including climate-controlled units, ensuring it can cater to the unique needs of different customers.

Weaknesses

Despite its success, Extra Space Storage Inc also faces some weaknesses that may pose challenges to its operations.

1. Vulnerability to economic fluctuations: As a non-essential service, the demand for storage units may decline during economic downturns, impacting the company's revenue.

2. Intense competition: The storage industry is highly competitive, with many players offering similar services. This can potentially put pressure on Extra Space Storage Inc's market share and pricing strategy.

3. Dependence on real estate: The company relies heavily on real estate properties to establish storage facilities. Any challenges in securing suitable properties may affect its expansion plans.

Opportunities

Despite the challenges, Extra Space Storage Inc also has various opportunities to grow and enhance its business.

1. Growing demand for storage: The increasing trend of urbanization, downsizing, and e-commerce presents a growing demand for storage solutions. Extra Space Storage Inc can tap into these opportunities by expanding its service offerings.

2. Technological advancements: The integration of technology, such as online booking systems, mobile apps, and smart security features, can improve efficiency and enhance the overall customer experience.

3. Strategic partnerships: Collaborating with moving companies, home staging services, or other complementary businesses can create synergies and provide an additional revenue stream for Extra Space Storage Inc.

Threats

Extra Space Storage Inc faces several external threats that could impact its performance and market position.

1. Legal and regulatory changes: New laws or regulations related to land use, zoning, or environmental compliance can affect the company's ability to acquire or operate storage facilities.

2. Disruption from alternative storage solutions: The emergence of peer-to-peer sharing platforms or alternative storage options, such as garage-sharing or on-demand storage, can pose a threat to the traditional storage industry.

3. Economic downturns: During economic recessions or financial crises, consumer spending may decrease, leading to reduced demand for storage services.

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Extra Space Storage Eulerpool Fair Value

Details

Fair Value

ⓘ

Understanding Fair Value

The fair value of a stock provides insights into whether the stock is currently undervalued or overvalued. It is calculated based on profit, revenue, or dividends and offers a comprehensive perspective of the stock’s intrinsic value.

Income-Based Fair Value

This is calculated by multiplying the earnings per share by the average P/E ratio of the selected past years for smoothing. If the fair value is higher than the current market price, it suggests that the stock is undervalued.

Example 2022

Fair Value Profit 2022 = Earnings per Share 2022 / Average P/E Ratio 2019 - 2021 (3 Years Smoothing)

Revenue-Based Fair Value

It is derived by multiplying the revenue per share by the average price-to-sales ratio of the selected past years for smoothing. An undervalued stock is identified if the fair value exceeds the ongoing market price.

Example 2022

Fair Value Revenue 2022 = Revenue per Share 2022 / Average PSR 2019 - 2021 (3 Years Smoothing)

Dividend-Based Fair Value

This value is determined by dividing the dividend per share by the average dividend yield of the selected past years for smoothing. A higher fair value than the market price indicates an undervalued stock.

Example 2022

Fair Value Dividend 2022 = Dividend per Share 2022 * Average Dividend Yield 2019 - 2021 (3 Years Smoothing)

Expectations and Forecasts

Future expectations provide potential trajectories for stock prices and aid investors in decision-making. The expected values are forecasted figures of fair value, taking into account the growth or decline trends of profit, revenue, or dividend.

Comparative Analysis

Comparing the fair value based on profit, revenue, and dividend provides a holistic overview of the stock’s financial health. Observing the annual and per-annual variations contributes to understanding the consistency and reliability of stock performance.

Extra Space Storage historical P/E ratio, EBIT multiple, and P/S ratio

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Extra Space Storage shares outstanding

The number of shares was Extra Space Storage in 2023 — This indicates how many shares 169.221 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

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  • Max

Number of stocks
Details

Revenue, EBIT and Earnings per share

ⓘ

Revenue Per Share

Revenue per share represents the total revenue Extra Space Storage earns, divided by the number of outstanding shares. It is a crucial metric as it reflects the company's ability to generate sales and signifies growth and expansion potential. Comparing yearly revenue per share allows investors to analyze the consistency in a company’s earnings and predict future trends.

EBIT Per Share

EBIT per share indicates Extra Space Storage's earning before interest and taxes, offering insights into operational profitability excluding the effects of capital structure and tax rates. It can be juxtaposed against revenue per share to gauge the efficiency in converting sales into profits. A consistent increase in EBIT per share over the years underscores operational efficiency and profitability.

Income Per Share

Income per share, or earnings per share (EPS), reveals the portion of Extra Space Storage’s profit allocated to each share of common stock. It’s instrumental in evaluating the profitability and financial health. By comparing it with revenue and EBIT per share, investors discern how effectively a firm translates sales and operational profits into net income.

Expected Values

Expected values are projections of revenue, EBIT, and income per share for forthcoming years. These anticipations, rooted in historical data and market analysis, aid investors in strategizing their investments, evaluating Extra Space Storage's prospective performance, and estimating future stock prices. However, it’s pivotal to consider market volatilities and uncertainties that can influence these projections.

Extra Space Storage dividend history and estimates

In 2023, Extra Space Storage paid a dividend amounting to 6.48 USD. Dividend means that Extra Space Storage distributes a portion of its profits to its owners.

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  • Max

Dividend
Dividend (Estimate)
Details

Dividend

ⓘ

Dividend Overview

The dividend per year chart for Extra Space Storage provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Extra Space Storage’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Extra Space Storage's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Extra Space Storage Dividend History

DateExtra Space Storage Dividend
2029e6.63 undefined
2028e6.63 undefined
2027e6.64 undefined
2026e6.64 undefined
2025e6.6 undefined
2024e6.67 undefined
20236.48 undefined
20226 undefined
20214.5 undefined
20203.6 undefined
20193.56 undefined
20183.36 undefined
20173.12 undefined
20162.93 undefined
20152.24 undefined
20141.81 undefined
20131.45 undefined
20120.85 undefined
20110.56 undefined
20100.4 undefined
20090.38 undefined
20081 undefined
20070.93 undefined
20060.91 undefined
20050.91 undefined
20040.34 undefined

Extra Space Storage dividend payout ratio

In 2023, Extra Space Storage had a payout ratio of 90.77%. The payout ratio indicates the percentage of the company's profits that Extra Space Storage distributes as dividends.

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Payout ratio
Details

Payout ratio

ⓘ

What is Yearly Payout Ratio?

The yearly payout ratio for Extra Space Storage represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Extra Space Storage could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Extra Space Storage's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Extra Space Storage Payout Ratio History

DateExtra Space Storage Payout ratio
2029e90.99 %
2028e91.45 %
2027e90.76 %
2026e90.76 %
2025e92.82 %
2024e88.68 %
202390.77 %
202299.01 %
202176.27 %
202097.04 %
2019115.96 %
2018108.04 %
201787.64 %
2016100.69 %
2015151.35 %
2014123.97 %
201394.77 %
201274.56 %
2011103.7 %
2010133.33 %
2009108.57 %
2008232.56 %
2007222.02 %
2006337.04 %
2005-650 %
2004-20.17 %
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Unfortunately, there are currently no price targets and forecasts available for Extra Space Storage.

Extra Space Storage latest earnings and earnings surprises

DateEPS EstimateEPS ActualQuarterly report
9/30/20241.13 0.91  (-19.65 %)2024 Q3
6/30/20241.04 1.19  (13.92 %)2024 Q2
3/31/20241 1.01  (0.87 %)2024 Q1
12/31/20231.22 1.02  (-16.61 %)2023 Q4
9/30/20230.73 0.96  (31.76 %)2023 Q3
6/30/20231.53 1.5  (-1.9 %)2023 Q2
3/31/20231.42 1.46  (2.83 %)2023 Q1
12/31/20221.48 1.52  (2.78 %)2022 Q4
9/30/20221.61 1.65  (2.64 %)2022 Q3
6/30/20221.48 1.64  (10.56 %)2022 Q2
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8

Eulerpool ESG Scorecard© for the Extra Space Storage stock

Eulerpool World ESG Rating (EESG©)

77/ 100

🌱 Environment

99

👫 Social

99

🏛️ Governance

34

Environment

Scope 1 - Direct Emissions
22,716
Scope 2 - Indirect emissions from purchased energy
85,073
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
107,789
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency

Social

Percentage of female employees47
Percentage of women in management
Percentage of Asian employees3
Share of Asian management
Percentage of Hispanic/Latino employees20
Hispano/Latino Management share
Percentage of Black employees16
Black Management Share
Percentage of white employees52
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Extra Space Storage shareholders

%
Name
Stocks
Change
Date
15.73856 % The Vanguard Group, Inc.33,362,600-62,4876/30/2024
9.24137 % Capital World Investors19,589,8493,353,8226/30/2024
6.89030 % BlackRock Institutional Trust Company, N.A.14,606,055-253,7506/30/2024
6.20994 % State Street Global Advisors (US)13,163,824-271,6086/30/2024
4.14185 % Cohen & Steers Capital Management, Inc.8,779,886-1,919,7126/30/2024
3.23929 % Principal Global Investors (Equity)6,866,656-226,2606/30/2024
3.21187 % Norges Bank Investment Management (NBIM)6,808,521429,1096/30/2024
2.71654 % Geode Capital Management, L.L.C.5,758,513153,6156/30/2024
1.72494 % Capital International Investors3,656,5341,0986/30/2024
1.57934 % MFS Investment Management3,347,879121,2916/30/2024
1
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3
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5
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Extra Space Storage Executives and Management Board

Mr. Joseph Margolis

(62)
Extra Space Storage Chief Executive Officer, Director (since 2005)
Compensation 11.63 M

Mr. Peter Stubbs

(55)
Extra Space Storage Chief Financial Officer, Executive Vice President
Compensation 3.61 M

Mr. Samrat Sondhi

(48)
Extra Space Storage Executive Vice President, Chief Marketing Officer
Compensation 2.89 M

Mr. Noah Springer

(44)
Extra Space Storage Executive Vice President, Chief Strategy and Partnership Officer
Compensation 2.68 M

Nik Gwyn Mcneal

(54)
Extra Space Storage Executive Vice President, Chief Legal Officer
Compensation 2.6 M
1
2
3
4

Extra Space Storage Supply Chain

NameRelationshipTwo-week correlationOne-month correlationThree-Month CorrelationSix-Month CorrelationOne Year CorrelationTwo-Year Correlation
State Street Stock
State Street
SupplierCustomer0,790,480,490,470,330,78
BlackRock Stock
BlackRock
SupplierCustomer0,620,880,700,70-0,020,67
ZipRecruiter A Stock
ZipRecruiter A
SupplierCustomer0,470,760,790,790,01
W. P. Carey Inc. Stock
W. P. Carey Inc.
SupplierCustomer0,230,330,610,430,530,90
Pluralsight, Inc. Stock
Pluralsight, Inc.
SupplierCustomer0,10-0,62-0,71-0,57
Janus International Group Stock
Janus International Group
SupplierCustomer-0,59 -0,270,47-0,370,16
1

Most common questions regarding Extra Space Storage

What values and corporate philosophy does Extra Space Storage represent?

Extra Space Storage Inc represents a set of core values and corporate philosophy centered around customer satisfaction and exceptional service. With a commitment to providing convenient and secure storage solutions, the company prioritizes delivering a positive experience to its customers. Extra Space Storage Inc believes in fostering a culture of integrity, innovation, and teamwork. By emphasizing strong relationships with customers and employees, the company aims to create long-term value and sustainable growth. As a leader in the self-storage industry, Extra Space Storage Inc strives to exceed customer expectations through its dedication to excellence and its strong focus on delivering superior storage solutions.

In which countries and regions is Extra Space Storage primarily present?

Extra Space Storage Inc primarily operates in the United States, with a significant presence across various states. The company has a robust presence in regions such as California, Florida, Texas, and New York, among others. Furthermore, Extra Space Storage Inc has expanded its operations to include several key metropolitan areas, including Los Angeles, Miami, Houston, and New York City. With a focus on providing self-storage solutions, the company's extensive presence allows customers in various states and major cities within the United States to conveniently access Extra Space Storage Inc's services.

What significant milestones has the company Extra Space Storage achieved?

Extra Space Storage Inc has achieved significant milestones since its inception. The company successfully expanded its storage portfolio, establishing a prominent presence in the self-storage industry. It consistently reported strong financial performance, with consistent revenue growth and increasing profitability. Extra Space Storage Inc has also made strategic acquisitions, acquiring numerous properties to enhance its market position. Additionally, the company has been recognized for its commitment to sustainability and eco-friendly practices. It has received accolades for its excellence in customer service and industry leadership. Extra Space Storage Inc has undoubtedly solidified its reputation as a leading provider of self-storage solutions.

What is the history and background of the company Extra Space Storage?

Extra Space Storage Inc is a prominent self-storage real estate investment trust (REIT) that has been serving customers since its establishment in 1977. With headquarters in Salt Lake City, Utah, the company operates over 2,000 self-storage properties across 38 states, making it one of the largest self-storage providers in the United States. Extra Space Storage Inc offers a wide range of storage solutions for individuals and businesses, including climate-controlled units, vehicle storage, and more. With decades of experience in the industry, Extra Space Storage Inc continues to provide reliable and secure storage options, making it a trusted choice for customers nationwide.

Who are the main competitors of Extra Space Storage in the market?

The main competitors of Extra Space Storage Inc in the market include Public Storage, CubeSmart, and Life Storage.

In which industries is Extra Space Storage primarily active?

Extra Space Storage Inc is primarily active in the self-storage industry. As one of the leading providers of storage solutions in the United States, the company operates numerous self-storage facilities across the country. With its extensive network and strong market presence, Extra Space Storage Inc caters to a diverse range of customers, including individuals, businesses, and organizations in need of secure and convenient storage solutions.

What is the business model of Extra Space Storage?

The business model of Extra Space Storage Inc revolves around providing self-storage solutions for individuals and businesses. Extra Space Storage Inc offers a wide range of storage units and facilities with various sizes and features to accommodate different storage needs. By leveraging its well-maintained and secure storage spaces, the company enables customers to conveniently store their belongings or inventory. With its extensive network of storage locations across the United States, Extra Space Storage Inc strives to offer accessible and reliable storage services to its customers.

What is the P/E ratio of Extra Space Storage 2024?

The Extra Space Storage P/E ratio is 30.65.

What is the P/S ratio of Extra Space Storage 2024?

The Extra Space Storage P/S ratio is 9.32.

What is the Quality Investing of Extra Space Storage?

The Quality Investing for Extra Space Storage is 7/10.

What is the revenue of Extra Space Storage 2024?

The expected Extra Space Storage revenue is 3.02 B USD.

How high is the profit of Extra Space Storage 2024?

The expected Extra Space Storage profit is 916.96 M USD.

What is the business model of Extra Space Storage

Extra Space Storage Inc is a leading provider of self-storage solutions with five different business models. The company specializes in renting storage units to individuals and businesses. With a wide range of self-storage services, Extra Space Storage has established itself as a reliable and professional provider in this field. The company operates in various segments, including self-storage, mini storage, climate-controlled storage, vehicle storage units, and business storage. Extra Space Storage Inc offers its customers first-class service quality and uses modern technologies to streamline operations. In addition, Extra Space Storage places a high emphasis on customer service, quality, and reliability. The company offers various products to meet customer requirements. These include storage units of various sizes and configurations, paid services such as transportation or moving assistance, insurance, and other personalized options. With the variety of products and services offered, Extra Space Storage is able to respond to individual customer needs and provide them with tailored solutions. In self-storage, customers are provided with storage units of various sizes. These units can be rented for a specific period of time and are typically equipped with a simple door and lock. This service is ideal for individuals or businesses in need of temporary or long-term storage options. For customers with specific storage requirements, Extra Space Storage offers climate-controlled storage units. These units are equipped with climate control and ventilation to store sensitive items such as antiques, electronic devices, or records. Extra Space Storage also offers storage units for storing vehicles such as boats, RVs, or cars. These storage units are specifically designed to securely and dryly store vehicles. The business storage segment serves as a solution for companies in need of additional space. Here, Extra Space Storage offers specialized storage units with facilities such as office areas or counters, providing customers with a convenient workspace. In addition to the various business models, Extra Space Storage offers its customers an extensive and user-friendly online platform to conveniently and effectively rent storage units. Here, customers can place orders, make payments, and manage their reservations. Overall, Extra Space Storage Inc is a company that has achieved great success through its qualities of customer service, quality, and reliability, as well as the diversity of its products and services. The various business models offer customers tailored solutions, and the company has achieved a strong market position as one of the leading providers of self-storage solutions.

What is the Extra Space Storage dividend?

Extra Space Storage pays a dividend of 6 USD distributed over 4 payouts per year.

How often does Extra Space Storage pay dividends?

Extra Space Storage pays out a dividend 4 times a year.

What is the Extra Space Storage ISIN?

The ISIN of Extra Space Storage is US30225T1025.

What is the Extra Space Storage WKN?

The WKN of Extra Space Storage is A0B7S6.

What is the Extra Space Storage ticker?

The ticker of Extra Space Storage is EXR.

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 3.9 %. 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 3.9 %.

When does Extra Space Storage pay dividends?

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

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 4.03 %.

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 12/31/2024 amounting to 1.62 USD, you needed to have the stock in your portfolio before the ex-date on 12/16/2024.

When did Extra Space Storage pay the last dividend?

The last dividend was paid out on 12/31/2024.

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.

All fundamentals about 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.