Extra Space Storage (EXR) Stock Price

Extra Space Storage Price

🇺🇸NYSE·CLOSED
140.19USD
Market closed
Today +/-
-1.34 USD
Today %
-0.95 %

Extra Space Storage (EXR) — ISIN US30225T1025. The Extra Space Storage stock price was 140.19 USD in 2026. Revenue was 3.2 B USD. Earnings were 1.03 B USD. P/E ratio was 28.74. Extra Space Storage operates in the Real Estate sector.

Extra Space Storage stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Extra Space Storage over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Extra Space Storage stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Extra Space Storage's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Extra Space Storage Stock Price History
DateExtra Space Storage Price
3/12/2026140.19 USD
3/11/2026141.53 USD
3/10/2026146.77 USD
3/9/2026146.30 USD
3/6/2026146.36 USD
3/5/2026147.38 USD
2/26/2026147.73 USD
2/25/2026146.88 USD
2/24/2026149.69 USD
2/23/2026150.41 USD
2/20/2026152.76 USD
2/19/2026146.01 USD
2/18/2026145.72 USD
2/17/2026147.94 USD
2/13/2026146.21 USD
2/12/2026144.35 USD
2/11/2026141.76 USD

Extra Space Storage Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2005
134.7 M USD
32.7 M USD
-5 M USD
Jan 1, 2006
197.3 M USD
60 M USD
14.9 M USD
Jan 1, 2007
238.9 M USD
84.6 M USD
30.2 M USD
Jan 1, 2008
272.7 M USD
94.2 M USD
35.8 M USD
Jan 1, 2009
280.1 M USD
93.1 M USD
32 M USD
Jan 1, 2010
281.5 M USD
92 M USD
26.3 M USD
Jan 1, 2011
329.8 M USD
120.5 M USD
50.4 M USD
Jan 1, 2012
409.4 M USD
162.6 M USD
117 M USD
Jan 1, 2013
520.6 M USD
222.1 M USD
171.5 M USD
Jan 1, 2014
647.2 M USD
288.3 M USD
177.9 M USD
Jan 1, 2015
782.3 M USD
364.1 M USD
188.9 M USD
Jan 1, 2016
991.9 M USD
461.9 M USD
365.3 M USD
Jan 1, 2017
1.11 B USD
541.6 M USD
478 M USD
Jan 1, 2018
1.2 B USD
588.9 M USD
414.6 M USD
Jan 1, 2019
1.31 B USD
633.8 M USD
419.3 M USD

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

Last updated Mar 13, 2026, 11:57 AM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (B USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
2001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025e2026e2027e2028e2029e2030e
0.020.030.040.070.130.20.240.270.280.280.330.410.520.650.780.991.111.21.311.361.581.922.563.263.023.23.333.393.443.6
39.139.3885.71106.1547.0120.8114.292.940.3617.0824.3227.1424.4220.8726.7311.508.249.363.6716.3022.0033.0627.19-7.195.894.031.891.444.71
60.8762.5057.1460.0064.9367.0167.6567.2866.0766.9069.3070.1771.3571.7272.2574.5774.9374.8374.0173.5375.9776.6175.0873.7479.4575.0372.1270.7869.7866.64
0.010.020.020.040.090.130.160.180.190.190.230.290.370.460.570.740.830.90.9711.21.471.922.42.42.42.42.42.42.4
-0-0.01-0.02-0.03-0.010.010.030.040.030.030.050.120.170.180.190.370.480.410.420.480.830.860.80.850.971.031.081.181.21.28
250.0064.298.70-80.00-380.00114.2916.67-8.57-18.7592.31134.0046.153.516.2194.1530.96-13.391.2114.8071.734.00-6.756.4913.366.724.269.202.306.74
----0.910.910.931.000.760.400.560.851.451.812.242.933.123.363.563.604.506.006.486.486.481.624.62---
2.207.53-24.00-47.3740.0051.7970.5924.8323.7630.806.487.695.951.1225.0033.338.00-75.00185.19
28.328.328.315.335.559.370.782.491.192.193.6103.8113.1121.4126.9125.9134.2133.2136.4129.6140141.7169.22211.58211.58211.58211.58211.58211.58211.58
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Extra Space Storage generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Extra Space Storage retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Extra Space Storage's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Extra Space Storage has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Extra Space Storage's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

 
ASSETS
CASH BALANCE (M USD)
RECEIVABLES (M USD)
OTHER REC. (M USD)
INVENTORIES (M USD)
OTHER CURRENT LIAB. (M USD)
CURRENT ASSETS (M USD)
TANGIBLE ASSETS (B USD)
LONG-T. INVEST. (B USD)
LONG-T. REC. (B USD)
INTANGIBLE ASSETS (M USD)
GOODWILL (M USD)
OTHER NON-CURRENT ASSETS (M USD)
NON-CURRENT ASSETS (B USD)
TOTAL ASSETS (B USD)
LIABILITIES
COMMON STOCK (M USD)
ADDITIONAL PAID-IN CAPITAL (B USD)
RETAINED EARNINGS (M USD)
OTHER EQUITY (M USD)
UNREAL. GAINS/LOSSES (M USD)
EQUITY (B USD)
LIABILITIES (M USD)
PROVISIONS (M USD)
OTHER SHORT-TERM LIAB. (M USD)
SHORT-TERM DEBTS (M USD)
LONG-TERM DEBT PORTION (M USD)
SHORT-TERM REC. (B USD)
LONG-T. LIAB. (B USD)
DEFERRED TAXES (M USD)
OTHER LIAB. (M USD)
LONG-T. LIABILITIES (B USD)
DEBT (B USD)
TOTAL CAPITAL (B USD)
20022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
                       
6122429711764132472631127487644565766109719399.06138.22
42332251622202334314044491700000000
00000000000000000000000
00000000000000000000000
012555657588911000000085.15137.49
101529661013892157776570175101136615657661097193184.22275.72
0.310.360.681.191.391.811.962.011.942.222.943.654.155.76.777.137.497.968.159.0610.2624.8325.33
0.010.010.010.090.090.120.140.140.140.130.110.090.090.110.080.080.130.340.991.180.881.371.63
0000.010000000000.080000000.560.61.25
111526293843434247636720000000116.3332.21
00000000000000000000171170.81170.81
55133459545558494540432732143015519556.025.08
0.320.370.721.361.572.022.22.252.172.453.153.794.275.936.867.247.638.319.1610.2511.8827.128.42
0.330.380.751.421.672.052.292.412.252.523.223.964.376.066.937.297.698.379.2710.3211.9727.2928.69
                       
648001111111111111111112.112.12
-0-00.350.630.820.831.131.141.151.291.741.9722.432.572.572.642.8733.293.3514.7514.83
-34-53-105-144-179-205-253-254-263-264-235-226-258-338-339-253-263-301-355-128-136-379.02-899.34
000-20-10-1-6-8-1410-1-6173335-29-99-434917.4412.81
00000000000000000000000
0.030.020.240.480.640.620.880.880.881.021.491.761.742.092.252.352.412.542.553.123.2614.3913.95
23273131131353335465261668310196101111130142172334.52346.52
11234000000000000275263233229236.52705.85
00023032000112200000000
00000036764210000000000
000000000000000000031.8637.1500
0.020.030.010.020.020.030.040.040.040.050.060.060.070.090.10.10.10.390.390.410.440.571.05
0.230.270.470.870.951.321.291.41.251.361.581.962.353.544.314.554.815.055.756.037.4811.1612.46
0000000000035111000000000
2738519251816172228442048687687150178320287211310.93472.4
0.260.310.480.890.971.341.31.421.271.391.621.982.43.624.394.644.965.226.076.317.6911.4712.94
0.280.340.480.90.991.371.341.461.311.441.682.052.473.74.54.745.065.616.466.728.1312.0413.99
0.310.360.731.391.641.992.222.352.192.463.173.84.215.796.747.097.488.159.019.8411.3926.4327.94
Details

Balance Sheet

What Is the Balance Sheet?

The balance sheet is a financial snapshot of Extra Space Storage at a specific point in time. It follows the fundamental equation: Assets = Liabilities + Shareholders' Equity. Unlike the income statement (which covers a period), the balance sheet tells you what the company owns, what it owes, and what belongs to shareholders at a given date.

Assets

Current assets (cash, receivables, inventory) can be converted to cash within 12 months and indicate short-term liquidity. Non-current assets (property, equipment, intangible assets, goodwill) represent long-term investments. A high proportion of cash and short-term investments gives Extra Space Storage financial flexibility to weather downturns, fund acquisitions, or return capital to shareholders.

Liabilities

Current liabilities (accounts payable, short-term debt) are obligations due within one year. Non-current liabilities (long-term debt, pension obligations) are due further out. Key ratio to watch: the debt-to-equity ratio (Total Debt ÷ Shareholders' Equity). A ratio below 1.0 is generally healthy, meaning the company is funded more by equity than debt. Highly leveraged companies amplify both gains and losses.

Shareholders' Equity

Equity is the residual value belonging to shareholders after all debts are paid. It includes retained earnings (accumulated profits not paid out as dividends) and paid-in capital. Rising equity year over year is a positive sign — it means Extra Space Storage is building book value. Declining equity, especially when driven by losses or heavy share buybacks funded by debt, warrants closer scrutiny.

Key Ratios to Derive

From the balance sheet, you can calculate the current ratio (current assets ÷ current liabilities; above 1.5 is comfortable), book value per share (equity ÷ shares outstanding), and return on equity (net income ÷ equity; above 15 % is strong). Tracking these ratios over time reveals whether Extra Space Storage is strengthening or weakening its financial position.

 
NET INCOME (M USD)
DEPRECIATION (M USD)
DEFERRED TAXES (M USD)
CHANGES IN WORKING CAPITAL (M USD)
NON-CASH ITEM (M USD)
PAID INTEREST (M USD)
PAID TAXES (M USD)
NET CASH FLOW FROM OPERATING ACTIVITIES (B USD)
CAPITAL EXPENDITURES (M USD)
CASH FLOW FROM INVESTING ACTIVITIES (M USD)
CASH FLOW FROM OTHER INVESTING ACTIVITIES (M USD)
INTEREST INCOME AND EXPENSES (M USD)
NET DEBT CHANGE (B USD)
NET CHANGE IN EQUITY (M USD)
CASH FLOW FROM FINANCING ACTIVITIES (B USD)
CASH FLOW FROM OTHER FINANCING ACTIVITIES (M USD)
TOTAL DIVIDENDS PAID (M USD)
NET CHANGE IN CASH FLOW (M USD)
FREE CASH FLOW (M USD)
SHARE-BASED COMPENSATION (M USD)
200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
-4-9-17-18-5143543393358127185195209397514447451517877921850900
35615313739495250587495115133182193209219224241288506783
000000000000000000000000
00-1-5-171413-7-171725121098-2815017-2236057
-36319121516102325-7-172120-41-71174927-1271373169
111217303747556264606165667589122136159174159152197338499
000000004600131145010526192233
-0.010-0.01-0.010.020.080.10.10.080.10.140.220.270.340.370.540.60.680.710.770.951.241.41.89
-48-65-63-266-101-210-231-195-106-107-207-608-362-531-384-1,114-692-491-411-394-1,293-1,376-436-799
-8-69-59-261-614-239-254-224-104-83-251-606-367-564-1,625-1,032-353-443-621-955-837-1,648-1,818-1,646
39-345-513-29-23-28223-441-4-33-1,2418233947-210-560455-272-1,381-847
000000000000000000000000
00.050.040.090.380.070.17-0.020.14-0.060.020.060.160.381.140.760.220.120.210.690.211.381.571.26
000264271195127805131439211344812419120140277-67-5-1
0.020.070.070.280.60.210.10.170.09-0.110.090.40.190.151.290.46-0.22-0.25-0.090.24-0.170.430.42-0.2
151928-66-12-6-16-10-18-15-14-21-21-29-37-51-41-35-37-22-50-71-99-86
000-10-34-50-60-79-32-35-52-88-163-210-269-367-393-424-458-467-601-805-1,046-1,375
50512442-534668-85-20496-7928-3128-13-157-5121738
-53-64-71.9-273-84.2-133.9-129.1-97.3-25.4-2.8-62.8-393-91.6-194.3-16.9-575.5-95.4186.4296.7376.7-340.8-138.2965.591,087.76
000000000000000000000000

Extra Space Storage Stock Quarterly Figures

 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
2003 Q12003 Q22003 Q32003 Q42004 Q12004 Q22004 Q32004 Q42005 Q12005 Q22005 Q32005 Q42006 Q12006 Q22006 Q32006 Q42007 Q12007 Q22007 Q32007 Q42008 Q12008 Q22008 Q32008 Q42009 Q12009 Q22009 Q32009 Q42010 Q12010 Q22010 Q32010 Q42011 Q12011 Q22011 Q32011 Q42012 Q12012 Q22012 Q32012 Q42013 Q12013 Q22013 Q32013 Q42014 Q12014 Q22014 Q32014 Q42015 Q12015 Q22015 Q32015 Q42016 Q12016 Q22016 Q32016 Q42017 Q12017 Q22017 Q32017 Q42018 Q12018 Q22018 Q32018 Q42019 Q12019 Q22019 Q32019 Q42020 Q12020 Q22020 Q32020 Q42021 Q12021 Q22021 Q32021 Q42022 Q12022 Q22022 Q32022 Q42023 Q12023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12025 Q22025 Q32025 Q4e2026 Q1e2026 Q2e2026 Q3e2026 Q4e2027 Q1e2027 Q2e2027 Q3e2027 Q4e
899910131822222442444548515253566364656769706969717067687273747884939195109113119126133141152160169167173185197225229244257261263276284281285296307307311323337335332327343353358378412427443475498506503511748797799810824821819841858788807822833814863884891874
12.5011.1130.0038.4622.229.0975.004.762.276.676.251.961.925.6612.501.591.563.082.991.45-1.432.90-1.41-4.291.495.881.391.375.417.6910.71-2.154.4014.743.675.315.885.566.027.805.265.63-1.183.596.946.4914.211.786.555.331.560.774.942.90-1.061.423.863.721.303.864.33-0.59-0.90-1.514.892.921.425.598.993.643.757.224.841.61-0.591.5946.386.550.251.381.73-0.36-0.242.692.02-8.162.411.861.34-2.286.022.430.79-1.91
50.0055.5655.5655.5660.0061.5461.1159.0963.6462.5066.6765.9166.6766.6766.6767.3166.0467.8666.6768.7566.1567.1668.1267.1465.2266.6764.7967.1465.6767.6566.6767.1266.2267.9569.0570.9768.1370.5371.5669.9169.7571.4371.4372.3469.7471.8872.1972.4671.1072.4373.6072.0071.6272.5473.9373.9573.0073.9172.8974.3872.6373.6573.2974.2772.3572.7671.5171.6470.7870.6470.8573.0972.3574.6075.7376.1175.1776.4274.9076.0974.7575.7372.5972.9072.0973.3372.5770.8970.7070.9970.5176.7874.9773.6072.6374.3270.1068.4467.9069.22
45556811131415282930323435353842444345474745464647444648494953586662677879839095102106115122121123134145162164177190193192204207209207218225228225235241240235231243258259282312325333363373385376387543581576594598582579597605605605605605605605605605605
-3-5-5-9-6-11-800-1-20034668994691527-765367881015162022383531342976374154455355718828211782828693215889513010194104107112108102114155202167188268203231220204196202188215212185192262270249165249247258264260269282292279
66.6780.00-33.3383.33-27.27100.0033.3350.0033.3312.50-55.5650.0050.0066.6780.00-125.93-185.71-16.67-40.00100.0016.6714.2925.0050.006.6725.0010.0072.73-7.89-11.439.68-14.71162.07-51.3210.8131.71-16.6717.783.7729.09-88.73925.0042.68-29.914.888.14131.18-59.077.9536.84-22.31-6.9310.642.884.67-3.57-5.5611.7635.9630.32-17.3312.5742.55-24.2513.79-4.76-7.27-3.923.06-6.9314.36-1.40-12.743.7836.463.05-7.78-33.7350.91-0.804.452.33-1.523.464.833.55-4.45
------0.110.230.230.230.230.230.230.230.230.230.230.230.230.250.250.250.250.250.25--0.130.100.100.10-0.140.140.140.140.200.200.200.250.250.400.400.400.400.470.470.470.470.590.590.590.590.780.780.780.780.780.780.780.780.860.860.860.860.900.900.900.900.900.900.901.001.001.251.251.501.501.501.501.621.621.011.621.621.621.621.621.621.621.621.62--------
109.098.70-23.0842.8625.0060.0017.5025.5332.2010.264.6511.1125.0020.008.00-37.6560.40
28.340.228.328.328.3-19.515.237.431.231.937.538.755.75657.168.368.869.270.673.471.779.687.790.885.986.491.591.491.792.392.292.392.89698.999.199.9106.7108.8105.8114.1114117.6112.2121.1121.3121.6121.1122.6124.5130.4131.5124.8142.9133.8124.6132.6132.8133137.6132.7136134.2133.6134.3135.7137.3137.2137.1129.1129.9131139.7140.4140.4140.5141.6142.7141.5142142.9143.5195.3211.54220.02211.59220.3211.4212.05211.94221.31221.31221.31221.31221.31221.31221.31221.31221.31221.31
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Extra Space Storage generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Extra Space Storage retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Extra Space Storage's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Extra Space Storage has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Extra Space Storage's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

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
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2005
65.11 %
24.28 %
-3.71 %
Jan 1, 2006
67.26 %
30.41 %
7.55 %
Jan 1, 2007
67.43 %
35.41 %
12.64 %
Jan 1, 2008
67.14 %
34.54 %
13.13 %
Jan 1, 2009
66.33 %
33.24 %
11.42 %
Jan 1, 2010
67.07 %
32.68 %
9.34 %
Jan 1, 2011
69.19 %
36.54 %
15.28 %
Jan 1, 2012
70.22 %
39.72 %
28.58 %
Jan 1, 2013
71.38 %
42.66 %
32.94 %
Jan 1, 2014
71.74 %
44.55 %
27.49 %
Jan 1, 2015
72.26 %
46.54 %
24.15 %
Jan 1, 2016
74.52 %
46.57 %
36.83 %
Jan 1, 2017
74.96 %
49.01 %
43.26 %
Jan 1, 2018
74.83 %
49.21 %
34.65 %
Jan 1, 2019
73.99 %
48.44 %
32.04 %

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
Date
Sales per Share
EBIT per share
Earnings per Share
Jan 1, 2005
3.79 USD
0.92 USD
-0.14 USD
Jan 1, 2006
3.33 USD
1.01 USD
0.25 USD
Jan 1, 2007
3.38 USD
1.2 USD
0.43 USD
Jan 1, 2008
3.31 USD
1.14 USD
0.43 USD
Jan 1, 2009
3.07 USD
1.02 USD
0.35 USD
Jan 1, 2010
3.06 USD
1 USD
0.29 USD
Jan 1, 2011
3.52 USD
1.29 USD
0.54 USD
Jan 1, 2012
3.94 USD
1.57 USD
1.13 USD
Jan 1, 2013
4.6 USD
1.96 USD
1.52 USD
Jan 1, 2014
5.33 USD
2.37 USD
1.47 USD
Jan 1, 2015
6.16 USD
2.87 USD
1.49 USD
Jan 1, 2016
7.88 USD
3.67 USD
2.9 USD
Jan 1, 2017
8.23 USD
4.04 USD
3.56 USD
Jan 1, 2018
8.98 USD
4.42 USD
3.11 USD
Jan 1, 2019
9.59 USD
4.65 USD
3.07 USD

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 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.

Extra Space Storage Segments

Extra Space Storage Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

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

Details

Historical Valuation Multiples

Price-to-Earnings Ratio (P/E)

The P/E ratio divides Extra Space Storage's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Extra Space Storage's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Extra Space Storage's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Extra Space Storage grows earnings faster than its peers.

Extra Space Storage annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Extra Space Storage shares outstanding

The number of shares was Extra Space Storage in 2025 — This indicates how many shares 211.578 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2005
35.5 M base_Shares
Jan 1, 2006
59.3 M base_Shares
Jan 1, 2007
70.7 M base_Shares
Jan 1, 2008
82.4 M base_Shares
Jan 1, 2009
91.1 M base_Shares
Jan 1, 2010
92.1 M base_Shares
Jan 1, 2011
93.6 M base_Shares
Jan 1, 2012
103.8 M base_Shares
Jan 1, 2013
113.1 M base_Shares
Jan 1, 2014
121.4 M base_Shares
Jan 1, 2015
126.9 M base_Shares
Jan 1, 2016
125.9 M base_Shares
Jan 1, 2017
134.2 M base_Shares
Jan 1, 2018
133.2 M base_Shares
Jan 1, 2019
136.4 M base_Shares

Extra Space Storage Dividend History

23 years of dividend payments

YearAnnual DividendYoY ChangePayments
20261.62USDYTD
Mar 16, 20261.62USD 0.0%1/1
20256.48USD 0.0%
Mar 14, 20251.62USD 0.0%1/4
Jun 16, 20251.62USD 0.0%2/4
Sep 15, 20251.62USD 0.0%3/4
Dec 15, 20251.62USD 0.0%4/4
20246.48USD 0.0%
20236.48USD 8.0%
20226USD 33.3%
20214.5USD 25.0%
20203.6USD 1.1%
20193.56USD 6.0%
20183.36USD 7.7%
20173.12USD 6.5%

Extra Space Storage dividend history and estimates

In 2025, 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.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2005
0.91 USD
0 USD
Jan 1, 2006
0.91 USD
0 USD
Jan 1, 2007
0.93 USD
0 USD
Jan 1, 2008
1 USD
0 USD
Invalid Date
0.38 USD
0.38 USD
Jan 1, 2010
0.4 USD
0 USD
Jan 1, 2011
0.56 USD
0 USD
Jan 1, 2012
0.85 USD
0 USD
Jan 1, 2013
1.45 USD
0 USD
Jan 1, 2014
1.81 USD
0 USD
Jan 1, 2015
2.24 USD
0 USD
Jan 1, 2016
2.93 USD
0 USD
Jan 1, 2017
3.12 USD
0 USD
Jan 1, 2018
3.36 USD
0 USD
Jan 1, 2019
3.56 USD
0 USD

Extra Space Storage dividend payout ratio

In 2025, Extra Space Storage had a payout ratio of 92.82%. The payout ratio indicates the percentage of the company's profits that Extra Space Storage distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2005
-650 %
Jan 1, 2006
337.04 %
Jan 1, 2007
222.02 %
Jan 1, 2008
232.56 %
Jan 1, 2009
108.57 %
Jan 1, 2010
133.33 %
Jan 1, 2011
103.7 %
Jan 1, 2012
74.56 %
Jan 1, 2013
94.77 %
Jan 1, 2014
123.97 %
Jan 1, 2015
151.35 %
Jan 1, 2016
100.69 %
Jan 1, 2017
87.64 %
Jan 1, 2018
108.04 %
Jan 1, 2019
115.96 %

Current Extra Space Storage forecasts and price targets in March 2026

Δ MOM Price Target
0.67 %
Buy37.50 % (9)
Hold58.33 % (14)
Sell4.17 % (1)
12M Price Target
151.98
Last Price
140.18
Currency
USD
12M Return Potential
8.42 %
LTM Return
0 %

Extra Space Storage Earnings Estimates

Extra Space Storage Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
2/19/20261.18USD788.07 MUSD2025 Q4
4/30/20241.2USD686.8 MUSD2024 Q1
2/20/20241.24USD685.84 MUSD2023 Q4
7/31/20231.64USD464.27 MUSD2023 Q2
5/1/20231.47USD438.54 MUSD2023 Q1
2/21/20231.5USD432.91 MUSD2022 Q4
11/1/20221.61USD426.98 MUSD2022 Q3
8/2/20221.48USD397.92 MUSD2022 Q2
5/3/20221.37USD373.07 MUSD2022 Q1
2/23/20221.41USD360.74 MUSD2021 Q4
...

EESG©

Eulerpool ESG Scorecard© for the Extra Space Storage stock

74/100
99
Environment
99
Social
23
Governance
E

Environment

20
Scope 1 - Direct Emissions28,364
Scope 2 - Indirect emissions from purchased energy116,811
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions145,175
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
S

Social

20
Percentage of female employees49
Percentage of women in management
Percentage of Asian employees4
Share of Asian management
Percentage of Hispanic/Latino employees18
Hispano/Latino Management share
Percentage of Black employees18
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
G

Governance (Corporate Governance)

4
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
16.08678%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
7.01806%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
6.62623%
Cohen & Steers Capital Management, Inc.
Cohen & Steers Capital Management, Inc.
6.46580%
State Street Investment Management (US)
State Street Investment Management (US)
3.39254%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
3.36885%
Capital World Investors
Capital World Investors
2.98224%
Principal Global Investors (Equity)
Principal Global Investors (Equity)
2.73907%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
1.68354%
Capital International Investors
Capital International Investors
1.58243%
JP Morgan Asset Management
JP Morgan Asset Management
...

Extra Space Storage Executives and Management Board

JM

Mr. Joseph Margolis

(64)

Chief Executive Officer, Director · since 2005

Compensation12.69 M USD
NS

Mr. Noah Springer

(46)

Executive Vice President, Chief Strategy and Partnership Officer

Compensation3.83 M USD
SS

Mr. Samrat Sondhi

(50)

Executive Vice President, Chief Digital Officer

Compensation3.74 M USD
ZD

Mr. Zachary Dickens

(50)

Executive Vice President, Chief Investment Officer

Compensation3.64 M USD
GM

Ms. Gwyn Mcneal

(56)

Executive Vice President, Chief Legal Officer

Compensation2.6 M USD

Extra Space Storage Supply Chain

Extra Space Storage Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
6 companies
#Name1M3M6M1Y2YTrend
1
0,33
0,61
0,43
0,53
0,90
2
State Street
Supplier
0,48
0,49
0,47
0,33
0,78
3
BlackRock
Supplier
0,88
0,70
0,70
-0,02
0,67
#Name1M3M6M1Y2YTrend
1
0,76
0,79
0,79
0,01
2
-0,62
-0,71
-0,57
3
0,00
-0,27
0,47
-0,37
0,16

Extra Space Storage Research

Soon

Deep-dive analyses, investment theses, and proprietary research — curated by Eulerpool.

Research reports are coming soon

We're building institutional-grade equity research for Extra Space Storage and thousands of other companies.

Most common questions regarding 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.

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.