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Extra Space Storage Inc. (EXR)

NYSE Real Estate REIT - Industrial
$146.76 ▲ +0.14%
Market Cap
$31.01B
Sector
Real Estate
Industry
REIT - Industrial
Beta
1.19
52-Wk Range
125.71-158.88
CEO
Joseph Daniel Margolis
Country
US
Currency
USD

Extra Space Storage Inc. operates in the REIT - Industrial industry of the Real Estate sector, headquartered in Salt Lake City, UT, US. The stock last traded at $146.76, up 0.14% on the session, giving a market capitalisation of $31.01B. On trailing twelve-month figures it carries a trailing P/E of 32.40, a net margin of 28.0%. Its beta of 1.19 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
32.40
Price / Sales
9.05
Price / Book
2.33
EV / EBITDA
14.15
Gross margin
23.0%
Operating margin
43.4%
Net margin
28.0%
Return on equity
Debt / equity
1.09
Current ratio
0.34
Dividend yield
4.4%
Payout ratio
143.1%
Company profile
Exchange
New York Stock Exchange
Employees
8,393
IPO date
2004-08-16
Headquarters
Salt Lake City, UT, US
About Extra Space Storage Inc.

Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.

Comparable companies

Extra Space Storage Inc. is most often compared with the following Real Estate names:

AVBCSGPCUBEEQRINVHIRMPSAREXRSBACVICI
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