EXTRA SPACE STORAGE INC (EXR) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:EXR • US30225T1025

138.54 USD
-3.17 (-2.24%)
At close: Feb 5, 2026
140.16 USD
+1.62 (+1.17%)
After Hours: 2/5/2026, 8:22:43 PM
Fundamental Rating

4

Overall EXR gets a fundamental rating of 4 out of 10. We evaluated EXR against 30 industry peers in the Specialized REITs industry. While EXR is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, EXR is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • EXR had positive earnings in the past year.
  • In the past year EXR had a positive cash flow from operations.
  • EXR had positive earnings in each of the past 5 years.
  • EXR had a positive operating cash flow in each of the past 5 years.
EXR Yearly Net Income VS EBIT VS OCF VS FCFEXR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B 1.5B

1.2 Ratios

  • EXR has a better Return On Assets (3.24%) than 66.67% of its industry peers.
  • EXR has a Return On Equity (6.96%) which is in line with its industry peers.
  • EXR has a Return On Invested Capital (4.10%) which is in line with its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for EXR is in line with the industry average of 4.81%.
Industry RankSector Rank
ROA 3.24%
ROE 6.96%
ROIC 4.1%
ROA(3y)4.31%
ROA(5y)5.19%
ROE(3y)12.69%
ROE(5y)16.69%
ROIC(3y)4.86%
ROIC(5y)5.36%
EXR Yearly ROA, ROE, ROICEXR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

  • EXR's Profit Margin of 28.35% is fine compared to the rest of the industry. EXR outperforms 70.00% of its industry peers.
  • In the last couple of years the Profit Margin of EXR has declined.
  • EXR's Operating Margin of 43.52% is fine compared to the rest of the industry. EXR outperforms 70.00% of its industry peers.
  • EXR's Operating Margin has declined in the last couple of years.
  • Looking at the Gross Margin, with a value of 70.74%, EXR is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • EXR's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 43.52%
PM (TTM) 28.35%
GM 70.74%
OM growth 3Y-6.69%
OM growth 5Y-2.35%
PM growth 3Y-20.63%
PM growth 5Y-3.95%
GM growth 3Y-0.98%
GM growth 5Y-0.06%
EXR Yearly Profit, Operating, Gross MarginsEXR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), EXR is destroying value.
  • EXR has more shares outstanding than it did 1 year ago.
  • EXR has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for EXR is higher compared to a year ago.
EXR Yearly Shares OutstandingEXR Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
EXR Yearly Total Debt VS Total AssetsEXR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

2.2 Solvency

  • EXR has an Altman-Z score of 1.34. This is a bad value and indicates that EXR is not financially healthy and even has some risk of bankruptcy.
  • EXR's Altman-Z score of 1.34 is fine compared to the rest of the industry. EXR outperforms 66.67% of its industry peers.
  • EXR has a debt to FCF ratio of 15.11. This is a negative value and a sign of low solvency as EXR would need 15.11 years to pay back of all of its debts.
  • EXR's Debt to FCF ratio of 15.11 is in line compared to the rest of the industry. EXR outperforms 56.67% of its industry peers.
  • A Debt/Equity ratio of 0.95 indicates that EXR is somewhat dependend on debt financing.
  • EXR has a Debt to Equity ratio (0.95) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.95
Debt/FCF 15.11
Altman-Z 1.34
ROIC/WACC0.55
WACC7.52%
EXR Yearly LT Debt VS Equity VS FCFEXR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B 10B

2.3 Liquidity

  • EXR has a Current Ratio of 0.32. This is a bad value and indicates that EXR is not financially healthy enough and could expect problems in meeting its short term obligations.
  • EXR has a worse Current ratio (0.32) than 76.67% of its industry peers.
  • A Quick Ratio of 0.32 indicates that EXR may have some problems paying its short term obligations.
  • EXR has a Quick ratio of 0.32. This is in the lower half of the industry: EXR underperforms 76.67% of its industry peers.
Industry RankSector Rank
Current Ratio 0.32
Quick Ratio 0.32
EXR Yearly Current Assets VS Current LiabilitesEXR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 8.47% over the past year.
  • The Earnings Per Share has been growing slightly by 6.33% on average over the past years.
  • The Revenue has been growing slightly by 3.38% in the past year.
  • EXR shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.01% yearly.
EPS 1Y (TTM)8.47%
EPS 3Y-11.05%
EPS 5Y6.33%
EPS Q2Q%-14.29%
Revenue 1Y (TTM)3.38%
Revenue growth 3Y27.34%
Revenue growth 5Y20.01%
Sales Q2Q%3.48%

3.2 Future

  • EXR is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.17% yearly.
  • Based on estimates for the next years, EXR will show a small growth in Revenue. The Revenue will grow by 3.05% on average per year.
EPS Next Y8.74%
EPS Next 2Y6.26%
EPS Next 3Y5.65%
EPS Next 5Y6.17%
Revenue Next Year1.82%
Revenue Next 2Y3.31%
Revenue Next 3Y3.61%
Revenue Next 5Y3.05%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
EXR Yearly Revenue VS EstimatesEXR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B
EXR Yearly EPS VS EstimatesEXR Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6

More info and screens

Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 30.92, the valuation of EXR can be described as expensive.
  • The rest of the industry has a similar Price/Earnings ratio as EXR.
  • Compared to an average S&P500 Price/Earnings ratio of 27.67, EXR is valued at the same level.
  • Based on the Price/Forward Earnings ratio of 28.20, the valuation of EXR can be described as expensive.
  • EXR's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of EXR to the average of the S&P500 Index (27.20), we can say EXR is valued inline with the index average.
Industry RankSector Rank
PE 30.92
Fwd PE 28.2
EXR Price Earnings VS Forward Price EarningsEXR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as EXR.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of EXR is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 34.43
EV/EBITDA 19.61
EXR Per share dataEXR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates EXR does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.54
PEG (5Y)4.88
EPS Next 2Y6.26%
EPS Next 3Y5.65%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 4.67%, EXR is a good candidate for dividend investing.
  • EXR's Dividend Yield is slightly below the industry average, which is at 5.52.
  • EXR's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 4.67%

5.2 History

  • The dividend of EXR is nicely growing with an annual growth rate of 12.75%!
  • EXR has been paying a dividend for at least 10 years, so it has a reliable track record.
  • EXR has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)12.75%
Div Incr Years0
Div Non Decr Years15
EXR Yearly Dividends per shareEXR Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6

5.3 Sustainability

  • 145.22% of the earnings are spent on dividend by EXR. This is not a sustainable payout ratio.
  • EXR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP145.22%
EPS Next 2Y6.26%
EPS Next 3Y5.65%
EXR Yearly Income VS Free CF VS DividendEXR Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B
EXR Dividend Payout.EXR Dividend Payout, showing the Payout Ratio.EXR Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

EXTRA SPACE STORAGE INC

NYSE:EXR (2/5/2026, 8:22:43 PM)

After market: 140.16 +1.62 (+1.17%)

138.54

-3.17 (-2.24%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)10-29
Earnings (Next)02-19
Inst Owners99.18%
Inst Owner Change-3.49%
Ins Owners0.9%
Ins Owner Change-0.03%
Market Cap29.41B
Revenue(TTM)3.34B
Net Income(TTM)947.44M
Analysts69.6
Price Target154.8 (11.74%)
Short Float %2.46%
Short Ratio4.04
Dividend
Industry RankSector Rank
Dividend Yield 4.67%
Yearly Dividend6.5
Dividend Growth(5Y)12.75%
DP145.22%
Div Incr Years0
Div Non Decr Years15
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-17.3%
Min EPS beat(2)-35.64%
Max EPS beat(2)1.04%
EPS beat(4)3
Avg EPS beat(4)1.35%
Min EPS beat(4)-35.64%
Max EPS beat(4)23.64%
EPS beat(8)5
Avg EPS beat(8)-2.01%
EPS beat(12)8
Avg EPS beat(12)1.62%
EPS beat(16)12
Avg EPS beat(16)5.31%
Revenue beat(2)0
Avg Revenue beat(2)-6.46%
Min Revenue beat(2)-6.61%
Max Revenue beat(2)-6.31%
Revenue beat(4)0
Avg Revenue beat(4)-7.35%
Min Revenue beat(4)-8.65%
Max Revenue beat(4)-6.31%
Revenue beat(8)0
Avg Revenue beat(8)-6.42%
Revenue beat(12)2
Avg Revenue beat(12)-1.84%
Revenue beat(16)6
Avg Revenue beat(16)3.36%
PT rev (1m)-0.67%
PT rev (3m)-3.64%
EPS NQ rev (1m)-0.43%
EPS NQ rev (3m)0.43%
EPS NY rev (1m)-2.26%
EPS NY rev (3m)-3.69%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)1.83%
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)0.39%
Valuation
Industry RankSector Rank
PE 30.92
Fwd PE 28.2
P/S 8.8
P/FCF 34.43
P/OCF 15.55
P/B 2.16
P/tB 2.19
EV/EBITDA 19.61
EPS(TTM)4.48
EY3.23%
EPS(NY)4.91
Fwd EY3.55%
FCF(TTM)4.02
FCFY2.9%
OCF(TTM)8.91
OCFY6.43%
SpS15.75
BVpS64.16
TBVpS63.28
PEG (NY)3.54
PEG (5Y)4.88
Graham Number80.42
Profitability
Industry RankSector Rank
ROA 3.24%
ROE 6.96%
ROCE 5.19%
ROIC 4.1%
ROICexc 4.12%
ROICexgc 4.15%
OM 43.52%
PM (TTM) 28.35%
GM 70.74%
FCFM 25.55%
ROA(3y)4.31%
ROA(5y)5.19%
ROE(3y)12.69%
ROE(5y)16.69%
ROIC(3y)4.86%
ROIC(5y)5.36%
ROICexc(3y)4.89%
ROICexc(5y)5.4%
ROICexgc(3y)4.99%
ROICexgc(5y)5.5%
ROCE(3y)6.15%
ROCE(5y)6.79%
ROICexgc growth 3Y-15.49%
ROICexgc growth 5Y-8.59%
ROICexc growth 3Y-15.27%
ROICexc growth 5Y-8.37%
OM growth 3Y-6.69%
OM growth 5Y-2.35%
PM growth 3Y-20.63%
PM growth 5Y-3.95%
GM growth 3Y-0.98%
GM growth 5Y-0.06%
F-Score6
Asset Turnover0.11
Health
Industry RankSector Rank
Debt/Equity 0.95
Debt/FCF 15.11
Debt/EBITDA 5.9
Cap/Depr 141.76%
Cap/Sales 31.02%
Interest Coverage 2.64
Cash Conversion 86.5%
Profit Quality 90.14%
Current Ratio 0.32
Quick Ratio 0.32
Altman-Z 1.34
F-Score6
WACC7.52%
ROIC/WACC0.55
Cap/Depr(3y)221.95%
Cap/Depr(5y)275.25%
Cap/Sales(3y)37.71%
Cap/Sales(5y)44.84%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.47%
EPS 3Y-11.05%
EPS 5Y6.33%
EPS Q2Q%-14.29%
EPS Next Y8.74%
EPS Next 2Y6.26%
EPS Next 3Y5.65%
EPS Next 5Y6.17%
Revenue 1Y (TTM)3.38%
Revenue growth 3Y27.34%
Revenue growth 5Y20.01%
Sales Q2Q%3.48%
Revenue Next Year1.82%
Revenue Next 2Y3.31%
Revenue Next 3Y3.61%
Revenue Next 5Y3.05%
EBIT growth 1Y3.53%
EBIT growth 3Y18.82%
EBIT growth 5Y17.19%
EBIT Next Year48.97%
EBIT Next 3Y16.38%
EBIT Next 5Y12.01%
FCF growth 1Y-0.03%
FCF growth 3YN/A
FCF growth 5Y29.67%
OCF growth 1Y42.36%
OCF growth 3Y25.61%
OCF growth 5Y21.68%

EXTRA SPACE STORAGE INC / EXR FAQ

What is the fundamental rating for EXR stock?

ChartMill assigns a fundamental rating of 4 / 10 to EXR.


What is the valuation status of EXTRA SPACE STORAGE INC (EXR) stock?

ChartMill assigns a valuation rating of 2 / 10 to EXTRA SPACE STORAGE INC (EXR). This can be considered as Overvalued.


What is the profitability of EXR stock?

EXTRA SPACE STORAGE INC (EXR) has a profitability rating of 5 / 10.


What is the earnings growth outlook for EXTRA SPACE STORAGE INC?

The Earnings per Share (EPS) of EXTRA SPACE STORAGE INC (EXR) is expected to grow by 8.74% in the next year.


Is the dividend of EXTRA SPACE STORAGE INC sustainable?

The dividend rating of EXTRA SPACE STORAGE INC (EXR) is 6 / 10 and the dividend payout ratio is 145.22%.