EXTRA SPACE STORAGE INC (EXR) Stock Fundamental Analysis

NYSE:EXR • US30225T1025

146.36 USD
+2.02 (+1.4%)
At close: Feb 13, 2026
146.36 USD
0 (0%)
After Hours: 2/13/2026, 8:05:52 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

Taking everything into account, EXR scores 4 out of 10 in our fundamental rating. EXR was compared to 28 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. EXR is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year EXR was profitable.
  • In the past year EXR had a positive cash flow from operations.
  • Each year in the past 5 years EXR has been profitable.
  • 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 64.29% of its industry peers.
  • With a Return On Equity value of 6.96%, EXR perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
  • The Return On Invested Capital of EXR (4.10%) is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for EXR is in line with the industry average of 5.06%.
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 67.86% of its industry peers.
  • EXR's Profit Margin has declined in the last couple of years.
  • The Operating Margin of EXR (43.52%) is better than 67.86% of its industry peers.
  • EXR's Operating Margin has declined in the last couple of years.
  • EXR's Gross Margin of 70.74% is in line compared to the rest of the industry. EXR outperforms 50.00% of its industry peers.
  • 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

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ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • EXR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
  • EXR has a worse debt/assets ratio than last year.
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

  • Based on the Altman-Z score of 1.38, we must say that EXR is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.38, EXR is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
  • The Debt to FCF ratio of EXR is 15.11, which is on the high side as it means it would take EXR, 15.11 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 15.11, EXR is in line with its industry, outperforming 57.14% of the companies in the same industry.
  • A Debt/Equity ratio of 0.95 indicates that EXR is somewhat dependend on debt financing.
  • EXR has a Debt to Equity ratio of 0.95. This is in the better half of the industry: EXR outperforms 64.29% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.95
Debt/FCF 15.11
Altman-Z 1.38
ROIC/WACC0.54
WACC7.53%
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

  • A Current Ratio of 0.32 indicates that EXR may have some problems paying its short term obligations.
  • The Current ratio of EXR (0.32) is worse than 75.00% of its industry peers.
  • EXR has a Quick 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 Quick ratio (0.32) than 75.00% 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

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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.
  • The Revenue has been growing by 20.01% on average over the past years. This is a very strong growth!
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

  • Based on estimates for the next years, EXR will show a small growth in Earnings Per Share. The EPS will grow by 5.49% on average per year.
  • Based on estimates for the next years, EXR will show a small growth in Revenue. The Revenue will grow by 2.65% on average per year.
EPS Next Y5.14%
EPS Next 2Y5.9%
EPS Next 3Y5.37%
EPS Next 5Y5.49%
Revenue Next Year1.82%
Revenue Next 2Y3.31%
Revenue Next 3Y3.61%
Revenue Next 5Y2.65%

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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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

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Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 32.67, EXR can be considered very expensive at the moment.
  • EXR's Price/Earnings is on the same level as the industry average.
  • EXR is valuated rather expensively when we compare the Price/Earnings ratio to 26.68, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 30.00, which means the current valuation is very expensive for EXR.
  • The rest of the industry has a similar Price/Forward Earnings ratio as EXR.
  • EXR is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 28.06, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 32.67
Fwd PE 30
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

  • EXR's Enterprise Value to EBITDA is on the same level as the industry average.
  • EXR's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 36.37
EV/EBITDA 20.07
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)6.36
PEG (5Y)5.16
EPS Next 2Y5.9%
EPS Next 3Y5.37%

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

6

5. Dividend

5.1 Amount

  • EXR has a Yearly Dividend Yield of 4.49%, which is a nice return.
  • EXR's Dividend Yield is slightly below the industry average, which is at 5.49.
  • Compared to an average S&P500 Dividend Yield of 1.84, EXR pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.49%

5.2 History

  • On average, the dividend of EXR grows each year by 12.75%, which is quite nice.
  • EXR has paid a dividend for at least 10 years, which is 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 2Y5.9%
EPS Next 3Y5.37%
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

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Find the best dividend stocksShow peers with best dividend

EXTRA SPACE STORAGE INC

NYSE:EXR (2/13/2026, 8:05:52 PM)

After market: 146.36 0 (0%)

146.36

+2.02 (+1.4%)

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-93.14%
Ins Owners0.9%
Ins Owner Change-0.03%
Market Cap31.06B
Revenue(TTM)3.34B
Net Income(TTM)947.44M
Analysts68.33
Price Target154.68 (5.68%)
Short Float %2.46%
Short Ratio4.04
Dividend
Industry RankSector Rank
Dividend Yield 4.49%
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)-0.75%
PT rev (3m)-3.72%
EPS NQ rev (1m)0.11%
EPS NQ rev (3m)0.64%
EPS NY rev (1m)-5.49%
EPS NY rev (3m)-6.66%
Revenue NQ rev (1m)-0.15%
Revenue NQ rev (3m)1.47%
Revenue NY rev (1m)-0.65%
Revenue NY rev (3m)0.29%
Valuation
Industry RankSector Rank
PE 32.67
Fwd PE 30
P/S 9.3
P/FCF 36.37
P/OCF 16.43
P/B 2.28
P/tB 2.31
EV/EBITDA 20.07
EPS(TTM)4.48
EY3.06%
EPS(NY)4.88
Fwd EY3.33%
FCF(TTM)4.02
FCFY2.75%
OCF(TTM)8.91
OCFY6.09%
SpS15.75
BVpS64.16
TBVpS63.28
PEG (NY)6.36
PEG (5Y)5.16
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 1.38
F-Score6
WACC7.53%
ROIC/WACC0.54
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 Y5.14%
EPS Next 2Y5.9%
EPS Next 3Y5.37%
EPS Next 5Y5.49%
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 5Y2.65%
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 5.14% 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%.