Extra Space Storage Inc. logo EXR - Extra Space Storage Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 12
HOLD 16
SELL 0
STRONG
SELL
0
| PRICE TARGET: $153.00 DETAILS
HIGH: $164.00
LOW: $145.00
MEDIAN: $153.00
CONSENSUS: $153.00
UPSIDE: 4.69%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue
Revenue 3,377.5 3,337.9 2,615.1 1,965.6 1,609.7 1,378.6 1,319.7 1,211.1 1,120.3 1,004.8 794.6 657.7 532.3 420.3 329.8 281.5 280.5 273.3 238.9 197.3 134.7 66.0 36.3 31.6 22.8
Cost of Revenue 2,417.4 790.8 594.0 423.4 379.3 358.8 340.3 301.2 276.7 252.7 206.5 183.8 157.7 127.2 101.6 92.7 88.9 89.6 0 64.3 30.6 17.0 0 0 0
Gross Profit 960.2 2,547.1 2,021.1 1,542.2 1,230.4 1,019.8 979.4 909.8 843.6 752.1 588.2 473.9 374.6 293.0 228.2 188.8 191.5 183.7 238.9 132.9 104.2 49.0 36.3 31.6 22.8
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.9 1.2 19.0 1.7 0 0 0 0 0 0 0
SG&A Expenses 186.3 282.1 223.3 174.9 121.0 124.9 114.5 97.4 93.4 90.7 78.3 69.8 54.2 50.5 51.8 44.4 46.0 40.4 36.7 35.6 24.1 12.5 8.3 5.9 6.7
Other Expenses (715.2) 941.7 627.6 317.0 133.5 228.7 229.9 192.7 95.8 203.1 215.2 125.6 106.9 0 58.0 52.3 52.4 49.6 118.3 102.0 78.3 38.8 0 0 20.2
Operating Expenses (528.8) 1,223.8 850.9 491.8 254.5 353.7 344.4 290.1 189.2 293.8 293.5 195.4 161.1 94.3 112.7 98.0 119.7 181.3 155.1 137.6 102.4 51.3 34.9 25.1 20.2
Operating Income
Operating Income 1,489.0 1,323.4 1,170.1 1,050.4 976.0 666.1 635.0 619.7 541.6 449.8 294.7 278.5 213.5 157.2 115.5 90.8 71.9 91.9 83.8 59.7 32.4 11.1 1.4 6.4 2.6
Interest Expense 635.1 595.1 437.8 219.2 166.2 172.3 191.3 183.1 158.6 138.5 99.0 84.0 73.0 72.3 69.1 65.8 69.8 64.6 61.0 0 0 11.1 0 0 0
Interest Income 163.2 124.4 84.9 69.4 49.7 15.2 7.5 5.3 6.7 11.0 8.3 6.5 5.6 6.7 5.9 5.7 6.4 8.2 10.4 0 0 0 0 0 0
Profitability
EBITDA 2,414.4 2,259.7 1,792.4 1,367.4 1,109.4 894.9 864.9 812.4 750.2 661.4 509.9 404.1 320.4 242.6 174.8 144.4 145.4 54.4 39.8 96.8 63.4 52.1 8.2 12.1 5.7
EBIT 1,699.2 1,482.0 1,291.7 1,079.0 867.6 670.4 645.0 603.3 556.9 478.8 376.4 289.0 225.1 168.1 128.6 103.3 106.2 105.6 83.8 59.7 32.4 10.9 0.9 6.4 2.6
Income Before Tax 1,064.1 933.7 872.0 942.1 898.1 531.4 462.4 456.3 517.8 412.9 220.7 203.5 195.5 133.1 52.3 30.8 36.4 46.9 34.6 14.9 (5.0) (18.5) 0 0 0
Income Tax Expense 41.6 33.5 21.6 20.9 20.3 13.8 11.3 9.2 3.6 15.8 11.1 7.6 10.0 5.4 1.2 4.2 4.3 52.0 (1.5) (37.7) (47.7) 33.1 19.7 16.0 7.5
Net Income 974.0 854.7 803.2 860.7 827.6 481.8 420.0 415.3 479.0 366.1 189.5 178.4 172.1 117.3 50.4 26.3 32.0 46.9 36.1 14.9 (5.0) (18.5) (18.3) (9.5) (4.9)
Per Share Data
EPS (Basic) 4.59 4.03 4.74 6.41 6.20 3.71 3.27 3.28 3.79 2.92 1.58 1.54 1.54 1.15 0.55 0.30 0.37 0.61 0.53 0.27 -0.14 -1.21 -4.43 -2.60 -0.82
EPS (Diluted) 4.59 4.03 4.74 6.41 6.19 3.71 3.24 3.12 3.76 2.91 1.56 1.53 1.53 1.14 0.54 0.30 0.37 0.61 0.53 0.27 -0.14 -1.21 -4.43 -2.60 -0.82
Shares Outstanding 211.9 211.6 169.2 134.1 133.4 129.5 128.2 126.7 126.0 125.1 119.8 115.7 111.3 102.3 92.1 87.3 86.3 76.6 64.7 55.0 35.5 15.3 4.1 3.7 6.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Current Assets
Cash & Cash Equivalents 138.9 138.2 99.1 92.9 71.1 109.1 65.7 57.5 55.7 43.9 75.8 47.7 126.7 30.8 26.5 46.8 131.9 64.0 17.4 70.8 28.7 24.3 11.7 0 0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21.8 0 0 0 0 0 0
Net Receivables 1,648.6 1,380.7 739.5 644.0 502.2 293.8 43.6 0 0 16.6 137.7 53.4 41.4 34.6 35.2 22.6 20.2 22.5 15.9 25.3 44.0 2.5 2.1 0 0
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 0 5.1 6.0 4.9 5.1 18.9 5.0 15.2 27.5 13.9 19.3 25.2 21.5 17.0 25.8 30.5 39.2 81.3 71.0 (86.7) (52.3) (26.8) (13.8) 0 0
Total Current Assets 1,787.6 1,661.5 929.7 792.0 617.8 421.8 114.3 72.7 86.0 74.4 108.7 135.2 197.9 90.3 94.0 87.3 176.3 156.6 95.8 0 0 0 0 0 0
Non-Current Assets
Property, Plant & Equipment 797.3 740.2 275.9 264.5 257.0 252.2 264.6 0 0 0 10.9 9.7 9.0 4.9 3.3 1,972.4 0 0 1,841.3 1,417.4 1,212.7 696.9 354.4 0 0
Goodwill 0 170.8 170.8 170.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 182.4 22.5 147.6 21.6 16.5 137.1 134.9 132 126.8 124.0 104.8 88.1 81.0 63.4 46.9 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 26,378.8 1,632.3 1,371.6 882.4 757.3 697.4 338.1 125.3 75.9 79.6 103.0 89.3 91.7 109.9 134 140.6 2,180.3 2,134.4 1,958.3 88.1 90.9 6.2 8.4 0 0
Other Non-Current Assets 118.0 24,620.6 24,560.6 10,036.1 8,825.9 7,887.3 7,680.4 7,518.0 7,172.2 6,813.6 5,744.0 4,059.7 3,597.5 2,951.5 2,235.7 49.5 51.0 0 (1,841.3) (1,505.5) (1,303.6) (703.1) (362.8) 0 0
Total Non-Current Assets 27,476.5 27,186.4 26,526.5 11,375.4 9,856.7 8,974.0 8,418.1 7,775.3 7,374.9 7,017.1 5,962.7 4,246.8 3,779.2 3,133.2 2,423.5 2,162.5 2,231.3 2,134.4 1,958.3 0 0 0 0 0 0
Total Assets 29,264.0 28,847.9 27,456.3 12,167.5 10,474.5 9,395.8 8,532.4 7,848.0 7,455.1 7,091.4 6,071.4 4,422.3 3,977.1 3,223.5 2,516.2 2,248.5 2,407.6 2,291.0 2,054.1 1,669.8 1,420.2 748.5 301.1 332.3 298.8
Current Liabilities
Account Payables 0 346.5 334.5 171.7 142.3 130.0 111.4 101.5 96.1 101.4 82.7 65.5 60.6 52.3 46.4 0 0 0 0 0 0 0 2.3 0 0
Short-Term Debt 1,393.1 1,362 682 945 535 949 158 81 94 365 36 138 0 85 215 170.5 0 0 0 0 0 39 273.8 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 35.2 33.4 57.4 49.4 0 0 (42.4) (300.9) 0 0
Total Current Liabilities 1,393.1 1,783.8 1,087.6 1,184.0 740.9 1,126.1 314.6 227.7 195.9 466.4 120.9 204.2 61.3 138.7 261.4 205.7 33.4 57.4 49.4 0 0 0 0 0 0
Non-Current Liabilities
Long-Term Debt 12,604.1 10,960.0 10,334.7 6,386.5 5,422.7 4,797.3 4,888.5 4,730.5 4,460.2 3,941.2 3,499.6 2,211.8 1,946.6 1,492.6 1,148.7 1,078.7 1,403.0 1,286.8 1,319.8 948.2 866.8 473.0 273.8 0 0
Deferred Tax Liabilities 45.7 0 0 0 0 0 0 0 0 9.8 10.7 5.4 3.5 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities (77.4) 538.9 383.5 289.7 291.5 272.8 132.8 104.4 81.0 33.9 31.6 19.5 7.7 22.3 13.0 26.4 25.0 0 0 (948.2) (866.8) (473.0) (273.8) 0 0
Total Non-Current Liabilities 13,546.9 12,204.7 10,954.7 6,905.2 5,947.6 5,333.6 5,296.0 4,834.9 4,541.2 4,028.9 3,580.1 2,286.6 1,984.6 1,540.8 1,182.4 1,246.9 1,403.0 1,299.9 1,319.8 948.2 866.8 473 273.8 0 0
Total Liabilities 14,940.0 13,988.6 12,042.3 8,089.2 6,688.5 6,459.7 5,610.7 5,062.6 4,731.3 4,495.3 3,698.8 2,490.1 2,045.2 1,678.1 1,442.5 1,309.4 1,461.3 1,357.2 1,369.2 991.1 903.8 483.4 267.7 282.5 0
Stockholders' Equity
Common Stock 2.1 2.1 2.1 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2 1.1 0.9 0.9 0.9 0.9 0.7 0.6 0.5 0.3 5.2 0 0
Retained Earnings (1,449.2) (899.3) (379.0) (135.9) (128.2) (354.9) (301.0) (262.9) (253.3) (339.3) (337.6) (257.7) (226.0) (235.1) (264.1) (262.5) (253.9) (237.6) (205.3) (179.3) (144.1) (104.6) (54.1) 0 0
Accumulated Other Comprehensive Income (0.4) 12.8 17.4 48.8 (42.5) (99.1) (29.0) 34.6 33.3 16.8 (6.4) (1.5) 10.2 (14.3) (7.9) (5.8) (1.1) 0 (1) 0 0 0 0 0 0
Total Stockholders' Equity 13,433.2 13,947.5 14,390.9 3,259.6 3,116.5 2,547.8 2,540.0 2,413.7 2,350.8 2,244.9 2,089.1 1,737.4 1,758.5 1,491.8 1,018.9 881.4 884.2 872.5 619.9 643.6 480.1 243.6 (5.1) 27.5 0
Total Liabilities & Equity 29,264.0 28,847.9 27,456.3 12,167.5 10,474.5 9,395.8 8,532.4 7,848.0 7,455.1 7,091.4 6,071.4 4,422.3 3,977.1 3,223.5 2,516.2 2,248.5 2,407.6 2,291.0 2,054.1 1,669.8 1,420.2 748.5 301.1 332.3 298.8
Debt Metrics
Total Debt 14,971.7 13,027.9 11,253.3 7,560.5 6,191.1 6,009.8 5,321.3 4,811.5 4,554.2 4,306.2 3,535.6 2,369.9 1,946.6 1,577.6 1,359.3 1,246.9 1,403.0 1,090.2 1,319.8 948.2 866.8 512.0 547.6 0 0
Net Debt 14,832.8 12,889.6 11,154.2 7,467.6 6,120.0 5,900.7 5,255.5 4,754.0 4,498.5 4,262.4 3,459.8 2,322.2 1,819.9 1,546.8 1,332.8 1,200.2 1,271.0 1,026.2 1,302.4 877.4 838.1 487.6 535.9 0 0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Operating Activities
Net Income 1,022.5 900.2 850.5 921.2 877.8 517.6 451.1 447.1 514.2 397.1 209.5 195.9 185.6 127.7 58.4 33.4 39.1 46.9 36.1 14.9 (5.0) (18.5) (18.3) (9.5) (4.9)
Depreciation & Amortization 715.2 783.0 506.1 288.3 241.9 224.4 219.9 209.1 193.3 182.6 133.5 115.1 95.2 74.5 58.0 50.3 52.4 49.6 39.8 37.2 31.0 15.6 6.8 5.7 3.1
Stock-Based Compensation 35.5 22.9 26.6 21.4 17.3 16.3 13.1 11.2 9.6 8.0 6.1 5.0 4.8 4.4 5.8 4.6 3.8 3.5 2.1 1.7 0.6 0 0 0 0
Change in Working Capital (21.2) 57.8 (0.6) 36.1 (22.4) 17.9 0.7 15.5 (28.9) 8.7 9.4 10.1 12.4 25.4 7.6 1.8 (17.3) (7.7) 13.7 14.2 (17.8) (5.0) (0.1) 0 0
Other Non-Cash Items 98.1 123.5 19.9 (28.8) (22.1) 6.2 17.8 19.0 17.4 17.0 8.7 7.0 (39.8) (18.6) 22.3 1.7 21.2 4.4 11.8 8.3 6.5 1.8 6.3 5.5 (2.6)
Operating Cash Flow 1,850.2 1,887.4 1,402.5 1,238.1 952.4 771.2 707.7 677.8 597.4 539.3 367.3 337.6 271.3 215.9 144.2 104.8 81.2 96.7 101.3 74.5 14.8 (6.2) (5.3) 1.6 (4.5)
Investing Activities
Capital Expenditure (21.1) (20.5) (16.0) (22.8) (3.7) (7.1) (7.8) (4.3) (7.8) (5.0) (7.4) (4.8) (6.5) (3.4) (5.0) (1.9) (39.3) (2.3) (1.1) (210.8) (101.7) (266.8) (177.8) 0 0
Acquisitions 0 (286.5) (1,362.7) (275.9) (23.1) (64.4) (193.8) (16.4) (17.4) (11.3) (1,159.2) 0 (1.5) 1.0 0.5 (0.9) 0 0 (183.7) (174.3) (531.0) (245.7) 0 0 0
Purchases of Investments 0 0 0 0 0 (300) 0 0 0 0 0 0 0 0 (4.1) (9.7) (3.2) (243.4) (264.6) (5.7) (0.4) (6.4) (0.6) 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4.6 8.8 1.3 25.1 2.3 1.8 25.9 0 0 0 0
Other Investing Activities (793.1) (1,339.9) (439.6) (1,349.7) (810.8) (583.9) (420.1) (423.2) (327.9) (1,032.6) (459.1) (560.1) (358.9) (604.6) (248.0) (80.0) (63.1) (3.8) 193.5 149.2 (7.7) 257.6 4.9 (69.2) (11.4)
Investing Cash Flow (814.2) (1,646.9) (1,818.3) (1,648.5) (837.5) (955.4) (621.6) (443.9) (369.6) (1,032.0) (1,625.7) (564.9) (367.0) (606.9) (251.9) (83.7) (104.4) (222.8) (253.6) (239.8) (614.8) (261.3) (57.8) (69.2) (11.4)
Financing Activities
Net Debt Issuance 584.5 1,261.5 1,574.0 1,376.4 206.7 691.3 205.3 134.2 217.0 755.7 1,144.5 384.5 164.1 64.8 23.1 (65.5) 142.3 (16.0) 274.6 66.8 377.7 92.2 44.7 0 0
Stock Repurchased (149.5) 0 0 (67.5) 0 (67.9) 0 0 0 0 0 0 0 0 0 0 0 0 (100) 0 0 (19.1) 0 0 0
Dividends Paid (1,374.3) (1,375.0) (1,046.3) (805.3) (601.0) (467.8) (458.1) (424.9) (393.0) (367.8) (269.3) (210.1) (163.0) (88.3) (52.0) (42.4) (32.8) (79.1) (60.7) (50.0) (34.6) (10.6) 0 0 0
Other Financing Activities (96.8) (89.1) (99.2) (71.7) (45.6) (17.6) 164.8 43.4 (41.2) (50.5) (35.6) (26.1) (15.4) (21.0) 4.0 (5.8) (18.3) (8.8) (108.0) (6.8) (10.3) (66.1) 23.7 66.9 21.4
Financing Cash Flow (1,036.1) (202.3) 423.1 431.9 (166.7) 241.5 (88.0) (247.3) (216.0) 460.8 1,286.5 148.3 191.7 395.4 87.5 (106.3) 91.2 172.7 98.8 207.4 604.4 280.0 68.4 66.9 21.4
Cash Position
Net Change in Cash (0.1) 38.2 7.3 21.5 (51.8) 57.3 (2.0) (13.4) 11.8 (31.9) 28.1 (79.1) 95.9 4.3 (20.3) (85.2) 68.0 46.6 (53.4) 42.1 4.3 12.6 5.3 66.9 21.4
Cash at Beginning 143.3 105.1 97.7 76.2 128.0 70.7 72.7 86.0 43.9 75.8 47.7 126.7 30.8 26.5 46.8 131.9 64.0 17.4 70.8 28.7 24.3 11.7 6.5 0 0
Cash at End 143.2 143.3 105.1 97.7 76.2 128.0 70.7 72.7 55.7 43.9 75.8 47.7 126.7 30.8 26.5 46.8 131.9 64.0 17.4 70.8 28.7 24.3 11.7 66.9 21.4
Free Cash Flow 1,829.1 1,866.9 1,386.5 1,215.3 948.8 764.1 699.9 673.5 589.6 534.3 359.9 332.8 264.7 212.5 139.1 102.9 41.8 96.0 100.3 (133.9) (84.2) (272.9) (8.5) 1.6 (4.5)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Income Statement
Revenue 3,377.5 3,337.9 2,615.1 1,965.6 1,609.7 1,378.6 1,319.7 1,211.1 1,120.3 1,004.8 794.6 657.7 532.3 420.3 329.8 281.5 280.5 273.3 238.9 197.3 134.7 66.0 36.3 31.6 22.8
Gross Profit 960.2 2,547.1 2,021.1 1,542.2 1,230.4 1,019.8 979.4 909.8 843.6 752.1 588.2 473.9 374.6 293.0 228.2 188.8 191.5 183.7 238.9 132.9 104.2 49.0 36.3 31.6 22.8
Operating Income 1,489.0 1,323.4 1,170.1 1,050.4 976.0 666.1 635.0 619.7 541.6 449.8 294.7 278.5 213.5 157.2 115.5 90.8 71.9 91.9 83.8 59.7 32.4 11.1 1.4 6.4 2.6
Net Income 974.0 854.7 803.2 860.7 827.6 481.8 420.0 415.3 479.0 366.1 189.5 178.4 172.1 117.3 50.4 26.3 32.0 46.9 36.1 14.9 (5.0) (18.5) (18.3) (9.5) (4.9)
EPS (Diluted) 4.59 4.03 4.74 6.41 6.19 3.71 3.24 3.12 3.76 2.91 1.56 1.53 1.53 1.14 0.54 0.30 0.37 0.61 0.53 0.27 -0.14 -1.21 -4.43 -2.60 -0.82
Balance Sheet
Cash & Equivalents 138.9 138.2 99.1 92.9 71.1 109.1 65.7 57.5 55.7 43.9 75.8 47.7 126.7 30.8 26.5 46.8 131.9 64.0 17.4 70.8 28.7 24.3 11.7 0 0
Total Assets 29,264.0 28,847.9 27,456.3 12,167.5 10,474.5 9,395.8 8,532.4 7,848.0 7,455.1 7,091.4 6,071.4 4,422.3 3,977.1 3,223.5 2,516.2 2,248.5 2,407.6 2,291.0 2,054.1 1,669.8 1,420.2 748.5 301.1 332.3 298.8
Total Debt 14,971.7 13,027.9 11,253.3 7,560.5 6,191.1 6,009.8 5,321.3 4,811.5 4,554.2 4,306.2 3,535.6 2,369.9 1,946.6 1,577.6 1,359.3 1,246.9 1,403.0 1,090.2 1,319.8 948.2 866.8 512.0 547.6 0 0
Stockholders' Equity 13,433.2 13,947.5 14,390.9 3,259.6 3,116.5 2,547.8 2,540.0 2,413.7 2,350.8 2,244.9 2,089.1 1,737.4 1,758.5 1,491.8 1,018.9 881.4 884.2 872.5 619.9 643.6 480.1 243.6 (5.1) 27.5 0
Cash Flow
Operating Cash Flow 1,850.2 1,887.4 1,402.5 1,238.1 952.4 771.2 707.7 677.8 597.4 539.3 367.3 337.6 271.3 215.9 144.2 104.8 81.2 96.7 101.3 74.5 14.8 (6.2) (5.3) 1.6 (4.5)
Capital Expenditure (21.1) (20.5) (16.0) (22.8) (3.7) (7.1) (7.8) (4.3) (7.8) (5.0) (7.4) (4.8) (6.5) (3.4) (5.0) (1.9) (39.3) (2.3) (1.1) (210.8) (101.7) (266.8) (177.8) 0 0
Free Cash Flow 1,829.1 1,866.9 1,386.5 1,215.3 948.8 764.1 699.9 673.5 589.6 534.3 359.9 332.8 264.7 212.5 139.1 102.9 41.8 96.0 100.3 (133.9) (84.2) (272.9) (8.5) 1.6 (4.5)