(EXR) Extra Space Storage - Ratings and Ratios
Storage Units, Boat Storage, RV Storage, Business Storage
EXR EPS (Earnings per Share)
EXR Revenue
Description: EXR Extra Space Storage
Extra Space Storage Inc. is a leading self-administered and self-managed REIT operating in the self-storage industry, with a significant presence across 43 states and Washington D.C. As of March 31, 2025, the company has an extensive portfolio of 4,099 self-storage stores, comprising approximately 2.8 million units and 315.0 million square feet of rentable space.
The companys diversified offerings cater to a wide range of customer needs, including boat storage, RV storage, and business storage, providing a competitive edge in the market. As the largest operator of self-storage properties in the United States, Extra Space Storage Inc. benefits from economies of scale and a strong brand presence.
From a financial perspective, key performance indicators (KPIs) such as Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) are crucial in evaluating the companys performance. The companys ability to maintain a stable occupancy rate, currently around 95%, and increase revenue through rental rate growth, is essential for driving FFO and AFFO growth. Additionally, the companys debt-to-equity ratio and interest coverage ratio are important metrics to monitor, as they impact the companys ability to service its debt and invest in growth opportunities.
With a market capitalization of $33.2 billion and a forward P/E ratio of 32.05, Extra Space Storage Inc. is considered a relatively large-cap stock with a moderate valuation multiple. The companys return on equity (ROE) of 6.51% indicates a decent return on shareholders equity, although it may be considered relatively low compared to other REITs in the industry.
To further analyze the companys performance, it would be essential to examine its same-store sales growth, occupancy rates, and rental rate growth, as these metrics provide insight into the companys ability to drive revenue and maintain a competitive edge in the market.
EXR Stock Overview
| Market Cap in USD | 32,580m |
| Sub-Industry | Self-Storage REITs |
| IPO / Inception | 2004-08-12 |
EXR Stock Ratings
| Growth Rating | -28.7% |
| Fundamental | 62.9% |
| Dividend Rating | 76.2% |
| Return 12m vs S&P 500 | -29.0% |
| Analyst Rating | 3.65 of 5 |
EXR Dividends
| Dividend Yield 12m | 4.46% |
| Yield on Cost 5y | 7.15% |
| Annual Growth 5y | 12.47% |
| Payout Consistency | 96.7% |
| Payout Ratio | 140.6% |
EXR Growth Ratios
| Growth Correlation 3m | -50.1% |
| Growth Correlation 12m | -68.6% |
| Growth Correlation 5y | 18.7% |
| CAGR 5y | -3.12% |
| CAGR/Max DD 3y | -0.08 |
| CAGR/Mean DD 3y | -0.21 |
| Sharpe Ratio 12m | -0.04 |
| Alpha | 0.05 |
| Beta | 0.019 |
| Volatility | 29.52% |
| Current Volume | 981.2k |
| Average Volume 20d | 981.2k |
| Stop Loss | 139.1 (-3%) |
| Signal | 0.35 |
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income (975.9m TTM) > 0 and > 6% of Revenue (6% = 202.6m TTM) |
| FCFTA 0.06 (>2.0%) and ΔFCFTA 0.31pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 20.19% (prev 2.42%; Δ 17.78pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.06 (>3.0%) and CFO 1.90b > Net Income 975.9m (YES >=105%, WARN >=100%) |
| Net Debt (13.52b) to EBITDA (2.30b) ratio: 5.87 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.56 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (211.9m) change vs 12m ago 0.15% (target <= -2.0% for YES) |
| Gross Margin 75.68% (prev 76.19%; Δ -0.51pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 11.82% (prev 11.60%; Δ 0.23pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 2.54 (EBITDA TTM 2.30b / Interest Expense TTM 615.1m) >= 6 (WARN >= 3) |
Altman Z'' 0.32
| (A) 0.02 = (Total Current Assets 1.90b - Total Current Liabilities 1.22b) / Total Assets 29.37b |
| (B) -0.04 = Retained Earnings (Balance) -1.08b / Total Assets 29.37b |
| (C) 0.05 = EBIT TTM 1.56b / Avg Total Assets 28.57b |
| (D) -0.07 = Book Value of Equity -1.07b / Total Liabilities 14.69b |
| Total Rating: 0.32 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 62.94
| 1. Piotroski 3.0pt = -2.0 |
| 2. FCF Yield 4.15% = 2.08 |
| 3. FCF Margin 55.75% = 7.50 |
| 4. Debt/Equity 0.94 = 2.08 |
| 5. Debt/Ebitda 5.60 = -2.50 |
| 6. ROIC - WACC (= 1.04)% = 1.30 |
| 7. RoE 7.02% = 0.58 |
| 8. Rev. Trend 86.98% = 6.52 |
| 9. EPS Trend -52.56% = -2.63 |
What is the price of EXR shares?
Over the past week, the price has changed by +0.09%, over one month by +5.96%, over three months by -2.65% and over the past year by -15.67%.
Is Extra Space Storage a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of EXR is around 136.46 USD . This means that EXR is currently overvalued and has a potential downside of -4.85%.
Is EXR a buy, sell or hold?
- Strong Buy: 4
- Buy: 5
- Hold: 11
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the EXR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 157.8 | 10% |
| Analysts Target Price | 157.8 | 10% |
| ValueRay Target Price | 147 | 2.5% |
Last update: 2025-09-10 04:37
EXR Fundamental Data Overview
CCE Cash And Equivalents = 125.0m USD (last quarter)
P/E Trailing = 31.9609
P/E Forward = 30.303
P/S = 9.6013
P/B = 2.2668
P/EG = 3.7944
Beta = 1.102
Revenue TTM = 3.38b USD
EBIT TTM = 1.56b USD
EBITDA TTM = 2.30b USD
Long Term Debt = 12.20b USD (from longTermDebt, last quarter)
Short Term Debt = 706.0m USD (from shortTermDebt, last quarter)
Debt = 12.90b USD (Calculated: Short Term 706.0m + Long Term 12.20b)
Net Debt = 13.52b USD (from netDebt column, last quarter)
Enterprise Value = 45.36b USD (32.58b + Debt 12.90b - CCE 125.0m)
Interest Coverage Ratio = 2.54 (Ebit TTM 1.56b / Interest Expense TTM 615.1m)
FCF Yield = 4.15% (FCF TTM 1.88b / Enterprise Value 45.36b)
FCF Margin = 55.75% (FCF TTM 1.88b / Revenue TTM 3.38b)
Net Margin = 28.90% (Net Income TTM 975.9m / Revenue TTM 3.38b)
Gross Margin = 75.68% ((Revenue TTM 3.38b - Cost of Revenue TTM 821.3m) / Revenue TTM)
Tobins Q-Ratio = -42.39 (set to none) (Enterprise Value 45.36b / Book Value Of Equity -1.07b)
Interest Expense / Debt = 1.22% (Interest Expense 157.9m / Debt 12.90b)
Taxrate = 3.59% (33.5m / 933.7m)
NOPAT = 1.50b (EBIT 1.56b * (1 - 3.59%))
Current Ratio = 1.56 (Total Current Assets 1.90b / Total Current Liabilities 1.22b)
Debt / Equity = 0.94 (Debt 12.90b / last Quarter total Stockholder Equity 13.79b)
Debt / EBITDA = 5.60 (Net Debt 13.52b / EBITDA 2.30b)
Debt / FCF = 6.85 (Debt 12.90b / FCF TTM 1.88b)
Total Stockholder Equity = 13.91b (last 4 quarters mean)
RoA = 3.32% (Net Income 975.9m, Total Assets 29.37b )
RoE = 7.02% (Net Income TTM 975.9m / Total Stockholder Equity 13.91b)
RoCE = 5.97% (Ebit 1.56b / (Equity 13.91b + L.T.Debt 12.20b))
RoIC = 5.73% (NOPAT 1.50b / Invested Capital 26.23b)
WACC = 4.69% (E(32.58b)/V(45.48b) * Re(6.08%)) + (D(12.90b)/V(45.48b) * Rd(1.22%) * (1-Tc(0.04)))
Shares Correlation 3-Years: 60.61 | Cagr: 3.74%
Discount Rate = 6.08% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 81.39% ; FCFE base≈1.81b ; Y1≈2.22b ; Y5≈3.77b
Fair Price DCF = 302.3 (DCF Value 64.16b / Shares Outstanding 212.3m; 5y FCF grow 24.64% → 3.0% )
EPS Correlation: -52.56 | EPS CAGR: -11.48% | SUE: 0.17 | # QB: 0
Revenue Correlation: 86.98 | Revenue CAGR: 19.98% | SUE: N/A | # QB: None
Additional Sources for EXR Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle