Extra Space Storage Inc. (exr)
EXR — Company Overview
Extra Space Storage Inc. (EXR) trades on NYQ as part of the Real Estate peer group (REIT - Industrial).
| Ticker | EXR |
| Sector | Real Estate |
| Industry | REIT - Industrial |
| Exchange | NYQ |
| Market cap | $29.54B |
| Last price | $133.84 |
| Size category | Large Cap |
EXR — Business Description
EXR represents a REIT - Industrial business in the Real Estate segment. Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2026, the Company owned and/or operated 4,410 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 3.0 million units and approximately 341.0 million square feet of rentable space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage, and business storage. It is the largest operator of self-storage properties in the United States. Extra Space Storage Inc. was incorporated in 1977 in…
Official website: https://www.extraspace.com.
EXR — Investment Thesis
At a high level, EXR offers exposure to Real Estate with metrics outlined below from public market data.
- Revenue is expanding at roughly 3.8% year-over-year (public data).
- Trailing P/E of 29.74× sits in a moderate band relative to high-growth peers.
- Dividend yield near 4.8% adds an income component to total return.
- Equity market capitalization is approximately $29.54B.
See the free estimates and earnings pages for public targets and growth metrics. Ownership, live news, and deeper models remain in Vest Terminal.
EXR — Financial Health
Key financial health indicators for Extra Space Storage Inc. are derived exclusively from public data — no proprietary estimates.
Profit margin of 27.3% indicates solid bottom-line conversion. Positive free cash flow of $1.50B supports balance-sheet flexibility. Debt-to-equity of 101.67 warrants monitoring in a higher-rate environment.
| Trailing P/E | 29.74× |
| Forward P/E | 27.81× |
| Price / Sales | 8.41× |
| Price / Book | 2.13× |
| Gross margin | 74.9% |
| Operating margin | 45.9% |
| Profit margin | 27.3% |
| Return on equity | 7.0% |
| Debt / Equity | 101.67 |
| Free cash flow | $1.50B |
EXR — Growth Outlook
Growth outlook for Extra Space Storage Inc. (EXR) depends on demand trends in REIT - Industrial and the company's ability to convert revenue into sustainable earnings.
- Revenue growth of 3.8% suggests steady but measured expansion.
- Earnings growth of 6.0% year-over-year supports improving profitability.
- Price is 15.8% below the 52-week high.
- Shares trade 6.5% above the 52-week low — limited rebound so far.
EXR — Competitive Position
Extra Space Storage Inc. (EXR) is evaluated against peers on scale, margin structure, and capital efficiency within Real Estate.
- Competes within Real Estate, specifically in REIT - Industrial.
- Market capitalization of $29.54B places EXR among large-cap peers.
- Gross margin near 74.9% may reflect pricing power or favorable mix.
EXR — Strengths
Strengths for Extra Space Storage Inc. (EXR) inferred from public financial metrics:
- Earnings growth of 6.0% year-over-year.
- Gross margin of 74.9% supports competitive unit economics.
- Positive free cash flow ($1.50B).
- Dividend yield of 4.8% for income-oriented holders.
- Large Cap scale ($29.54B) may provide distribution and funding advantages.
EXR — Weaknesses
Weaknesses and pressure points for Extra Space Storage Inc. (EXR) based on available data:
Insufficient public data to assess this factor.
EXR — Opportunities
- Trading 6.5% above the 52-week low — potential recovery if fundamentals stabilize.
- Dividend yield of 4.8% appeals to total-return investors.
- Positive free cash flow enables reinvestment, debt reduction, or shareholder returns.
EXR — Risks
- Standard market, regulatory, competitive, and execution risks apply to all public equities.
EXR — Summary
Extra Space Storage Inc. (EXR) is a large-cap Real Estate company focused on REIT - Industrial, listed on NYQ. Last price $133.84 with market cap $29.54B. Trailing P/E 29.74×. Revenue grew 3.8% year-over-year per public data. Notable strengths include earnings growth of 6.0% year-over-year. Premium Terminal tools for Extra Space Storage Inc. add ownership analytics, news, and richer estimate history beyond this public summary.
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Extra Space Storage Inc. FAQ
What does Extra Space Storage Inc. (EXR) do?
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2026, the Company owned and/or operated 4,410 self-storage stores in 42 states and Washington, D.C. The Company's stores comp…
What is EXR's P/E ratio?
Extra Space Storage Inc. has a trailing P/E of 29.74× based on publicly available market data.
Does EXR pay a dividend?
Indicated dividend yield: 4.8%. Confirm ex-dates and payout history in Vest Terminal.
What sector is EXR in?
Extra Space Storage Inc. is classified in Real Estate (REIT - Industrial) on NYQ.
What is EXR's market capitalization?
Approximate market cap: $29.54B.
What are the main risks for EXR?
Standard market, competitive, and execution risks apply; see the Risks section.
What are the strengths of EXR?
Potential positives include earnings growth of 6.0% year-over-year, gross margin of 74.9% supports competitive unit economics.
Where can I get analyst estimates for EXR?
Public analyst price targets and consensus for Extra Space Storage Inc. are on the free /stocks/exr/estimates page. Deeper estimate history and models are available in Vest Terminal.