Extra Space Storage Inc. Logo

Extra Space Storage Inc.

EXR

(3.0)
Stock Price

179,94 USD

2.86% ROA

9.07% ROE

37.32x PER

Market Cap.

31.941.008.040,00 USD

77.01% DER

4.29% Yield

31.37% NPM

Extra Space Storage Inc. Stock Analysis

Extra Space Storage Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Extra Space Storage Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (25.31%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

4 Dividend Growth

Investors can be encouraged by the company's strong dividend growth over the past five years, highlighting its ability to generate consistent returns and provide an attractive investment opportunity.

5 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

6 ROA

The stock's ROA (6.85%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (353) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 PBV

The stock's high Price-to-Book Value (P/BV) ratio (5.31x) suggests it's overvalued, potentially making it an expensive investment.

9 DER

The company has a high debt to equity ratio (237%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

10 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

11 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

Extra Space Storage Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Extra Space Storage Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Extra Space Storage Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Extra Space Storage Inc. Revenue
Year Revenue Growth
2001 22.814.000
2002 31.558.000 27.71%
2003 36.261.000 12.97%
2004 65.971.000 45.03%
2005 134.728.000 51.03%
2006 197.264.000 31.7%
2007 238.866.000 17.42%
2008 273.251.000 12.58%
2009 280.476.000 2.58%
2010 281.497.000 0.36%
2011 329.830.000 14.65%
2012 409.396.000 19.43%
2013 520.613.000 21.36%
2014 647.155.000 19.55%
2015 782.270.000 17.27%
2016 991.875.000 21.13%
2017 1.105.009.000 10.24%
2018 1.196.604.000 7.65%
2019 1.308.454.000 8.55%
2020 1.356.212.000 3.52%
2021 1.577.362.000 14.02%
2022 1.924.170.000 18.02%
2023 2.992.136.000 35.69%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Extra Space Storage Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 1.727.000 100%
2009 19.011.000 90.92%
2010 1.235.000 -1439.35%
2011 2.896.000 57.35%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Extra Space Storage Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 8.297.000 100%
2004 12.465.000 33.44%
2005 24.081.000 48.24%
2006 35.600.000 32.36%
2007 36.722.000 3.06%
2008 40.427.000 9.16%
2009 46.015.000 12.14%
2010 44.428.000 -3.57%
2011 49.683.000 10.58%
2012 50.454.000 1.53%
2013 54.246.000 6.99%
2014 60.942.000 10.99%
2015 67.758.000 10.06%
2016 81.806.000 17.17%
2017 78.961.000 -3.6%
2018 81.256.000 2.82%
2019 89.418.000 9.13%
2020 96.594.000 7.43%
2021 102.194.000 5.48%
2022 129.251.000 20.93%
2023 149.624.000 13.62%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Extra Space Storage Inc. EBITDA
Year EBITDA Growth
2001 5.687.000
2002 12.064.000 52.86%
2003 8.169.000 -47.68%
2004 31.998.000 74.47%
2005 63.359.000 49.5%
2006 96.824.000 34.56%
2007 123.599.000 21.66%
2008 142.924.000 13.52%
2009 130.722.000 -9.33%
2010 146.912.000 11.02%
2011 179.367.000 18.09%
2012 285.200.000 37.11%
2013 380.617.000 25.07%
2014 424.390.000 10.31%
2015 521.033.000 18.55%
2016 737.601.000 29.36%
2017 756.968.000 2.56%
2018 817.690.000 7.43%
2019 872.351.000 6.27%
2020 910.062.000 4.14%
2021 1.165.384.000 21.91%
2022 1.436.867.000 18.89%
2023 843.380.000 -70.37%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Extra Space Storage Inc. Gross Profit
Year Gross Profit Growth
2001 22.814.000
2002 31.558.000 27.71%
2003 36.261.000 12.97%
2004 49.009.000 26.01%
2005 104.170.000 52.95%
2006 132.919.000 21.63%
2007 238.866.000 44.35%
2008 183.663.000 -30.06%
2009 191.541.000 4.11%
2010 188.827.000 -1.44%
2011 228.206.000 17.26%
2012 287.499.000 20.62%
2013 371.579.000 22.63%
2014 464.312.000 19.97%
2015 565.272.000 17.86%
2016 726.315.000 22.17%
2017 813.862.000 10.76%
2018 879.202.000 7.43%
2019 943.028.000 6.77%
2020 969.103.000 2.69%
2021 1.179.266.000 17.82%
2022 1.455.268.000 18.97%
2023 2.931.964.000 50.37%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Extra Space Storage Inc. Net Profit
Year Net Profit Growth
2001 -4.924.000
2002 -9.542.000 48.4%
2003 -18.330.000 47.94%
2004 -18.462.000 0.71%
2005 -4.966.000 -271.77%
2006 14.876.000 133.38%
2007 36.094.000 58.79%
2008 46.888.000 23.02%
2009 31.977.000 -46.63%
2010 26.331.000 -21.44%
2011 50.449.000 47.81%
2012 117.309.000 56.99%
2013 172.076.000 31.83%
2014 178.355.000 3.52%
2015 189.474.000 5.87%
2016 366.127.000 48.25%
2017 479.013.000 23.57%
2018 415.289.000 -15.34%
2019 419.967.000 1.11%
2020 481.779.000 12.83%
2021 827.649.000 41.79%
2022 860.688.000 3.84%
2023 753.400.000 -14.24%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Extra Space Storage Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 -1
2002 -3 100%
2003 -4 50%
2004 -1 -300%
2005 0 0%
2006 0 0%
2007 1 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 1 0%
2012 1 100%
2013 2 0%
2014 2 0%
2015 2 0%
2016 3 50%
2017 4 33.33%
2018 3 0%
2019 3 0%
2020 4 0%
2021 6 50%
2022 6 0%
2023 4 -50%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Extra Space Storage Inc. Free Cashflow
Year Free Cashflow Growth
2001 -4.460.000
2002 1.613.000 376.5%
2003 -183.150.000 100.88%
2004 -253.450.000 27.74%
2005 -86.934.000 -191.54%
2006 -136.261.000 36.2%
2007 -129.065.000 -5.58%
2008 94.322.000 236.83%
2009 80.017.000 -17.88%
2010 -2.780.000 2978.31%
2011 -55.811.000 95.02%
2012 212.512.000 126.26%
2013 264.735.000 19.73%
2014 332.751.000 20.44%
2015 359.949.000 7.56%
2016 534.295.000 32.63%
2017 589.556.000 9.37%
2018 673.498.000 12.46%
2019 699.922.000 3.78%
2020 764.139.000 8.4%
2021 948.777.000 19.46%
2022 1.215.307.000 21.93%
2023 207.084.000 -486.87%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Extra Space Storage Inc. Operating Cashflow
Year Operating Cashflow Growth
2001 -4.460.000
2002 1.613.000 376.5%
2003 -5.342.000 130.19%
2004 -6.158.000 13.25%
2005 14.771.000 141.69%
2006 74.520.000 80.18%
2007 101.332.000 26.46%
2008 96.664.000 -4.83%
2009 81.165.000 -19.1%
2010 104.815.000 22.56%
2011 144.164.000 27.29%
2012 215.879.000 33.22%
2013 271.259.000 20.42%
2014 337.581.000 19.65%
2015 367.329.000 8.1%
2016 539.263.000 31.88%
2017 597.375.000 9.73%
2018 677.795.000 11.86%
2019 707.686.000 4.22%
2020 771.232.000 8.24%
2021 952.436.000 19.03%
2022 1.238.139.000 23.08%
2023 207.084.000 -497.89%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Extra Space Storage Inc. Capital Expenditure
Year Capital Expenditure Growth
2001 0
2002 0 0%
2003 177.808.000 100%
2004 247.292.000 28.1%
2005 101.705.000 -143.15%
2006 210.781.000 51.75%
2007 230.397.000 8.51%
2008 2.342.000 -9737.62%
2009 1.148.000 -104.01%
2010 107.595.000 98.93%
2011 199.975.000 46.2%
2012 3.367.000 -5839.26%
2013 6.524.000 48.39%
2014 4.830.000 -35.07%
2015 7.380.000 34.55%
2016 4.968.000 -48.55%
2017 7.819.000 36.46%
2018 4.297.000 -81.96%
2019 7.764.000 44.65%
2020 7.093.000 -9.46%
2021 3.659.000 -93.85%
2022 22.832.000 83.97%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Extra Space Storage Inc. Equity
Year Equity Growth
2001 0
2002 27.516.000 100%
2003 -5.104.000 639.11%
2004 243.607.000 102.1%
2005 480.128.000 49.26%
2006 643.555.000 25.39%
2007 619.921.000 -3.81%
2008 872.463.000 28.95%
2009 884.179.000 1.33%
2010 881.401.000 -0.32%
2011 1.018.947.000 13.5%
2012 1.491.807.000 31.7%
2013 1.758.470.000 15.16%
2014 1.737.427.000 -1.21%
2015 2.089.077.000 16.83%
2016 2.244.892.000 6.94%
2017 2.350.751.000 4.5%
2018 2.785.422.000 15.61%
2019 2.921.694.000 4.66%
2020 2.936.124.000 0.49%
2021 3.785.976.000 22.45%
2022 4.078.274.000 7.17%
2023 15.566.701.000 73.8%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Extra Space Storage Inc. Assets
Year Assets Growth
2001 298.824.000
2002 332.290.000 10.07%
2003 301.122.000 -10.35%
2004 748.484.000 59.77%
2005 1.420.192.000 47.3%
2006 1.669.825.000 14.95%
2007 2.054.075.000 18.71%
2008 2.291.008.000 10.34%
2009 2.407.556.000 4.84%
2010 2.248.468.000 -7.08%
2011 2.516.250.000 10.64%
2012 3.223.477.000 21.94%
2013 3.977.140.000 18.95%
2014 4.422.339.000 10.07%
2015 6.071.407.000 27.16%
2016 7.091.446.000 14.38%
2017 7.455.137.000 4.88%
2018 7.847.978.000 5.01%
2019 8.532.377.000 8.02%
2020 9.395.848.000 9.19%
2021 10.474.477.000 10.3%
2022 12.167.458.000 13.91%
2023 27.625.818.000 55.96%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Extra Space Storage Inc. Liabilities
Year Liabilities Growth
2001 0
2002 282.509.000 100%
2003 267.671.000 -5.54%
2004 483.424.000 44.63%
2005 903.829.000 46.51%
2006 991.112.000 8.81%
2007 1.369.172.000 27.61%
2008 1.357.246.000 -0.88%
2009 1.461.337.000 7.12%
2010 1.309.397.000 -11.6%
2011 1.442.489.000 9.23%
2012 1.678.146.000 14.04%
2013 2.045.245.000 17.95%
2014 2.490.124.000 17.87%
2015 3.698.803.000 32.68%
2016 4.495.280.000 17.72%
2017 4.731.330.000 4.99%
2018 5.062.556.000 6.54%
2019 5.610.683.000 9.77%
2020 6.459.724.000 13.14%
2021 6.688.501.000 3.42%
2022 8.089.184.000 17.32%
2023 12.059.117.000 32.92%

Extra Space Storage Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
11.62
Net Income per Share
4.05
Price to Earning Ratio
37.32x
Price To Sales Ratio
14.08x
POCF Ratio
26.21
PFCF Ratio
28.58
Price to Book Ratio
2.03
EV to Sales
18.91
EV Over EBITDA
31.86
EV to Operating CashFlow
38.09
EV to FreeCashFlow
38.41
Earnings Yield
0.03
FreeCashFlow Yield
0.03
Market Cap
31,94 Bil.
Enterprise Value
42,92 Bil.
Graham Number
82.37
Graham NetNet
-60.63

Income Statement Metrics

Net Income per Share
4.05
Income Quality
1.34
ROE
0.13
Return On Assets
0.03
Return On Capital Employed
0.05
Net Income per EBT
0.92
EBT Per Ebit
0.71
Ebit per Revenue
0.48
Effective Tax Rate
0.02

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.89
Operating Profit Margin
0.48
Pretax Profit Margin
0.34
Net Profit Margin
0.31

Dividends

Dividend Yield
0.04
Dividend Yield %
4.29
Payout Ratio
0.81
Dividend Per Share
6.48

Operating Metrics

Operating Cashflow per Share
5.77
Free CashFlow per Share
5.72
Capex to Operating CashFlow
-0.01
Capex to Revenue
-0
Capex to Depreciation
-0.04
Return on Invested Capital
0.04
Return on Tangible Assets
0.03
Days Sales Outstanding
0
Days Payables Outstanding
406.09
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0.9
Inventory Turnover
0
Capex per Share
-0.05

Balance Sheet

Cash per Share
1,11
Book Value per Share
74,43
Tangible Book Value per Share
79.7
Shareholders Equity per Share
74.43
Interest Debt per Share
57.91
Debt to Equity
0.77
Debt to Assets
0.41
Net Debt to EBITDA
8.15
Current Ratio
0.19
Tangible Asset Value
15,57 Bil.
Net Current Asset Value
-11,84 Bil.
Invested Capital
0.77
Working Capital
-0,91 Bil.
Intangibles to Total Assets
0
Average Receivables
0,35 Bil.
Average Payables
0,32 Bil.
Average Inventory
0
Debt to Market Cap
0.35

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Extra Space Storage Inc. Dividends
Year Dividends Growth
2004 0
2005 1 0%
2006 1 0%
2007 1 0%
2008 1 100%
2009 0 0%
2010 0 0%
2011 1 0%
2012 1 0%
2013 1 100%
2014 2 0%
2015 2 50%
2016 3 0%
2017 3 33.33%
2018 3 0%
2019 4 0%
2020 4 0%
2021 5 25%
2022 6 33.33%
2023 6 0%

Extra Space Storage Inc. Profile

About Extra Space Storage Inc.

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 September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. 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. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.

CEO
Mr. Joseph Daniel Margolis J.D
Employee
7.618
Address
2795 East Cottonwood Parkway
Salt Lake City, 84121

Extra Space Storage Inc. Executives & BODs

Extra Space Storage Inc. Executives & BODs
# Name Age
1 Mr. P. Scott Stubbs CPA
Executive Vice President & Chief Financial Officer
70
2 Ms. Gwyn Goodson McNeal
Executive Vice President & Chief Legal Officer
70
3 Ms. Grace Kunde
Senior Vice President of Accounting & Finance and Corporate Controller
70
4 Mr. Timothy Arthurs
Senior Vice President of Operations
70
5 Mr. Joseph Daniel Margolis J.D.
Chief Executive Officer & Director
70
6 Mr. Matthew T. Herrington
Executive Vice President & Chief Operating Officer
70
7 Mr. Zachary Dickens
Executive Vice President & Chief Investment Officer
70
8 Mr. Samrat Sondhi
Executive Vice President & Chief Marketing Officer
70
9 Mr. Noah Springer
Executive Vice President and Chief Strategy & Partnership Officer
70
10 Mr. Jeffrey Norman
Senior Vice President of Capital Markets
70

Extra Space Storage Inc. Competitors