Extra Space Storage Inc. (EXR)
Extra Space Storage Inc. is a self-storage company headquartered in Salt Lake City, Utah. It is one of the largest self-storage companies in the United States, with over 1,800 facilities nationwide. The company offers a range of storage unit sizes, as well as climate-controlled units and additional security features such as 24-hour surveillance.
Company Info
| ISIN | US30225T1025 |
|---|---|
| CUSIP | 30225T102 |
| Sector | Real Estate |
| Industry | REIT - Industrial |
| IPO Date | Aug 12, 2004 |
Highlights
| Market Cap | $35.85B |
|---|---|
| EPS (TTM) | $3.76 |
| PE Ratio | 43.23 |
| PEG Ratio | 5.16 |
| Total Revenue (TTM) | $3.23B |
| Gross Profit (TTM) | $3.22B |
| EBITDA (TTM) | $1.95B |
| Year Range | $120.21 - $184.87 |
| Target Price | $174.75 |
| Short % | 2.42% |
| Short Ratio | 3.27 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: EXR vs. PSA, EXR vs. CUBE, EXR vs. ADI, EXR vs. PLD, EXR vs. NNN, EXR vs. LAND, EXR vs. NSA, EXR vs. VOO, EXR vs. STAG, EXR vs. TJX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Extra Space Storage Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Extra Space Storage Inc. had a return of 5.48% year-to-date (YTD) and 32.00% in the last 12 months. Over the past 10 years, Extra Space Storage Inc. had an annualized return of 15.05%, outperforming the S&P 500 benchmark which had an annualized return of 11.39%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.48% | 25.48% |
| 1 month | -4.15% | 2.14% |
| 6 months | 9.98% | 12.76% |
| 1 year | 32.00% | 33.14% |
| 5 years (annualized) | 12.91% | 13.96% |
| 10 years (annualized) | 15.05% | 11.39% |
Monthly Returns
The table below presents the monthly returns of EXR, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -9.91% | -2.40% | 5.43% | -8.65% | 7.81% | 8.46% | 2.71% | 10.89% | 2.74% | -9.37% | 5.48% | ||
| 2023 | 7.24% | 4.32% | -0.02% | -6.68% | -5.11% | 4.33% | -5.61% | -7.80% | -5.05% | -14.80% | 25.66% | 24.55% | 13.86% |
| 2022 | -12.59% | -5.07% | 10.12% | -7.59% | -6.21% | -3.63% | 11.40% | 4.86% | -12.42% | 2.74% | -9.44% | -7.53% | -32.82% |
| 2021 | -1.79% | 10.47% | 6.27% | 12.18% | 0.75% | 10.04% | 6.30% | 7.33% | -9.52% | 17.49% | 1.33% | 14.03% | 100.98% |
| 2020 | 4.79% | -9.32% | -3.68% | -7.85% | 9.64% | -3.61% | 11.88% | 3.11% | 1.23% | 8.37% | -2.78% | 3.62% | 13.64% |
| 2019 | 8.99% | -2.71% | 7.14% | 1.75% | 3.35% | -0.16% | 5.93% | 8.48% | -3.44% | -3.89% | -5.54% | 0.48% | 20.71% |
| 2018 | -4.54% | 1.88% | 3.64% | 2.55% | 7.43% | 4.63% | -5.85% | -1.87% | -5.14% | 3.95% | 6.57% | -4.89% | 7.29% |
| 2017 | -6.72% | 9.91% | -5.07% | 1.53% | 2.57% | 1.74% | 1.92% | -2.35% | 3.99% | 2.09% | 4.62% | 3.37% | 17.83% |
| 2016 | 2.81% | -9.42% | 14.56% | -9.11% | 9.44% | 0.42% | -7.05% | -6.36% | -0.43% | -7.88% | -4.09% | 11.27% | -9.19% |
| 2015 | 12.55% | -0.33% | 3.48% | -2.43% | 6.22% | -6.04% | 12.73% | -0.05% | 5.88% | 2.70% | 5.69% | 6.06% | 55.24% |
| 2014 | 8.38% | 7.53% | -0.39% | 7.87% | 0.04% | 2.62% | -2.85% | 1.87% | -1.27% | 12.78% | 1.91% | -0.27% | 43.97% |
| 2013 | 9.48% | -6.02% | 5.57% | 10.98% | -3.88% | 1.06% | 0.29% | -1.95% | 11.98% | 0.52% | -8.85% | 1.47% | 19.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of EXR is 78, placing it in the top 22% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Extra Space Storage Inc. (EXR) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Extra Space Storage Inc. provided a 3.95% dividend yield over the last twelve months, with an annual payout of $6.48 per share. The company has been increasing its dividends for 14 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $6.48 | $6.48 | $6.00 | $4.50 | $3.60 | $3.56 | $3.36 | $3.12 | $2.93 | $2.24 | $1.81 | $1.45 |
Dividend yield | 3.95% | 4.04% | 4.08% | 1.98% | 3.11% | 3.37% | 3.71% | 3.57% | 3.79% | 2.54% | 3.09% | 3.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Extra Space Storage Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $1.62 | $0.00 | $0.00 | $1.62 | $0.00 | $0.00 | $1.62 | $0.00 | $0.00 | $4.86 | |
| 2023 | $0.00 | $0.00 | $1.62 | $0.00 | $0.00 | $1.62 | $1.01 | $0.00 | $0.61 | $0.00 | $0.00 | $1.62 | $6.48 |
| 2022 | $0.00 | $0.00 | $1.50 | $0.00 | $0.00 | $1.50 | $0.00 | $0.00 | $1.50 | $0.00 | $0.00 | $1.50 | $6.00 |
| 2021 | $0.00 | $0.00 | $1.00 | $0.00 | $0.00 | $1.00 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $1.25 | $4.50 |
| 2020 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $0.90 | $3.60 |
| 2019 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $0.90 | $3.56 |
| 2018 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.86 | $3.36 |
| 2017 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.78 | $3.12 |
| 2016 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.78 | $2.93 |
| 2015 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.59 | $2.24 |
| 2014 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.47 | $0.00 | $0.00 | $0.47 | $1.81 |
| 2013 | $0.25 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.40 | $1.45 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Extra Space Storage Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Extra Space Storage Inc. was 71.35%, occurring on Mar 9, 2009. Recovery took 384 trading sessions.
The current Extra Space Storage Inc. drawdown is 19.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -71.35% | Mar 13, 2007 | 502 | Mar 9, 2009 | 384 | Sep 15, 2010 | 886 |
| -51.36% | Jan 3, 2022 | 456 | Oct 25, 2023 | — | — | — |
| -38.01% | Sep 5, 2019 | 138 | Mar 23, 2020 | 150 | Oct 23, 2020 | 288 |
| -26.39% | Jul 14, 2016 | 92 | Nov 21, 2016 | 351 | Apr 17, 2018 | 443 |
| -19.6% | Jul 25, 2011 | 11 | Aug 8, 2011 | 57 | Oct 27, 2011 | 68 |
Volatility
Volatility Chart
The current Extra Space Storage Inc. volatility is 8.70%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Extra Space Storage Inc. compared to its peers in the REIT - Industrial industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for EXR in comparison to other companies of the REIT - Industrial industry. Currently, EXR has a PE value of 43.2. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for EXR in comparison to other companies of the REIT - Industrial industry. Currently, EXR has a PEG value of 5.2. This PEG ratio falls in the average range for the industry.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Extra Space Storage Inc..
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Income Statement
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