Stock Analysis
Extra Space Storage, Inc.EXR
P/E 30.79×· 5Y range 20.21–50.17×· 41th percentile of history
Sector: Real Estate · Industry: Real Estate Investment Trusts
AnalystsHold25 analystsP/E 30.8× sits at the 41st percentile of its 5.086926762491444-year history.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Profitability67
- Quality60
Risks
- Financial Health19
- Growth43
Mixed picture — no clear quality or value edge.
Bull Case
- ✓Revenue CAGR 21.0% — durable top-line growth
What's happening with EXR
Profile
financial health, growth and valuation lag behind.
How is each axis scored?
- Valuation44/100 · Weak
- P/E vs own history (41th pct)12/25
- FCF yield (n/a)10/25
- P/S (8.6x)12/25
- EV/EBIT (n/a)10/25
- Growth43/100 · Weak
- Revenue CAGR (21.0%)25/25
- Net income CAGR (4.2%)6/25
- EPS CAGR 5Y (-6.1%)0/25
- Fwd implied growth (8.5%)12/25
- Profitability67/100 · Moderate
- ROIC (8.4%)12/25
- ROE (7.1%)5/25
- Net margin (27.8%)25/25
- Operating margin (40.9%)25/25
- Financial Health19/100 · Weak
- Altman Z (1.39)3/25
- Current ratio (0.76)6/25
- Interest coverage (3.3x)10/25
- Net cash / debt (n/a)0/25
- Quality60/100 · Moderate
- Piotroski F (5/9)15/25
- Beneish M (-2.56)25/25
- FCF conversion (n/a)0/25
- Margin stability (σ 6.5%)20/25
- Moat70/100 · Moderate
- ROIC >12% years (7/10 yrs)20/25
- Median gross margin (75.0%)25/25
- FCF-positive years (n/a)0/25
- Worst-year net margin (worst 26.2%)25/25
Risk Flags
- ⚠Altman Z 1.4 — distress-zone balance sheet
About Extra Space Storage, Inc.
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space. Show more
Of these properties, approximately one half is wholly owned, while some facilities are owned through joint ventures and others are owned by third parties and managed by Extra Space Storage in exchange for a management fee.
Headquarters: SALT LAKE CITY, UT · Employees: 8,393 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
44D+P/E (TTM)30.8xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 20.2x–50.2x · 41st pct
P/FCF27.2xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.7%C
Grade C: LowInverse of Finnhub P/FCF (own TTM FCF unavailable)
P/S (TTM)8.57xC
Grade C: ExpensivePrice / TTM Revenue (own statements) — vs own 5Y history: 7.0x–21.1x · 9th pct
EV/EBITDA19.7xC
Grade C: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales12.2xD
Grade D: Very expensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E28.4xC
Grade C: ExpensivePrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.20xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.82C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield4.70%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio143.1%D
Grade D: UnsustainableDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
67BROIC8.4%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE7.1%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA3.3%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin27.8%A
Grade A: HighNet Income / Revenue
Operating Margin40.9%A
Grade A: HighTTM EBIT / TTM Revenue
Gross Margin72.8%A
Grade A: PremiumGross Profit / Revenue
FCF Margin—
FCF / Revenue
True FCF Margin—
TTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
43D+Revenue CAGR21.0%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR4.2%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-6.1%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth8.5%B
Grade B: LowAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+50.4%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income3.8%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue1.1%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
19EAltman Z-Score1.39D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.76xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.67xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage3.3xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF
Net Debt/EBIT—
Leverage. <2x Low, >4x High
Debt/Equity1.03xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt—
Cash covers how much of total debt. >1 = could repay all debt from cash
Quality
60BPiotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.56A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income
Margin Stability6.5%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue—
TTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.12xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Margolis Joseph D Filed | Margolis Joseph D | Gift | +13.5K | |
Margolis Joseph D Filed | Margolis Joseph D | Gift | -13503 | |
Dickens Zachary T Filed | Dickens Zachary T | Tax withholding | -164 | |
Springer William N Filed | Springer William N | Tax withholding | -138 | |
Norman Jeffrey Jay Filed | Norman Jeffrey Jay | Tax withholding | -735 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
McNeal Gwyn Goodson Filed | McNeal Gwyn Goodson | SellOpen market sale | -3300 | |
Woolley Kenneth M. Filed | Woolley Kenneth M. | Grant / award | +1.4K | |
Maggelet Crystal Call Filed | Maggelet Crystal Call | Grant / award | +1.4K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
70B+ROIC >12% Years7/10 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)75.0%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years—
Share of completed fiscal years with positive free cash flow
Net Margin Floor26.2%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$4.53
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.29
Cash & short-term investments per share (Finnhub)
Book Value / Share$62.75
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt—
Total debt obligations (short + long term)
Cash & Equiv.$138.92M
Cash and short-term investments
Net Debt—
Total Debt minus Cash. Negative = Net Cash position
Total Equity$13.43B
Shareholders' equity (book value)
Asset / Liability1.96xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$29.52B
Current Market Capitalization
Beta1.12B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Extra Space Storage, Inc. (EXR)
EXR is up 1.39% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Extra Space Storage, Inc.. Altman Z-Score of 1.39 is below the 1.81 distress threshold — an elevated financial-risk flag.
- Beneish M-Score of -2.56 suggests a low likelihood of earnings manipulation.
- Revenue has compounded at roughly 21% annually, with net income growing about 4% per year — a strong growth profile.
- The stock currently yields 4.7% in dividends.
See how EXR ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all EXR moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | Regular | 137.48 | +2.54% | 2.51 |
| Oct 15 | After-hours | 137.69 | +2.69% | 2.66 |
| Sep 17 | Regular | 138.63 | +1.61% | 2.27 |
| Sep 17 | After-hours | 139.02 | +1.90% | 2.58 |
Frequently Asked Questions about EXR
What is the current Extra Space Storage, Inc. (EXR) stock price?
EXR is trading at $139.61 at the last market close, up 1.39% on the session. PreMarketPrice tracks EXR pre-market, intraday and after-hours prices.
Is EXR stock a buy right now?
PreMarketPrice's quantitative model rates Extra Space Storage, Inc.'s financial health at 19/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is EXR stock overvalued?
Extra Space Storage, Inc. trades at a trailing P/E of 30.8 and our valuation score rates it 44/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Extra Space Storage, Inc. report earnings?
No confirmed earnings date is currently scheduled for EXR. The Earnings section lists recent reports and updates as dates are announced.
What sector does Extra Space Storage, Inc. operate in?
Extra Space Storage, Inc. operates in the Real Estate sector, within the Real Estate Investment Trusts industry. The Related Stocks section lists sector peers for comparison.
What does Extra Space Storage, Inc. do?
Extra Space Storage is a fully integrated real estate investment trust that owns, operates, and manages more than 4,200 self-storage properties in 43 states, with over 330 million net rentable square feet of storage space.
About Extra Space Storage, Inc. (EXR) Stock
Extra Space Storage, Inc. (EXR) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry. As of the latest update, Extra Space Storage, Inc. is trading at $139.61, up 1.39% on the day with a market capitalization of $29.5 billion. The financial health score for EXR is 19/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for EXR stock.
EXR Stock Analysis & Key Metrics
On PreMarketPrice, you can track Extra Space Storage, Inc. (EXR) across multiple dimensions:
- Pre-market price & movement: Real-time EXR stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for EXR with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Extra Space Storage, Inc. across multiple reporting periods.
- Financial health score: A composite score of 19/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for EXR.
- Sector peers: Compare EXR against 5 other real estate stocks on key financial metrics.
Is EXR a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Extra Space Storage, Inc. (EXR) as an investment. The financial health score of 19/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Extra Space Storage, Inc. (EXR) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.