Stock AnalizExtra Space Storage Inc. EXR
Real Estate Investment Trusts · IPO 2004 · data as of November 13, 2026
Extra Space Storage Inc. (EXR) is a real estate company listed in the US with a market value of about $33.1B. In the twelve months to September 30, 2026 it had revenue of $3.5B and net income of $1.0B, a net margin of 29.9%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is shareholder returns (4/5); the weakest is value (0/5).
Key numbers: a P/E of 32.2, a price to free cash flow of 21.3, 5-year revenue growth of 20% a year, a 5-year average ROIC of 10%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 67% below the current price.
Score: 2.4 / 5
Checks passed
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Positive free cash flow
- Interest covered more than 5 times
- Liabilities below 60% of assets
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.5B | $3.4B | $3.3B | $2.6B | $1.9B | $1.6B | $1.4B | $1.3B | $1.2B | $1.1B | $992M |
| Net income | $1.0B | $974M | $855M | $803M | $861M | $828M | $482M | $420M | $415M | $479M | $366M |
| Free cash flow | $1.6B | $1.3B | $1.4B | $1.3B | $45M | -$281M | $451M | $358M | $251M | -$56M | -$547M |
| EPS (diluted) | $4.92 | $4.59 | $4.03 | $4.74 | $6.41 | $6.19 | $3.71 | $3.24 | $3.27 | $3.76 | $2.91 |
| Net margin | 29.9% | 28.8% | 26.2% | 31.4% | 44.7% | 52.5% | 35.5% | 32.1% | 34.7% | 43.4% | 36.9% |
| ROIC | — | 5.7% | 5.7% | 5.4% | 16.4% | 16.7% | 15.7% | 8.7% | 9.3% | 10.7% | 8.0% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 20 analysts is $161.50, 2% above the current price; targets range from $140.00 to $178.00; the consensus rating is “Buy”; expected EPS is $4.66 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Extra Space Storage’s P/E ratio?
About 32.2, based on the last twelve months of diluted earnings per share (forward P/E about 33.3).
Is Extra Space Storage stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 67% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Extra Space Storage pay a dividend?
Yes. The dividend yield is about 4.07%, and it has paid dividends for 10 years in our data.
Is Extra Space Storage a good stock to buy?
We do not give buy or sell advice. Extra Space Storage scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.