US · USD
EXR
Extra Space Storage Inc
- Day's range
- $132.93 – $135.18
- Day's volume
- $132.8M
- 52-week range
- $120.98 – $151.07
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See how EXR weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountEXR in numbers
- Market cap
- $28.2B
- P/E
- 29.39
- P/B
- 2.12
- Dividend yield (12m)
- 4.86%
The 12-month dividend yield of EXR is 4.86%, above its 5-year average of 3.88%.
EXR price history
EXR risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +4.79% | +16.73% | -18.25% |
| Volatility (annualized) | 21.41% | 25.58% | 29.00% |
| Largest drawdown | -12.17% | -23.60% | -51.12% |
| Positive months | 7/12 | 18/36 | 27/60 |
How much did investing in EXR return?
$1,000.00 invested on 11/01/2021 would be worth $817.50 today.
- Value today in EXR
- $817.50
- Return over the period
- -18.25%
- Return per year
- -4.02%
- In the S&P 500
- $1,690.98
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
EXR fundamentals
Valuation
- P/E29.39
- P/B2.12
- EV/EBITDA13.16
- EV/EBIT19.97
- EV/Revenue208.33
- P/EBIT19.97
- P/S208.33
- P/OCF14.81
- P/FCF—
- Earnings yield5.01%
- PEG ratio—
- Earnings per share$4.53
- Book value per share$62.75
Efficiency
- Gross margin-593.39%
- EBITDA margin1,582.71%
- Operating margin1,043.25%
- Net margin708.84%
- Asset turnover0.00
Profitability
- ROE7.22%
- ROA3.23%
- ROIC10.13%
- Payout142.93%
Growth
- Revenue CAGR (5 years)18.60%
- Earnings CAGR (5 years)8.34%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is EXR's fair price?
Two classic value formulas, with today's numbers. The current price is $133.25.
- Graham's fair price
- $80.01
- 39.96% below the price
√(22.50 × $4.53 × $62.75)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $99.80
- 25.10% below the price
$5.99 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
EXR's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 28.23 | 37.11 | 42.23 | 23.08 | 36.75 | 31.75 | 32.60 | 27.73 |
| P/B | 2.05 | 2.27 | 2.36 | 6.09 | 9.76 | 6.00 | 5.39 | 4.77 |
| EV/EBITDA | 12.92 | 15.23 | 20.24 | 14.84 | 24.98 | — | 16.01 | 13.90 |
| Dividend yield | 4.98% | 4.33% | 4.04% | 4.08% | 1.98% | 3.11% | 3.37% | 3.71% |
| Earnings per share | $4.61 | $4.03 | $3.80 | $6.38 | $6.17 | $3.65 | $3.24 | $3.26 |
| Book value per share | $63.62 | $65.79 | $68.02 | $24.15 | $23.23 | $19.30 | $19.60 | $18.96 |
| ROE | 7.25% | 6.13% | 5.58% | 26.40% | 26.56% | 18.91% | 16.53% | 17.21% |
| ROIC | 10.05% | 8.89% | 7.92% | 31.48% | 30.58% | 25.44% | 24.37% | 25.14% |
| Gross margin | -609.13% | -588.07% | -500.12% | -418.86% | -456.27% | -591.77% | -573.58% | -598.55% |
| EBITDA margin | 1,643.45% | 1,742.90% | 1,643.55% | 1,595.54% | 1,837.85% | — | 1,713.40% | 1,984.70% |
| Net margin | 752.26% | 707.20% | 787.56% | 1,025.80% | 1,249.02% | 924.21% | 841.79% | 994.54% |
| Net debt/EBITDA | — | 0.17 | — | — | — | — | — | — |
EXR's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $129.5M | $120.9M | $102M | $83.9M | $66.3M | $52.1M |
| Cost of revenue | -$918.1M | -$831.6M | -$612M | -$435.3M | -$368.6M | -$360.6M |
| Gross profit | -$788.7M | -$710.7M | -$510.1M | -$351.4M | -$302.3M | -$308.5M |
| EBITDA | $2.1B | $2.1B | $1.7B | $1.3B | $1.2B | — |
| EBIT | $1.4B | $1.3B | $1.2B | $1.1B | $976M | $666.1M |
| Financial result | — | — | — | — | — | — |
| Income before tax | $940.8M | $852.7M | $817.2M | $900.7M | $859.5M | $509M |
| Income tax | -$41.6M | -$33.5M | -$21.6M | -$20.9M | -$20.3M | -$13.8M |
| Net income | $974M | $854.7M | $803.2M | $860.7M | $827.6M | $481.8M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does EXR pay dividends?
Dividend yield per year
- 3.57%2017
- 3.71%2018
- 3.37%2019
- 3.11%2020
- 1.98%2021
- 4.08%2022
- 4.04%2023
- 4.33%2024
- 4.98%2025
- 3.65%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/14/2026 | 09/30/2026 | $1.62 |
| Dividend | 06/12/2026 | 06/30/2026 | $1.62 |
| Dividend | 03/13/2026 | 03/31/2026 | $1.62 |
| Dividend | 12/12/2025 | 12/31/2025 | $1.62 |
| Dividend | 09/12/2025 | 09/30/2025 | $1.62 |
| Dividend | 06/13/2025 | 06/30/2025 | $1.62 |
| Dividend | 03/13/2025 | 03/31/2025 | $1.62 |
| Dividend | 12/13/2024 | 12/31/2024 | $1.62 |
| Dividend | 09/13/2024 | 09/30/2024 | $1.62 |
| Dividend | 06/13/2024 | 06/28/2024 | $1.62 |
| Dividend | 03/13/2024 | 03/29/2024 | $1.62 |
| Dividend | 12/13/2023 | 12/29/2023 | $1.62 |
See all 41 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/13/2023 | 09/29/2023 | $0.61 |
| Dividend | 07/11/2023 | 07/19/2023 | $1.01 |
| Dividend | 06/13/2023 | 06/30/2023 | $1.62 |
| Dividend | 03/13/2023 | 03/31/2023 | $1.62 |
| Dividend | 12/12/2022 | 12/30/2022 | $1.50 |
| Dividend | 09/13/2022 | 09/30/2022 | $1.50 |
| Dividend | 06/13/2022 | 06/30/2022 | $1.50 |
| Dividend | 03/11/2022 | 03/31/2022 | $1.50 |
| Dividend | 12/13/2021 | 12/31/2021 | $1.25 |
| Dividend | 09/13/2021 | 09/30/2021 | $1.25 |
| Dividend | 06/11/2021 | 06/30/2021 | $1.00 |
| Dividend | 03/11/2021 | 03/31/2021 | $1.00 |
| Dividend | 12/11/2020 | 12/31/2020 | $0.90 |
| Dividend | 09/11/2020 | 09/30/2020 | $0.90 |
| Dividend | 06/11/2020 | 06/30/2020 | $0.90 |
| Dividend | 03/12/2020 | 03/31/2020 | $0.90 |
| Dividend | 12/12/2019 | 12/31/2019 | $0.90 |
| Dividend | 09/12/2019 | 09/30/2019 | $0.90 |
| Dividend | 06/12/2019 | 06/28/2019 | $0.90 |
| Dividend | 03/13/2019 | 03/29/2019 | $0.86 |
| Dividend | 12/12/2018 | 12/31/2018 | $0.86 |
| Dividend | 09/12/2018 | 09/28/2018 | $0.86 |
| Dividend | 06/13/2018 | 06/29/2018 | $0.86 |
| Dividend | 03/13/2018 | 03/29/2018 | $0.78 |
| Dividend | 12/13/2017 | 12/29/2017 | $0.78 |
| Dividend | 09/13/2017 | 09/29/2017 | $0.78 |
| Dividend | 06/12/2017 | 06/30/2017 | $0.78 |
| Dividend | 03/10/2017 | 03/31/2017 | $0.78 |
| Dividend | 12/14/2016 | 12/30/2016 | $0.78 |
About Extra Space Storage
- Sector
- Finance, insurance and real estate
Questions about EXR
How much is EXR today?
EXR is at $133.25 (0.13% on the day), last traded on 10/02/2026.
How much did EXR pay in dividends in 2025?
EXR paid $6.48 per share in 2025, a dividend yield of 4.98%.
What are the P/E and P/B of EXR?
EXR trades at a P/E of 29.39 and a P/B of 2.12.
How much did EXR return in 12 months?
EXR returned 4.79% in 12 months, with annualized volatility of 21.41% and a largest drawdown of -12.17%.