Extra Space Financials

EXR Stock  USD 143.80  2.07  1.42%   
Based on the measurements of operating efficiency obtained from Extra Space's historical financial statements, Extra Space Storage may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Extra Space's Other Assets are relatively stable compared to the past year. As of 03/22/2025, Long Term Debt is likely to grow to about 11.5 B, while Property Plant And Equipment Net is likely to drop slightly above 615.6 M. Key indicators impacting Extra Space's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income1.4 B1.3 B
Sufficiently Up
Slightly volatile
Current Ratio0.07360.0775
Notably Down
Slightly volatile
Investors should never underestimate Extra Space's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Extra Space's cash flow, debt, and profitability to make informed and accurate decisions about investing in Extra Space Storage.

Cash And Equivalents

77.93 Million

  
Understanding current and past Extra Space Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Extra Space's financial statements are interrelated, with each one affecting the others. For example, an increase in Extra Space's assets may result in an increase in income on the income statement.

Extra Space Stock Summary

Extra Space competes with CubeSmart, National Storage, Public Storage, EastGroup Properties, and Prologis. Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the SP 500. The Company is the second largest owner andor operator of self-storage stores in the United States and is the largest self-storage management company in the United States. Extra Space operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 4309 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS30225T1025
CUSIP30225T102
LocationUtah; U.S.A
Business Address2795 East Cottonwood
SectorSpecialized REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.extraspace.com
Phone801 365 4600
CurrencyUSD - US Dollar

Extra Space Key Financial Ratios

Extra Space Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets9.4B10.5B12.2B27.5B28.8B30.3B
Other Current Liab47.1M63.6M67.4M104.8M75.3M79.1M
Other Liab96.5M272.8M291.5M144.0M165.6M173.9M
Accounts Payable130.0M142.3M171.7M334.5M346.5M363.8M
Cash109.1M71.1M92.9M99.1M138.2M145.1M
Other Assets9.3B9.7B11.0B26.2M1.5B1.6B
Long Term Debt4.8B5.4B7.3B10.3B11.0B11.5B
Total Liab6.5B6.7B8.1B12.0B14.0B14.7B
Common Stock1.3M1.3M1.3M2.1M2.1M2.6M
Net Debt5.9B6.1B7.5B11.2B12.9B13.5B
Retained Earnings(354.9M)(128.2M)(135.9M)(379.0M)(899.3M)(854.4M)
Net Receivables293.8M419.2M644.0M739.5M129.7M132.9M
Total Current Assets128.0M76.2M92.9M929.7M138.2M142.7M
Short Term Debt949M535M945M648.3M1.4B1.4B
Other Current Assets312.7M(495.4M)55.2M85.2M5.1M4.8M
Intangible Assets137.1M147.0M21.6M147.6M22.5M21.3M
Net Tangible Assets2.5B2.5B3.1B3.1B3.5B2.3B
Long Term Debt Total4.9B4.8B6.0B7.5B8.6B9.0B
Capital Surpluse2.9B3.0B3.3B3.3B3.8B2.6B

Extra Space Key Income Statement Accounts

The reason investors look at the income statement is to determine what Extra Space's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense172.3M166.2M219.2M437.8M595.1M624.8M
Total Revenue1.4B1.6B1.9B2.6B3.3B3.4B
Gross Profit969.1M1.2B1.5B1.9B2.4B2.5B
Operating Income666.1M976.0M1.1B1.2B1.3B1.4B
Ebit160.2M337.8M439.5M1.3B1.5B1.6B
Ebitda894.9M1.1B1.3B1.8B2.3B2.4B
Net Income481.8M827.6M860.7M803.2M854.7M897.4M
Income Tax Expense13.8M20.3M20.9M21.6M33.5M35.2M
Cost Of Revenue387.1M398.1M468.9M670.9M905.5M950.7M
Minority Interest12.9M(50.1M)(60.5M)(51.2M)(45.6M)(43.3M)
Income Before Tax531.4M898.1M942.1M872.0M933.7M980.4M
Tax Provision13.8M20.3M20.9M22.6M33.5M17.9M
Interest Income15.2M49.7M108.3M79.9M124.4M130.6M
Net Interest Income(157.1M)(116.5M)(149.7M)(290.7M)(470.7M)(447.1M)

Extra Space Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash57.3M(51.8M)21.5M6.2M38.2M40.1M
Free Cash Flow764.1M948.8M1.2B1.3B1.9B2.0B
Depreciation224.4M241.9M288.3M506.1M783.0M822.2M
Other Non Cash Items6.2M(22.1M)(28.8M)272.9M123.5M129.7M
Capital Expenditures7.1M3.7M22.8M116.2M20.5M19.5M
Net Income517.6M877.8M921.2M802.0M900.2M945.2M
End Period Cash Flow128.0M76.2M97.7M99.1M143.3M72.4M
Dividends Paid467.8M601.0M805.3M1.0B1.4B1.4B
Investments(540.5M)(23.1M)(1.6B)(2.0B)(1.6B)(1.6B)
Net Borrowings202.3M1.3B206.7M1.4B1.6B803.8M
Change To Netincome19.4M23.2M(105.2M)44.3M39.8M41.8M

Extra Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Extra Space's current stock value. Our valuation model uses many indicators to compare Extra Space value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Extra Space competition to find correlations between indicators driving Extra Space's intrinsic value. More Info.
Extra Space Storage is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.55  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Extra Space Storage is roughly  1.81 . At this time, Extra Space's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Extra Space by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Extra Space Storage Systematic Risk

Extra Space's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Extra Space volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Extra Space Storage correlated with the market. If Beta is less than 0 Extra Space generally moves in the opposite direction as compared to the market. If Extra Space Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Extra Space Storage is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Extra Space is generally in the same direction as the market. If Beta > 1 Extra Space moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Extra Space Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Extra Space's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Extra Space growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(2.67)

At this time, Extra Space's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Extra Space March 22, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Extra Space help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Extra Space Storage. We use our internally-developed statistical techniques to arrive at the intrinsic value of Extra Space Storage based on widely used predictive technical indicators. In general, we focus on analyzing Extra Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Extra Space's daily price indicators and compare them against related drivers.

Additional Tools for Extra Stock Analysis

When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.