Equities
Real EstateReal Estate Investment Trusts
  • Price (USD)156.25
  • Today's Change4.52 / 2.98%
  • Shares traded1.18m
  • 1 Year change-19.06%
  • Beta0.5503
Data delayed at least 15 minutes, as of Jan 26 2023 21:10 GMT.
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About the company

Extra Space Storage Inc. is an integrated, self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops self-storage properties, or stores. Its segments include self-storage operations and tenant reinsurance. Its self-storage operations activities include rental operations of wholly owned stores. Its tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in its stores. The Company’s business is conducted through its operating partnership, Extra Space Storage LP (the Operating Partnership). It invests in stores by acquiring wholly owned stores or by acquiring an equity interest in real estate entities. The Company had direct and indirect equity interests in over 1,313 stores. In addition, the Company managed 864 stores for third parties. Its subsidiary Storage Express owns over 107 remote storage properties across Indiana, Ohio, Illinois and Kentucky.

  • Revenue in USD (TTM)1.84bn
  • Net income in USD923.56m
  • Incorporated2004
  • Employees4.31k
  • Location
    Extra Space Storage Inc2795 Cottonwood Parkway, Suite 400SALT LAKE CITY 84121United StatesUSA
  • Phone+1 (801) 562-5556
  • Fax+1 (801) 562-5579
  • Websitehttps://www.extraspace.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
EXR:NYQ since
announced
Transaction
value
Storage Express LLCDeal completed16 Sep 202216 Sep 2022Deal completed-16.29%590.00m
Bargold Storage Systems LLCDeal completed01 Jun 202201 Jun 2022Deal completed-12.32%--
Data delayed at least 15 minutes, as of Jan 26 2023 21:10 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
GXO Logistics Inc8.79bn207.00m6.15bn75.00k29.172.3911.620.69941.781.7875.4921.661.10--6.06117,173.302.65--3.72--16.70--2.40----10.170.4201--28.17--593.55------
Americold Realty Trust Inc2.91bn-30.35m8.35bn16.28k--2.1927.282.87-0.1129-0.112910.8114.140.3608--7.19178,784.10-0.37710.4075-0.42160.453723.0025.32-1.050.9391--1.030.45711,127.0736.5812.75-224.10--45.71--
Life Storage Inc984.65m338.49m8.80bn2.24k25.732.4416.598.934.024.0211.7242.450.1525--50.92439,379.305.374.425.644.5774.6067.6535.1731.66--4.650.4593103.8227.8511.2664.4923.95-2.584.54
CubeSmart970.55m254.75m9.75bn2.89k38.093.4216.9810.041.141.144.3612.700.1732--129.39335,597.804.584.125.034.4670.7668.4226.4726.35--11.920.5136144.5821.1110.0334.9422.83-14.955.49
CH Robinson Worldwide Inc26.13bn1.07bn11.40bn17.65k11.756.969.780.43628.248.24200.6113.913.90--6.291,548,359.0016.0412.9731.6621.4414.0915.364.113.59--18.310.577444.0442.5411.9466.7110.46-4.953.63
Iron Mountain Inc4.98bn496.19m15.27bn26.75k30.9428.8612.643.061.701.7017.061.820.3331--4.94186,321.903.332.563.802.9768.6563.119.997.65--3.100.9426215.098.305.0531.3834.7210.48--
Expeditors International of Washngtn Inc19.03bn1.59bn17.15bn19.07k11.334.9210.360.90129.519.51113.7121.882.78--6.26997,697.9023.3818.7641.6130.5625.4830.488.417.74----0.0022.4472.4022.06103.3326.86-9.387.71
Extra Space Storage Inc1.84bn923.56m20.32bn4.31k22.036.2516.1811.016.896.8913.0324.270.1712----428,135.309.156.6610.107.2275.6074.6953.4242.78--11.450.632289.8116.319.7271.8017.743.018.96
Brookfield Infrastructure Partners L.P.13.97bn158.00m23.34bn0.00103.262.146.791.670.34690.346930.6316.780.190918.435.87--2.112.443.403.7442.6242.6211.0516.060.71432.420.5649372.1629.8540.40406.6117.3024.545.65
Public Storage4.02bn4.34bn51.34bn5.80k11.889.039.8112.7824.6024.6022.8057.190.2455----692,747.8027.9413.6728.9814.1674.3672.18113.8254.83----0.3998103.2617.185.9357.737.9148.801.85
Data as of Jan 26 2023. Currency figures normalised to Extra Space Storage Inc's reporting currency: US Dollar USD

Institutional shareholders

53.36%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 30 Sep 202221.68m16.19%
BlackRock Fund Advisorsas of 30 Sep 20229.28m6.93%
Capital Research & Management Co. (World Investors)as of 30 Sep 20229.09m6.79%
SSgA Funds Management, Inc.as of 30 Sep 20228.82m6.59%
Cohen & Steers Capital Management, Inc.as of 30 Sep 20225.52m4.12%
Principal Global Investors LLCas of 30 Sep 20225.17m3.86%
Massachusetts Financial Services Co.as of 30 Sep 20223.65m2.72%
Geode Capital Management LLCas of 30 Sep 20223.10m2.31%
APG Asset Management US, Inc.as of 30 Sep 20222.75m2.05%
Principal Real Estate Investors LLCas of 31 Dec 20222.42m1.80%
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Data from 30 Sep 2022 - 31 Dec 2022Source: FactSet Research Systems Inc.
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