Extra Space Storage Inc (EXR)

Official site

REAL ESTATE • REIT - INDUSTRIAL • NYSE

$137.63

+3.55 (+2.65%)

Market Cap: $29.52B

Last updated: Oct 16, 2026 at 1:55 PM ET

Earnings

Performance (10Y)

Beat Rate

87%(34/39)

Avg Surprise

+10.65%

Streak

3 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$1.19

Range$1.12 - $1.22

7 analysts

EPS RevisionsNo revisions (7d)

30d

EPS Estimate DriftChange to current

90d ago$1.17+1.9%

60d ago$1.15+3.9%

30d ago$1.19-0.2%

7d ago$1.19-0.1%

Current$1.19

Revenue Consensus

$749M

Range$746M - $752M

4 analysts

Period ending Dec 31, 2026

EPS Consensus$1.22

Range$1.09 - $1.34

8 analysts

Revenue Consensus

$761M

Range$749M - $776M

5 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$1.22	$1.09 - $1.34	-	-	8	-	-
Sep 30, 2026Sep 26EST	-	$1.19	$1.12 - $1.22	-	-	7	0 2 30d	-
Jun 30, 2026Jun 26 Reported Jul 28, 2026Reported Jul 28	$2.15	$2.06	$2.01 - $2.09	+4.37%	Beat	5	1 3 30d	+82.2%
Mar 31, 2026Mar 26 Reported Apr 28, 2026Reported Apr 28	$1.14	$1.10	$1.05 - $1.14	+3.64%	Beat	4	1 1 30d	-10.9%
Dec 31, 2025Dec 25 Reported Feb 19, 2026Reported Feb 19	$1.36	$1.16	$1.13 - $1.17	+17.24%	Beat	5	2 0 30d	+9.7%
Sep 30, 2025Sep 25 Reported Oct 29, 2025Reported Oct 29	$0.78	$1.19	$1.13 - $1.25	-34.45%	Miss	6	No revisions (30d)	-14.3%
Jun 30, 2025Jun 25 Reported Jul 30, 2025Reported Jul 30	$1.18	$1.18	$1.13 - $1.24	+0.00%	Beat	6	1 0 30d	+34.1%
Mar 31, 2025Mar 25 Reported Apr 29, 2025Reported Apr 29	$1.28	$1.03	$0.96 - $1.05	+24.27%	Beat	6	0 1 30d	+26.7%
Dec 31, 2024Dec 24 Reported Feb 25, 2025Reported Feb 25	$1.24	$1.10	$1.02 - $1.17	+12.73%	Beat	7	No revisions (30d)	+21.6%
Sep 30, 2024Sep 24 Reported Oct 29, 2024Reported Oct 29	$0.91	$1.10	$1.04 - $1.20	-17.27%	Miss	7	2 1 30d	-26.0%
Jun 30, 2024Jun 24 Reported Jul 30, 2024Reported Jul 30	$0.88	$1.02	$0.99 - $1.11	-13.73%	Miss	7	No revisions (30d)	-41.3%
Mar 31, 2024Mar 24 Reported Apr 30, 2024Reported Apr 30	$1.01	$0.99	$0.93 - $1.03	+2.02%	Beat	7	1 1 30d	-30.8%
Dec 31, 2023Dec 23 Reported Feb 27, 2024Reported Feb 27	$1.02	$1.21	$0.96 - $1.32	-15.70%	Miss	9	1 1 30d	-32.9%
Sep 30, 2023Sep 23 Reported Nov 7, 2023Reported Nov 7	$1.23	$0.94	$0.02 - $2.20	+30.85%	Beat	5	0 1 30d	-25.5%
Jun 30, 2023Jun 23 Reported Aug 3, 2023Reported Aug 3	$1.50	$1.50	$1.45 - $1.55	+0.00%	Beat	5	0 1 30d	-8.0%
Mar 31, 2023Mar 23 Reported May 2, 2023Reported May 2	$1.46	$1.40	$1.36 - $1.46	+4.29%	Beat	7	No revisions (30d)	+1.4%
Dec 31, 2022Dec 22 Reported Feb 22, 2023Reported Feb 22	$1.52	$1.46	$1.38 - $1.55	+4.11%	Beat	7	No revisions (30d)	-24.0%
Sep 30, 2022Sep 22 Reported Nov 1, 2022Reported Nov 1	$1.65	$1.58	$1.55 - $1.68	+4.43%	Beat	6	2 0 30d	+17.9%
Jun 30, 2022Jun 22 Reported Aug 2, 2022Reported Aug 2	$1.63	$1.47	$1.42 - $1.55	+10.88%	Beat	8	0 1 30d	+41.7%
Mar 31, 2022Mar 22 Reported May 3, 2022Reported May 3	$1.44	$1.33	$1.30 - $1.47	+8.27%	Beat	8	2 0 30d	+44.0%
Dec 31, 2021Dec 21 Reported Feb 23, 2022Reported Feb 23	$2.00	$1.40	$1.33 - $1.61	+42.86%	Beat	8	1 0 30d	+68.1%
Sep 30, 2021Sep 21 Reported Oct 27, 2021Reported Oct 27	$1.40	$1.24	$1.20 - $1.25	+12.90%	Beat	6	2 0 30d	+59.1%
Jun 30, 2021Jun 21 Reported Jul 27, 2021Reported Jul 27	$1.15	$1.08	$0.99 - $1.11	+6.48%	Beat	6	2 0 30d	+43.7%
Mar 31, 2021Mar 21 Reported Apr 28, 2021Reported Apr 28	$1.00	$1.02	$0.83 - $1.06	-1.96%	Miss	6	1 0 30d	+20.5%
Dec 31, 2020Dec 20 Reported Feb 22, 2021Reported Feb 22	$1.19	$0.90	$0.85 - $0.96	+32.22%	Beat	7	1 0 30d	+38.4%
Sep 30, 2020Sep 20 Reported Nov 4, 2020Reported Nov 4	$0.88	$0.82	$0.76 - $0.82	+7.32%	Beat	6	2 0 30d	+6.0%
Jun 30, 2020Jun 20 Reported Aug 4, 2020Reported Aug 4	$0.80	$0.71	$0.65 - $0.79	+12.68%	Beat	6	1 0 30d	+5.3%
Mar 31, 2020Mar 20 Reported May 6, 2020Reported May 6	$0.83	$0.76	$0.75 - $0.77	+9.21%	Beat	4	1 0 30d	+12.2%
Dec 31, 2019Dec 19 Reported Feb 18, 2020Reported Feb 18	$0.86	$0.79	$0.79 - $0.80	+8.86%	Beat	4	No revisions (30d)	+7.5%
Sep 30, 2019Sep 19 Reported Oct 29, 2019Reported Oct 29	$0.83	$0.80	$0.79 - $0.84	+3.75%	Beat	5	No revisions (30d)	-18.6%
Jun 30, 2019Jun 19 Reported Jul 30, 2019Reported Jul 30	$0.76	$0.75	$0.72 - $0.77	+1.33%	Beat	3	No revisions (30d)	+1.3%
Mar 31, 2019Mar 19 Reported Apr 30, 2019Reported Apr 30	$0.74	$0.69	$0.67 - $0.71	+7.25%	Beat	3	No revisions (30d)	+5.7%
Dec 31, 2018Dec 18 Reported Feb 20, 2019Reported Feb 20	$0.80	$0.76	$0.75 - $0.76	+5.26%	Beat	2	No revisions (30d)	-50.9%
Sep 30, 2018Sep 18 Reported Oct 30, 2018Reported Oct 30	$1.02	$0.75	$0.74 - $0.76	+36.00%	Beat	3	No revisions (30d)	+37.8%
Jun 30, 2018Jun 18 Reported Jul 31, 2018Reported Jul 31	$0.75	$0.71	$0.65 - $0.72	+5.63%	Beat	3	No revisions (30d)	+8.7%
Mar 31, 2018Mar 18 Reported May 1, 2018Reported May 1	$0.70	$0.66	$0.62 - $0.71	+6.06%	Beat	4	No revisions (30d)	+9.4%
Dec 31, 2017Dec 17 Reported Feb 20, 2018Reported Feb 20	$1.63	$0.70	$0.65 - $0.76	+132.86%	Beat	4	No revisions (30d)	+150.8%
Sep 30, 2017Sep 17 Reported Nov 1, 2017Reported Nov 1	$0.74	$0.71	$0.67 - $0.78	+4.23%	Beat	4	No revisions (30d)	-
Jun 30, 2017Jun 17 Reported Aug 1, 2017Reported Aug 1	$0.69	$0.65	$0.63 - $0.68	+6.15%	Beat	5	No revisions (30d)	-
Mar 31, 2017Mar 17 Reported Apr 26, 2017Reported Apr 26	$0.64	$0.57	-	+12.28%	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Feb 21, 2017Reported Feb 21	$0.65	$0.55	-	+18.18%	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield4.71%

Forward Annual Dividend$6.48

Payout Ratio71.90%

FrequencyQuarterly

Pay MonthsMar, Jun, Sep, Dec

Growth

3Y CAGR+2.60%

5Y CAGR+12.47%

EXR dividend history and ex-dividend dates Run EXR in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	25.35	EV/EBITDA	18.94x
Price/FCF	24.50x	FCF Yield	4.08%
Profitability
Profit Margin	27.30%	Operating Margin	45.90%
ROE	6.95%	ROIC	5.05%
Financial Health
Debt/Equity	1.01x	Interest Coverage	2.19x
Current Ratio	1.56x	Quick Ratio	1.56x
Trading Statistics
Beta	1.17	Avg Volume	1.54M
52-Week High	$157.03	52-Week Low	$120.04

Technical Indicators Dashboard

Moving Averages

SMA 10$133.90

SMA 20$133.87

SMA 50$138.55

SMA 200$139.79

EMA 10$134.41

EMA 20$134.70

EMA 50$137.36

EMA 200$139.01

MACD

Line: -0.89Signal: -1.58Hist: 0.69

ADX

ADX: 25.1+DI: 23.1-DI: 18.9

Aroon & PSAR

Aroon Up8.0

Aroon Down80.0

PSAR$130.72

Bollinger Bands

Upper Band$137.35

Lower Band$130.38

%B Position521%(Upper)

Band Width1.04

RSI (14-Day)

Neutral

56.6

Momentum Oscillators

Stoch %K76.4

Stoch %D69.1

Williams %R-5.7

ROC (10d)3.4%

Momentum4.55

CCI (20d)164.8

MFI (14d)41.8

Volatility Measures

ATR (14d)$2.74(2.0%)

StdDev (20d)1.74

Hist Vol19.7%(Low)

Volume Flow

VWAP$137.21

OBV16.3M

AD Line-1.3B

CMF (20d)-0.088

Volume Metrics

Avg Vol (20d)1.6M

Vol Ratio0.8x

VWMA (20d)$134.03

Pivot Points

R3$136.80

R2$135.62

R1$134.85

Pivot Point$133.67

S1$132.90

S2$131.72

S3$130.95

Advanced Oscillators

TSI-10.22

Ultimate Osc58.1

KST-37.24

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$874.15M	$856.03M	$857.47M	$858.46M	$841.62M	$820.00M	$821.90M	$824.80M	$810.66M	$799.54M	$797.77M	$748.03M
Cost of Revenue	$231.72M	$238.30M	$231.46M	$235.49M	$227.62M	$223.58M	$221.11M	$209.03M	$196.90M	$204.52M	$195.04M	$185.19M
Gross Profit	$642.43M	$617.72M	$626.01M	$622.97M	$614.00M	$596.41M	$600.78M	$615.77M	$613.76M	$595.02M	$602.74M	$562.84M

Operating Expenses	$250.25M	$250.17M	$255.14M	$343.85M	$240.03M	$207.69M	$220.75M	$313.03M	$309.00M	$259.19M	$269.27M	$263.05M
R&D	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
SG&A	$47.31M	$46.51M	$51.94M	$43.48M	$44.95M	$45.97M	$44.02M	$39.75M	$39.90M	$43.72M	$39.40M	$37.41M
Operating Income	$392.18M	$367.55M	$370.87M	$279.12M	$373.97M	$388.73M	$380.03M	$302.74M	$304.76M	$335.83M	$333.47M	$299.79M

Interest Income	$38.78M	$39.54M	$38.65M	$43.59M	$42.00M	$38.97M	$34.68M	$34.95M	$31.23M	$23.57M	$22.25M	$22.09M
Interest Expense	$159.46M	$159.85M	$161.79M	$161.74M	$157.90M	$153.71M	$149.64M	$153.86M	$147.99M	$143.59M	$140.22M	$131.13M
Income Before Tax	$271.51M	$247.24M	$247.73M	$160.97M	$258.07M	$273.99M	$265.07M	$183.83M	$188.00M	$215.81M	$215.50M	$190.76M
Income Tax Expense	$12.07M	$10.79M	$8.97M	$11.96M	$11.64M	$8.99M	$6.04M	$10.86M	$9.84M	$6.74M	$4.32M	$6.94M

Net Income	$275.88M	$252.42M	$300.86M	$174.03M	$262.72M	$284.93M	$277.80M	$202.94M	$195.41M	$224.07M	$227.41M	$198.86M

EBITDA	$593.77M	$569.13M	$566.48M	$471.78M	$565.87M	$583.19M	$590.64M	$514.47M	$514.15M	$547.51M	$549.40M	$464.60M
EBIT	$392.18M	$367.55M	$370.87M	$279.12M	$373.97M	$388.73M	$380.03M	$302.74M	$304.76M	$335.83M	$333.47M	$299.79M

* Some calculated fields are derived from available data when not provided by source

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EXR Valuation and Fair Value

P/E: 25.3x
Forward P/E: 29.0x
EV/EBITDA: 18.9x
P/FCF: 24.5x
PEG: 5.3x
P/B: 2.2x

See GNG's fair value

EXR Profitability: Margins, ROIC and FCF

Gross margin: 72.8%
Operating margin: 45.9%
Net margin: 27.3%
ROIC: 5.0%
ROE: 7.0%
FCF margin: 34.4%
FCF yield: 4.1%

EXR Competitors

Company	Ticker
Iron Mountain Incorporated	IRM
AGNC Investment Corp.	AGNCO
Crown Castle	CCI
AvalonBay Communities Inc	AVB
CBRE Group Inc Class A	CBRE
VICI Properties Inc	VICI
Ventas Inc	VTR
Equity Residential	EQR

Sector: Real Estate

EXR Analyst Ratings

Consensus: Buy
Analysts: 21
Strong Buy: 4
Buy: 6
Hold: 11
Sell: 0
Strong Sell: 0

EXR Bull Case vs Bear Case

Bull case

EXR converts 34.4% of revenue into free cash flow.
EXR has a 27.3% net profit margin.

EXR Earnings: Beat Rate and Next Report

Beat rate: 5 of 8 quarters (62.5%)
Average surprise: 1.3%
EPS estimate (fiscal period ending Sep 30, 2026): $1.19
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 0 up, 2 down

EXR Dividend

Forward yield: 4.7%
Payout ratio: 71.9%
3Y DPS growth: 2.6%
5Y DPS growth: 12.5%
Pay months: Mar, Jun, Sep, Dec

EXR dividend history

Frequently Asked Questions About EXR

What is EXR's current dividend yield?

Extra Space Storage Inc (EXR) has a forward dividend yield of 4.71%.

Does EXR pay dividends?

Yes, Extra Space Storage Inc pays dividends with a forward dividend yield of 4.71%.

What is EXR's P/E ratio?

Extra Space Storage Inc has a price-to-earnings (P/E) ratio of 25.35.

What is EXR's market cap?

Extra Space Storage Inc (EXR) has a market capitalization of $29.52B with a current stock price of $137.63.

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