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Extra Space Storage EXR Price / earnings

Price / earnings at other companies

Public Storage logo
Public StoragePSA
25×-1.6×
Realty Income logo
Realty IncomeO
50.5×-2.4×
Prologis logo
PrologisPLD
32.5×-4.9×
Ladder Capital logo
Ladder CapitalLADR
22.7×+8.6×
W.P. Carey Inc. logo
W.P. Carey Inc.WPC
28.8×-3.5×
Arch Capital Group logo
Arch Capital GroupACGL
-2.6×

Other financials

Income statement

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Revenue$856.0M+4.4%
Gross profit$617.7M+3.6%
Operating income$367.6M-5.5%
Net income$241.0M-11.0%
EPS (diluted)$1.14-10.9%

Balance sheet

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Cash & equivalents$143.4M+16.5%
Total debt$769.7M+9.2%
Total equity$13.3B-4.0%
Total assets$29.1B+0.4%

Cash flow

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Operating cash flow$489.9M+1.8%
CapEx$7.2M-9.2%
Free cash flow$482.6M+1.9%

Valuation

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Market cap$30.4B-12.0%
Enterprise value$31.03B-11.7%
P/S8.9×-1.6×

Profitability

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Gross margin72.7%-1.4pp
Operating margin40.8%-1.2pp
Net margin27.7%-0.2pp

Returns & leverage

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Return on equity6.9%+0.5pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Extra Space Storage’s reported figures.

Based on the most recent quarter.

The official record: Extra Space Storage’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Extra Space Storage's price / earnings?
Extra Space Storage (EXR) reported price / earnings of 29.3× in Q1 2026.
How has Extra Space Storage's price / earnings changed year-over-year?
Extra Space Storage's price / earnings decreased by 15.0% year-over-year, from 34.5× to 29.3×.
What is the long-term trend for Extra Space Storage's price / earnings?
Over 4 years (2021 to 2025), Extra Space Storage's price / earnings has grown at a -1.2% compound annual growth rate (CAGR), from 133.1× to 126.7×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.