Extra Space Storage EXR Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 72.7%-1.4pp | 72.8%-1.7pp | 72.8%-2.2pp | 73.4%-1.9pp | 74%-1.5pp | |
| Operating margin | 40.8%-1.2pp | 41.8%+1.2pp | 42.5%+3.1pp | 43.7%+3.3pp | 42%-1.5pp | |
| Net margin | 27.7%-0.2pp | 28.8%+2.6pp | 28.4%+3.4pp | 29.5%+4.1pp | 27.8%-0.9pp | |
| EBITDA margin | 61.9%-3.5pp | 63%-1.7pp | 64.4%+2.9pp | 66.3%+5.5pp | 65.4%+1.7pp | |
| Free cash flow margin | 54.4%-3.2pp | 54.7%-2.9pp | 56.4%-0.3pp | 56.9%+0.7pp | 57.6%+2.4pp | |
| Returns | ||||||
| Return on equity | 6.9%+0.5pp | 7.1%+1.1pp | 6.9%+1.2pp | 7%-2.2pp | 6.5%-2.9pp | |
| Return on assets | 3.3%0.0pp | 3.4%+0.3pp | 3.3%+0.4pp | 3.4%-0.6pp | 3.2%-0.9pp | |
| Return on invested capital | 9.3%+0.2pp | 9.4%+0.7pp | 9.4%+1.0pp | 9.7%-4.2pp | 9.1%-4.3pp | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | 0.3×0.0× | 0.4×0.0× | 0.3×0.0× | 0.3×+0.2× | 0.3×+0.2× | |
| Per Share | ||||||
| Book value per share | $60.51-7.6% | $63.41-3.8% | $61.53-3.2% | $65.07-2.9% | $65.49+0.8% | |
| Valuation | ||||||
| Market capitalization | $27.69B-12.0% | $27.64B-12.8% | $29.92B-21.7% | $31.52B-4.2% | $31.48B+1.2% | |
| Enterprise value | $28.31B-11.7% | $28.4B-12.4% | $30.56B-21.2% | $32.13B-2.8% | $32.06B+2.5% | |
| Price / earnings | 29.3×-5.2× | 28.4×-8.7× | 31.5×-15.7× | 32.3×-8.7× | 34.5×-3.4× | |
| Price / sales | 8.1×-1.5× | 8.2×-1.6× | 9×-2.9× | 9.5×-0.9× | 9.6×-1.3× | |
| Price / book | 2.1×-0.2× | 2.1×-0.2× | 2.2×-0.5× | 2.3×0.0× | 2.3×+0.1× | |
| EV / EBITDA | 13.4×-1.6× | 13.3×-2.0× | 14.2×-5.3× | 14.6×-2.6× | 15×-2.2× | |
| EV / sales | 8.3×-1.5× | 8.4×-1.5× | 9.1×-2.9× | 9.7×-0.8× | 9.8×-1.2× | |
| Free cash flow yield | 6.7%+0.7pp | 6.7%+0.8pp | 6.3%+1.5pp | 6%+0.6pp | 6%+0.9pp | |
| Earnings yield | 3.4%+0.5pp | 3.5%+0.8pp | 3.2%+1.1pp | 3.1%+0.7pp | 2.9%+0.3pp | |
| Dividend yield | 5%+0.6pp | 5%+0.6pp | 4.6%+1.0pp | 4.4%+0.4pp | 4.4%+0.6pp | |
| PEG ratio | 8.5×+5.4× | 2×-3.8× | 1.8×-20.2× | 1.5×— | 3.1×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Extra Space Storage's profit margins?
- Extra Space Storage (EXR) runs a 72.7% gross margin and a 40.8% operating margin, with a 27.7% net margin.
- Where do Extra Space Storage's ratios come from?
- Every ratio is computed from Extra Space Storage's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
