Bilaal.Raja
Company record

EXR  Extra Space Storage Inc.

Trailing twelve months to 2026-06-30, as filed 2026-07-31 and not restated since.
Real Estate

Scale

Market cap
$30.4bn
Revenue TTM
$135m
Net income TTM
$958m
Free cash flow
$1.5bn
Composite score
51.6
Sector rank
#330

Valuation

P / E
31.8
EV / EBITDA
13.9
EV / sales
220.2
FCF yield
5.05%
Yield vs 10-yr
-1.58pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
708.8%
EBITDA margin
1,582.7%
ROE
7.2%
ROIC
11.2%
Revenue growth
9.2%

Insider activity, last 90 days

Net open-market
$-0.49m
Buyers
0
Sellers
1

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

We experience seasonal fluctuations in occupancy levels, with occupancy levels generally higher in the summer months due to increased moving activity. As of June 30, 2026, approximately 2,580,000 tenants were leasing storage units at the operating stores that we own and/or manage, primarily on a month-to-month basis, providing the flexibility to increase rental rates over time as market conditions permit. Material or unusual changes in the results of our operations are discussed below: Revenues The following table presents information on revenues earned for the periods indicated: Property rental— The increase in property rental revenue for the three and six months ended June 30, 2026 compare …Extra Space Storage Inc., 10-Q, period ended 2026-06-30, filed 2026-07-31

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