Extra Space Storage Inc

Extra Space Storage Inc

116.02
CHF
-19.71
(-14.52%)
3.62EPS
Oct 27Next Earn

Important Dates

Extra Space Storage Inc.'s next confirmed earnings release is scheduled for October 27, 2026.

Earnings Date10/27/2026

Share Statistics

As of March 31, 2026, Extra Space Storage Inc. has 211.20M shares outstanding.

Shares Outstanding211.20M

Financial Position

As of March 31, 2026, Extra Space Storage Inc. maintains a current ratio of 1.13, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 98.08, indicating elevated leverage, while an interest coverage ratio of 3.29 demonstrates adequate ability to service its debt obligations.

Current Ratio1.13
Quick Ratio1.07
Debt / Equity98.08
Debt / EBITDA6.60
Interest Coverage3.29

Financial Efficiency

CHF

Over the twelve months ended March 31, 2026, Extra Space Storage Inc. posted a return on equity (ROE) of 6.94, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 4.75 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 3.25, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 5.38, useful for judging operating efficiency across full business cycles. The company generates approximately 332,272.38 in revenue per employee across its workforce of 8,202.50, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)6.94
Return on Assets (ROA)3.25
Return on Invested Capital (ROIC)4.75
Return on Capital Employed (ROCE)5.38
Revenue Per Employee332,272.38
Employee Count8,202.50

Taxes

CHF

Over the twelve months ended March 31, 2026, Extra Space Storage Inc. recorded 34.62M in income tax expense. That works out to an effective tax rate of 4.20, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 825.08M, leaving 753.79M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax34.62M
Effective Tax Rate4.20

Stock Price Statistics

As of the close on October 20, 2026, Extra Space Storage Inc.'s stock has declined approximately 14.52% over the past 52 weeks.

52-Week Price Change-14.52%

Income Statement

CHF

Over the twelve months ended March 31, 2026, Extra Space Storage Inc. generated 2.73B in revenue and converted that into 753.79M in net income, yielding earnings per share of 3.62. EBITDA reached 1.69B, while operating income came in at 1.20B.

Revenue2.73B
Gross Profit1.93B
Operating Income1.20B
Pretax Income825.08M
Net Income753.79M
EBITDA1.69B
EBIT1.11B
Earnings Per Share (EPS)3.62

Balance Sheet

CHF

As of March 31, 2026, Extra Space Storage Inc. holds 110.97M in cash and equivalents against 11.13B in total debt, resulting in a net debt position of 10.40B. Total book value stands at 10.64B, with working capital of 165.43M providing operational flexibility.

Cash & Cash Equivalents110.97M
Total Debt11.13B
Net Debt10.40B
Equity (Book Value)10.64B
Book Value Per Share50.40
Working Capital165.43M

Cash Flow

CHF

Extra Space Storage Inc. produced 1.48B in operating cash flow over the twelve months ended March 31, 2026. After subtracting -15.75M in capital expenditures, free cash flow totaled 1.47B - equivalent to 6.94 per share.

Operating Cash Flow1.48B
Capital Expenditures-15.75M
Free Cash Flow1.47B
FCF Per Share6.94

Margins

Over the twelve months ended March 31, 2026, Extra Space Storage Inc. posted a gross margin of 70.63, reflecting its pricing power and cost economics. The operating margin of 44.05 and net profit margin of 27.66 provide insight into operational efficiency.

Gross Margin70.63
Operating Margin44.05
Pretax Margin30.27
Profit Margin27.66
EBITDA Margin61.87

Dividends & Yields

CHF

Over the twelve months ended March 31, 2026, Extra Space Storage Inc. paid dividends of 5.18 per share. The dividend payout ratio of 132.52 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth.

Dividend Per Share5.18
Payout Ratio132.52