Extra Space Storage Inc.'s next confirmed earnings release is scheduled for October 27, 2026.
| Earnings Date | 10/27/2026 |
As of March 31, 2026, Extra Space Storage Inc. has 211.20M shares outstanding.
| Shares Outstanding | 211.20M |
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 Ratio | 1.13 |
| Quick Ratio | 1.07 |
| Debt / Equity | 98.08 |
| Debt / EBITDA | 6.60 |
| Interest Coverage | 3.29 |
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 Employee | 332,272.38 |
| Employee Count | 8,202.50 |
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 Tax | 34.62M |
| Effective Tax Rate | 4.20 |
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% |
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.
| Revenue | 2.73B |
| Gross Profit | 1.93B |
| Operating Income | 1.20B |
| Pretax Income | 825.08M |
| Net Income | 753.79M |
| EBITDA | 1.69B |
| EBIT | 1.11B |
| Earnings Per Share (EPS) | 3.62 |
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 Equivalents | 110.97M |
| Total Debt | 11.13B |
| Net Debt | 10.40B |
| Equity (Book Value) | 10.64B |
| Book Value Per Share | 50.40 |
| Working Capital | 165.43M |
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 Flow | 1.48B |
| Capital Expenditures | -15.75M |
| Free Cash Flow | 1.47B |
| FCF Per Share | 6.94 |
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 Margin | 70.63 |
| Operating Margin | 44.05 |
| Pretax Margin | 30.27 |
| Profit Margin | 27.66 |
| EBITDA Margin | 61.87 |
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 Share | 5.18 |
| Payout Ratio | 132.52 |