Extra Space Storage Inc

As of March 31, 2026, Extra Space Storage Inc. carries a market capitalization of 23.42B, placing it among publicly traded companies globally. Its enterprise value stands at 36.12B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

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

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

As of March 31, 2026, Extra Space Storage Inc. trades at a trailing price-to-earnings ratio of 28.73. The price-to-sales ratio is 7.95, and the price-to-book ratio stands at 2.03.

As of March 31, 2026, Extra Space Storage Inc. trades at an EV/EBITDA multiple of 19.77 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 12.23 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 30.01 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Extra Space Storage Inc. trades at an EV/FCF ratio of 17.02, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 36.12B versus a market cap of 23.42B, with the gap driven by net debt and cash on the balance sheet.

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.

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 360,022.08 in revenue per employee across its workforce of 8,202.50, a quick read on workforce productivity versus industry peers.

Over the twelve months ended March 31, 2026, Extra Space Storage Inc. recorded 37.51M 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 893.99M, leaving 816.74M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on September 14, 2026, Extra Space Storage Inc.'s stock has declined approximately 4.92% over the past 52 weeks. The 50-day moving average sits at 125.53, while the 200-day moving average is 121.12.

Over the twelve months ended March 31, 2026, Extra Space Storage Inc. generated 2.95B in revenue and converted that into 816.74M in net income, yielding earnings per share of 3.92. EBITDA reached 1.83B, while operating income came in at 1.30B.

As of March 31, 2026, Extra Space Storage Inc. holds 120.24M in cash and equivalents against 12.06B in total debt, resulting in a net debt position of 11.27B. Total book value stands at 11.53B, with working capital of 179.25M providing operational flexibility.

Extra Space Storage Inc. produced 1.61B in operating cash flow over the twelve months ended March 31, 2026. After subtracting -17.06M in capital expenditures, free cash flow totaled 1.59B - equivalent to 7.52 per share.

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.

Over the twelve months ended March 31, 2026, Extra Space Storage Inc. paid dividends of 5.61 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. Free cash flow yield stands at 6.56, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 4.87, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Extra Space Storage Inc. shareholders.

As of March 31, 2026, Extra Space Storage Inc. has an Altman Z-Score of 1.32, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.