Extra Space Storage Inc

Extra Space Storage Inc

127.30
EUR
+2.60
(+2.09%)
3.92EPS
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

EUR

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.

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 Employee360,022.08
Employee Count8,202.50

Taxes

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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.

Income Tax37.51M
Effective Tax Rate4.20

Income Statement

EUR

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.

Revenue2.95B
Gross Profit2.09B
Operating Income1.30B
Pretax Income893.99M
Net Income816.74M
EBITDA1.83B
EBIT1.20B
Earnings Per Share (EPS)3.92

Balance Sheet

EUR

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.

Cash & Cash Equivalents120.24M
Total Debt12.06B
Net Debt11.27B
Equity (Book Value)11.53B
Book Value Per Share54.61
Working Capital179.25M

Cash Flow

EUR

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.

Operating Cash Flow1.61B
Capital Expenditures-17.06M
Free Cash Flow1.59B
FCF Per Share7.52

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

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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.

Dividend Per Share5.61
Payout Ratio132.52