Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2025, the Company owned and/or operated 4,179 self-storage stores in 43 states and Washington, D.C. The Company's stores comprise approximately 2.9 million units and approximately 321.5 million square feet of rentable space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage and business storage. It is the largest operator of self-storage properties in the United States.
Market Leadership | Extra Space Storage, the largest third-party storage manager, navigates industry challenges while maintaining a strong market position and financial stability |
Financial Performance | Explore EXR's recent financial results, including Core FFOps of $2.03 per share and a robust 85% gross profit margin, despite concerns over 2025 guidance |
Industry Dynamics | Delve into the self-storage sector's evolving landscape, including declining move-in rates and intensifying competition, and their potential impact on EXR's growth |
Future Prospects | Learn about EXR's outlook for 2025, with analyst price targets ranging from $180 to $192, and potential catalysts for growth in the self-storage market |
Metrics to compare | EXR | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipEXRPeersSector | |
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P/E Ratio | 30.7x | 34.2x | 8.8x | |
PEG Ratio | 1.68 | 0.20 | 0.01 | |
Price/Book | 2.3x | 1.3x | 0.9x | |
Price / LTM Sales | 9.2x | 1.5x | 4.0x | |
Upside (Analyst Target) | 13.6% | 41.9% | 12.8% | |
Fair Value Upside | Unlock | 8.6% | 0.5% | Unlock |