profit from every $100 of sales.
$0$100
Extra Space Storage
$158.95-0.76% today
+21.8% in 1 year
1-year low $126.691-year high $161.04
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $35.60 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Extra Space Storage sold, what it kept, and what it did with the cash.
Sales went from $1.92 billion in 2022 to $3.38 billion in 2025, with $974 million of profit last year.
SalesProfit
Extra Space Storage handed back 83% of the cash it generated last year.
$1.4B
Free cash flow 2025$1.8B
Bought back its own shares$150M
Paid as dividends$1.4B
Cash vs. debt$139M vs. $14.0B
Extra Space Storage vs. similar companies
Extra Space Storage grows the fastest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Extra Space Storage | 35.6× · Expensive | ||
 Prologis | 38.0× · Expensive | ||
 Public Storage | 35.2× · Expensive | ||
 SEGRO | 22.6× · Fair price | ||
 EastGroup Properties | 41.5× · Expensive |
AI analysis
An AI analyst reads Extra Space Storage's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,356 | 1,577 | 1,924 | 2,560 | 3,257 | 3,378 | |
| 996 | 1,209 | 1,455 | 1,889 | 2,351 | 2,391 | |
| – | – | 1,038 | 1,237 | 1,401 | 1,489 | |
| – | – | 1,450 | 1,816 | 2,312 | 2,414 | |
| 482 | 828 | 861 | 803 | 855 | 974 | |
| 3.71 | 6.19 | 6.41 | 4.74 | 4.03 | 4.59 | |
| 73.4% | 76.6% | 75.6% | 73.8% | 72.2% | 70.8% | |
| – | – | 53.9% | 48.3% | 43.0% | 44.1% | |
| 35.5% | 52.5% | 44.7% | 31.4% | 26.2% | 28.8% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 9,396 | 10,474 | 12,167 | 27,456 | 28,848 | 29,264 |
| Cash | 109 | 71 | 93 | 99 | 138 | 139 |
| Total debt | – | – | 7,560 | 11,253 | 13,028 | 13,992 |
| Total liabilities | 6,460 | 6,689 | 8,089 | 12,042 | 13,989 | 14,940 |
| 2,548 | 3,116 | 3,260 | 14,391 | 13,948 | 13,433 | |
| 130 | 140 | 142 | 169 | 212 | 212 | |
| – | – | 8.5% | 4.0% | 4.5% | 4.9% | |
| 18.9% | 26.6% | 26.4% | 5.6% | 6.1% | 7.3% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 771 | 952 | 1,238 | 1,402 | 1,887 | 1,850 | |
| – | – | 23 | 16 | 21 | 21 | |
| – | – | 1,215 | 1,386 | 1,867 | 1,829 | |
| Dividends paid | 468 | 601 | 805 | 1,046 | 1,375 | 1,374 |
| 68 | 0 | 68 | 5 | 0 | 150 | |
| 16 | 17 | 21 | 26 | 29 | 36 |
Valuation
- 35.6×
- 34.2×
- 8.19
- 2.3×
- 10.3×
- 19.0×
- 20.1×
- 5.3%
- 2.8%
- 4.5%
Profitability
- 70.8%
- 44.1%
- 28.8%
- 94.1%
- 4.9%
- 5.3%
- 7.0%
- 3.2%
- 5.1%
- –
Growth
- +20.0%
- +4.3%
- −2.0%
- +12.5%
- +12.3%
Financial health
- 4.3×
- 1.05
- 47.9%
- 1.0×
- 0.37
- 0.37
- 0.12
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 44%of 742
Top 46%of 748
Bottom 18%of 664
Top 18%of 759
Bottom 46%of 759
What analysts expect
- Average price target
- $149.13
- Range
- $140.00 – $164.00
- 4 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 28, 2026 | 2.04 | 1.16 | +75.9% |
| Feb 19, 2026 | 1.36 | 1.17 | +16.2% |
| Oct 29, 2025 | 2.08 | 2.06 | +1.0% |
| Jul 30, 2025 | 2.05 | 2.06 | −0.5% |
| Apr 29, 2025 | 2.00 | 1.96 | +2.0% |
| Feb 25, 2025 | 2.03 | 1.10 | +84.5% |
| Oct 29, 2024 | 2.07 | 2.03 | +2.0% |
| Jul 30, 2024 | 2.06 | 2.00 | +3.0% |
4.5%of the share price, paid each year
On $1,000 invested$45a year at today's yield, before tax
+12.5%2020 to 2025
Raised–not every year
Paid per share, each year
$2.24 in 2015 → $6.48 in 2025
How safe it looks
141.1% of its profit
Room to growStretchedMore than it earns: 75.1%
News
Extra Space Storage Inc. Reports 2026 Third Quarter ResultsYahoo Finance · Oct 27, 2026The Beach Boys’ Mike Love goes the extra mile to protect the land around $43 million Lake Tahoe estateMarketWatch · Oct 19, 2026Here’s how much extra money could be in your monthly Social Security check next yearMarketWatch · Oct 13, 2026Trump’s SEC wants to allow fund managers to charge extra fees for better performance. Here’s why it’s a terrible idea.MarketWatch · Oct 1, 2026PIMCO’s Famous 16.5% Monthly Payer Always Cost 10% Extra. Right Now It’s Almost FreeYahoo Finance · Aug 21, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
52No pass
Benjamin Graham
56No pass
Philip Fisher
53No pass
Peter Lynch
40No pass
Joel Greenblatt
42No pass
Charlie Munger
55No pass
Terry Smith
50No pass
Questions about Extra Space Storage
Is Extra Space Storage a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Extra Space Storage AI analysis
What does Extra Space Storage do?
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 September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, D.C. and Puerto Rico. It is in REIT - Industrial, based in Salt Lake City, UT, United States, with 8,393 employees.
Does Extra Space Storage pay a dividend?
Yes. At today's price the dividend is 4.5% a year, about 141% of its yearly profit. In 2025 it paid out $1.37 billion in dividends.
Is Extra Space Storage stock halal?
No. Extra Space Storage does not pass our halal screen: its debt is 40% of its market value, at or above the 33% limit. How we check
How has Extra Space Storage stock done over the past year?
Up 21.8% over the past twelve months, to $158.95. It traded between $126.69 and $161.04, close to its high.
Who are Extra Space Storage's competitors?
The largest listed companies in the same industry are Prologis, Public Storage, SEGRO and EastGroup Properties. The peers table on this page compares their profit, growth and price with Extra Space Storage's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.