XNYSEXR
Market cap31bUSD
Dec 26, Last price
149.60USD
1D
0.03%
1Q
-15.59%
Jan 2017
93.68%
Name
Extra Space Storage Inc
Chart & Performance
Profile
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. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space. 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. The Company is the second largest owner and/or operator of self-storage stores in the United States and is the largest self-storage management company in the United States.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 2,560,244 33.06% | 1,924,170 21.99% | 1,577,362 16.31% | |||||||
Cost of revenue | 817,318 | 617,438 | 519,083 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,742,926 | 1,306,732 | 1,058,279 | |||||||
NOPBT Margin | 68.08% | 67.91% | 67.09% | |||||||
Operating Taxes | 21,559 | 20,925 | 20,324 | |||||||
Tax Rate | 1.24% | 1.60% | 1.92% | |||||||
NOPAT | 1,721,367 | 1,285,807 | 1,037,955 | |||||||
Net income | 803,198 -6.68% | 860,688 3.99% | 827,649 71.79% | |||||||
Dividends | (1,046,341) | (805,311) | (600,994) | |||||||
Dividend yield | 3.86% | 3.86% | 1.89% | |||||||
Proceeds from repurchase of equity | (11,358,715) | (63,008) | 5,984,742 | |||||||
BB yield | 41.87% | 0.30% | -18.85% | |||||||
Debt | ||||||||||
Debt current | 723,525 | 945,000 | 535,000 | |||||||
Long-term debt | 11,286,056 | 6,844,532 | 5,889,459 | |||||||
Deferred revenue | (23,923) | (21,404) | ||||||||
Other long-term liabilities | 136,549 | 289,655 | 291,531 | |||||||
Net debt | 10,538,902 | 6,256,203 | 5,176,820 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,402,474 | 1,238,139 | 952,436 | |||||||
CAPEX | (116,175) | (22,832) | (3,659) | |||||||
Cash from investing activities | (1,818,256) | (1,648,459) | (837,540) | |||||||
Cash from financing activities | 423,130 | 431,861 | (166,711) | |||||||
FCF | 1,060,414 | 1,308,522 | 1,142,722 | |||||||
Balance | ||||||||||
Cash | 99,062 | 92,868 | 71,126 | |||||||
Long term investments | 1,371,617 | 1,440,461 | 1,176,513 | |||||||
Excess cash | 1,342,667 | 1,437,120 | 1,168,771 | |||||||
Stockholders' equity | 663,561 | 732,942 | 500,028 | |||||||
Invested Capital | 26,428,639 | 11,171,561 | 9,747,178 | |||||||
ROIC | 9.16% | 12.29% | 10.92% | |||||||
ROCE | 6.43% | 10.95% | 10.31% | |||||||
EV | ||||||||||
Common stock shares outstanding | 169,221 | 141,681 | 140,016 | |||||||
Price | 160.33 8.93% | 147.18 -35.09% | 226.73 95.69% | |||||||
Market cap | 27,131,184 30.11% | 20,852,667 -34.31% | 31,745,834 111.45% | |||||||
EV | 38,693,114 | 27,927,547 | 37,592,134 | |||||||
EBITDA | 2,248,979 | 1,595,048 | 1,300,158 | |||||||
EV/EBITDA | 17.20 | 17.51 | 28.91 | |||||||
Interest | 437,821 | 219,171 | 166,183 | |||||||
Interest/NOPBT | 25.12% | 16.77% | 15.70% |