Extra Space Storage Financial Ratios
NYSE: EXRReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Extra Space Storage ratio analysis
Extra Space Storage earned a net margin of 28.8% in FY 2025, up from 26.2% a year earlier. Gross margin was 72.8% compared with a median of 75.4% over the prior 9 years. Return on equity reached 7.3%, meaning Extra Space Storage generated 0.07 dollars of profit for every dollar of shareholders' equity.
At the end of FY 2025, EXR traded at 28.5 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 23.0 to 37.5, with a median of 29.9. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Extra Space Storage financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 28.53 | 37.48 | 33.82 | 22.96 | 36.63 | 31.23 | 32.88 | 26.86 | 23.26 | 26.54 |
| Price / sales | 8.21 | 9.81 | 10.60 | 10.25 | 19.17 | 11.07 | 10.44 | 9.26 | 9.97 | 9.74 |
| Price / book | 2.07 | 2.29 | 1.89 | 6.05 | 9.70 | 5.89 | 5.38 | 4.59 | 4.69 | 4.30 |
| Gross margin | 72.8% | 74.5% | 76.1% | 77.4% | 76.6% | 73.4% | 74.3% | 75.6% | 75.4% | 74.8% |
| Operating margin | 41.8% | 40.6% | 45.7% | 54.6% | 61.9% | 49.1% | 48.5% | 51.8% | 59.2% | 46.2% |
| Net margin | 28.8% | 26.2% | 31.4% | 44.7% | 52.5% | 35.5% | 32.1% | 34.7% | 43.3% | 36.9% |
| Free cash flow margin | 38.1% | 43.2% | 49.5% | 2.3% | 56.8% | 51.9% | 50.0% | 51.6% | 51.2% | 52.0% |
| Return on equity (ROE) | 7.3% | 6.1% | 5.6% | 26.4% | 26.6% | 18.9% | 16.5% | 17.2% | 20.4% | 16.3% |
| Return on assets (ROA) | 3.3% | 3.0% | 2.9% | 7.1% | 7.9% | 5.1% | 4.9% | 5.3% | 6.4% | 5.2% |
| Debt / equity | — | 0.04 | — | — | — | — | — | — | 0.26 | — |
| Revenue growth | 3.7% | 27.2% | 33.1% | 22.0% | 16.3% | 3.6% | 9.3% | 8.3% | 11.4% | 26.8% |
| EPS growth | 13.9% | -15.0% | -26.1% | 3.6% | 66.8% | 14.5% | -0.9% | -13.0% | 29.2% | 86.5% |