Extra Space Storage Inc
NYSE:EXR

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Extra Space Storage Inc
NYSE:EXR
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Price: 147.92 USD 0.43% Market Closed
Market Cap: 31.4B USD
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Extra Space Storage Inc
Net Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Extra Space Storage Inc
Net Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Net Income CAGR 3Y CAGR 5Y CAGR 10Y
Extra Space Storage Inc
NYSE:EXR
Net Income
$849.8m
CAGR 3-Years
4%
CAGR 5-Years
14%
CAGR 10-Years
14%
Public Storage
NYSE:PSA
Net Income
$1.9B
CAGR 3-Years
4%
CAGR 5-Years
2%
CAGR 10-Years
6%
American Tower Corp
NYSE:AMT
Net Income
$1.1B
CAGR 3-Years
-25%
CAGR 5-Years
-8%
CAGR 10-Years
4%
Crown Castle International Corp
NYSE:CCI
Net Income
$1.2B
CAGR 3-Years
-2%
CAGR 5-Years
9%
CAGR 10-Years
23%
Digital Realty Trust Inc
NYSE:DLR
Net Income
$422.5m
CAGR 3-Years
-16%
CAGR 5-Years
7%
CAGR 10-Years
4%
Equinix Inc
NASDAQ:EQIX
Net Income
$1.1B
CAGR 3-Years
35%
CAGR 5-Years
16%
CAGR 10-Years
22%
No Stocks Found

Extra Space Storage Inc
Glance View

Market Cap
31.4B USD
Industry
Real Estate
Economic Moat
None

Extra Space Storage Inc., founded in 1977, navigates the evolving landscape of the self-storage industry with a combination of strategic foresight and customer-centric innovation. Originating in a time when the concept of self-storage was just beginning to gain traction, the company has grown to become one of the largest self-storage operators in the United States. With headquarters in Salt Lake City, Extra Space Storage employs a model that balances ownership and management of storage facilities. Through an expansive network of more than 2,000 locations nationwide, they cater to a diverse clientele ranging from individuals relocating homes to businesses in need of extra inventory space. Their revenue engine is fueled primarily by the rental income generated from leasing storage units in their extensive portfolio. The company smartly leverages dynamic pricing strategies, adjusting rental rates based on demand, competition, and occupancy levels to optimize their income. Supplementary revenue streams also include the sale of insurance products and packing supplies—which cater to the broader needs of storage customers. Furthermore, Extra Space Storage capitalizes on economies of scale and technological integration, employing sophisticated management software to streamline operations and enhance customer service experiences. This multifaceted approach not only bolsters their bottom line but also fortifies their position in a competitive market where real estate and consumer convenience are paramount.

EXR Intrinsic Value
137.77 USD
Overvaluation 7%
Intrinsic Value
Price

See Also

What is Extra Space Storage Inc's Net Income?
Net Income
849.8m USD

Based on the financial report for Sep 30, 2024, Extra Space Storage Inc's Net Income amounts to 849.8m USD.

What is Extra Space Storage Inc's Net Income growth rate?
Net Income CAGR 10Y
14%

Over the last year, the Net Income growth was 1%. The average annual Net Income growth rates for Extra Space Storage Inc have been 4% over the past three years , 14% over the past five years , and 14% over the past ten years .

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