Extra Space Storage Inc
NYSE:EXR

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Extra Space Storage Inc
NYSE:EXR
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Price: 147.895 USD 0.41%
Market Cap: 31.4B USD
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Gross Margin
Extra Space Storage Inc

72.7%
Current
75%
Average
49.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
72.7%
=
Gross Profit
2.4B
/
Revenue
3.2B

Gross Margin Across Competitors

Country US
Market Cap 31.3B USD
Gross Margin
73%
Country US
Market Cap 90.4B USD
Gross Margin
49%
Country US
Market Cap 85.5B USD
Gross Margin
72%
Country US
Market Cap 58.9B USD
Gross Margin
57%
Country US
Market Cap 52.2B USD
Gross Margin
74%
Country US
Market Cap 39.5B USD
Gross Margin
72%
Country US
Market Cap 30.7B USD
Gross Margin
68%
Country US
Market Cap 30.4B USD
Gross Margin
99%
Country US
Market Cap 21.7B USD
Gross Margin
78%
Country US
Market Cap 20.3B USD
Gross Margin
19%
Country US
Market Cap 12.9B USD
Gross Margin
97%
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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
137.772 USD
Overvaluation 7%
Intrinsic Value
Price

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
72.7%
=
Gross Profit
2.4B
/
Revenue
3.2B
What is the Gross Margin of Extra Space Storage Inc?

Based on Extra Space Storage Inc's most recent financial statements, the company has Gross Margin of 72.7%.