Extra Space Storage Inc EXR

133.35 1.12 0.85% as of 25 Sep
Market cap
$29.2B
P/E
29.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Extra Space Storage Inc (EXR) EV/EBITDA

As of 25 September 2026, Extra Space Storage Inc (EXR) trades at a EV/EBITDA of 19.1×. Over the past ten years it has ranged from 16.5× (October 2018) to 33.4× (March 2016); the current reading is higher than 13% of that period. That is above the Reit Industrial industry median of 18.0× and above the Real Estate sector median of 15.2×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 19.0× (7.93%)
FY2024 20.6× (9.65%)
FY2023 22.9× 15.84%
FY2022 19.7× (32.92%)
FY2021 29.4× 28.31%
FY2020 22.9× 7.29%
FY2019 21.4× 11.53%
FY2018 19.2× 7.93%
FY2017 17.7× (16.45%)
FY2016 21.2× (33.86%)

Quarterly

Period EV/EBITDA Change
Jun 2026 20.3× 5.83%
Mar 2026 19.2× 0.74%
Dec 2025 19.0× (3.52%)
Sep 2025 19.7× (1.14%)
42 more quarters

Against its own ten years

Low 16.5× High 33.4×
Ten-year median 21.4×
Current reading's percentile 13

EV/EBITDA against peers

Company EV/EBITDA
LINE Lineage, Inc. compare 13.2×
STAG Stag Industrial, Inc. compare 16.2×
REXR Rexford Industrial Realty, Inc. compare 16.9×
CUBE CubeSmart compare 17.0×
PSA Public Storage compare 18.0×
EXR Extra Space Storage Inc 19.1×
FR First Industrial Realty Trust, Inc. compare 20.1×
EGP EastGroup Properties, Inc. compare 23.4×
TRNO Terreno Realty Corporation compare 26.0×
Reit Industrial industry median 18.0×
Real Estate sector median 15.2×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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