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) Free cash flow margin

Extra Space Storage Inc's free cash flow margin over the twelve months to 30 June 2026 was 38.1%, up 4.7 percentage points from fiscal 2025 (33.4%). Over the past ten years it has ranged from −51.9% (fiscal 2016) to 37.8% (fiscal 2023); the current reading is higher than 82% of that period. That is above the Reit Industrial industry median of 13.6% and above the Real Estate sector median of 9.94%.

Free cash flow margin, annual

Annual

Period Free cash flow margin Change (points)
FY2025 33.4% (3.83)
FY2024 37.2% (0.57)
FY2023 37.8% 42.94
FY2022 −5.14% (19.85)
FY2021 14.7% (16.31)
FY2020 31.0% 7.48
FY2019 23.5% 3.58
FY2018 20.0% 0.34
FY2017 19.6% 71.51
FY2016 −51.9% (49.83)

Against its own ten years

Low −51.9% High 37.8%
Ten-year median 20.0%
Current reading's percentile 82

Free cash flow margin against peers

Company Free cash flow margin
PSA Public Storage compare 52.8%
CUBE CubeSmart compare 44.7%
EXR Extra Space Storage Inc 38.1%
REXR Rexford Industrial Realty, Inc. compare 22.9%
FR First Industrial Realty Trust, Inc. compare 13.6%
LINE Lineage, Inc. compare 6.13%
EGP EastGroup Properties, Inc. compare 0.10%
STAG Stag Industrial, Inc. compare −38.6%
TRNO Terreno Realty Corporation compare −136.5%
Reit Industrial industry median 13.6%
Real Estate sector median 9.94%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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