Extra Space Storage Inc
EXR Real Estate Reit Industrial
Extra Space Storage Inc’s revenue for fiscal 2025 (year ended December 2025) was $3.4 billion, up 3.70% from fiscal 2024. In the quarter to June 2026, revenue grew 3.87%, EPS grew 5.93%, free cash flow grew 60.4% and total debt rose 5.75%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for ten.
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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 12.8% and above the Real Estate sector median of 9.79%.
Free cash flow margin, annual
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Annual newest first
| 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
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% |
| PLD Prologis, Inc. compare | 0.00% |
| TRNO Terreno Realty Corporation compare | −136.5% |
| Reit Industrial industry median | 12.8% |
| Real Estate sector median | 9.79% |
| 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
More on EXR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement