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) P/B ratio
As of 16 October 2026, Extra Space Storage Inc (EXR) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 1.3× (October 2023) to 8.9× (December 2021); the current reading is higher than 12% of that period. That is above the Reit Industrial industry median of 1.8× and above the Real Estate sector median of 1.0×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 1.9× | (9.59%) |
| FY2024 | 2.1× | 18.02% |
| FY2023 | 1.8× | (61.95%) |
| FY2022 | 4.7× | (40.62%) |
| FY2021 | 8.0× | 56.25% |
| FY2020 | 5.1× | 10.30% |
| FY2019 | 4.6× | 13.16% |
| FY2018 | 4.1× | 3.36% |
| FY2017 | 4.0× | 6.73% |
| FY2016 | 3.7× | (16.66%) |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 2.2× | 11.12% |
| Mar 2026 | 1.9× | 1.03% |
| Dec 2025 | 1.9× | (6.55%) |
| Sep 2025 | 2.1× | (3.21%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| LINE Lineage, Inc. compare | 0.9× |
| REXR Rexford Industrial Realty, Inc. compare | 1.1× |
| TRNO Terreno Realty Corporation compare | 1.5× |
| EXR Extra Space Storage Inc | 2.1× |
| FR First Industrial Realty Trust, Inc. compare | 2.7× |
| EGP EastGroup Properties, Inc. compare | 2.9× |
| CUBE CubeSmart compare | 3.4× |
| PSA Public Storage compare | 10.6× |
| PLD Prologis, Inc. compare | 26.5× |
| Reit Industrial industry median | 1.8× |
| Real Estate sector median | 1.0× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on EXR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S 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