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.

139.61 1.92 +1.39%
Market cap
$30.4B
P/E
30.8×
Fwd P/E
31.3×
Dividend yield
4.64%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Extra Space Storage Inc (EXR) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Extra Space Storage Inc (EXR) trades at a price to free cash flow of 22.4×. Over the past ten years it has ranged from 0.0× (March 2023) to 1,619× (May 2015); the current reading is higher than 27% of that period. That is in line with the Reit Industrial industry median of 22.4× and above the Real Estate sector median of 11.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 24.5× (6.29%)
FY2024 26.1× (9.21%)
FY2023 28.7× —
FY2022 0.0× —
FY2021 130× 265.40%
FY2020 35.7× (18.86%)
FY2019 44.0× (7.93%)
FY2018 47.8× (4.08%)
FY2017 49.8× —
FY2016 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 23.4× (1.81%)
Mar 2026 23.8× (2.71%)
Dec 2025 24.5× (6.40%)
Sep 2025 26.1× (12.68%)
42 more quarters

Against its own ten years

Low 0.0× High 1,619×
Ten-year median 28.7×
Current reading's percentile 27

Price to free cash flow against peers

Company Price to free cash flow
TRNO Terreno Realty Corporation compare n/m
CUBE CubeSmart compare 17.4×
PSA Public Storage compare 20.3×
EXR Extra Space Storage Inc 22.4×
LINE Lineage, Inc. compare 23.1×
REXR Rexford Industrial Realty, Inc. compare 36.2×
PLD Prologis, Inc. compare 40.2×
FR First Industrial Realty Trust, Inc. compare 75.3×
EGP EastGroup Properties, Inc. compare 13,665×
Reit Industrial industry median 22.4×
Real Estate sector median 11.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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