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) Return on invested capital

Alert me on Return on invested capital

Extra Space Storage Inc's return on invested capital over the twelve months to 30 June 2026 was 3.25%, up 0.0 percentage points from fiscal 2025 (3.22%). Over the past ten years it has ranged from 2.78% (fiscal 2023) to 6.31% (fiscal 2021); the current reading is higher than 36% of that period. That is above the Reit Industrial industry median of 2.92% and above the Real Estate sector median of 2.03%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 3.22% 0.16
FY2024 3.06% 0.28
FY2023 2.78% (3.02)
FY2022 5.80% (0.51)
FY2021 6.31% 1.44
FY2020 4.87% (0.16)
FY2019 5.03% (0.12)
FY2018 5.15% (0.54)
FY2017 5.69% 1.51
FY2016 4.18% 1.01

Against its own ten years

Low 2.78% High 6.31%
Ten-year median 4.87%
Current reading's percentile 36

Return on invested capital against peers

Company Return on invested capital
PSA Public Storage compare 7.20%
CUBE CubeSmart compare 4.67%
FR First Industrial Realty Trust, Inc. compare 3.71%
EGP EastGroup Properties, Inc. compare 3.70%
PLD Prologis, Inc. compare 3.38%
EXR Extra Space Storage Inc 3.25%
TRNO Terreno Realty Corporation compare 2.42%
REXR Rexford Industrial Realty, Inc. compare 2.19%
LINE Lineage, Inc. compare 0.74%
Reit Industrial industry median 2.92%
Real Estate sector median 2.03%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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