Lumida
/EXR
⌘K
Extra Space Storage Inc

Extra Space Storage Inc

EXR
$137.64USD+0.87%+1.19 today

MARKET CAP

29.1B

P/E (TTM)

30.9x

FWD P/E

DAY RANGE

$136 – $139

52W RANGE

$126
$159

AI Summary

Stalk
Sell NowMedium

EXR is in a Stage 4 declining phase following a decisive support breakdown, with bearish continuation patterns dominating. Price remains below all key EMAs and SMAs, signaling sustained supply pressure. Oversold conditions suggest potential for a short-covering bounce, but failure to reclaim the 9- and 20-day EMAs confirms seller control. Execution favors selling into the zone of the 9/20/50 EMAs near declining resistance. Caution: extreme oversold could induce a relief rally, and a reclaimed EMA zone would invalidate the bearish tone.

  • Core FFO $2.15/sh in Q2’26, +4.9% YoY; NOI +1.2%
  • Occupancy 93% in Q1’26; same-store revenue +1.7% driven by higher rates
  • Q4 same-store revenue flat and missed internal forecasts
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$1.6B$1.9B$2.6B$3.3B$3.4B
YoY %+16.3%+22.0%+33.1%+27.2%+3.7%
P / Sales20.1x10.6x10.9x9.7x8.2x
EV / Sales24.3x14.8x15.5x14.0x12.6x
Gross Profit, Adj.$1.2B$1.5B$1.9B$2.4B$2.5B
YoY %+21.4%+23.2%+30.9%+24.5%+1.4%
Margin %76.6%77.4%76.1%74.5%72.8%
EV / Gross Profit31.7x19.1x20.4x18.8x17.2x
EBITDA, Adj.$1.1B$1.3B$1.7B$2.2B$2.2B
YoY %+23.4%+23.1%+26.4%+30.3%+0.9%
Margin %68.3%68.9%65.5%67.1%65.3%
EV / EBITDA35.6x21.4x23.7x20.8x19.2x
EBIT$835.2M$1.0B$1.2B$1.4B$1.5B
YoY %+28.9%+24.2%+12.8%+19.7%+6.3%
Margin %52.9%53.9%45.7%43.0%44.1%
EV / EBIT45.9x27.4x34.0x32.5x28.5x
Net Income$826.5M$859.5M$802.0M$853.2M$972.3M
YoY %+71.5%+4.0%-6.7%+6.4%+14.0%
Net Margin52.4%44.7%31.3%26.2%28.8%
EPS (GAAP)$6.19$6.41$4.74$4.03$4.59
YoY %+66.8%+3.6%-26.1%-15.0%+13.9%