Extra Space Storage Inc. logo

EXR

Extra Space Storage Inc.

$158.93

Earnings Summary

Revenue
$799.54Mn
Net Profits
$213.11Mn
Net Profit Margins
26.65%
PE Ratio
36.74

Highlights

Revenue:

Extra Space Storage Inc.’s revenue jumped 58.94% since last year same period to $799.54Mn in the Q1 2024. On a quarterly growth basis, Extra Space Storage Inc. has generated 0.22% jump in its revenue since last 3-months.

Net Profits:

Extra Space Storage Inc.’s net profit jumped 8.56% since last year same period to $213.11Mn in the Q1 2024. On a quarterly growth basis, Extra Space Storage Inc. has generated -1.4% fall in its net profits since last 3-months.

Net Profit Margins:

Extra Space Storage Inc.’s net profit margin fell -31.7% since last year same period to 26.65% in the Q1 2024. On a quarterly growth basis, Extra Space Storage Inc. has generated -1.62% fall in its net profit margins since last 3-months.

PE Ratio:

Extra Space Storage Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 36.74.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Extra Space Storage Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1.03
EPS Estimate Current Year
1.03

Highlights

EPS Estimate Current Quarter:

Extra Space Storage Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.03 - a 4.04% jump from last quarter’s estimates.

EPS Estimate Current Year:

Extra Space Storage Inc.’s earning per share (EPS) estimates for the current year stand at 1.03.

Key Ratios

Key ratios of the Extra Space Storage Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
1.01
Return on Assets (ROA)
0.04
Return on Equity (ROE)
0.09
Dividend Per Share (DPS)
1.62

Highlights

Earning Per Share (EPS):

Extra Space Storage Inc.’s earning per share (EPS) fell -30.82% since last year same period to 1.01 in the Q1 2024. This indicates that the Extra Space Storage Inc. has generated -30.82% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Extra Space Storage Inc.’s return on assets (ROA) stands at 0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Extra Space Storage Inc.’s return on equity (ROE) stands at 0.09.

Dividend Per Share (DPS):

Extra Space Storage Inc. declared 1.62 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-03
0.99
1.01
2.02%