Extra Space Storage (EXR) Ratios
Extra Space Storage Ratios
MX:EXR's free cash flow for Q3 2026 was $607.98M. For the 2026 fiscal year, MX:EXR's free cash flow was increased by $140.85M and operating cash flow was $467.13M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.28 | 0.93 | 0.85 | 0.67 | 0.83 |
| Quick Ratio | 1.28 | 0.93 | 0.85 | 0.67 | 0.83 |
| Cash Ratio | 0.10 | 0.08 | 0.09 | 0.08 | 0.10 |
| Solvency Ratio | 0.11 | 0.12 | 0.11 | 0.14 | 0.16 |
| Operating Cash Flow Ratio | 1.33 | 1.06 | 1.29 | 1.05 | 1.29 |
| Short-Term Operating Cash Flow Coverage | 1.33 | 1.39 | 2.06 | 1.31 | 1.78 |
| Net Current Asset Value | $ -13.15B | $ -12.33B | $ -11.11B | $ -7.30B | $ -6.07B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.51 | 0.45 | 0.41 | 0.62 | 0.59 |
| Debt-to-Equity Ratio | 1.11 | 0.93 | 0.78 | 2.32 | 1.99 |
| Debt-to-Capital Ratio | 0.53 | 0.48 | 0.44 | 0.70 | 0.67 |
| Long-Term Debt-to-Capital Ratio | 0.48 | 0.44 | 0.42 | 0.66 | 0.64 |
| Financial Leverage Ratio | 2.18 | 2.07 | 1.91 | 3.73 | 3.36 |
| Debt Service Coverage Ratio | 1.17 | 1.14 | 1.58 | 1.16 | 1.55 |
| Interest Coverage Ratio | 2.34 | 2.22 | 2.67 | 4.79 | 5.87 |
| Debt to Market Cap | 0.51 | 0.39 | 0.41 | 0.37 | 0.20 |
| Interest Debt Per Share | 73.67 | 64.39 | 69.09 | 58.04 | 47.66 |
| Net Debt to EBITDA | 6.14 | 5.70 | 6.22 | 5.46 | 5.52 |
| Profitability Margins | |||||
| Gross Profit Margin | 28.43% | 76.31% | 77.29% | 78.46% | 76.44% |
| EBIT Margin | 50.31% | 44.40% | 49.39% | 54.90% | 53.89% |
| EBITDA Margin | 71.48% | 67.70% | 68.54% | 69.56% | 68.92% |
| Operating Profit Margin | 44.09% | 39.65% | 44.75% | 53.44% | 60.63% |
| Pretax Profit Margin | 31.51% | 27.97% | 33.35% | 47.93% | 55.79% |
| Net Profit Margin | 28.84% | 25.61% | 30.71% | 43.79% | 51.42% |
| Continuous Operations Profit Margin | 30.27% | 26.97% | 32.52% | 46.86% | 54.53% |
| Net Income Per EBT | 91.53% | 91.54% | 92.11% | 91.36% | 92.16% |
| EBT Per EBIT | 71.46% | 70.56% | 74.52% | 89.69% | 92.02% |
| Return on Assets (ROA) | 3.33% | 2.96% | 2.93% | 7.07% | 7.90% |
| Return on Equity (ROE) | 7.25% | 6.13% | 5.58% | 26.40% | 26.56% |
| Return on Capital Employed (ROCE) | 5.34% | 4.89% | 4.44% | 9.56% | 10.03% |
| Return on Invested Capital (ROIC) | 4.89% | 4.49% | 4.22% | 8.61% | 9.29% |
| Return on Tangible Assets | 3.35% | 2.98% | 2.96% | 7.19% | 7.91% |
| Earnings Yield | 3.53% | 2.70% | 2.96% | 4.36% | 2.74% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.05 | 2.42 | 3.54 | 3.05 | 3.21 |
| Payables Turnover | 0.00 | 2.28 | 1.78 | 2.47 | 2.67 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 4.24 | 4.51 | 9.48 | 7.43 | 6.26 |
| Asset Turnover | 0.12 | 0.12 | 0.10 | 0.16 | 0.15 |
| Working Capital Turnover Ratio | 24.82 | -23.82 | -9.51 | -7.63 | -3.89 |
| Cash Conversion Cycle | 178.16 | -8.96 | -102.34 | -28.43 | -23.04 |
| Days of Sales Outstanding | 178.16 | 150.98 | 103.21 | 119.58 | 113.88 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 0.00 | 159.94 | 205.55 | 148.02 | 136.92 |
| Operating Cycle | 178.16 | 150.98 | 103.21 | 119.58 | 113.88 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 8.73 | 8.92 | 8.29 | 9.24 | 7.14 |
| Free Cash Flow Per Share | 8.63 | 8.82 | 8.19 | 9.07 | 7.11 |
| Dividend Paid and CapEx Coverage Ratio | 1.33 | 1.35 | 1.32 | 1.50 | 1.58 |
| Capital Expenditure Coverage Ratio | 87.53 | 92.01 | 87.69 | 54.23 | 260.30 |
| Operating Cash Flow Coverage Ratio | 0.12 | 0.14 | 0.12 | 0.16 | 0.15 |
| Operating Cash Flow to Sales Ratio | 0.55 | 0.57 | 0.54 | 0.63 | 0.59 |
| Free Cash Flow Yield | 6.63% | 5.90% | 5.11% | 6.16% | 3.14% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 28.37 | 37.12 | 33.78 | 22.92 | 36.54 |
| Price-to-Sales (P/S) Ratio | 8.17 | 9.48 | 10.37 | 10.04 | 18.79 |
| Price-to-Book (P/B) Ratio | 2.05 | 2.27 | 1.89 | 6.05 | 9.70 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 15.08 | 16.95 | 19.57 | 16.23 | 31.87 |
| Price-to-Operating Cash Flow Ratio | 14.91 | 16.77 | 19.34 | 15.93 | 31.75 |
| Price-to-Earnings Growth (PEG) Ratio | 2.04 | -2.48 | -1.30 | 6.77 | 0.54 |
| Enterprise Value Multiple | 17.57 | 19.71 | 21.36 | 19.89 | 32.77 |
| Enterprise Value | 42.42B | 44.54B | 38.28B | 27.20B | 36.36B |
| EV to EBITDA | 17.57 | 19.71 | 21.36 | 19.89 | 32.77 |
| EV to Sales | 12.56 | 13.34 | 14.64 | 13.84 | 22.59 |
| EV to Free Cash Flow | 23.19 | 23.86 | 27.61 | 22.38 | 38.32 |
| EV to Operating Cash Flow | 22.93 | 23.60 | 27.30 | 21.97 | 38.18 |
| Tangible Book Value Per Share | 66.75 | 69.32 | 89.21 | 28.99 | 28.26 |
| Shareholders’ Equity Per Share | 63.41 | 65.92 | 85.04 | 24.32 | 23.37 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.04 | 0.04 | 0.02 | 0.02 | 0.02 |
| Revenue Per Share | 15.94 | 15.78 | 15.45 | 14.66 | 12.07 |
| Net Income Per Share | 4.60 | 4.04 | 4.75 | 6.42 | 6.21 |
| Tax Burden | 0.92 | 0.92 | 0.92 | 0.91 | 0.92 |
| Interest Burden | 0.63 | 0.63 | 0.68 | 0.87 | 1.04 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.06 | 0.08 | 0.06 | 0.07 | 0.06 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | 1.81 | 2.10 | 1.65 | 1.34 | 1.09 |
Currency in USD
