Extra Space Storage Stock EBITDA

EXR Stock  USD 146.92  2.59  1.73%   
Fundamental analysis of Extra Space allows traders to better anticipate movements in Extra Space's stock price by examining its financial health and performance throughout various phases of its business cycle.
Last ReportedProjected for Next Year
EBITDA2.3 B2.4 B
As of 10/29/2025, EBITDA is likely to grow to about 2.4 B.
  
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This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Extra Space Storage Company EBITDA Analysis

Extra Space's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Extra Space EBITDA

    
  2.26 B  
Most of Extra Space's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Extra Space Storage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Extra EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Extra Space is extremely important. It helps to project a fair market value of Extra Stock properly, considering its historical fundamentals such as EBITDA. Since Extra Space's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Extra Space's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Extra Space's interrelated accounts and indicators.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Extra Ebitda

Ebitda

2.37 Billion

At this time, Extra Space's EBITDA is relatively stable compared to the past year.
According to the company disclosure, Extra Space Storage reported earnings before interest,tax, depreciation and amortization of 2.26 B. This is 204.36% higher than that of the Specialized REITs sector and significantly higher than that of the Real Estate industry. The ebitda for all United States stocks is 42.04% higher than that of the company.

Extra EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Extra Space's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Extra Space could also be used in its relative valuation, which is a method of valuing Extra Space by comparing valuation metrics of similar companies.
Extra Space is currently under evaluation in ebitda category among its peers.

Extra Space Current Valuation Drivers

We derive many important indicators used in calculating different scores of Extra Space from analyzing Extra Space's financial statements. These drivers represent accounts that assess Extra Space's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Extra Space's important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap15.0B30.2B19.7B27.1B24.4B25.6B
Enterprise Value20.9B36.4B27.2B38.3B34.5B36.2B

Extra Space ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Extra Space's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Extra Space's managers, analysts, and investors.
Environmental
Governance
Social

Extra Space Institutional Holders

Institutional Holdings refers to the ownership stake in Extra Space that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Extra Space's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Extra Space's value.
Shares
Massachusetts Financial Services Company2025-06-30
3.1 M
Dimensional Fund Advisors, Inc.2025-06-30
3.1 M
Northern Trust Corp2025-06-30
2.8 M
Centersquare Investment Management Llc2025-06-30
2.7 M
Daiwa Securities Group Inc2025-06-30
2.7 M
Goldman Sachs Group Inc2025-06-30
2.6 M
Apg Investments Us Inc2025-06-30
2.5 M
Charles Schwab Investment Management Inc2025-06-30
2.5 M
Legal & General Group Plc2025-06-30
2.1 M
Vanguard Group Inc2025-06-30
34.3 M
Blackrock Inc2025-06-30
21.4 M

Extra Fundamentals

About Extra Space Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Extra Space Storage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Extra Space using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Extra Space Storage based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Extra Space

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Extra Space position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Extra Space will appreciate offsetting losses from the drop in the long position's value.

Moving against Extra Stock

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The ability to find closely correlated positions to Extra Space could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extra Space when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Extra Space - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Extra Space Storage to buy it.
The correlation of Extra Space is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Extra Space moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extra Space Storage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Extra Space can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Extra Stock Analysis

When running Extra Space's price analysis, check to measure Extra Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extra Space is operating at the current time. Most of Extra Space's value examination focuses on studying past and present price action to predict the probability of Extra Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extra Space's price. Additionally, you may evaluate how the addition of Extra Space to your portfolios can decrease your overall portfolio volatility.