Business description: Extra Space Storage Inc.

Extra Space Storage Inc. specializes in owning and managing self-storage facilities. Net sales break down by activity as follows:

- rental of storage spaces (86.1%);

- other (13.9%): tenant insurance, development and operation of storage facilities.

At the end of 2024, its real estate portfolio, with a total lettable area of 28,651,297 m2, was made up of 4,011 assets located in the United States.

Number of employees: 8,012

Sales by Activity: Extra Space Storage Inc.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Property Rental

1.16B 1.34B 1.65B 2.22B 2.8B

Unallocated Management Fees and Other Income

52.13M 66.26M 83.9M 102M 121M

Tenant Reinsurance

147M 170M 186M 236M 333M

Unallocated Equity in Earnings and Dividend Income from Unconsolidated Real Estate Entities

22.36M 32.36M 41.43M 54.84M 67.27M

Unallocated Equity in Earnings of Unconsolidated Real Estate Ventures - Gain on Sale of Real Estate Assets And Sale Of Joint Venture Interest

- - - - 13.73M

Geographical breakdown of sales: Extra Space Storage Inc.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

United States

1.38B 1.61B 1.97B 2.62B 3.34B

Executive Committee: Extra Space Storage Inc.

Manager TitleAgeSince
Chief Executive Officer 65 2016-12-31
President 46 2026-01-04
Director of Finance/CFO - 2025-06-30
Chief Investment Officer 51 2001-12-31
Chief Operating Officer 45 2020-06-29

Composition of the Board of Directors: Extra Space Storage Inc.

Director TitleAgeSince
Chairman 64 2009-03-31
Director/Board Member 65 2005-02-15
Chairman 79 2012-06-30
Director/Board Member 73 2013-12-31
Director/Board Member 70 2019-05-21
Director/Board Member 72 2020-02-11
Director/Board Member 55 2020-11-10
Director/Board Member 56 2023-07-19
Director/Board Member 63 2023-07-19
Director/Board Member 69 2023-07-19

Shareholders: Extra Space Storage Inc.

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
16.26 %
34,506,450 16.26 % 4 761 M $
BlackRock Advisors LLC
8.402 %
17,833,763 8.402 % 2 461 M $
Cohen & Steers Capital Management, Inc.
7.529 %
15,979,424 7.529 % 2 205 M $
6.523 %
13,844,723 6.523 % 1 910 M $
Norges Bank (13F)
4.413 %
9,365,735 4.413 % 1 292 M $

Company details: Extra Space Storage Inc.

Extra Space Storage, Inc.

2795 East Cottonwood Parkway

84121, Salt Lake City

+801 365 4600

http://www.extraspace.com
address Extra Space Storage Inc.(EXR)

Group companies: Extra Space Storage Inc.

NameCategory and Sector

Self-Storage REITs

Change 5d. change 1-year change 3-years change Capi.($)
+0.35%+3.40%-5.61%-8.01% 31.06B
-0.32%+1.88%+0.28%-0.39% 52.71B
+0.30%+0.88%-6.68%-14.32% 8.88B
-1.14%-7.19%-32.79% - 8.64B
+1.80%-0.80%-5.48%-34.70% 3.65B
+0.19%+0.58%+12.26%-18.63% 2.78B
+0.36%+0.36%+22.57%+14.94% 2.74B
-0.16%+0.21%-11.89%-20.76% 2.58B
+0.89%+0.13%+36.48%-25.07% 2.34B
+1.96%+2.34% - - 1.82B
Average +0.41%+0.99%+1.02%-13.37% 11.72B
Weighted average by Cap. -0.02%+3.25%-3.22%-6.06%
Trader
Investor
Global
Quality
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
146.36USD
Average target price
149.70USD
Spread / Average Target
+2.28%

Quarterly revenue - Rate of surprise

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