---
title: Extra Space Storage (EXR) — REIT card
canonical: https://sweetvaluelab.com/tools/reits/exr
ticker: EXR
property_type: Self storage
as_of: 2026-10-16
---
# Extra Space Storage (EXR) — REIT card

Extra Space Storage, a self storage REIT, trades at 16.4× trailing Cash FFO with a 4.6% dividend yield, 76.1% of Cash FFO; net debt is 6.2× EBITDA. Prices as of Oct 16, 2026; trailing-twelve-month figures through Jun 30, 2026.

## The card

| Figure | EXR | Self storage average (1) |
| --- | ---: | ---: |
| Price | $139.61 |  |
| Cash FFO (TTM) | $1.9B |  |
| Cash FFO per share | $8.52 |  |
| P/Cash FFO | 16.4× | 16.4× |
| P/E | 31.2 |  |
| Dividend per share (TTM) | $6.48 |  |
| Dividend yield | 4.6% | 4.0% |
| Yield spread over the 10-year | -0.4% |  |
| Cash FFO payout | 76.1% | 66.1% |
| Cash FFO growth (YoY) | -2.5% | 0.8% |
| Cash FFO CAGR (3y) | 0.5% |  |
| Net debt / EBITDA | 6.2× | 2.8× |
| Interest cover | 1.5× | 10.8× |
| Debt / assets | 46.3% |  |
| EBITDA margin | 64.6% | 72.1% |
| Market value | $30.8B |  |
| Enterprise value | $44.5B |  |

## Lights

- EBITDA covers interest 1.5×; a rate reset or an NOI dip reaches the dividend quickly

---

Source: https://sweetvaluelab.com/tools/reits/exr (SweetValueLab, free, no account). Quarterly statements from Financial Modeling Prep, closes from the daily price cache; the engine's rules are on the board page. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.