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Extra Space Storage Inc. (EXR) Enterprise Value (EV): $44.56B

The enterprise value (EV) for Extra Space Storage Inc. (EXR) is $44.56B as of Sunday, June 21, 2026.

EXR Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$44.56B

Enterprise Value Calculation

Market Cap

$30.70B

+

Total Debt

$14.00B

Cash

$138.92M

=

Enterprise Value

$44.56B

EV-Based Valuation Multiples

EV/FCF

Not meaningful

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Extra Space Storage Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Extra Space Storage Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Extra Space Storage Inc. (EXR)?
The enterprise value (EV) for EXR stock is $44.56B.

About Extra Space Storage Inc.

Extra Space Storage Inc., a prominent, self-administered and self-managed real estate investment trust (REIT), is headquartered in Salt Lake City, Utah, and holds a distinguished place as a member of the S&P 500 index. As of September 30, 2020, its expansive portfolio encompassed 1,906 self-storage facilities, with operations spanning 40 U.S. states, Washington, D.C., and Puerto Rico. Collectively, these facilities offer roughly 1.4 million individual storage units, totaling approximately 147.5 million square feet of rentable area. Extra Space Storage caters to diverse customer needs by providing a wide array of secure and conveniently located storage solutions nationwide. This includes specialized options for vehicles like boats and RVs, as well as dedicated business storage. Notably, it holds the position of the second-largest owner and operator of self-storage facilities throughout the U.S., and stands as the nation's largest self-storage management company.

Salt Lake City, UT
8,012 employees
Real Estate / REIT - Industrial
Sector
Real Estate
Industry
REIT - Industrial
CEO
Joseph Daniel Margolis