Extra Space Storage Inc. logo
Extra Space Storage Inc. (EXR)
Compare

Extra Space Storage Inc. (EXR) Return on Invested Capital (ROIC): 4.89%

Is Extra Space Storage Inc.’s return on invested capital (ROIC) high or low?

Extra Space Storage Inc.'s return on invested capital (ROIC) of 4.89% is 24% below its 5-year average of 6.42%, near the low end of its 5-year range (4.22%–9.29%).

As of Sunday, June 21, 2026. 4.26% above its 12-month average of 4.69%.

EXR Return on Invested Capital (ROIC) Chart

EXR Return on Invested Capital (ROIC)
4.89%+8.91% 1Y
Zoom

EXR Average Return on Invested Capital (ROIC) Chart

EXR Current vs Average Return on Invested Capital (ROIC) Chart

EXR Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

4.89%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

4.69%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

5.55%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

6.42%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

6.54%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

6.02%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

5.15%

CURRENT VS TTM AVG

+4.26%

CURRENT VS 3Y AVG

-11.93%

CURRENT VS 5Y AVG

-23.87%

CURRENT VS 10Y AVG

-25.28%

CURRENT VS 15Y AVG

-18.71%

CURRENT VS 20Y AVG

-5.14%

EXR Competitors' Return on Invested Capital (ROIC)

NAMEMARKET CAPRETURN ON INVESTED CAPITAL (ROIC)TTM3Y5Y
Extra Space Storage Inc. (EXR)$30.70B4.89%4.69%5.55%6.42%
VICI Properties Inc. (VICI)vs ›$28.30B7.92%7.91%6.98%6.96%
Crown Castle Inc. (CCI)vs ›$35.81B6.81%-1.27%2.54%3.39%
AvalonBay Communities, Inc. (AVB)vs ›$25.16B4.28%4.40%4.28%4.02%
Ventas, Inc. (VTR)vs ›$39.68B3.16%2.95%2.18%2.17%
SBA Communications Corporation (SBAC)vs ›$19.82B10.05%11.31%9.79%6.20%
Essex Property Trust, Inc. (ESS)vs ›$17.59B6.13%5.87%5.39%4.94%
Host Hotels & Resorts, Inc. (HST)vs ›$17.13B6.04%6.42%6.46%3.31%
Kimco Realty Corporation (KIM)vs ›$16.44B3.80%3.38%3.04%2.90%
Regency Centers Corporation (REG)vs ›$14.08B4.43%6.21%6.92%6.92%

Capital Efficiency

ROIC

4.9%

ROE

7.1%

Extra Space Storage Inc. Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital

Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Extra Space Storage Inc. Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Extra Space Storage Inc. (EXR)?
The return on invested capital (ROIC) for EXR stock is 4.89%.
Is Extra Space Storage Inc.'s return on invested capital (ROIC) high or low?
Extra Space Storage Inc.'s return on invested capital (ROIC) of 4.89% is 24% below its 5-year average of 6.42%, near the low end of its 5-year range (4.22%–9.29%).
What is the TTM average return on invested capital (ROIC) for Extra Space Storage Inc. (EXR)?
The TTM average return on invested capital (ROIC) for EXR stock is 4.69%.
What is the 3Y average return on invested capital (ROIC) for Extra Space Storage Inc. (EXR)?
The 3Y average return on invested capital (ROIC) for EXR stock is 5.55%.
What is the 5Y average return on invested capital (ROIC) for Extra Space Storage Inc. (EXR)?
The 5Y average return on invested capital (ROIC) for EXR stock is 6.42%.
What is the 10Y average return on invested capital (ROIC) for Extra Space Storage Inc. (EXR)?
The 10Y average return on invested capital (ROIC) for EXR stock is 6.54%.
What is the 15Y average return on invested capital (ROIC) for Extra Space Storage Inc. (EXR)?
The 15Y average return on invested capital (ROIC) for EXR stock is 6.02%.
What is the 20Y average return on invested capital (ROIC) for Extra Space Storage Inc. (EXR)?
The 20Y average return on invested capital (ROIC) for EXR stock is 5.15%.

Extra Space Storage Inc. Return on Invested Capital (ROIC) History

DATERETURN ON INVESTED CAPITAL (ROIC)
2025-12-314.89%
2024-12-314.49%
2023-12-314.22%
2022-12-318.61%
2021-12-319.29%
2020-12-317.04%
2019-12-317.40%
2018-12-317.88%
2017-12-317.31%
2016-12-316.19%
2015-12-314.67%
2014-12-316.21%
2013-12-315.17%
2012-12-314.76%
2011-12-314.57%
2010-12-313.55%
2009-12-312.67%
2008-12-31-0.45%
2007-12-314.18%
2006-12-310.00%
2005-12-310.00%
2004-12-3128.59%
2003-12-310.00%
2002-12-310.00%
2001-12-310.00%

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