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Extra Space Storage Inc. (EXR)
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Extra Space Storage Inc. (EXR) EV/EBITDA Ratio: 14.11x

For REITs like Extra Space Storage Inc., EV/EBITDA is secondary context: property companies are valued primarily on funds from operations (FFO / AFFO) and price-to-FFO, where heavy non-cash depreciation makes EBITDA-based multiples less informative than for an operating company.

The EV/EBITDA ratio for Extra Space Storage Inc. (EXR) is 14.11x as of Sunday, June 21, 2026.

EXR EV/EBITDA Ratio Chart

EXR EV/EBITDA Ratio
14.11x-27.64% 1Y
Zoom

EXR Average EV/EBITDA Ratio Chart

EXR Current vs Average EV/EBITDA Ratio Chart

EXR EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

14.11x

EV/EBITDA RATIO AVG TTM

16.40x

EV/EBITDA RATIO AVG 3Y

19.64x

EV/EBITDA RATIO AVG 5Y

22.73x

EV/EBITDA RATIO AVG 10Y

22.27x

EV/EBITDA RATIO AVG 15Y

22.99x

EV/EBITDA RATIO AVG 20Y

21.65x

CURRENT VS TTM AVG

-13.97%

CURRENT VS 3Y AVG

-28.16%

CURRENT VS 5Y AVG

-37.91%

CURRENT VS 10Y AVG

-36.63%

CURRENT VS 15Y AVG

-38.64%

CURRENT VS 20Y AVG

-34.82%

EXR Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Extra Space Storage Inc. (EXR)$30.70B14.11x16.40x19.64x22.73x
VICI Properties Inc. (VICI)vs ›$28.30B11.34x13.34x14.37x18.18x
Crown Castle Inc. (CCI)vs ›$35.81B22.30x23.99x19.80x23.19x
AvalonBay Communities, Inc. (AVB)vs ›$25.16B17.17x15.69x16.98x17.46x
Ventas, Inc. (VTR)vs ›$39.68B21.30x22.33x19.84x19.53x
SBA Communications Corporation (SBAC)vs ›$19.82B16.59x19.26x20.77x25.10x
Essex Property Trust, Inc. (ESS)vs ›$17.59B16.68x17.32x17.41x17.12x
Host Hotels & Resorts, Inc. (HST)vs ›$17.13B10.08x9.85x9.86x25.26x
Kimco Realty Corporation (KIM)vs ›$16.44B15.81x15.92x16.90x17.27x
Regency Centers Corporation (REG)vs ›$14.08B16.84x18.37x18.94x19.46x

EV/EBITDA vs. its own history

At 14.1, EV/EBITDA is cheaper than usual, sitting higher than 4% of its 20-year history.

20-year low

8.1

median

21.8

20-year high

36.0

cheaperricher

Extra Space Storage Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Extra Space Storage Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Extra Space Storage Inc. (EXR)?
The EV/EBITDA ratio for EXR stock is 14.11x.
What is the TTM average EV/EBITDA ratio for Extra Space Storage Inc. (EXR)?
The TTM average EV/EBITDA ratio for EXR stock is 16.40x.
What is the 3Y average EV/EBITDA ratio for Extra Space Storage Inc. (EXR)?
The 3Y average EV/EBITDA ratio for EXR stock is 19.64x.
What is the 5Y average EV/EBITDA ratio for Extra Space Storage Inc. (EXR)?
The 5Y average EV/EBITDA ratio for EXR stock is 22.73x.
What is the 10Y average EV/EBITDA ratio for Extra Space Storage Inc. (EXR)?
The 10Y average EV/EBITDA ratio for EXR stock is 22.27x.
What is the 15Y average EV/EBITDA ratio for Extra Space Storage Inc. (EXR)?
The 15Y average EV/EBITDA ratio for EXR stock is 22.99x.
What is the 20Y average EV/EBITDA ratio for Extra Space Storage Inc. (EXR)?
The 20Y average EV/EBITDA ratio for EXR stock is 21.65x.

Extra Space Storage Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-1814.11x
2026-06-1714.01x
2026-06-1614.18x
2026-06-1514.20x
2026-06-1214.47x
2026-06-1114.44x
2026-06-1014.40x
2026-06-0914.30x
2026-06-0814.09x
2026-06-0514.11x
2026-06-0414.14x
2026-06-0313.95x
2026-06-0213.90x
2026-06-0113.77x
2026-05-2914.04x
2026-05-2814.14x
2026-05-2714.05x
2026-05-2614.02x
2026-05-2213.97x
2026-05-2114.01x
2026-05-2013.90x
2026-05-1913.77x
2026-05-1813.70x
2026-05-1513.54x
2026-05-1413.90x
2026-05-1313.91x
2026-05-1214.07x
2026-05-1114.06x
2026-05-0813.97x
2026-05-0713.97x
2026-05-0614.01x
2026-05-0513.73x
2026-05-0413.70x
2026-05-0113.88x
2026-04-3014.57x
2026-04-2914.38x
2026-04-2814.41x
2026-04-2714.32x
2026-04-2414.49x
2026-04-2314.53x
2026-04-2214.43x
2026-04-2114.59x
2026-04-2014.82x
2026-04-1714.71x
2026-04-1614.45x
2026-04-1514.41x
2026-04-1414.44x
2026-04-1314.32x
2026-04-1014.26x
2026-04-0914.29x
2026-04-0814.18x
2026-04-0713.85x
2026-04-0613.93x
2026-04-0213.92x
2026-04-0113.82x
2026-03-3113.73x
2026-03-3013.53x
2026-03-2713.58x
2026-03-2613.68x
2026-03-2513.65x
2026-03-2413.63x
2026-03-2313.78x
2026-03-2013.67x
2026-03-1914.06x
2026-03-1814.09x
2026-03-1714.23x
2026-03-1614.31x
2026-03-1314.44x
2026-03-1214.35x
2026-03-1114.45x
2026-03-1014.80x
2026-03-0914.78x
2026-03-0614.80x
2026-03-0514.86x
2026-03-0415.06x
2026-03-0315.02x
2026-03-0215.22x
2026-02-2715.11x
2026-02-2614.87x
2026-02-2514.82x
2026-02-2415.01x
2026-02-2315.06x
2026-02-2015.22x
2026-02-1916.09x
2026-02-1816.02x
2026-02-1716.22x
2026-02-1316.11x
2026-02-1215.95x
2026-02-1115.81x
2026-02-1015.73x
2026-02-0915.65x
2026-02-0615.62x
2026-02-0515.51x
2026-02-0415.75x
2026-02-0315.48x
2026-02-0215.25x
2026-01-3015.46x
2026-01-2915.53x
2026-01-2815.40x
2026-01-2715.60x
2026-01-2615.63x
2026-01-2315.74x
2026-01-2215.91x
2026-01-2116.04x
2026-01-2016.04x
2026-01-1616.30x
2026-01-1516.17x
2026-01-1415.98x
2026-01-1315.66x
2026-01-1215.65x
2026-01-0915.56x
2026-01-0815.34x
2026-01-0715.15x
2026-01-0615.27x
2026-01-0514.94x
2026-01-0214.93x
2025-12-3114.87x
2025-12-3014.97x
2025-12-2914.91x
2025-12-2614.91x
2025-12-2414.87x
2025-12-2314.81x
2025-12-2214.91x
2025-12-1914.86x
2025-12-1814.92x
2025-12-1715.00x
2025-12-1614.91x
2025-12-1515.11x
2025-12-1215.20x
2025-12-1115.09x
2025-12-1014.84x
2025-12-0914.60x
2025-12-0814.74x
2025-12-0514.82x
2025-12-0414.94x
2025-12-0315.03x
2025-12-0215.05x
2025-12-0115.00x
2025-11-2815.10x
2025-11-2615.11x
2025-11-2515.04x
2025-11-2414.88x
2025-11-2114.97x
2025-11-2014.76x
2025-11-1914.81x
2025-11-1814.88x
2025-11-1714.90x
2025-11-1415.08x
2025-11-1315.00x
2025-11-1215.06x
2025-11-1115.16x
2025-11-1014.89x
2025-11-0715.10x
2025-11-0614.94x
2025-11-0515.08x
2025-11-0414.96x
2025-11-0314.95x
2025-10-3115.13x
2025-10-3018.27x
2025-10-2918.91x
2025-10-2819.39x
2025-10-2719.63x
2025-10-2419.70x
2025-10-2319.75x
2025-10-2219.86x
2025-10-2119.72x
2025-10-2019.81x
2025-10-1719.81x
2025-10-1619.86x
2025-10-1519.60x
2025-10-1419.47x
2025-10-1319.21x
2025-10-1018.93x
2025-10-0919.03x
2025-10-0818.97x
2025-10-0719.02x
2025-10-0618.90x
2025-10-0319.01x
2025-10-0218.89x
2025-10-0118.86x
2025-09-3018.84x
2025-09-2918.88x
2025-09-2618.74x
2025-09-2518.54x
2025-09-2418.54x
2025-09-2318.62x
2025-09-2218.62x
2025-09-1918.69x
2025-09-1819.00x
2025-09-1719.04x
2025-09-1619.07x
2025-09-1519.09x
2025-09-1219.41x
2025-09-1119.52x
2025-09-1019.21x
2025-09-0919.20x
2025-09-0819.40x
2025-09-0519.42x
2025-09-0419.10x
2025-09-0319.05x
2025-09-0218.83x
2025-08-2919.08x
2025-08-2818.96x
2025-08-2718.90x
2025-08-2618.80x
2025-08-2518.77x
2025-08-2219.00x
2025-08-2118.66x
2025-08-2018.72x
2025-08-1918.70x
2025-08-1818.46x
2025-08-1518.48x
2025-08-1418.44x
2025-08-1318.59x
2025-08-1218.34x
2025-08-1118.31x
2025-08-0818.42x
2025-08-0718.59x
2025-08-0618.57x
2025-08-0518.62x
2025-08-0418.57x
2025-08-0118.69x
2025-07-3118.37x
2025-07-3019.78x
2025-07-2920.02x
2025-07-2819.68x
2025-07-2519.92x
2025-07-2419.88x
2025-07-2319.93x
2025-07-2219.96x
2025-07-2119.63x
2025-07-1819.66x
2025-07-1719.58x
2025-07-1619.74x
2025-07-1519.65x
2025-07-1419.88x
2025-07-1119.86x
2025-07-1019.73x
2025-07-0919.72x
2025-07-0819.82x
2025-07-0719.74x
2025-07-0320.11x
2025-07-0220.00x
2025-07-0119.88x
2025-06-3019.60x
2025-06-2719.45x
2025-06-2619.43x
2025-06-2519.41x
2025-06-2419.70x
2025-06-2319.74x
2025-06-2019.47x
2025-06-1819.50x
2025-06-1719.64x
2025-06-1619.74x
2025-06-1319.80x
2025-06-1219.88x
2025-06-1119.86x
2025-06-1019.99x
2025-06-0919.88x
2025-06-0619.82x

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

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